Full-Time

Vice President

Payroll Tax Manager II, Human Resources

Posted on 8/9/2025

The Bank of New York Mellon

The Bank of New York Mellon

10,001+ employees

Global financial services with asset management

No salary listed

Pittsburgh, PA, USA

In Person

Category
Accounting (2)
,
Requirements
  • Bachelor’s degree or the equivalent combination of education and experience is required.
  • Background in Payroll Administration and/or Accounting is required.
Responsibilities
  • Lead a team of professional Payroll Tax staff within a single country.
  • Lead the work of professional staff in ensuring taxes are properly withheld in accordance with country laws and regulations, control and cash management issues are addressed, and balance sheet accounting activities, including reconciling benefits, equity and tax payroll fees with payments out to tax and regulatory agencies, are completed.
  • Responsible for the implementation and administration of payroll tax policies and procedures in compliance with the organizational and relevant country laws, policies and regulations.
  • Serve as a subject matter expert on the assigned country's payroll tax laws and advises other operating groups (e.g., Income, Corporate Actions, Security Master), Corporate Tax, Payroll Tax and internal/external client business administration managers and country managers on compliance.
  • Responsible for fully understanding tax documentation, withholding and reporting processes for the assigned country.
  • Direct the team's payroll tax reporting activities and escalates identified issues or inefficiencies to more senior managers. Identifies potential areas of exposure and oversees the implementation of new controls and procedures to improve efficiency and reduce risk.
  • Contributes to the development and implementation of country policies and new procedures that align with the organization and organizational objectives.
  • Makes recommendations and tests system enhancements and new products.
  • Develops tactical solutions that address changes in payroll tax laws and regulations and guides the country team in adapting to these changes.
  • Addresses payroll tax issues escalated by professional staff. Initiates the development of reports for presentation to country management on identified issues, errors and inefficiencies.
  • Guides the team's development of proposals on payroll tax compliance improvements, potential new tax regulations to be evaluated and existing tax regulations to be assessed.
  • Leads the country team in implementing changes if approved.
  • Coordinates the work of professional staff in withholding taxes in accordance with country laws and regulations. Directs professional staff's analyses of payroll tax data over time.
  • May manage special projects as directed by senior management.
  • Directs, motivates and develops staff, maximizing their individual contributions, their professional growth and their ability to function effectively as a team.
Desired Qualifications
  • CPP or equivalent designation is preferred.
  • Oracle HCM experience is preferred.
  • ADP Smart Compliance experience is a plus.
The Bank of New York Mellon

The Bank of New York Mellon

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BNY Mellon combines traditional asset management, custody, and investment services with digital capabilities. It is building a multi-asset digital platform that links cryptocurrencies and tokenized securities with conventional financial systems, serving individuals, corporations, and institutional clients. Pershing X expands digital capabilities to improve client experiences; the firm earns fees, commissions, and interest income. By integrating ESG factors and partnering with Citi and Verizon, it aims to connect digital innovation with secure, scalable financial services.

Company Size

10,001+

Company Stage

IPO

Headquarters

Town of East Hampton, New York

Founded

1784

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 revenue surged 13% to $5.41B with 42% EPS growth to $2.24.
  • Over 200 AI solutions deployed boost productivity on $4B tech budget.
  • Digital custody expands to UAE and Singapore Gulf Bank for crypto clients.

What critics are saying

  • Deposit normalization compresses net interest income 15-25% within 12-24 months.
  • CET1 ratio at 11% limits buybacks as risk-weighted assets rise.
  • AI ROI delays strand $400M-$800M annually, compressing margins 200-400bps.

What makes The Bank of New York Mellon unique

  • BNY Mellon launched industry's first multi-asset digital custody platform in 2022.
  • BNY integrates bitcoin, ether custody with $59T traditional assets as G-SIB.
  • BNY partners Goldman Sachs for tokenized MMF ownership on blockchain since 2025.

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Benefits

Health Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

Flexible Work Hours

Remote Work Options

Company News

The Star
May 7th, 2026
BNY Mellon boosts Strategy stake to 1M shares worth $187M

The Bank of New York Mellon has acquired an additional 101,810 shares of Strategy for approximately $18.7 million, bringing its total holdings to one million shares valued at around $187.2 million at current market prices. The institution, which manages approximately $2.1 trillion in assets, joins a growing number of large organisations establishing significant positions in Strategy as a means of gaining Bitcoin exposure.

Yahoo Finance
Apr 14th, 2026
Bank of New York Mellon Q1 earnings forecast at $1.93 per share, up 22% year-on-year

The Bank of New York Mellon is expected to report quarterly earnings of $1.93 per share, up 22.2% year-over-year, with revenues forecast at $5.15 billion, a 7.5% increase. The consensus EPS estimate has been revised down 0.5% over the past 30 days. Analysts project total interest-earning assets at $390.81 billion, compared to $354.69 billion last year. Book value per share is expected to reach $58.50, up from $52.82 previously. The Tier 1 capital ratio is forecast at 15.4%, versus 14.7% a year ago. Net interest revenue is projected at $1.32 billion, compared to $1.16 billion in the prior-year quarter. Nonperforming assets are expected to decline to $191.31 million from $213 million last year.

Yahoo Finance
Apr 7th, 2026
BNY Mellon partners with Singapore Gulf Bank to power 24/7 USD clearing for crypto clients

Bank of New York Mellon has partnered with Singapore Gulf Bank, adding the firm to its correspondent banking network and providing access to its Fixed Income Brokerage platform. The deal enables SGB's crypto-native clients to access 24/7 US dollar clearing, money market funds and Treasury bills, bridging digital assets with traditional fixed income. The partnership highlights BNY's growing role in tokenised finance infrastructure, following the bank's recent Digital Asset Summit appearance where its CEO outlined positioning around tokenisation and digital custody. However, analysts view the development as incremental rather than a major near-term catalyst. BNY's narrative projects $23.2 billion revenue and $6.4 billion earnings by 2029, requiring 5% annual revenue growth. Fair value estimates range from $118.67 to $133.83 per share.

Yahoo Finance
Apr 6th, 2026
Strategy buys $330M in bitcoin despite $14.5B unrealized Q1 loss

Strategy has purchased approximately $330 million worth of Bitcoin between 1 April and 5 April, the company disclosed, even as it reported a $14.5 billion unrealised loss in the first quarter due to Bitcoin's price decline. Bank of New York Mellon has been designated by the US Department of the Treasury as a financial agent for the Trump Accounts programme for newborns. BNY Mellon has partnered with Robinhood, which will serve as brokerage and initial trustee for the accounts. US stocks climbed on Monday as oil prices dropped amid cautious optimism for de-escalation in Middle East hostilities. Iran and the US have reportedly received a Pakistan-prepared plan for ending attacks, according to Reuters.

Yahoo Finance
Apr 6th, 2026
Treasury taps Robinhood and BNY Mellon to launch Trump Accounts app for youth investing

The US Department of the Treasury has named BNY Mellon as the official financial agent for its Trump Accounts programme, with Robinhood joining as a key partner. BNY Mellon will manage initial accounts and help develop a dedicated mobile application for families to access funds. Robinhood will provide brokerage services and act as initial trustee for the accounts. The secure, white-label platform will remain under full government control whilst emphasising usability and security for first-time users. The initiative aims to expand access to structured savings and investment accounts for younger Americans as part of broader financial inclusion efforts. The Treasury will maintain strict oversight, including performance standards and regulatory compliance. Details on eligibility and funding mechanisms are still emerging.

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