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BNY

Safeguards and moves assets for investors

Vice President - POM Product Owner

Full-Time
No salary listed
Expert
Bachelor's
Manchester, UK
In Person
ProductTechnical Product Management

About the job

Requirements
  • A bachelor's degree or equivalent work experience.
  • At least 10 years of experience in transaction banking, including 5–7 years in a Product Owner, Product Manager, or Business Analyst role.
  • Proven experience working on payment processing with a focus on channels and messaging.
  • Understanding of the end-to-end payment lifecycle.
  • Strong knowledge of payment rails, including wires, Automated Clearing House, instant payments, and emerging networks.
  • Strong understanding of payment infrastructures and market utilities, including SWIFT, CHIPS, Fedwire, SEPA, RTP, CHAPS, TARGET2, EPN, and Federal Reserve ACH.
  • Strong understanding of payment message formats and standards, including ISO 20022, SWIFT MT, NACHA, and proprietary bank formats.
  • Knowledge of liquidity management concepts in payments and transaction banking, including intraday liquidity, prefunding, funding optimization, account balances, liquidity positions, and payment release decisioning.
  • Understanding of how liquidity controls affect payment orchestration, payment prioritization, queuing, limits, and exception management.
  • Experience across payment types and rails, including real-time payments, high-value payments, and batch payment flows, with awareness of their liquidity implications.
  • Familiarity with nostro and vostro account structures, settlement processes, cash positioning, and reconciliations.
  • Ability to work across Treasury, Operations, Risk, Compliance, and Engineering.
  • Understanding of operational risk, resiliency, and controls in a high-volume payments environment.
  • Ability to translate liquidity and payments requirements into product features, user stories, and measurable business outcomes.
  • Experience as a Product Owner in Agile/Scrum environments, with knowledge of Agile principles, ceremonies, and backlog prioritization and management.
  • Ability to write clear and actionable user stories, define acceptance criteria, and manage a product backlog.
  • Experience collaborating with development teams, testers, and business subject-matter experts to deliver high-quality solutions.
  • Strong analytical and problem-solving skills across business and technical teams.
  • Ability to interpret operational, liquidity, and workflow data to identify bottlenecks, risk points, and opportunities for automation or optimization.
  • Ability to analyze trends and use data to inform product decisions and drive operational efficiency.
  • Proficiency with JIRA, Confluence, Excel, and data visualization tools.
  • AI literacy and understanding of how AI can support product management, workflow optimization, decision support, analytics, and operational efficiency.
  • Ability to identify practical opportunities to use AI-enabled tools, automation, and data-driven insights.
  • Awareness of responsible AI concepts, including human oversight, data quality, explainability, privacy, and risk awareness.
  • Experience using digital tools to improve documentation, analysis, requirements refinement, and reporting.
  • Strong communication and documentation skills for translating complex payment processes into business and technical requirements.
  • High attention to detail in compliance- and risk-sensitive environments.
  • Ability to work independently in a fast-paced, high-pressure setting.
  • Ability to work in a global, cross-functional team and across different time zones.
Responsibilities
  • Lead the Liquidity Management pod within the Core Processor group.
  • Own and manage the product backlog for the pod, ensuring alignment with platform objectives and key results and strategic priorities.
  • Drive product outcomes that strengthen intraday liquidity visibility, funding efficiency, payment prioritization, and control effectiveness across the payment lifecycle.
  • Partner with business, operations, treasury, risk, and technology teams to evolve liquidity management capabilities that support resilient payment processing and effective exception handling.
  • Identify opportunities to improve product delivery and operational decision-making through responsible use of data, automation, and artificial intelligence-enabled capabilities.
  • Translate complex business needs into clear, actionable user stories and acceptance criteria.
  • Prioritize backlog items to balance new feature delivery, technical debt, and platform resiliency.
  • Lead sprint planning, reviews, and retrospectives in partnership with Scrum Leads and the development team.
  • Ensure solution designs align with long-term architecture and platform vision.
  • Monitor and measure the pod's performance, using data to inform decisions and continuous improvement.
  • Ensure timely and accurate delivery of payment-related information to internal lines of business, external clients, third-party providers, and market infrastructures to enable smooth operations, maintain client trust, and support compliance.

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