Senior Associate - Digital Assets, Wallet Services Product Group 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 #LifeAtBNY is all about. Join us and be part of something extraordinary. We're seeking a future team member for the role of Senior Associate to join our Digital Assets, Wallet Services Product Group team. This role is located in New York, NY. Role Overview: As a Senior Associate in the Wallet Services Product Group, you will play a critical role in shaping and scaling our institutional-grade wallet infrastructure. You will support the design, implementation, and governance of wallet-related capabilities-including hot, cold, and contingency wallets-used to custody and manage digital assets across a range of token types and blockchain networks. This role requires a blend of product strategy, operational rigor, and technical fluency to ensure secure, scalable, and compliant wallet services. In this role, you'll make an impact in the following ways:
- Collaborate with Product Managers and Engineering to define wallet service requirements, including key management, transaction signing, and access controls.
- Support onboarding of third-party wallet providers and coordinate legal, compliance, and operational approvals.
- Maintain and enhance wallet infrastructure documentation, including operating procedures, risk controls, and incident response protocols.
- Monitor wallet performance, incident metrics, and Travel Rule compliance issues, and work with engineering and operations to resolve discrepancies.
- Participate in Digital Asset Custody governance forums and contribute to periodic asset reviews and onboarding evaluations.
- Liaise with internal stakeholders across Compliance, Risk, Legal, and Client Activation to ensure wallet services align with enterprise standards and client expectations.
- Be actively engaged in maintaining and enhancing the security program around wallet infrastructure, including key management, access controls, and incident response readiness.
To be successful in this role, we're seeking the following:
- 3-5 years of experience in digital assets, custody, fintech, or financial services product management.
- Must exhibit flexibility and be able to quickly adapt to a fast-paced, dynamic and sometimes ambiguous environment where new challenges arise and priorities shift.
- Strong understanding of wallet technologies (hot, cold, MPC), blockchain protocols, and digital asset transaction flows.
- Familiarity with regulatory frameworks and compliance requirements (e.g., OFAC, AML, Travel Rule).
- Experience working with third-party vendors and managing cross-functional projects.
- Excellent communication and documentation skills; ability to translate technical concepts for non-technical stakeholders.
- Proficiency in tools such as JIRA, Confluence, and Microsoft Office Suite.
- Experience with tokenized assets, stablecoins, or digital cash initiatives preferred.
- Exposure to enterprise onboarding platforms and custody account structures preferred.
- Prior involvement in DAC-related initiatives or governance processes preferred.
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 base salary for this position is expected to be between $58,000 and $110,000 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.
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