Vice President, Treasury and ALM I - BNY Mellon

Overview

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 Liquidity Risk Vice President to join our Corporate Treasury team. This role is located in New York, NY (Hybrid).

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

• Prepare and coordinate liquidity risk-related materials for various Board and Management Committees (e.g., ALCOs and Treasury/Business Risk Committees).
• Continue to enhance the Early Warning Indicators (EWIs) framework to assist Corporate Treasury in identifying early warning signs of liquidity stress. This includes annual reviews, development, rationalization, calibration, and backtesting of these metrics.
• Provide support for all liquidity-related aspects of the firmwide Liquidity Risk Identification process. This involves understanding the assumptions and methodologies behind each quantification, conducting quarterly reviews of financial assessments, liaising between business and risk stakeholders, and coordinating review and challenge sessions with Risk stakeholders.
• Lead monthly Liquidity Business Reviews with various BNY Lines of Business (LOBs) to fully understand individual business activities, growth strategies and their impacts from a liquidity risk perspective.
• Support interactions with supervisory teams by drafting regulatory responses, supplying requested data, and explaining the rationale behind any analytical assumptions.
• Coordinate and maintain liquidity policies and various liquidity risk frameworks, as these documents guide the overall liquidity risk management framework for Corporate Treasury.
• Liaise with the Second and Third Lines of Defense to address any open challenges and findings.
• Lead and support ad hoc projects with multidisciplinary teams across Corporate Treasury, Risk, Finance, and the businesses to provide support on wider Treasury initiatives, including but not limited to:
  • Liquidity Reporting Automation.
  • Regulatory Presentations
  • Contingency Funding and Resolution Plans
  • Analyzing the firm’s Liquidity Positioning, Intracompany Exposures, and Liquidity Buffer
  • Social Media Monitoring

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

• Work under minimal supervision, providing expertise in policy writing, liquidity assessments, analytical research, data gathering, calculations, modeling, and forecasting related to controlling the risks associated with assets, liabilities, and liquidity funding.
• Ability to work under pressure and succeed in an unstructured and changing environment.
• Adept at interpersonal interactions; ready to work with and communicate with multiple partners to bring tasks to completion.
• Strong background in finance/banking, with a solid understanding of bank liquidity regulations, including the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR).

Preferred skills include the following:

• Bachelor’s degree or the equivalent combination of education and experience is required, ideally in economics, business analytics, information systems, finance, or business administration (MBA, CFA, or CPA a plus; 5-7 years of total work experience preferred).
• Experience with or a willingness to learn Python, SQL, and Alteryx.
• Advanced user of Microsoft Office (i.e., Excel, PowerPoint, Word).
• Experience with or a willingness to learn PowerBI data visualization software a plus.
• Familiarity with AI prompting (e.g., tools such as Copilot, ChatGPT, or other AI tools) is a plus.

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.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $90,000  and $125,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and company- sponsored benefit programs. 

 

This position is at-will and the Company reserves the right to modify base (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance and market factors.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

EEO Statement:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.