Vice President, External Reporting

Job Description

BNY Pershing is a subsidiary of BNY that provides clearing, custody, and other financial business solutions to investment advisors, broker-dealers, and wealth managers. It supports clients with technology, operational services, and investment solutions to help them grow and manage their businesses effectively.

\n

We are seeking a team member for the role of Vice President to join our Regulatory Reporting team. This role is located in Jersey City, NJ – Hybrid. 

\n

In this role, you’ll make an impact in the following ways: 

\n

\n
• Support the preparation of the daily 15c3-3 customer reserve computation including aggregating data and producing calculations.
\n
• Extract, analyze, and interpret large datasets for reporting accuracy.
\n
• Conduct in-depth analytical research identifying trends and anomalies to prepare management level commentary on variances.
\n
• Develop, maintain, enhance, and validate regulatory reporting policies and procedures ensuring continued compliance with applicable regulations
\n
• Prepare root cause analysis, develop recommendations and solutions, escalate to management and follow through on issue remediation.
\n
• Collaborate with cross-functional teams to design and implement process improvements to streamline reporting workflows and improve data quality.
\n
• Assist in the testing and implementation of issue remediation and automation efforts.
\n
• Interface with internal stakeholders in the organization to build a broad range of knowledge spanning across finance, treasury, and operations.
\n
• Participate, as needed, in certain processes related to broker dealer and bank regulatory reporting including but not limited to 15c3-1 net capital computation, FOCUS, Treasury International Capital (TIC), Basel III, FR-Y9C and FR-2052a reporting. 
\n

\n

 

\n

To be successful in this role, we are seeking the following: 

\n

\n
• Bachelor’s degree in a financial discipline such as Accounting or Finance.
\n
• 3-5 years of broker dealer regulatory reporting experience is preferred.
\n
• Strict attention to detail, able to prioritize tasks under tight deadlines, demonstrate risk awareness and escalate issues when appropriate.
\n
• Strong analytical and problem-solving skills.
\n
• High proficiency in Microsoft Office
\n
• Experience with Artificial Intelligence such as Co-Pilot and ChatGPT
\n
• Team player with a positive attitude and strong work ethic.
\n
• Excellent technical and effective communication skills.
\n

\n

 

\n

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $120,000 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.

\n

This position is at-will and the Company reserves the right to modify base (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. 

\n