1+ months

Global Fund Services Business Manager

BNY Mellon
New York, NY 10007

About BNY Mellon

Bankof New York Mellon (BNYM) is a leadingGlobally Significant Financial Institution. We provide Investment Managementand Investment Services that help individuals and Institutions invest, conductbusiness and transact in markets all over the world. Headquartered in New York,BNY Mellons 52,900 employees are located in 36 countries and serve more than100 markets. BNY Mellon has approximately $32.2 trillion in assets undercustody and administration, and more than $1.8 trillion of assets undermanagement. In addition, the Company is the worlds largest provider ofCorporate Trust and Depositary Receipt services and a leading provider ofBroker Dealer, Liquidity, Payment and Global Markets services. BNY Mellon ranksas the 7th largest global asset manager and 8th largest US wealthmanager.

Role Description

BNYM is seeking to hire a dynamic,self-motivated Business Manager to support the Global Fund Services business. Global Fund Services includes Fund Accounting,Fund Administration, Investor Solutions, Exchange-Traded Funds Services, andAlternative Investment Services.

The Business Manager, as part of the AssetServicing Finance & Business Management organization, provides support tothe business and is critical for driving analysis, process improvement,financial analysis and controls, as well as delivering on strategicinitiatives.

Core Responsibilities:

  • Actas a thought partner and senior advisor to Global Head of Fund Services

  • Coordinateand execute on the strategic and financial objectives of the Global FundServices business

  • Assistin driving opportunities to grow the business and client revenues, includingsupport of new products and platforms through the full end-to-endimplementation process

  • Prepareand communicate business strategy, performance and priorities to a broadaudience, including senior management

  • Facilitatedecision making and business progression

  • Proactivelyfocus on problem identification and problem solving

  • Drivecompetitive benchmarking and market analysis

  • Assistin planning revenues, headcount, expenses and investment/productivityinitiatives

  • Oversightto ensure that the business is run in an efficient and controlled manner,including tracking against budgets/plans and key financial ratios and effectivemanagement of direct and indirect costs

  • Collaborateand partner with the Finance team to develop financial reporting and key MISfor the business, including commentary on the drivers of key financials

  • Develop,lead and implement Fund Services strategy for resource allocation and projectstaffing.

  • Drivepartnership between business and functional teams (e.g. technology, operations,HR, marketing, etc.) to achieve business objectives

  • Partnerwith others in Finance & Business Management (CFOs, Business Managers, P&Aleads) across regions and businesses to share best practice and driveconsistency across the bank


  • Bachelor'sdegree in Business, Finance, or related area; or equivalent combination ofeducation and experience required

  • MBApreferred

  • 12-15years of experience in financial services or business partnerfunction preferred, at least 5 years in project management of applicablebusiness or function and cost-effective budgetary responsibility, experience inthe securities industry is a plus

  • Exceptionalverbal and written communication skills

  • Goodjudgement, maturity and poise to enable interaction/influencing of seniormanagement

  • Thoughtfulanalytical skills; able to develop, clearly present and draw conclusions

  • Self-starter;ability to prioritize, multi-task and meet deadlines

  • Disciplinedapproach to managing processes and controls

  • Energetic,self-motivated and effective under pressure

  • Stronganalytical and data manipulation skills; proficient in Microsoft Office Excel, PowerPoint

  • Strongproject management and presentation skills

  • FundServices product acumen or experience in the Asset Servicing industry is preferred

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team one that is representative and inclusive of the diverse talent, clients and communities we work with and serve and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Primary Location: United States-New York-New York
Internal Jobcode: 70704
Job: Finance/Accounting
Organization: Finance-HR06599
Requisition Number: 2010246


Posted: 2020-10-02 Expires: 2021-01-01

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Global Fund Services Business Manager

BNY Mellon
New York, NY 10007

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