Asset Servicing, Group Manager - Application Development, Alternatives Technology

Overview

Job Title: Asset Servicing, Group Manager – Application Development, Alternatives Technology

Who we are:

BNY Mellon has been a pioneer in the global capital markets for nearly 240 years, providing the world’s leading institutions the tools, capabilities, and services to be distinctive and redefining what it means to be the trusted financial services institution. BNY Mellon is a platform provider through which our clients build their businesses. Our differentiated model allows us to play a critical role as a central orchestrator in the global financial ecosystem.

• In Securities Services, we power and connect our clients to a robust investment ecosystem that supports their business at every stage. A fifth of all global assets flow through our platform, and while we are most known for our more than $40 trillion in assets under custody and administration, we also have more than $40 trillion of assets on our Data & Analytics platform
• In Wealth and Market Infrastructure, we are the backbone of our clients’ capital markets and payments capabilities, playing a core role in collateral management, markets, and treasury services and our Pershing business is the leading wealth technology provider. With $3.6 trillion in average tri-party collateral management balances, $2 trillion of global payments moved daily, and more than $2 trillion in Pershing global client assets, we deliver the critical platforms and services for institutional and corporate ecosystems to operate and thrive
• In Investment and Wealth Management, we are a leading provider delivering expertise from our eight world-class investment firms and providing differentiated capabilities in wealth advice across investments, banking, custody, and wealth and estate planning. With $2.2 trillion in assets under management, we are the 7th largest asset manager globally and 7th largest private bank and trust company.

We bring together these broad solutions and deep expertise to bolster our clients’ success. We are reimagining financial ecosystems and placing data and open platforms at the heart of the transformation. In addition, BNY Mellon is a strategic partner to a variety of financial technology companies globally and a convener of influential industry and market structure forums. Join us as we define the next evolution of financial services and deliver on our mission to power individuals and institutions to succeed across the financial world.

Key Role Responsibilities:

Our Alternatives business within Asset Servicing is responsible for providing custody, fund administration, transfer agency, and other related solutions to more than 500 of the world’s premier alternative investment managers, spanning hedge funds, private equity, private credit, real estate, and other real assets.

We are seeking anApplication DevelopmentGroup Managerto join our world-class Alternatives Technologyteam at our global headquarters in TriBeCa, New York, NY.

As we invest in new digital solutions to support these high-growth and dynamic asset classes, the Application DevelopmentGroup Manager is responsible for strategic deliverables that support development of new point solutions and platforms related to the alternative investment ecosystem. The individual will lead these efforts for Alternatives Technology within our market-leading Asset Servicing business and function as the primary point for coordinating development with key partners, including across BNY Mellon’s broader collection of businesses and solutions.

This is a hybrid role.

If you are looking to collaborate with great people on exciting, innovative products, thrive in building products that users love, have a strong technical understanding, an eye for design and enjoy working in a fast-paced environment, then we want to speak to you!

Responsibilities include:

• Lead a team of engineers and be responsible for all phases of the systems development and implementation process
• Provide analysis, design, development, testing and ongoing support for the application systems in an environment of diverse development platforms, computing environments, software, hardware, technology and tools
• Act as a hands-on engineer across the entire software stack, directly developing and maintaining software solutions
• Analyze organization needs and make recommendations for Application Development
• Interface with clients to ensure systems developed meet specific business requirements
• Oversee application programming and analysis projects which include development, installation, and maintenance of application programs
• Interface regularly with clients and project managers to provide updates and solicit requirements.
• Ensure availability, integrity, and stability of production systems by identifying appropriate resources to manage all systems and having a process in place to respond to problems with expediency
• Set, communicate, and ensure strict adherence to development and quality standards

Experience:

• Bachelor’s degree in computer science or related discipline, or equivalent work experience required; advanced degree preferred
• A minimum of 10+ years hands-on full stack technology (Java and/or .Net), system analyst analysis and design experience
• Experience with N-tiered technology in a robust, heterogeneous environment
• Messaging experience (IBM MQ a plus)
• Experience with data pipeline technologies (Kafka a plus)
• Program development with related supervisory/management experience
• Financial services experience, preferably in securities services, fund and asset administration, alternative investing, fintech or wealth management
• Agile development experience required
• Strong technical and communication skills required

Candidate profile:

• Being entrepreneurial and self-directed – operate as an owner
• Being ambitious and driven to deliver market-changing innovations in an accelerated timeline.
• Being growth oriented yet pragmatic, able to balance a compelling vision with execution.
• Being a creative problem solver with grit – consistently finding ways to overcome limitations.
• Being detail oriented – understanding the nuances that can impact overall outcomes.
• Being a thoughtful communicator who can express complex ideas in simple, practical terms.
• Being goal oriented – with a clear and persistent vision and a tireless drive to over-deliver.

At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:

• Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
• Bloomberg’s Gender Equality Index (GEI)
• Human Rights Campaign Foundation, 100% score Corporate Equality Index
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score
• 100 Best Workplaces for Innovators, Fast Company
• CDP’s Climate Change ‘A List’
  BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $111,000 and $230,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
  This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.