Vice President, Corporate Trust Transaction Manager

Vice President, Corporate Trust Transaction Manager

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We’re seeking a future team member for the role of Vice President, Corporate Trust Transaction Manager to join our Corporate Trust team. This role is located in Houston, TX or Pittsburgh, PA.

The Vice President, Market/Client Risk Management plays a pivotal role within the Corporate Trust division, focusing on identifying, assessing, and mitigating risks associated with 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 a strong 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.
• 5-10 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.