BNY Mellon Careers

Chief Operating Officer - Pershing (Executive Manager, General Management)

Jersey City, New Jersey
General Mgmt / Admin


Job Description

Chief Operating Officer - Pershing (Executive Manager, General Management)

General Requirements:


The Chief Operating Officer directs, administers and oversees the operational activities of the organization in accordance with internal policies, external regulations and the company’s strategic priorities and objectives.  In partnership with the CEO, the COO provides vision, leadership, and management to ensure that the company has the proper operational controls, administrative and reporting procedures.  The COO is also responsible for developing the people strategy to ensure that the right talent and resources are in place to meet the organization’s priorities for growth, financial strength and operating efficiency.  


Successful candidate will possess breadth and depth of experience in the wealth, brokerage and/or advisory businesses, experience with client management and technology projects, as well as knowledge of overall competitive landscape. Understands advisor and client technology including future trends. Would additionally bring knowledge of market structure and strong risk acumen. 


Executive Responsibilities:

  • Provide day-to-day leadership management to the executive committee at the direction of the CEO.

  • Direct and oversee budget management and results, along with other financial criteria  to preserve the capital funds invested in the enterprise.

  • Participate in the development and preparation of short-term and long-term financial and strategic business planning.

  • Responsible for talent development for the organization; inclusive of ensuring that appropriate succession benches are in place for top leadership and critical roles.

  • Spearhead the development, communication and Implementation of effective growth, transformation and long term business goals.

  • Directs the development and implementation of procedures and controls to promote effective communication and collaboration of Information flow, and thereby ensure management control and direction of the enterprise.

Operations and Regulatory

  • Measure effectiveness of all internal and external processes. Provide timely, accurate and complete reporting on the operating environment of the company.

  • Ensure that all activities and operations are performed In compliance with local, state and federal regulations and laws governing business operations.

  • Maintains all the necessary and required regulatory licenses to carry out duties and responsibilities.

  • Foster a success-oriented, accountable environment within the company. 

  • Focuses on internal and client priorities; engenders rapport and trust from a 3,500 person team.

  • Fosters a culture of innovation and teamwork to achieve business targets and contributions to the organization; possesses a propensity to acquire new skills with high degree of learning agility.

  • Educates the organization to ensure there is a common purpose and vision; partners closely with the CEO to share duties and responsibilities.

  • Global business acumen necessary to navigate expanding organization and changing regulatory landscape.


Qualifications

  • Bachelor’s degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.
  • Must be current and active on all necessary Securities Industry Licenses.
  • 15 plus years of total work experience with at least 3-5 years in management preferred. Experience in securities or financial services preferred.




For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

Pershing provides critical business process, financial and technology solutions for financial organizations around the globe. We operate behind the scenes to power transformational change for broker-dealers, registered investment advisors, independent financial advisers, hedge fund and '40 Act fund managers and individual investors. We strive to be innovators, developing open architecture technology and financial solutions to support our customers' growth. We advocate on behalf of our customers and help them respond to regulatory reform and drive positive outcomes for our industry and investors. From our core business as an industry-leading trade execution, clearing and custody provider, we have evolved into a global multifaceted firm that provides investment solutions, forward-thinking technology-driven efficiencies, practice management and service excellence.

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


Primary Location: United States-New Jersey-Jersey City
Internal Jobcode: 70174
Job: General Mgmt / Admin
Organization: Pershing Domestic-HR06431
Requisition Number: 1910444