B

BNY

Global custodian, asset servicing, wealth management

Vice President

Full-Time
No salary listed
Expert
Greater Manchester, UK
In Person

About the job

Requirements
  • Significant experience in operations, governance, controls, vendor management, or a related operational risk or governance environment.
  • Strong understanding of control frameworks, evidence management, documentation standards, and audit readiness.
  • Experience managing or supporting third-party vendor relationships within a regulated or operationally sensitive environment.
  • Proven ability to coordinate across multiple stakeholders and manage competing priorities effectively.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent written and verbal communication skills, including the ability to prepare clear reporting and governance materials.
  • Strong attention to detail and ability to maintain high standards of accuracy and control discipline.
  • Proficiency in management reporting, key performance indicator production, and governance tracking.
Responsibilities
  • Support the day-to-day relationship with payroll vendors and external partners across Global Payroll activities.
  • Track and coordinate open issues, service concerns, change requests, and interface-related matters to support timely resolution.
  • Monitor follow-up actions and escalate risks or delays that could impact payroll delivery, service quality, or governance standards.
  • Help maintain structured governance routines with vendors, including action tracking, meeting support, and documentation of outcomes.
  • Partner with internal and external stakeholders to promote accountability, continuity, and service discipline across payroll operations.
  • Support the execution and ongoing enhancement of the payroll control environment.
  • Maintain control documentation, process evidence, and supporting materials required for a strong and auditable framework.
  • Contribute to monthly control attestation activities, ensuring updates are accurate, timely, and appropriately evidenced.
  • Assist with the upkeep of control-related procedures, review materials, and governance records.
  • Help identify gaps, documentation issues, or process weaknesses and support remediation activities as needed.
  • Support the production, validation, and governance of payroll key performance indicator reporting for leadership and stakeholder forums.
  • Help ensure reporting content is accurate, consistent, appropriately owned, and fit for management decision-making.
  • Contribute to dashboard development, trend analysis, and recurring management information that provides visibility into payroll performance.
  • Maintain reporting discipline by supporting version control, source validation, and governance of reporting outputs.
  • Assist in preparing materials for stakeholder review, governance meetings, and leadership updates.
  • Build effective working relationships across Payroll, Human Resources, Finance, Risk, Audit, Technology, and external vendors.
  • Support coordination of activities that sit across operational payroll delivery, governance, reporting, and control execution.
  • Provide structured support for recurring governance requirements and ad hoc requests tied to audits, reviews, issues, or leadership priorities.
  • Help ensure that critical payroll governance activities are delivered consistently, transparently, and with appropriate documentation.
  • Contribute to a culture of continuous improvement, operational resilience, and strong control discipline.
Desired Qualifications
  • Experience working in a global payroll environment.
  • Familiarity with outsourced payroll delivery models and associated vendor governance requirements.
  • Experience supporting control attestations, reconciliations, management reviews, or audit-related documentation.
  • Exposure to payroll reporting dashboards, metrics governance, and leadership reporting.
  • Experience operating in a highly regulated financial services environment.

About the company

BNY Mellon provides global financial services that help asset owners, investment managers, banks, insurers, corporations and individuals move, safekeep, and manage assets across markets. Its offerings—custody, fund and investor servicing, payments, clearing, collateral and liquidity management, asset and wealth management, credit and lending, digital assets, and analytics—are delivered through a mix of transaction, servicing, investment-management and advisory services, supported by technology. It differentiates itself through its global scale and breadth of custody and asset-servicing capabilities, established market and wealth services, and its integration of digital assets, data analytics, and AI with traditional finance. Its goal is to provide secure, efficient, and trusted asset movement and management worldwide by leveraging technology to improve operations and client service.

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

  • Q1 2026 revenue rose 13% to $5.4 billion, with pretax margin reaching 37%.
  • Q2 2026 revenue reached $5.7 billion, and BNY raised full-year 2026 growth guidance.
  • The Treasury selected BNY for Trump accounts, adding a new government platform by 2026.

What critics are saying

  • Fee pressure from fintechs and smaller custodians can compress BNY's servicing margins by 2027.
  • Headcount fell 7% year over year, signaling continuing restructuring and execution strain into 2026.
  • A digital-asset custody misstep or anti-money-laundering failure would damage trust and trigger existential franchise loss.

What makes BNY unique

  • BNY controls $62.6 trillion AUC, making custody and servicing its deepest moat.
  • Eliza 2.0 and 218 AI solutions embed automation across BNY's 47,000-person workforce.
  • June 29, 2026 Circle partnership made BNY the first institutional USDC custody and minting bridge.

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Benefits

Health Insurance

Paid Vacation

Flexible Work Hours

Remote Work Options

Unlimited Paid Time Off

Company News

Wealth Management
Sep 10th, 2026
Luminary raises $22M to scale AI wealth transfer platform supporting $500B in assets

Luminary, an AI-native wealth transfer and administration platform, has raised $22 million in Series A funding led by Ten Coves Capital. The round included participation from BNY and 8VC, bringing total funding to nearly $32 million since launching in 2021. The platform ingests estate documents and converts them into structured data that powers workflows for financial advisors, trust companies, law firms and accounting firms. This helps them scale guidance on tax-efficient wealth transfer strategy and trust administration. Luminary currently supports client assets totalling more than $500 billion. Customers include Caprock, IEQ Capital and Wealth Enhancement Group. The funding will be used to expand AI capabilities, integrations and administrative workflows, whilst growing the sales and business development teams.

Yahoo Finance
Sep 6th, 2026
BNY Mellon's $62.6T custody business drives 70% of revenue through steady fee-based model

BNY Mellon, the world's largest custody bank, oversees $62.6 trillion in client assets, primarily from pension funds, mutual funds, and other institutional investors. The bank generated $5.7 billion in revenue in the second quarter, up 13% year over year, with 70% derived from asset custody and servicing fees. Custody banks hold and service assets for large institutional customers, operating with a fee-based business model that generates reliable earnings across market cycles. BNY Mellon's fees increase as asset levels rise through appreciation or net inflows. The bank also earns revenue from investment management and interest income from sweep accounts, where idle client cash is invested in high-yielding instruments. As one of a handful of major custody banks, BNY Mellon benefits from a competitive moat and has been the best-performing bank stock over the past five years.

American Market News
Sep 6th, 2026
Bank of New York Mellon Corp Makes New $4.22 Million Investment in The Pennant Group, Inc. $PNTG

Bank of New York Mellon Corp acquired a new stake in The Pennant Group, Inc. (NASDAQ:PNTG – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 114,332 shares of the company’s stock, valued at approximately $4,225,000. Other hedge funds also recently made changes to their positions in the company. Caitong International […]

American Market News
Sep 6th, 2026
Bank of New York Mellon Corp Makes New Investment in Liberty Media Corporation – Liberty Formula One Series A $FWONA

Bank of New York Mellon Corp acquired a new stake in shares of Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 46,067 shares of the company’s stock, valued at approximately $4,033,000. […]

American Market News
Sep 6th, 2026
Bank of New York Mellon Corp Makes New $4.37 Million Investment in Lightwave Logic Inc. $LWLG

Bank of New York Mellon Corp acquired a new position in shares of Lightwave Logic Inc. (NASDAQ:LWLG – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 461,945 shares of the company’s stock, valued at approximately $4,370,000. Other large investors have also recently […]