Vice President, Client Processing Manager I - Conventional Trust

BNY Mellon; Pittsburgh (Allegheny County); Hybrid; USD 80,000 - 150,000; Full time

Job summary

An established industry player is looking for a Vice President, Client Processing Manager I to lead the Corporate Trust Operations team. This pivotal role involves managing a team responsible for processing Lost Security and account maintenance functions while ensuring compliance with SEC regulations. The ideal candidate will have a strong background in financial services and experience in workflow management. Join a company recognized for its innovative culture and commitment to diversity, where your contributions will directly impact client satisfaction and operational excellence. Embrace a hybrid work environment and enjoy competitive benefits as you help shape the future of financial services.

Benefits

Flexible global resources

Generous paid leaves

Paid volunteer time

Health and wellbeing programs

Qualifications

• 4-5 years of work experience preferred, with management experience a plus.
• Fundamental understanding of Lost Securities and SEC regulations required.

Responsibilities

• Manage staff processing Lost Security and account maintenance functions.
• Act as the point of contact for issues requiring escalation.

Skills

Management Skills

Knowledge of SEC Regulations

Lost Securities Processing

Transactional Workflow Management

Performance Review Preparation

Education

Bachelor's Degree

Tools

Transtar

Job description

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities, and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Vice President, Client Processing Manager I - Conventional Trust to join our Corporate Trust Operations team. This role is located in Pittsburgh, PA, and will work a Hybrid schedule (3 days per week in-office required).

In this role, you’ll make an impact in the following ways:

1. Manage a staff who process Lost Security, Lost Holder/Account Maintenance and Written Correspondence transactional support functions for bondholders/clients.
2. Knowledge of SEC Regulations and management of daily report is critical.
3. Acts as the team’s initial point of contact for issues requiring escalation.
4. Manages the daily transactional workflow within the team(s) and aligns team resources accordingly to complete daily tasks.
5. Prepares performance reviews and provides ongoing feedback to staff.
6. Knowledge of Transtar, workflow system, and collecting data for monthly metrics/KPD’s is helpful.
7. Contributes to the achievement of team objectives.

To be successful in this role, we’re seeking the following:

1. Bachelor’s degree or the equivalent combination of education and experience is required.
2. 4-5 years of total work experience is preferred with at least 0-1 years in management.
3. Fundamental understanding of Lost Securities, SEC Regulation X-17 Rule 240, Lost Holder, Account Maintenance and Check Replacement.
4. Understanding of daily reports and the essential steps to process lost security correspondence including SEC turnaround time.
5. Understand legal documents/requirements sufficient to process requests associated with transactions within the scope of this department.
6. Knowledge of monthly reporting/metrics – KPD’s, Bankwide and audit.

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

• America’s Most Innovative Companies, Fortune, 2024.
• World’s Most Admired Companies, Fortune 2024.
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024.
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024.
• “Most Just Companies”, Just Capital and CNBC, 2024.
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024.
• Bloomberg’s Gender Equality Index (GEI), 2023.

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 is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.