Emerging Technologies Transformation Lead - AI / ML / Blockchain
Location: New York, New York
Type: Full Time
Internal Number: 13300758
Who we are
For over 230 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world's leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $15 billion in revenues and market capitalization of approximately $50 billion
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:
Managing the custody of over $31 trillion financial assets of the world's leading institutional investors, hedge funds, sovereign wealth funds, and corporates
Investing over $1.8 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 in our top 10 wealth manager ($250 billion assets)
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 (over $1.8 trillion in client assets)
Advising large global corporations on a range of trust and other solutions
Providing integrated managed data services to asset managers (over $4.7 trillion)
In addition, BNY Mellon is a strategic partner to a variety of financial technology companies and a convener of influential industry and market structure forums.
What we are doing
BNY Mellon recently announced the launch of a newly formed global digital team, led by Roman Regelman, a former BCG partner who drove a number of large scale digital transformations for global financial services clients. The Digital team drives BNY Mellon's core digitization strategy and is responsible for mapping our digital future, investing in digital client and internal capabilities, including data management, analytics, artificial intelligence, machine learning and robotics.
The Digital team focuses on maximizing investments in our digital capabilities to drive significant improvements in business performance and the client and employee experience. The team is accelerating the bank's innovation strategy, developing more cross-functional integration and mining best practices to integrate across businesses, regions, front line relationship managers, innovation centers. We are currently looking to fill positions at our global headquarters in Tribeca, New York.
As a member of the Advanced Solutions team in Digital, the primary focus and responsibilities will be to deliver tangible value and advance the digital agenda across the enterprise by accelerating effective use of AI and Blockchain. Main responsibilities will include:
Drive strategic initiatives and deliver measurable impact (measured as revenue increase, cost reduction, employee and client satisfaction, risk reduction etc.) through solutions enabled by emerging capabilities like AI/ML/Blockchain.
Serve as solutions expert to address critical business needs tapping into emerging capabilities (AI/ML/Blockchain) as appropriate
Provide implementation guidance on AI/ML/Blockchain solutions - available internally or in the market place - factoring in feasibility, maturity of solutions, cost, time to market etc.
Manage / oversee initiatives from inception to implementation including appropriate approvals through product or business process change governance processes.
Partner with Lines of Business and Technology to identify opportunities
Ensure solution delivery is consistent and compliant with our risk and compliance frameworks and policies
Manage resources capacity and program across portfolio of AI/ML /Blockchain initiatives
Engage internal and external stakeholders to communicate strategy and vision, share progress and impact, obtain drive and communicate the advanced solutions agenda, enterprise efforts the group is leading and expected outcome for employees, clients and the enterprise.
Drive / promote best practices on accelerating transformation initiatives
A practitioner with hands on experience in designing and deploying AI/ML/Blockchain solutions at scale
Experience in stakeholder management at the executive level
Experience in transformation leadership during which s/he applied a structured approach (methodology) to the successful management, tracking, planning, monitoring, and reporting of concurrent, multiple financial services projects spanning across an enterprise
Individual should be analytical, flexible, team-oriented, have good interpersonal, communication, and follow-up skills with strong attention to detail and ability to multi-task
Self-motivated, innovative thinker with the ability to derive, formulate, and develop new concepts, processes and value-added activities.
Self-starter, high energy, and motivated to innovate the business
Experience working on a team that drove change at scale
Entrepreneurial and results oriented
Excellent analytical and problem-solving skills
Able to deal well with uncertainty and unstructured problems to be solved
Able to work across businesses and functions at all levels
Able to lead ad-hoc and structured teams for achieving goals within established time parameters
Excellent interpersonal skills necessary to accomplish goals through others, including employees, peers, and other function/business areas of the company
Experience in the securities, financial services, or asset management industry a plus
Graduate degree from top universities a plus
Bachelors degree in business or a related discipline, or equivalent work experience required. Advanced degree preferred. Managerial experience is re 12 plus years of related experience preferred. Experience in the securities or financial services industry preferred.