At a Glance
- Tasks: Lead transformative initiatives in custody operations and design innovative workflows.
- Company: Join BNY, a global leader in financial services with a culture of innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and a focus on wellbeing.
- Other info: Be part of a diverse team driving change in the financial industry.
- Why this job: Make a real impact in finance using cutting-edge AI and technology.
- Qualifications: Extensive experience in custody operations and strong stakeholder management skills.
The predicted salary is between 70000 - 90000 £ per year.
hackajob is collaborating with BNY to connect them with exceptional professionals for this role.
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
We’re seeking a future team member for the role of Vice President, POM Product Owner to join our Enterprise Custody Services team. This role is located in Manchester, UK.
In this role, you’ll make an impact in the following ways:
- Operating Model Strategy, Design & Governance: Define and implement the target operating model for custody through leveraging AI, including process architecture, service boundaries, control frameworks, and governance structures. Establish clear ownership models, roles, and accountability across operations, technology, and product teams. Standardize global custody processes while incorporating regional regulatory, market, and client nuances. Embed governance routines to ensure adherence to the operating model, including performance management, risk oversight, and continuous improvement mechanisms.
- Process Optimization & Workflow Integration: Design end-to-end custody workflows across trade lifecycle events, asset servicing, cash processing, and reporting. Integrate workflows into strategic platforms (e.g., Staff Workstation and related tooling), ensuring alignment with SLA frameworks and operational priorities. Identify inefficiencies, duplication, and control gaps, and drive process re-engineering initiatives to improve scalability and resilience. Leverage automation and data-driven decisioning to enhance straight-through processing and reduce manual intervention.
- Transformation & Change Delivery: Lead operating model transformation initiatives, coordinating across operations, technology, product, and risk teams. Define transition roadmaps from current state to target state, including milestones, dependencies, and risk mitigation strategies. Ensure alignment with regulatory change, market evolution, and client requirements. Oversee implementation of new processes and tools, ensuring minimal disruption to business-as-usual operations.
- Data, Risk & Control Framework: Define data ownership, lineage, and quality standards within the custody operating model. Embed robust risk and control mechanisms across all processes, ensuring compliance with internal policies and external regulations. Partner with risk, compliance, and audit teams to ensure transparency and auditability of operational processes. Establish metrics and dashboards to monitor operational performance, risk exposure, and service quality.
- Stakeholder Management & Leadership: Act as the central point of coordination across custody operations, product, and technology leadership. Drive alignment on priorities, design decisions, and implementation strategies across global teams. Provide leadership and direction to cross-functional pods and working groups delivering operating model initiatives. Foster a culture of accountability, standardization, and continuous improvement across the custody organization.
To be successful in this role, we’re seeking the following:
- Extensive experience in custody operations, operating model design, or large-scale transformation within financial services.
- Deep understanding of global custody processes, including asset servicing, settlements, cash management, and client reporting.
- Proven track record in designing and implementing target operating models across complex, multi-region organizations.
- Strong knowledge of risk, control, and regulatory frameworks impacting custody services.
- Experience working in Agile or hybrid delivery models, with the ability to drive outcomes across cross-functional pods.
- Excellent stakeholder management and influencing skills, with the ability to align senior leaders across operations, technology, and product.
- Strong analytical and strategic thinking capabilities, with the ability to translate complex operational challenges into scalable solutions.
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, POM Product Management (Manchester)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BNY. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Vice President, POM Product Management (Manchester)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BNY.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BNY's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BNY
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BNY.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BNY will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BNY employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
