At a Glance
- Tasks: Lead the design and implementation of innovative custody operating models using AI.
- Company: Join BNY, a leader in financial services with a commitment to excellence.
- Benefits: Enjoy competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Be part of a diverse team fostering accountability and continuous improvement.
- Why this job: Make a significant impact on global custody processes and drive transformation.
- Qualifications: Extensive experience in custody operations and strong stakeholder management skills.
We’re seeking a Vice President, POM Product Owner to join our Enterprise Custody Services team in Manchester, UK.
Responsibilities
- 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.
Qualifications
- 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.
Benefits
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.
Vice President, POM Product Management in Manchester employer: Convergex
At BNY, we pride ourselves on being an exceptional employer, offering a dynamic work environment in Manchester that fosters innovation and collaboration. Our commitment to employee growth is evident through our comprehensive benefits package, including competitive compensation, generous paid leave, and resources for personal and professional development. Join us to be part of a culture that values excellence, accountability, and continuous improvement, while making a meaningful impact in the financial services industry.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, POM Product Management in Manchester
✨Tip Number 1
Network like a pro! Reach out to connections in the industry, attend relevant events, and engage on platforms like LinkedIn. We can’t stress enough how personal connections can open doors that applications alone can’t.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your experience. We want you to walk in feeling confident and ready to showcase how you can drive transformation in their custody operations.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in custody operations and how it relates to the role. We suggest rehearsing with a friend or in front of a mirror to nail down your delivery and make a lasting impression.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can set you apart from other candidates. We believe this shows your enthusiasm for the role and keeps you fresh in their minds.
We think you need these skills to ace Vice President, POM Product Management in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Vice President, POM Product Management. Highlight your experience in custody operations and transformation initiatives, and don’t forget to sprinkle in some keywords from the job description to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re the perfect fit for this role. Share specific examples of how you've designed operating models or led transformation projects in the past. We love a good story!
Showcase Your Leadership Skills:As a VP, we want to see your leadership style! In your application, mention how you've driven alignment across teams and fostered a culture of accountability. We’re looking for someone who can inspire and lead cross-functional pods.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Convergex
✨Know Your Operating Model
Before the interview, dive deep into the specifics of operating model design and governance. Familiarise yourself with how AI can enhance custody processes and be ready to discuss your experience in defining ownership models and accountability across teams.
✨Showcase Process Optimisation Skills
Prepare examples of how you've previously identified inefficiencies and implemented process re-engineering initiatives. Be ready to discuss specific workflows you've designed and how you integrated them into strategic platforms, highlighting any automation or data-driven decision-making you've employed.
✨Demonstrate Transformation Leadership
Think about past transformation initiatives you've led. Be prepared to outline your approach to defining transition roadmaps and managing change while ensuring minimal disruption. Highlight your ability to align teams and drive outcomes in complex environments.
✨Engage in Stakeholder Management
Stakeholder management is key for this role. Prepare to discuss how you've successfully aligned priorities and design decisions across various teams. Share examples of how you've fostered a culture of accountability and continuous improvement within your previous organisations.
