B

BNY

Safeguards and moves assets for investors

Senior Vice President Equities Mainframe Engineer

Full-TimeUpdated on 10/23/2026
No salary listed
Expert
Bachelor's
Pittsburgh, PA, USA+1 moreMore locations: Lake Mary, FL, USA
In PersonWork is based in Lake Mary, FL or Pittsburgh, PA.
Software EngineeringBackend Engineering

About the job

Requirements
  • A bachelor's degree in computer science engineering or a related discipline, or equivalent work experience, is required.
  • Eight to twelve years of software development experience is required, including proficiency in mainframe technologies.
  • Experience with front-end languages, libraries, and frameworks such as Angular, HTML, CSS, TypeScript, JavaScript, and jQuery.
  • Working knowledge of Java, Spring Framework, Spring Boot, Spring Security, ORM, and Spring Data libraries.
  • Experience with Oracle or SQL Server.
  • Experience with messaging frameworks such as IBM MQ or Kafka.
  • Experience with SDLC, DevOps processes, CI/CD tools, and Git.
  • Knowledge of Scrum and Agile methodologies.
  • Familiarity with AI coding-assist tools such as GitHub Copilot, Cursor, Windsurf, or Claude Code.
  • Experience in the securities or financial services industry, with a focus on equities.
  • Understanding of equities trade life cycles.
  • Production support experience and ability to troubleshoot issues under pressure.
  • Experience with application profiling and debugging.
  • Strong analytical skills and attention to detail.
  • Strong communication and organization skills.
Responsibilities
  • Design, develop, and maintain applications incorporating front-end and back-end technologies.
  • Program well-designed, testable, and efficient code.
  • Integrate software components into fully functional software systems.
  • Consult with Product and Business groups to provide high-level application software development services.
  • Participate in code reviews and mentor junior developers.
  • Analyze situations and recommend solutions to business issues.
  • Understand business drivers and the products the team supports through hands-on involvement.
  • Drive innovation and continuous improvement in development and operational practices.
  • Help re-engineer and modernize the platform, including migration to scalable microservice and cloud-based architecture using AI and other development tools.
  • Work cross-functionally with stakeholders and trading systems, and run operational procedures to manage application risk.
  • Support and maintain the legacy Order Management System on the mainframe platform.
  • Deliver business-as-usual enhancements, maintenance, and system updates.
  • Lead investigation, development, testing, and deployment of fixes for production issues and defects.
  • Provide support for internal and external audits, including documentation and compliance activities.
  • Collaborate with business and technology teams to ensure system stability and timely issue resolution.
  • Use COBOL, JCL, DB2, MQ, Control-M, CICS, VSAM, and related mainframe technologies to support and enhance the application environment.
  • Design and implement new systems and features across platforms.
Desired Qualifications
  • Experience with caching frameworks and the FIX protocol is an added advantage.

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