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BNY

Senior Director, Operations Group Manager

Posted 3 Days Ago
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In-Office
New York, NY, USA
Senior level
In-Office
New York, NY, USA
Senior level
Leads wealth management operations across brokerage, advisory, trust, fiduciary, planning, and private banking. Oversees middle- and back-office processes, operating model design, regional support structures, controls, regulatory compliance, talent, and performance management. Drives transformation through technology enablement, workflow redesign, platform integration, automation, and process standardization across multi-platform and multi-custodian environments.
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Role Summary

The Senior Director, Wealth Operations serves as the senior operations counterpart to the Head of Client Service and is responsible for leading the core operating model across Wealth Management. This role provides strategic and execution leadership across brokerage, advisory, trust and fiduciary, planning, and private banking operations, with accountability for building a scalable, regionalized middle- and back-office support structure.

This leader will oversee the operational framework supporting the full client lifecycle, including account opening, asset and money movement, maintenance servicing, reconciliation, billing, and related core operational processes. The role requires deep expertise in wealth management operations, strong regulatory and risk discipline, and the ability to lead across complex multi-platform and multi-custodian environments.

In addition to operational leadership, the Senior Director will be responsible for advancing the evolution of the operating model through technology enablement, platform integration, and transformation strategy. This individual will operationalize the current model while shaping and executing a longer-term roadmap to simplify processes, improve scalability, enhance control effectiveness, and create a more seamless operating environment across systems, products, and support teams.

Key Responsibilities

Operational Leadership

  • Serve as the senior operations leader and strategic counterpart to the Head of Client Service across the Wealth Management business.
  • Lead core operations across brokerage, advisory, trust and fiduciary, planning, and private banking support models.
  • Design, implement, and lead a regionalized middle- and back-office operating structure to support business growth, service consistency, and risk discipline.
  • Oversee end-to-end operational processes across account opening, maintenance servicing, asset and money movement, reconciliation, billing, and related core activities.
  • Ensure operational processes are scalable, controlled, efficient, and aligned to business priorities and client expectations.

Operating Model Design and Execution

  • Operationalize the existing Wealth Management operating model and translate it into clear execution frameworks, support structures, roles, routines, and accountability.
  • Drive consistency in service delivery, workflow design, escalation practices, and operational governance across teams and regions.
  • Partner with business leaders to align operating support with advisor needs, client experience expectations, and business priorities.
  • Establish performance management routines, service metrics, operating standards, and reporting to monitor execution quality and identify improvement opportunities.

Transformation and Platform Integration

  • Define and execute the operations transformation strategy across a complex, multi-platform and multi-custodian environment.
  • Lead efforts to simplify and integrate operating processes through technology enablement, workflow redesign, and systems alignment.
  • Partner with technology, product, operations, and business stakeholders to develop an integration strategy that brings together fragmented platforms, processes, and support models.
  • Identify automation, standardization, and process optimization opportunities to improve efficiency, reduce risk, and enhance scalability.
  • Support modernization of the operating environment to create a more unified and seamless experience for internal teams and clients.

Risk, Controls, and Regulatory Leadership

  • Maintain a strong control environment across operational activities, ensuring adherence to applicable policies, procedures, and regulatory requirements.
  • Lead with a strong understanding of governance, supervision, escalation, and operational risk management in a regulated wealth management environment.
  • Ensure operational practices align with FINRA, brokerage, advisory, fiduciary, and banking-related requirements, as applicable.
  • Partner with compliance, legal, risk, and audit stakeholders on oversight, issue remediation, and control enhancement initiatives.

Leadership and Talent

  • Lead and develop a senior operations organization with responsibility for structure, talent, performance, and succession planning.
  • Build a high-performing operations culture centered on accountability, execution, partnership, and continuous improvement.
  • Serve as a strategic thought partner to senior business leaders on operating model design, workforce structure, and execution priorities.
  • Influence across functions and lead effectively in a matrixed environment spanning business, service, operations, product, and technology teams.

Qualifications

Required

  • Bachelor’s degree in Business, Finance, Operations, or a related field, or equivalent applicable experience.
  • Significant senior leadership experience in wealth management, private banking, broker-dealer operations, advisory operations, or a related financial services environment.
  • Deep expertise across core wealth operations, including account opening, maintenance servicing, asset and money movement, reconciliation, billing, and operational controls.
  • Experience leading operations across multiple wealth channels and product structures, including brokerage, advisory, trust/fiduciary, planning, and private banking.
  • Demonstrated experience designing and leading regionalized middle- and back-office support models.
  • Proven track record of leading large-scale operating model execution and business/operations transformation.
  • Strong experience operating across multi-platform and multi-custodian environments, including integration and simplification initiatives.
  • FINRA licenses required, including Series 7, Series 66, Series 24, and other licenses as applicable to the role.
  • Strong knowledge of regulatory, supervisory, and risk requirements relevant to wealth management operations.
  • Excellent leadership, communication, stakeholder management, and change management skills.
  • Demonstrated ability to operate strategically while driving disciplined execution.

Preferred

  • Experience benchmarking or operating in environments comparable to leading private banks, RIAs, or wealth platforms.
  • Experience leading technology-enabled operations transformation and workflow modernization initiatives.
  • Familiarity with platform consolidation, custodian integration, and enterprise operating model redesign.
  • Advanced understanding of service, operations, and business alignment in high-touch wealth management organizations.

Candidate Profile

Successful candidates will typically demonstrate:

  • Deep operational expertise in wealth and private banking environments
  • Strong leadership presence and executive influence
  • Ability to translate strategy into scalable operating execution
  • Strong control orientation and regulatory judgment
  • Experience leading complex transformations across platforms and teams
  • Strong partnership mindset across business, service, operations, product, and technology
  • Ability to build structure, discipline, and accountability in a growing or evolving model
About Us

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

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. Join us and be part of something extraordinary. About the Team

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

 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 expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. 

    Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

    If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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    BNY New York, New York, USA Office

    240 Greenwich St, New York, NY, United States, 10007

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