Job DescriptionWe're seeking a future team member for the role of Vice President, Corporate Trust Transaction Manager to join our Corporate Trust team. Primary location Pittsburgh, PA, alternative location; New York City, NY or Houston, TX.
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, Trustee/Paying Agent agreements, etc) 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:
- Strong educational background
- Experience of Corporate Trust and/or transaction management in Asset backed securities & Mortgage-backed securities.
- Ability to work under tight and demanding deadlines and effectively manage internal and external relationship difficulties in a time sensitive, pressured environment.
- Able to investigate and propose (a) innovative legal solutions that are often complex to ensure that enterprise documentation standards are upheld; and (b) commercial solutions to business
- Strong inquisitive and lateral thinking skills
- Excellent team player
- Ability to work well without supervision
- Resourceful
- Excellent oral and written communication skills necessary to persuade, negotiate and influence others, often at higher levels.
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.
