Chief Administrative Officer - Pershing Institutional Solutions Chief Administrative Officer - Pershing  …

BNY Mellon
in Jersey City, NJ, United States
Permanent, Full time
Last application, 23 Jul 21
Competitive
BNY Mellon
in Jersey City, NJ, United States
Permanent, Full time
Last application, 23 Jul 21
Competitive
Chief Administrative Officer - Pershing Institutional Solutions
BNY Mellon's Pershing is a leading provider of clearing and custody services that is uniquely positioned to help complex financial services firms transform their businesses, drive growth, maximize efficiency, and manage risk and regulation. Wealth management and institutional firms outsource to Pershing for trading and settlement services, investment solutions, bank and brokerage custody, middle and back office support, data insights, and business consulting. Pershing brings together high-touch service, an open digital platform and the BNY Mellon enterprise to deliver a differentiated experience for every client. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. With offices around the world, Pershing has over $2 trillion in assets and millions of investor accounts. Pershing affiliates include Albridge Solutions, Inc., Lockwood Advisors, Inc., an investment adviser registered in the United States under the Investment Advisers Act of 1940, and Pershing Limited. Additional information is available on pershing.com, or follow us on LinkedIn or Twitter @Pershing. Pershing's Institutional Solutions is a newly formed team comprising Pershing's Prime Brokerage business for hedge funds/40 Act funds and its clearing business for institutional broker-dealers. The team of approximately 70 across six US locations serves approximately 200 clients generating $250-300MM of revenue. It is one of the fastest growing businesses within Pershing The Chief Administrative Officer will be a key member of the leadership team and will report directly to the Head of Institutional Solutions (IS). The CAO will be heavily involved in running the day-to-day operations of IS. The CAO will also be a 'go-to' person for the group head and consequently the day-to-day responsibilities will be fairly fluid. Among the areas in which the CAO may be involved on any given day are: Strategic planning Human resources Compliance and Risk Sales and Marketing Facilities Management Policies and Procedures Internal and External Communications Supervisory Procedures System Access Vendor Management Event Planning Employee Engagement The CAO will participate in CAO roundtables with other CAO's in Pershing. The CAO will also manage all IS management meetings. Qualifications Bachelor's degree in a related discipline or equivalent combination of education and experience required; MBA preferred 12-15 years of experience in financial services or business partner function preferred; at least 5 years in project management or applicable business or function and cost-effective budgetary responsibility; experience in the securities 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. Primary Location: United States-New Jersey-Jersey City Internal Jobcode: 70704 Job: General Mgmt / Admin Organization: Pershing Domestic-HR06431 Requisition Number: 2112077
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