Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Vice President, Cash Processing/Funds Transfer Manager I image - Rise Careers
Job details

Vice President, Cash Processing/Funds Transfer Manager I

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of  Vice President, Cash Processing/Funds Transfer Manager I  to join our  Global Payments and Treasury Services Operations team. This role is located in  Lake Mary, FL or Pittsburgh, PA, and will work a Hybrid schedule (4 days per week in-office required) .

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

  • Serves as a team lead by coordinating the work of less experienced Cash Processing and Funds Transfer staff
  • Processes client payments and accruals
  • Develops, reviews, and maintains departmental procedures while ensuring adherence to established policies and workflow
  • Understands and effectively uses systems and technology required for cash movement, reconciliation, and trust accounting
  • Identifies opportunities to improve quality and streamline processing and transfers within unit
  • Coordinates testing to ensure that changes are implemented
  • Gathers and analyzes data to identify and solve complex problems that arise with little or no precedent
  • Looks beyond the immediate problem to the wider implications 
  • Leads support staff in day-to-day activities
  • Acts a Team Lead for support staff and provides team with guidance on activities, coordinates tasks for the team and checks on work quality and progress
  • Responsible for the quality and completion of own work and work of team members

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

  • High school/secondary school or the equivalent combination of education and experience is required 
    • Bachelors degree preferred
  • 4-5 years of total work experience with at least 1 year in management preferred
  • Experience in financial services preferred
  • Microsoft Office experience preferred
  • Excellent verbal and written communication
  • Excellent investigative and research capabilities, with an ability to present findings
  • Applicable local/regional licenses or certifications as required by the business

At BNY, our culture speaks for itself. Here’s a few of our awards:

  • America’s Most Innovative Companies, Fortune, 2024
  • World’s Most Admired Companies, Fortune 2024
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024 
  • Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
  • “Most Just Companies”, Just Capital and CNBC, 2024
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
  • Bloomberg’s Gender Equality Index (GEI), 2023

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.

Average salary estimate

$105000 / YEARLY (est.)
min
max
$90000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Vice President, Cash Processing/Funds Transfer Manager I, BNY

At BNY, we're all about helping you grow and thrive! As the Vice President, Cash Processing/Funds Transfer Manager I, located in beautiful Lake Mary, FL, you'll be an essential part of our Global Payments and Treasury Services Operations team. Imagine leading a vibrant team of less experienced Cash Processing and Funds Transfer staff, ensuring that things run smoothly while processing client payments and handling accruals. Your keen eye will help you develop, maintain, and review departmental procedures, ensuring everybody stays aligned with our established policies and workflows. Technology and data play crucial roles in this position, as you will utilize systems to ensure efficient cash movement, reconciliations, and trust accounting. We’re here to identify opportunities to streamline our processes, and your leadership will guide the team in navigating daily activities and addressing complex problems. As a favorite workplace for innovators, we prioritize quality and accountability, making sure every team member's work is impactful. Ideally, you have a combination of experience and education, with a preference for candidates holding a Bachelor's degree. With 4-5 years of experience (preferably in management and financial services), you will bring insightful investigative and communication skills to the table. With BNY's commitment to inclusion, awards celebrating innovation, and a focus on work-life balance, you can look forward to a fulfilling career where you truly make a difference. Join us, and let's make money work for the world together!

Frequently Asked Questions (FAQs) for Vice President, Cash Processing/Funds Transfer Manager I Role at BNY
What are the responsibilities of the Vice President, Cash Processing/Funds Transfer Manager I at BNY?

As the Vice President, Cash Processing/Funds Transfer Manager I at BNY, your responsibilities will include leading a team of Cash Processing and Funds Transfer staff, processing client payments and accruals, and developing departmental procedures. You'll also be responsible for ensuring adherence to policies, identifying process improvement opportunities, and coordinating testing for changes. Ultimately, you are expected to guide your team in day-to-day activities and analyze data to solve complex problems.

Join Rise to see the full answer
What qualifications are required for the Vice President, Cash Processing/Funds Transfer Manager I position at BNY?

For the Vice President, Cash Processing/Funds Transfer Manager I role at BNY, a high school diploma is required, and a Bachelor's degree is preferred. Candidates should possess 4-5 years of work experience, ideally with at least 1 year in management and experience in the financial services sector. Strong communication skills and proficiency in Microsoft Office tools are also important for success.

Join Rise to see the full answer
How does BNY support employee growth and well-being for the Vice President, Cash Processing/Funds Transfer Manager I?

At BNY, we prioritize employee growth and well-being by offering competitive compensation and comprehensive benefits. As the Vice President, Cash Processing/Funds Transfer Manager I, you can expect access to global resources that enhance your career journey, support your health, and foster resilience, alongside generous paid leaves, including time off for volunteering. Our culture also embraces diversity and innovation, allowing for a fulfilling work environment.

Join Rise to see the full answer
What does a typical day look like for the Vice President, Cash Processing/Funds Transfer Manager I at BNY?

A typical day for the Vice President, Cash Processing/Funds Transfer Manager I at BNY involves leading your team to coordinate cash processing activities, ensuring payments are handled efficiently. You'll spend time reviewing departmental procedures, analyzing data for potential improvements, and addressing any emerging challenges. Interaction with team members and engaging in problem-solving is essential to maintaining alignment with BNY's operational goals.

Join Rise to see the full answer
What awards has BNY received that reflect its workplace culture for the Vice President, Cash Processing/Funds Transfer Manager I?

BNY has received numerous awards recognizing its commitment to innovation, inclusivity, and workplace excellence. In 2024, we were honored as one of America’s Most Innovative Companies and a World’s Most Admired Company by Fortune. Additionally, our Corporate Equality Index scored 100%, demonstrating our commitment to fostering an inclusive environment, which greatly benefits positions such as the Vice President, Cash Processing/Funds Transfer Manager I.

Join Rise to see the full answer
Common Interview Questions for Vice President, Cash Processing/Funds Transfer Manager I
Can you describe your experience in managing cash processing teams?

When answering this question, highlight your prior roles where you've led similar teams. Discuss your leadership style, how you motivate your team, and specific examples of processes you've implemented to improve efficiency in cash processing.

Join Rise to see the full answer
How do you ensure compliance with financial policies and procedures?

Discuss the methods you employ to stay updated on regulatory changes, including training, audits, or policy reviews. Share past experiences where you successfully ensured compliance within your team or department.

Join Rise to see the full answer
What strategies do you employ for problem-solving within your team?

Provide concrete examples of situations where you've identified a problem, implemented a solution, and the outcome of that approach. Emphasize analytical skills and teamwork, showing how you involve your team in finding solutions.

Join Rise to see the full answer
How do you handle conflicts within your team?

Speak about your conflict resolution style, such as mediation techniques and fostering open communication. Provide an example of a conflict you've successfully resolved in previous roles, focusing on the process and outcome.

Join Rise to see the full answer
What systems and technologies do you find crucial for cash processing?

Identify specific technologies you've utilized effectively, such as payment processing systems or data analytics tools. Discuss how these tools support data integrity, payment accuracy, and team collaboration.

Join Rise to see the full answer
Can you share an instance where you led a successful team project?

Be prepared to share a detailed story that showcases your leadership skills, project management abilities, and the measurable outcomes that resulted from the team’s efforts. Highlight any challenges faced and how you overcame them.

Join Rise to see the full answer
How do you stay updated with industry trends in financial services?

Talk about your commitment to continuous learning through industry publications, networking, attending webinars, or conferences. Share any specific instances where this knowledge had a positive impact on your team or strategy.

Join Rise to see the full answer
What role does data analysis play in your decision-making process?

Discuss your experience in data analysis and how you utilize it to inform decisions related to cash processing. Use examples that demonstrate significant data-driven decisions you've made and their results.

Join Rise to see the full answer
How do you prioritize tasks for your team?

Explain your approach to prioritization, including any frameworks used, such as urgency vs. importance. Provide an example of how effective prioritization improved your team’s workflow and outcomes.

Join Rise to see the full answer
What motivates you as a leader in the financial services industry?

Share your personal motivations, such as fostering a collaborative environment, driving efficiency, or making a positive impact on clients and team members. Highlight what excites you about contributing to BNY specifically.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted yesterday

Take your expertise to the next level with IDT as their Director of SEC Financial Reporting, managing critical financial reporting functions.

Photo of the Rise User
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony

Join Citi as an Officer, Finance Reporting Analyst 2, where you can enhance your skills in finance reporting within a global banking environment.

Photo of the Rise User
Posted 14 days ago

Join Visa Inc. as a Finance Manager, where you'll enhance financial planning and analytics in support of corporate revenue goals.

Photo of the Rise User
Target Remote 1000 Nicollet Mall, Minneapolis,MN 55403-2542
Posted 9 days ago
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony

As a Sr. Finance Manager at Target, you will lead financial processes and foster relationships across properties senior leaders and partners to drive strategic execution.

Photo of the Rise User

As a Capital Solutions Analyst at Scale Microgrids, you'll leverage your analytical skills to support innovative clean energy projects in a dynamic environment.

Photo of the Rise User
Posted 4 days ago

As a Pricing Strategy Analyst at Visa, you will engage in high-impact projects that drive revenue growth through strategic pricing solutions.

Photo of the Rise User
Posted 14 days ago
Inclusive & Diverse
Feedback Forward
Collaboration over Competition
Growth & Learning

Become a pivotal force in shaping financial strategies as a Strategic Finance Lead at OpenAI, focusing on product profitability and strategic decision-making.

Photo of the Rise User

AbbVie invites talented professionals to join a talent pipeline for future opportunities in Finance Lead, Audit, focusing on ensuring compliance and quality in the pharmaceutical sector.

BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For 240 years we have partnered alongside our clients, putting our expertise and platforms to work to help them achie...

42 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 8, 2025

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!
LATEST ACTIVITY
Photo of the Rise User
Someone from OH, Cuyahoga Falls just viewed SEASONER at Shearer's Foods
Photo of the Rise User
Someone from OH, Columbus just viewed Bilingual Care Manager, Telephonic RN at Humana
Photo of the Rise User
Someone from OH, Columbus just viewed Talent Business Partner at Red Bull
Photo of the Rise User
228 people applied to Entry-level Actuary at USAA
Photo of the Rise User
Someone from OH, Brunswick just viewed Sanitation Team Member at Shearer's Foods
Photo of the Rise User
Someone from OH, Columbus just viewed Talent Acquisition Specialist at Beghou Consulting
C
Someone from OH, Middletown just viewed Operations Analyst at Core Specialty Insurance
A
Someone from OH, Strongsville just viewed Graphic Design Intern at Anvil NorthWest
W
Someone from OH, Uhrichsville just viewed Director Operations at WVUMedicine
Photo of the Rise User
Someone from OH, Cincinnati just viewed Game Director, Scripps Sports at The E.W. Scripps Company
Photo of the Rise User
Someone from OH, Lorain just viewed 3D Modeler / Graphic Designer - Freelance at Twine
o
Someone from OH, Oxford just viewed Digital Media & Marketing Student Intern at osu
Photo of the Rise User
Someone from OH, Beachwood just viewed Dispensary Tech at Ayr Wellness
Photo of the Rise User
Someone from OH, Springfield just viewed Front Desk Clerk at Marriott International
Photo of the Rise User
Someone from OH, Columbus just viewed Licensing and Regulatory Compliance Analyst at Sportradar
Photo of the Rise User
Someone from OH, Mansfield just viewed US_EN_Operations_Warehouse Loader (Part Time) at Red Bull
Photo of the Rise User
Someone from OH, Dublin just viewed Salesforce Administrator at Multiverse
Photo of the Rise User
Someone from OH, Pickerington just viewed Salesforce Solution Analyst at GoodLeap
S
Someone from OH, Pickerington just viewed Salesforce Project Manager at Studio Science
Photo of the Rise User
Someone from OH, Dayton just viewed Medical Receptionist at LifeStance Health
C
Someone from OH, Massillon just viewed RN Ambulatory - Outpatient Infusion Therapy at CCF