Junior Product Associate (CollateralONE)

Job Description

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 and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what is all about. Join us and be part of something extraordinary.

We’re seeking a future team member for the role of Junior Product Associate to join our CollateralONE team. This role is located in New York.

In this role, you’ll make an impact in the following ways:

Under direction, the Senior Associate works closely with stakeholders to understand user needs, prioritize backlog items, and assist in executing Agile ceremonies for CollateralONE, with a focus on collateral management, liquidity, financing lifecycle, and treasury operations.

Product Execution

• Writes clear specifications for minor features and contributes meaningfully to major feature specs, ensuring alignment with collateral and treasury management processes.
• Collaborates with the product manager to make informed implementation trade-offs that balance timely delivery with product quality, minimizing post-launch issues.
• Conducts thorough quality assurance before product launches and effectively triages and prioritizes bugs, particularly those impacting financing and liquidity workflows.

Customer Insights

• Utilizes data analytics to generate actionable insights that improve product functionality within the collateral and treasury domains.
• Partners with design teams to define user experience requirements and deliver designs that meet the specific needs of financing lifecycle and liquidity management users.
• Incorporates user feedback from usability tests, surveys, and other research methods to continuously enhance product relevance and usability

Primary Responsibilities

• Assists in tracking and prioritizing the product backlog to ensure features align with the overall product strategy
• Participates in creating and maintaining documentation required for Agile ceremonies, ensuring clarity and completeness.
• Defines user stories under stakeholder guidance, with a focus on collateral, financing lifecycle, and treasury management scenarios.
• Supports refinement and ongoing discussions of development user stories to ensure technical and business alignment.

To be successful in this role, we’re seeking the following:

• 1-2 years experience in product, with experience in financial services preferred
• Experience in collateral management, financing, liquidity, and treasury operations strongly preferred
• Excellent communication and collaboration skills to work effectively across technical and business teams.
• Ability to manage multiple priorities in a fast-paced, dynamic environment.
• Familiarity with data analysis tools and business intelligence software is a plus.
• Understanding of regulatory requirements and operational standards in financial services.

At BNY, our culture speaks for itself, check out the latest BNY news at:

BNY Newsroom

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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 $59,000 and $124,000 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.