Senior Specialist, Corporate Trust Transactions

BNY Mellon

$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, Business Administration, or related field; advanced degree preferred.
  • 3-5 years of experience in the financial industry with preference for Corporate Trust and contract negotiation experience.
  • Excellent communication skills for effective collaboration with diverse teams.

Responsibilities

  • Negotiate contract terms with clients and legal teams to mitigate risks in bond issuances.
  • Coordinate onboarding activities to ensure compliance with contract requirements.
  • Deliver high-quality service, anticipating client needs and optimizing technology use.
  • Collaborate with cross-functional teams to enhance operational efficiency.
  • Foster a culture of risk awareness by escalating exposures and providing recommendations.
  • Stay informed on industry trends and regulatory changes for compliance.

Benefits

  • Competitive compensation and benefits package.
  • Flexible global resources to support work-life balance.
  • Focus on health and personal resilience programs.
  • Generous paid leaves, including paid volunteer time.
Full Job Description
Senior Specialist, Corporate Trust Transactions

We're seeking a future team member for the role of Senior Specialist to join our Corporate Trust team. This role is in Houston, TX.

The Senior Specialist plays a pivotal role within the Corporate Trust vision, focusing on identifying, assessing, and mitigating risks associated with less complex contract negotiations related to bond issuances. This position supports BNY's strategic pillars by ensuring a robust risk management framework that aligns with the organization's principles of integrity and client focus. The role requires an understanding of market dynamics and client interactions to effectively manage and minimize potential risks.

In this role, you'll make an impact in the following ways:
  • Negotiate contract terms with clients and their legal team, by partnering with BNY counsel and internal parties, to identify and mitigate potential contractual, operational, and regulatory risks to ensure contracts (such as Bond Indentures, Paying Agent/Escrow agreements) meet BNY's risk appetite.
  • Coordinate with internal and external parties to ensure accurate and timely facilitation of onboarding activities on the Bank's systems to comply with contract requirements.
  • Focus on the client experience by delivering high-quality service, anticipating client needs, and utilizing available technology to optimize results.
  • Proactively collaborate with cross-functional teams to drive improvements and improve efficiency.
  • Foster a culture of risk awareness. Escalate risk exposures promptly while providing insights and recommendations to support informed decision-making.
  • Stay abreast of industry trends and regulatory changes to ensure compliance and maintain a competitive advantage.

To be successful in this role, we're seeking the following:
  • Bachelor's degree in finance, Business Administration, or a related field, or the equivalent combination of education and experience. Advanced degree preferred.
  • 3-5 years of experience in the financial industry. Corporate Trust and contract negotiation experience a plus.
  • Excellent communication and collaboration skills to work effectively with diverse teams.


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.

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