Blockchain Senior Principal, Chief Digital Office
- BNYMellon
- New York, NY, USA
- Jan 20, 2019
Job Description
The Blockchain Senior Principal will serve as the critical connectionbetween BNY Mellon’s business units, technology and externalblockchain-oriented third providers. The individual will work with senior managementand business units to vet, prioritize and execute blockchain-based solutionsand partnerships. The role functions asa critical “node” between internal business capabilities, client needs andexternal technologies for BNY Mellon.
The Senior Principalwill manage a large or multiple large teams focused on assessing, developingand implementing solutions using blockchain/DLT technology.
S/he willact as the subject matter expert for the Firm on blockchain/DLT technologiesand acts as the primary interface between technology infrastructure and aspecific business/functional area. S/he has regular contact among peers withinthe firm and externally, including regulators and professional organizations.Provides advice to our BUs and clients on the implications of relevant businesstrends, issues, operating environment changes and firm or business unitstrategy. Assists with resolution of the most complex issues on blockchain majorprojects. Motivates lower level managers to maximize their contributions andencourage professional growth. Identifies business unit requirements, createsproject and process specifications, coordinates with project teams and ensuresthat high impact projects are on schedule and to budget.
The successful candidate will demonstrate:
- Familiarity with blockchain protocols and business models
- Demonstrate successful project activity utilizing blockchain / DLT technology
- Have industry relationships with blockchain/DLT and/or cryptoassets participants
Core responsibilitiesinclude:
- Perform as primary contact with lines of businesses to develop and drive cross-business line strategic initiatives focused on productive innovation.
- Develop plans and ensures the execution of complex multi-party engagements
- Manage large, diverse groups across the organization and align thinking and approach
- Identify and vet key third-party opportunities
- Oversee junior team members
- Ensure clear communications between all stakeholders
- Strong presentation and communications skills and skills required to engage external clients/customers on problem statements and potential solution sets
- Engage external partners, including Venture Capital firms, Corporate Development and Innovation groups and start-ups
- Talk/Present to clients as the Blockchain subject matter expert
Qualifications
Bachelors degree in business or a related discipline, such as Computer Science or Engineering, or equivalent work experience required. Advanced degree preferred. 10-12 years of related experience preferred. Experience in the securities or financial services industry preferred. International and global experience preferred.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
Primary Location: United States-New York-New York
Internal Jobcode: 70194
Job: Finance/Accounting
Organization: Finance-HR06599
Requisition Number: 1900720
BNY Mellon is a global leader in investment management and investment services. We are focused on helping clients manage and service their financial assets. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.
BNY Mellon are part of a consortium of 22 major banks looking to define the future of blockchain technology started by financial innovation firm R3 and includes leading financial institutions globally.
“We believe, and many others would agree, that distributed ledgers like the blockchain have tremendous potential for our industry,” said Suresh Kumar, CIO, BNY Mellon. “However, the ideal application has yet to be identified. Blockchain technology’s current state of development actually has parallels to the start of the Internet. The Internet as we know it didn’t just happen when the infrastructure was put in place. It took someone to imagine the game-changing applications — lead by user-friendly email and search — that turned a limited research platform into a disruptor of the way the world communicates.”
BNY Mellon has been conducting a significant amount of research into blockchain, with the investigations being carried out by business and technology groups working together in close partnership. In order to advance this research, collaboration with other institutions is critical.
“We are at a place in our work with blockchain where constructive collaboration with external research partners is very valuable,” said Kumar. “In order to advance our industry and be disruptors — instead of the disrupted — we need to embrace Silicon Valley-style philosophies on collaboration and knowledge-sharing with our peers. This consortium brings us a step closer to that.”
The participation in this group was a collaborative effort between BNY Mellon’s Technology, Treasury Services and the Markets Group divisions. Mike Curran, head of the FX business in the Markets Group noted, “We are very excited to work with our partners in Technology and Treasury Services to participate in DLG and support innovation at BNY Mellon. These areas, and any others that may leverage the new technology, will continue to work together to define how blockchain will be used at BNY Mellon.”