Job Description
Senior Accounting Policy advisor supporting Global Controller and Treasury Chief Investment Officer. Provide technical accounting expertise for Treasury Interest Rate and Foreign Exchange hedging programs and broad range of complex global markets transactions (structured products, derivatives, equity investments, consolidation). This role is located in New York, NY, with required minimum 4 days a week in the office.
In this role, you'll make an impact in the following ways:
• Accounting Policy Expert providing advisory services supporting Global Controller and Treasury Chief Investment Office (CIO)
o On call SME on proposed new interest rate and foreign exchange hedge transactions
o BNY representative in presentations with Regulators and External Auditors for Global Hedge Programs
o Provide accounting advisory services on new products and complex transactions (structured products, derivatives, equity investments, consolidation).
o Monitor changes in US GAAP and participate in Industry trade groups in development of FASB responses to proposed rule changes
• Manage Global Controller Team responsible for securities portfolio accounting and hedging
o Controllership oversight of global hedge programs effectiveness documentation and monitoring
o Controllership activities related to investment portfolio accounting activities
o Provide valuation oversight of Investment Portfolio Independent Price Verification Procedure (IPV)
o Finance leader for Treasury-related technology systems development for new products
o Oversight of end-to-end investment portfolio and hedge accounting and reporting processes (SEC, Regulatory)
To be successful in this role, we're seeking the following:
• Experienced CPA professional 15-20 yrs
• Experienced Accounting Policy expert with broad knowledge of global financial product and transactions (derivatives and hedging, securities financing transactions, consolidations)
• Strong verbal communication skills necessary to provide on-call accounting policy advisory services
• Strong Financial controller with proven leadership and influencing skills.
• Technology mindset, willing to embrace new technologies and lead team skill development
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 assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
