Senior Vice President - DIGITAL STRUCTURAL INNOVATION At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about. We're seeking a future team member for the role of Senior Vice President to join our Digital Structural Innovation team. This role will be located in New York, NY - Hybrid In this role, you'll make an impact in the following ways:
- Utilize your legal knowledge to develop unique and innovative solutions, products, systems, and platforms, providing end-to-end guidance from the initial conceptualization and design through obtaining internal and regulatory approval for launch.
- Drive consensus and approvals for these solutions, products, systems, and platforms through internal product, legal, compliance, risk, and technology stakeholders.
- Seek and obtain external counsel and regulatory approvals.
- Maintain familiarity with legal and regulatory changes
- Serve as the subject matter expert for the firm.
To be successful in this role, we're seeking:
- Minimum 7 years experience.
- Extensive knowledge of the laws, rules, regulations, and guidance concerning blockchain, distributed ledger technology, tokenization, and cryptoassets, in the US (federal and NY state) and the EU. Prior corporate or law firm legal experience with blockchain and cryptoassets preferred.
- Knowledge of UCC Articles 4A, 8, and 9 in their application to banking system design.
- Experience of working in one or more of the following areas - cash payments, custody, clearance, settlement, and collateral management.
- Creativity, curiosity, and a self-starter demeanor with the ability to develop innovative solutions to complex problems.
- Excellent written and verbal communication skills and the ability to distill complex policies and information in succinct and compelling ways with diverse audiences.
- Ability to work collaboratively with a wide range of internal and external stakeholders to build consensus with the ability to independently execute tasks and deliver results.
- Experience obtaining regulatory approval for innovative products.
- Sound judgment and exceptional organizational and administrative skills with keen attention to detail and the ability to manage many competing priorities and responsibilities.
At BNY, our culture speaks for itself. Here's a few of our awards:
- America's Most Innovative Companies, Fortune, 2024
- World's Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024
- "Most Just Companies", Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits and Rewards: BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $102,000 and $200,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
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