Bring your ideas. Make history. BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
We're seeking a future team member for the role of Senior Associate 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:
The Senior Associate position is part of BNY Mellon's Corporate Treasury division. Successful candidates will partner within Corporate Treasury and with businesses throughout the company to deliver state-of-the-art analytical solutions to support liquidity strategies and framework.
Primary responsibilities include:
Preparation and coordination of liquidity risk related materials for various Board and Management Committees (e.g. ALCOs and Treasury/Business Risk Committees)
Support the review and calibration of Early Warning Indicators (EWIs) and Composite Financial Metrics (CFMs)
Provide support for all liquidity related aspects of the Enterprise-wide Risk Identification process
Supporting interactions with supervisory teams by drafting regulatory responses, supplying requested data, and explaining rationale behind any analytical assumptions
Leading and coordinate projects with multi-disciplinary teams across Corporate Treasury, Risk, and Finance, and the businesses; manage timelines for project deliverables and communicate status updates to stakeholders and senior management
Assisting in the implementation, creation, and communication of new documentation and reporting control standards across the organization
Liaise with Second and Third Line of Defense to address any open challenges and findings
Support on wider Treasury initiatives, regulatory presentations, training sessions and ad-hoc deliverables (e.g. Contingency Funding Plans, Liquidity Positioning, Analyzing Intracompany Exposures, Frictions, Liquidity Buffers, and HQLA Monetization)
To be successful in this role, we're seeking the following:
Bachelor's degree preferably in economics, business analytics, information systems, or finance
At least two years of prior banking or other relevant experience
An advanced user of Microsoft Office (i.e. Excel, PowerPoint, Word)
Strong quantitative skills; ability to synthesize large amounts of data and formulate insightful conclusions
Strong written and verbal communications skills; ability to communicate technical subject matter clearly to individuals from various backgrounds
The ability to work under pressure and to succeed in an unstructured and changing environment
Preferred skills include the following:
Experience with or an openness to learn Python and/or SQL coding languages
Experience with or an openness to learn Tableau and/or PowerBI data visualization software
Strong background in finance/banking, and solid understanding of bank liquidity regulations including the Liquidity Coverage Ratio, Net Stable Funding Ratio
Process and project management skills are an asset
At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg's Gender Equality Index (GEI)
Best Places to Work for Disability Inclusion , Disability: IN - 100% score
100 Best Workplaces for Innovators, Fast Company
Human Rights Campaign Foundation, 100% score Corporate Equality Index
CDP's Climate Change 'A List'
BNY Mellon 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $76,000 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 BNYM 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 salary (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.
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.
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.
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.