Job DescriptionWe're seeking a future team member for the role of Specialist II, Corporate Trust Transaction Management to join our Global Corporate Trust team. This role is located in New York, NY; Pittsburgh, PA; Houston, TX.
In this role, you'll make an impact in the following ways:
- Facilitate client onboarding activities and associated responsibilities.
- Ensure transactions are established correctly and mitigate risk through thorough document review whilst meeting client objectives.
- Monitor and ensure compliance with applicable regulations, internal policies, and client requirements during the onboarding process.
- Identify opportunities to improve process documentation accuracy to enhance service delivery.
- Accurately enter and maintain deal information in internal systems and databases, ensuring data integrity and compliance with internal data governance standards.
- Identify, escalate, and help mitigate potential risks associated with the onboarding process.
- Coordinate moderately complex information/tasks with team members or internal and external parties while reviewing transaction terms.
- Escalate potential issues to senior team members, as appropriate.
- Ensure BNY remains compliant with applicable regulations and policies and procedures.
- Identify and apply AI-enabled tools, where appropriate, to improve the efficiency, accuracy, and timely completion of assigned tasks while maintaining compliance with applicable policies and procedures.
To be successful in this role, we're seeking the following:
- Bachelor's degree or above, preferably in finance or a related area, or the equivalent combination of education and experience is required.
- 1-3 years of total work experience preferred.
- Experience in deal onboarding or corporate trust operations.
- Knowledge of regulatory frameworks affecting investment banking and trust operations.
- Proven ability to take initiative, work independently, and manage assigned responsibilities in a timely and effective manner.
- Demonstrated strong attention to detail and accuracy in reviewing documentation, processing transactions, and maintaining records.
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.
