B

BNY

Safeguards and moves assets for investors

Technology Business Management Vice President - Multiple Teams

Full-Time
No salary listed
Expert
Bachelor's
Pune, Maharashtra, India
In Person
Business & Strategy

About the job

Requirements
  • Strong analytical and problem-solving skills, with the ability to interpret large and complex datasets and convert findings into meaningful business insights.
  • Experience working with financial management processes, including budgeting, forecasting, cost allocations, variance analysis, and management reporting.
  • Understanding of Technology Business Management principles, cost transparency concepts, and total cost of ownership methodologies.
  • Ability to work effectively with multiple levels of management and staff across Finance, Technology, and business functions.
  • Experience gathering business requirements and translating them into models, reporting solutions, and process improvements.
  • Strong organizational skills and the ability to manage multiple priorities in a deadline-driven environment.
  • Ability to work independently with minimal supervision while maintaining a high level of accuracy and control discipline.
  • Effective written and verbal communication skills, including the ability to explain complex financial and technical concepts to a broad stakeholder audience.
  • Collaborative mindset with the ability to build strong partnerships across both direct and virtual teams.
  • Strong understanding of data manipulation, validation, and reporting using tools such as Microsoft Excel, Access, and business intelligence platforms.
  • Experience working with large financial and operational datasets from multiple source systems.
  • Knowledge of financial and technology data structures supporting allocation, planning, and reporting processes.
  • Understanding of IT infrastructure and technology domains, including data centers, networks, servers, storage, virtual environments, and application development, sufficient to support Technology Business Management and cost allocation analysis.
  • Experience with Agile delivery practices and tools such as JIRA and TargetProcess or other portfolio/project management platforms.
  • Bachelor’s degree in Finance, Accounting, Computer Science, Information Systems, or a related discipline, or equivalent work experience required.
  • Over 9+ years of relevant experience in Technology Business Management, technology finance, financial planning and analysis, cost allocation, management reporting, or a related field required.
Responsibilities
  • Translate executive, business, and finance objectives into technical and functional requirements, with clear deliverables that support allocation, reporting, and cost transparency outcomes.
  • Support the Finance Allocation team by delivering cost transparency, allocation analytics, and financial reporting that enable informed decision-making across Finance, Technology, and business stakeholders.
  • Gather, analyze, and document business and functional requirements, and convert them into operational and financial models, dashboards, and management reporting.
  • Support the design, execution, and enhancement of financial allocation methodologies across technology and business cost pools, including showback and chargeback processes where applicable.
  • Partner with Finance, Technology, and business stakeholders to support Technology Business Management, total cost of ownership, cost transparency, and financial performance initiatives.
  • Import, transform, validate, and rationalize data from systems of record, including General Ledger, Fixed Assets, ServiceNow, TargetProcess, application repositories, asset management platforms, and other relevant internal data sources.
  • Operationalize monthly financial and allocation data processes by loading, validating, reconciling, and reviewing data on a timely basis.
  • Perform reconciliations across source systems, allocation models, and reporting outputs to ensure completeness, accuracy, and consistency.
  • Analyze variances across actuals, budget, and forecast, and provide insights into cost drivers, allocation impacts, and financial trends.
  • Maintain clear, audit-ready documentation for allocation rules, assumptions, data transformations, controls, and process steps.
  • Support budgeting, forecasting, month-end close, and management reporting activities related to Finance Allocation and Technology Business Management processes.
  • Identify data quality, process, and control issues, and recommend practical remediation and process improvement opportunities.
  • Provide regular status updates, proactively identify risks and issues, and develop recommended mitigation approaches for management.
  • Collaborate across distributed and cross-functional teams, building working relationships with stakeholders at multiple levels of the organization.
  • Execute projects independently with minimal oversight, demonstrating accountability, sound judgment, and initiative.
  • Contribute to ongoing automation, standardization, and enhancement of reporting, allocation, and financial transparency capabilities.
Desired Qualifications
  • Proficiency in Apptio Cost Transparency, version R11 or higher.
  • Experience with business intelligence and analytical tools such as Power BI, Tableau, SQL, or similar tools.
  • Experience in the securities or financial services industry.
  • Technology Business Management and/or ITIL experience.
  • Demonstrated experience supporting controlled financial processes, reconciliations, and reporting in a complex organizational environment.

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

Get referred to BNY

See people who can refer or advise you

Simplify Jobs

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.

Help us improve and share your feedback! Did you find this helpful?

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