BDS Team Manager

BDS Team Manager - Svc Del (Job Number: 1308548)

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. Additional information is available at www.bnymellon.com.

BNY Mellon Asset Servicing is dedicated to dynamically supporting our clients' investments and safeguarding their assets, keeping them working around the clock and across the world. It's part of our commitment to being a true partner for our clients' investment success. We specialize in operational solutions and capabilities for today's market-enhancing the management and administration of investments with services that process, monitor and measure investment data from around the world. By leveraging BNY Mellon's global footprint and deep expertise, we deliver insight-driven solutions for every phase of investing.

Description

Generally manage a team of between 5 and 10 staff members who provide complex service delivery for a set of sensitive and diversified BDS clients (Prime brokers, Agent lenders, hedge funds, Asset Managers, SPVs etc) and products such as securities clearing, tri-party collateral and derivatives management, prime custody, market data and contract management services etc. Provide leadership while managing and overseeing a daily operation for assigned area/functions in order to ensure that all daily requirements in servicing the client base are completed properly and timely. Serves as an escalation point for both internal and external stakeholders and ensures the attainment of all service requirements in accordance with agreed upon service standards, and BDS policies and procedures. Participates in delivering presentations on the BDS products, services, and strategic solutions and may engage in negotiations with clients and prospects as appropriate. Acts as a senior client advocate and coordinator for complex issues with all functional departments and related BNYM entities while also balancing the interests and requirements of the firm. Often identifies, implements, improves on the risk and control management framework within a high-risk operational environment. Has a stong understanding of credit risk scenarios linked to BDS products and interacts and explains complex scenarios with senior risk and credit personnel. Manages staff in scenarios of client default in a high stress environment. Ensures compliance with internal policy and external regulation, often across multiple countries. May assist in determining feasibility of new business and services regarding cost effectiveness and profitability. Participates in creating efficiencies, and streamlining workflows. May contribute to strategic planning and goal setting. Manages staff to ensure performance management, professional development, leadership, training, building staff talent, and employee engagement. Serves as a role model for the company's values.

Qualifications

Bachelor's Degree. Master's Degree preferred. 7 to 10+ years of relevant experience in securities servicing including 4+ years in BDS or related company businesses and assigned functional area. 10+years of relevant experience in securities servicing including 7+ years in servicing one or more products within BDS and in assigned functional area preferred. Strong client, organisational, analytical and execution skills. Good communication, presentation, administrative, and computing skills. Strong management and leadership skills.

Primary Location: United States-USA-NY-New York
Internal Jobcode: 51429
Job: Asset Servicing
Organization: US Financial Institutions-HR09086

July 13, 2013 • Tags:  • Posted in: Financial

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