Principal, Program and Project Management London, England
Job description
BNYM Mellon is the world’s largest custody bank. We’ve established an initiative, “The Future of Custody”, to take the core custody product forward in an agile, iterative environment that delivers new capabilities for our customers. This includes a specific workstream to focus on Fund Tax.
The Bank of New York Mellon (BNY Mellon) is at the center of the global financial markets, providing the world’s institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity.
BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including:
- Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes
- Providing collateral, liquidity, and funding for the world’s largest banks through our markets franchise
- Serving family offices and high net worth individuals through our wealth management franchise
- Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers
- Advising large global corporations on a range of trust and other solutions
- Providing integrated managed data services to asset managers
What we do:
The product development function is a newly formed team that services the Custody, Network and Tax businesses. We are building an agile-centric culture that places the customers’ needs at the heart of our development process. We value rapid and controlled delivery of business value through partnerships with technology and operations, with the product owner at the core.
Within the Custody Tax Product Development team we are looking for candidates with Custody experience to support a number of key Strategic Tax Initiatives.
- Build strong subject matter expertise and knowledge of the Custody Tax Product Development Team.
- Have a very good understanding and prior experience of the business analysis role in financial services projects
- Display strong documentation skills and the ability to articulate target operating models, requirements (mainly through user stories) and user acceptance criteria
- Have experience of Functional testing of IT deliverable as per the documented specification
- The ability to act as the bridge between Technology, Product, Operations and other SMEs
- Expect to use data to make, justify and measure investment
- Support the team lead and prioritise and manage the product backlog, dealing with complex and often competing priorities and stakeholders
- Bring enthusiasm, drive and energy to the product development process
- Consider the required operating model and path to implementation to realise the Tax product roadmap
- Play a key role in the client and business outcomes, with clear articulation of the business value
- Express outcomes and priorities on a product roadmap that articulates progress of the product over time
- Be fluent in agile working, helping to expand the adoption of end-to-end agile working in partnership with IT
- Be able to define the required business architecture to support the product vision and work with IT and SCRUM teams to achieve
- Take a hands-on approach to directing SCRUM teams and participating in agile ceremonies
- Evaluate the product at each sprint to ensure client and firm commitments are met
- Expect to work in a rapid, high paced environment with ambiguity and uncertainty
- Sufficient experience in tax product-based roles in complex, enterprise environments
- Strong project management and execution capabilities
- Domain knowledge of asset management, trade life cycle, and asset servicing
- Experience of applying agile principles and approaches to traditional environments with challenges in legacy technology and processes
- Experience of agile tools (e.g. JIRA) and methodologies
- Experience of contributing to the tax product development lifecycle, from concept and client need through to execution and benefit realisation
- Experienced in working with business and technology architecture. Able to explain strategic concepts to audiences
- Comfortable with corporate governance and reporting
- Preferred: Domain knowledge of custody/securities processing or related capabilities
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.
