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BNY

Safeguards and moves assets for investors

Vice President Product Designer - Product Design

Full-Time
$69k - $209k/yr
Senior, Expert
New York, NY, USA
In Person
Product & Experience DesignProduct Design

About the job

Requirements
  • Strong product design fundamentals: research synthesis, interaction design, systems thinking, visual craft
  • Experience designing complex systems: enterprise software, multi-step workflows, data-heavy interfaces
  • Demonstrated comfort working in ambiguous, fast-moving environments where the problem isn't handed to you pre-formed
  • The ability to communicate design rationale to mixed audiences (product, engineering, business) and hold your perspective under pressure
  • A portfolio is required. The portfolio should demonstrate how you actually create products: working alongside product managers and engineers in real time, from research to something shippable, in a way that reflects how modern product teams operate. Show a process, a repo, a prototype you built directly, a decision you influenced in the room. If you've worked in a shared codebase or repo with cross-functional partners, bring that to life. If you've used AI tools to get from insight to working experience faster, bring that to life. Beyond that, show evidence of complex systems thinking, end-to-end journey work, design decisions that improved the experience and why. Figma files, PDFs, personal sites, live products: format doesn't matter.
Responsibilities
  • Make complexity clear. Take systems that are genuinely hard: multi-step workflows, cross-platform journeys, enterprise-scale data. Design experiences that make sense to the people who depend on them. Understand the problem at depth before touching anything.
  • Drive concept development from day one. Bring ideas from research and outcomes to prototyped form fast. Demonstrate possibilities rather than describing them. Use AI-assisted tools to close the distance between design intent and working experience.
  • Own the design of end-to-end experiences. Map journeys across users, teams, and systems. Identify where things break, where friction accumulates, and what needs to be rebuilt versus refined. Operate across the full scope of a platform experience, not just the screens in front of you.
  • Contribute to a design system built for how design works now. Our design system is structured as machine-readable infrastructure, not just a component library. Tokens carry semantic meaning. Patterns encode reasoning about when and why they apply. AI agents consume it directly alongside human developers. Contributing here means adding to the grammar, not just the vocabulary, and understanding why that distinction matters.
  • Communicate design as a point of view, not a deliverable. Articulate the rationale behind decisions. Help product managers and engineers understand the tradeoffs. Make design legible to people who don't speak design, without dumbing it down.
  • Mentor through example. Raise the standard of work around you through critique, collaboration, and how you approach problems. Not through title.
Desired Qualifications
  • You already work with AI-assisted tools, not just for ideation, but for building and prototyping
  • You've worked in shared codebases or repos with cross-functional teams, or you're actively moving in that direction
  • You can describe a moment when AI changed how you approached a design problem, not made it faster, but made it different
  • You've contributed to a design system at the pattern or systems level, not just component execution
  • You work at the intersection of design and technical implementation, close to the material, not downstream from it
  • You've felt the industry shift happening and leaned toward it
  • Your process produces things, not documents
  • You have a deep excitement for and understanding of the opportunity that AI creates for design, even if you haven't fully arrived there yet, you're moving fast

About the company

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1784

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Simplify's Take

What believers are saying

  • BNY's growth funds expansion: July 2026 results showed quarterly revenue rising 13% to $5.7 billion.
  • BNY is opening payment channels: September 2026 Pay-to-Wallet connected banks to retail wallets, with Kookmin among initial users.
  • Analysts build transferable skills: BNY's 24-month program combines rotations, mentoring and AI learning pathways.

What critics are saying

  • Staff stability has weakened: February 2026 reporting shows BNY headcount fell 7% in 2025.
  • Investment demand weakened: BNY reported $17 billion of net outflows in the quarter ending March 2026.
  • Investment fees face pressure: BNY reports demand shifting toward lower-fee asset-management products and performance-based charges.

What makes BNY unique

  • BNY anchors institutional finance: its custody and administration footprint reached $62.6 trillion in June 2026.
  • BNY occupies critical government-market plumbing: it is the primary provider of U.S. government securities clearance.
  • BNY reaches brokerage customers through Pershing: its clearing platform supports 8.6 million global client accounts.

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Benefits

  • Health Insurance
  • Paid Vacation
  • Flexible Work Hours
  • Remote Work Options
  • Unlimited Paid Time Off

Company News

Roundup Web
Oct 19th, 2026
BNY prices $1.25B preferred stock offering with 7.125% initial dividend rate

The Bank of New York Mellon Corporation (BNY) has priced a public offering of 1,250,000 depositary shares at $1,000 each, raising $1.25 billion. Each share represents a 1/100th interest in its Series O Noncumulative Perpetual Preferred Stock. Dividends will accrue at 7.125% a year until December 20, 2031. After that, the rate will reset to the five-year treasury rate plus 2.192%. BNY may redeem the stock from December 20, 2031, at $1,000 per depositary share plus any declared and unpaid dividends. It plans to use the proceeds for general corporate purposes. Barclays, BofA Securities, Deutsche Bank Securities, Goldman Sachs, Morgan Stanley and BNY Mellon Capital Markets are joint book-running managers. The offering is expected to close on October 28, 2026.

Yahoo Finance
Oct 15th, 2026
BNY embeds AI everywhere but won't say how much it spends of its $4B tech budget

BNY, which says it is embedding artificial intelligence (AI) across its business, declined to say how much it spends on the technology. Chief executive officer Robin Vince told analysts on its third-quarter earnings call that the bank is not breaking out the figure, and that doing so could be "counterproductive." Vince said AI is generating returns. About $4 billion of BNY's $13 billion annual expense base goes to technology. The bank now has "400-plus" AI solutions in production, up from 117 a year ago. BNY reported revenue of $5.7 billion, up 12%, and net income of $1.7 billion, up 16%. Earnings per share were $2.34, against a consensus estimate of $2.27. It raised its 2026 revenue growth outlook to 12%-13%.

Yahoo Finance
Oct 15th, 2026
BNY beats Q3 estimates with $5.68B revenue, up 12%, but shares slip 1.6% pre-market

BNY beat third-quarter estimates, though its shares slipped 1.58% in pre-market trading on Thursday. The Bank of New York Mellon Corporation reported adjusted earnings per share of $2.37, against the analyst consensus of $2.26. Revenue rose 12% to $5.68 billion from $5.08 billion a year earlier, beating estimates of $5.55 billion. Fee revenue rose 12% to $4.08 billion, and net interest income climbed 15% to $1.42 billion. Noninterest expense increased 8% to $3.49 billion. Pre-tax margin was 39%. Assets under custody and administration rose 10% to $63.4 trillion. Assets under management grew 2% to $2.2 trillion. BNY returned $1.4 billion to shareholders through $436 million in dividends and $937 million in share repurchases.

Yahoo Finance
Oct 14th, 2026
BNY Q3 earnings preview: 9.6% revenue growth expected after $5.70B beat

BNY will report third-quarter earnings on Thursday before market open. Analysts expect revenue to grow 9.6% year on year, compared with a 9.1% rise in the same quarter last year. Last quarter, the company beat revenue expectations with $5.70 billion, up 13.3% year on year. It also beat analysts' earnings per share estimates, and has a history of topping Wall Street forecasts. Among peers, Goldman Sachs reported 23% revenue growth, beating estimates by 11.5%. Jefferies posted 8.5% growth, topping estimates by 1.1%, and its shares fell 1.3%. BNY shares are down 10.7% over the last month, against a 5.5% average fall for capital markets stocks. The average analyst price target is $163.47, versus a share price of $140.78.

Digital Asset
Oct 4th, 2026
Digital Asset Announces Strategic Investments from BNY, iCapital, Nasdaq, and S&P Global

Digital Asset, the creator of the Canton Network and a leader in privacy-enabled blockchain technology for global financial markets, today announced a new strategic investment from BNY, iCapital, Nasdaq, and S&P Global