Senior Vice President, Product & Innovation - Cash, Payments and Collateral
UNITED STATES, NY, NEW YORK
- $102,000 p/year
- IT
- Full-time
- product innovation
- financial services
- payments modernization
The Senior Vice President, Product & Innovation at BNY leads the development and execution of product strategies focused on cash, payments, and collateral, driving digital transformation and innovation in financial services. This executive role involves cross-functional collaboration, program management, and commercialization of new financial technology solutions. The position requires extensive experience in product management and a deep understanding of emerging financial technologies and market trends.
SENIOR VICE PRESIDENT, PRODUCT & INNOVATION - CASH, PAYMENTS AND COLLATERAL
At BNY, our culture allows us to run our company better and enables our people’s growth and success. As a leading global financial services company at the heart of the financial system, we influence nearly 20% of the world’s investable assets. Every day, our teams harness data, technology, and collaboration to deliver transformative solutions that shape markets and empower clients.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance — and this is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Senior Vice President, Product & Innovation to join our Product & Innovation organization. This role is based in New York, NY.
Role Overview:
We are looking for a highly motivated and execution-focused Senior Vice President to help drive BNY’s product and innovation agenda — spanning digital platforms, data, payments, and next-generation financial infrastructure.
This role sits at the intersection of product strategy, technology enablement, and client delivery. The ideal candidate will combine product management experience with a strong understanding of how emerging technologies and market trends are reshaping financial services. You’ll help design, develop, and scale new capabilities that position BNY for continued leadership in a rapidly evolving industry.
In this role, you’ll make an impact in the following ways:
Product Strategy & Innovation
- Support the definition and execution of product roadmaps across core innovation themes (e.g., data, payments modernization, digital assets, and infrastructure).
- Conduct market, client, and competitor analyses to identify opportunities and guide product direction.
- Translate strategic priorities into actionable business requirements and plans.
Program Execution & Delivery
- Partner with product, engineering, and operations teams to deliver initiatives that are scalable, compliant, and impactful.
- Manage project milestones, dependencies, and progress tracking to ensure timely delivery.
- Prepare executive updates and materials for governance and review forums.
Stakeholder & Cross-Functional Engagement
- Collaborate with partners across Product, Technology, Operations, Finance, and Risk to align goals and drive execution.
- Engage with internal and external stakeholders to validate concepts and inform product design.
- Support leadership communications and presentations to maintain transparency and alignment.
Commercialization & Measurement
- Contribute to commercialization strategies, success metrics, and adoption tracking for new products.
- Analyze client feedback and product performance to refine and scale offerings.
- Support business planning, quarterly reporting, and budget tracking related to innovation initiatives.
To be successful in this role, we’re seeking the following:
- 8-10 years of experience in product management, strategy, consulting, or innovation within financial services or technology-driven sectors.
- Strong analytical and communication skills with the ability to connect strategy to execution.
- Proven ability to manage multiple priorities, coordinate across teams, and deliver results.
- Exposure to capital markets, payments, or digital asset innovation preferred but not required.
- Collaborative, proactive, and adaptable mindset with a focus on driving tangible outcomes.
- Bachelor’s degree required; advanced degree or equivalent experience a plus.
At BNY, our culture speaks for itself, check out the latest BNY news at:
Here’s a few of our recent awards:
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $102,000 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 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.
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.




