Alternatives / Private Markets And Wealth Channel - Product Design And UX Team Leader, SVP

The Bank Of New York Mellon Jersey City , NJ 07097

Posted 2 weeks ago

Who we are:

BNY Mellon has been a pioneer in the global capital markets for nearly 240 years, providing the world's leading institutions the tools, capabilities, and services to be distinctive and redefining what it means to be the trusted financial services institution. BNY Mellon is a platform provider through which our clients build their businesses. Our differentiated model allows us to play a critical role as a central orchestrator in the global financial ecosystem.

  • In Securities Services, we power and connect our clients to a robust investment ecosystem that supports their business at every stage. A fifth of all global assets flow through our platform, and while we are most known for our more than $40 trillion in assets under custody and administration, we also have more than $40 trillion of assets on our Data & Analytics platform

  • In Wealth and Market Infrastructure, we are the backbone of our clients' capital markets and payments capabilities, playing a core role in collateral management, markets, and treasury services and our Pershing business is the leading wealth technology provider. With $3.6 trillion in average tri-party collateral management balances, $2 trillion of global payments moved daily, and more than $2 trillion in Pershing global client assets, we deliver the critical platforms and services for institutional and corporate ecosystems to operate and thrive

  • In Investment and Wealth Management, we are a leading provider with $2.1 trillion in assets under management. Through an investor-first approach, the firm delivers specialist expertise from seven world-class investment firms that cover all major asset classes and provides differentiated capabilities in wealth advice across investments, banking, custody, and wealth and estate planning.

We bring together these broad solutions and deep expertise to bolster our clients' success. We are reimagining financial ecosystems and placing data and open platforms at the heart of the transformation. In addition, BNY Mellon is a strategic partner to a variety of financial technology companies globally and a convener of influential industry and market structure forums. Join us as we define the next evolution of financial services and deliver on our mission to power individuals and institutions to succeed across the financial world.

What we do:

Growth Ventures is the Bank's division for managing and building data and software-led businesses, including our market-leading data and analytics business with nearly $50 trillion in financial assets under data management. Growth Ventures, building on this foundation and in partnership with other businesses including Investment Management, Asset Servicing, and Pershing, is bringing to market a new software-led, API-first solution for the alternative investment and wealth management ecosystems. The new business will leverage, connect and enhance existing strengths while also developing market-first solutions that provide a one-of-a-kind experience for partners and clients. The market being targeted is measured in trillions of dollars with revenue pools in billions, yet it is generally considered a nascent space on the precipice of growth. And while we are building from a robust foundation and position of strength, this is very much an entrepreneurial opportunity to innovate and create new products, new solutions, and a new business.

Key Role Responsibilities:

We are looking for a principal UX / Design subject matter expert to lead teams to solve our most complex product design challenges. Contributing to all the activities within product design including user research and testing, interaction design, and visual design, this role should have experience across these activities but should be an expert in at least one. Activities for this role include:

  • Leading and driving a consistent vision for UX / UI for alternative funds

  • Partnership: Seeks deep collaboration with product and program leadership as well as key stakeholders and design leadership across the firm

  • Skilled manager for a wider design team

  • Execution-oriented: Willing to contribute to program goals in the form of work-products and specific area objectives such as go-to-market or marketing initiatives

  • Comprehensive consultation to management and staff related to user research, usability testing, surveys, interviews, work studies, and heuristic evaluations

  • Reviews documentation of research findings presented to product and development teams

  • Defines and reviews new and modified user personas

  • As subject matter expert, actively participates and provides guidance in the creation of concepts, information architecture, user interface designs, wireframes, storyboards, prototypes, and specifications to meet project schedules

  • Leads the implementation of visual styles that support platform goals, branding, and to increase user effectiveness

  • Consults on and interprets user feedback and insights to improve the user experience

  • Serves as reviewer of usability activities and artifacts to ensure software applications meet customer expectations for use

  • Provides UX expertise to the product definition and evaluation process utilizing multiple sources of information (field work, interviews, internet, intranet, market data/literature)

  • Acts as principal consult and leads the creation and updating of user interface and visual design guidelines and standards

  • Advocates for user-centered design and the value of standardized design systems across the firm and facilities training for groups outside the UX team

  • Ensures that the developed/revised product achieves the user's specified goals by establishing user-centered analysis, design, best practices, and standards

  • Actively participates and may provide guidance in the creation of concepts, information architecture, user interface designs, wireframes, storyboards, prototypes, and specifications to meet project schedules

  • Serves as reviewer of usability activities and artifacts to ensure software applications meet customer expectations for use

  • Ensures that the developed/revised product achieves the user's specified goals by establishing user-centered analysis, design, best practices, and standards

Candidate profile:

The ideal candidate would have:

  • Bachelor's degree in psychology, user experience, design, human computer interaction or a related discipline, or equivalent work experience required

  • Advanced degree preferred

  • 10-12 years of experience required

  • Experience in the securities or financial services industry is a plus

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.

BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $140,000 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 BNYM 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.

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.


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Alternatives / Private Markets And Wealth Channel - Product Design And UX Team Leader, SVP

The Bank Of New York Mellon