JOB DESCRIPTION

2025 BNY Summer Internship Program - Asset Servicing

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 welcome you to apply! When applying to this general internship program posting, our expert BNY Talent Acquisition Team may also review your resume for consideration across other open early career roles within the company.

We’re seeking future team members for our Asset Servicing Team with roles located in Boston, MA in hybrid positions.

Summer Internship Program

The BNY Summer Internship Program provides high-potential students with a well-rounded, rewarding 10-week internship experience, as well as an inside look into what it is like to work for a global financial services organization that has been innovating and serving clients since 1784. With projects specifically chosen to both challenge and develop participants, our summer interns will gain valuable real-world experiences while learning to work together in collaborative teams and building a robust network within BNY.

From day one, summer interns are immersed in BNY’s innovative and dynamic company culture as they will receive:

• Enterprise-led intern orientation program combined with ongoing an executive speaker series and virtual training curriculum designed specifically for summer interns
• Meaningful and challenging work assignments that deliver learning and skill development through practical work, mentorship, and training
• Career development and networking support from a host of corporate leaders including internship managers, senior and peer mentors, business stakeholders and a dedicated program manager
• Exposure to different areas of business throughout the organization
• Comprehensive professional etiquette and financial services fundamentals training, along with technical and business acumen development
• Understanding of BNY’s commitment to diversity and inclusion

A collaborative and supportive community with full commitment of top-level management to deliver a premier internship/talent pipeline program within the financial services industry.

Asset Servicing

Asset Servicing is a foundational business for BNY - it attracts increased client and investor attention whilst creating opportunities for other businesses across our organization. It is comprised of products and services that help our clients (fund managers, banks, insurance companies, etc.) with different parts of their operating models. The main products and services that we offer our clients include:

Custody: Services to hold, transact, and settle securities and cash to support global investment activities. Some of the core services include Custody and Safekeeping of assets; Tax and Regulation; and Trust and Depositary

Fund Services: Valuation services and end-investor solutions for retail and institutional funds. Enhanced accounting services to support complex capital-based fund structures. With 2 of the fastest growing areas with Alternatives Servicing and ETF Servicing.

Middle Office: Implement solutions to help our clients with their end-to-end investment analysis from post-trade execution to and through end stakeholder communication. Services include Trade Management; Derivatives and Collateral Management; and IBOR

To run and operate each business above, our organization is reliant on a wide range of teams inclusive of: Business Development / Relationship Management, Client Experience, Corporate partners (People Team, Operations, Finance, Technology), etc. It is an optimal time to be a part of the Asset Servicing team as we are market leaders with strong global partnerships across the industry. We lead with trust and innovation, with a commitment to collaborate with our clients to transform the financial services industry for the future.

Program Eligibility:

• Enrollment in a 4-year undergraduate degree program with a strong focus on business and technology, with specific emphasis on finance, economics, marketing, communication, and/or data analytics; however open to all majors with an individual interested in the financial services industry
• Individuals who will be graduating in December 2025 through June 2026
• Minimum cumulative GPA of 3.0 or better
• Well-rounded experience including demonstrated leadership skills
• Excellent written and oral communication skills
• Not require sponsorship for employment visa status (now or in the future) in the region where they apply.

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.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $65,000 and $75,000 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 (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.

ABOUT US

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

ABOUT THE TEAM

Global Operations is a client-service-driven organization whose talented and engaged team is dedicated to providing the most competitive services with the highest standards of ethics, quality and efficiency to our clients worldwide.

BNY offers an exciting array of future-forward careers at the intersection of business, finance and technology. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.

With 240 years of rich history and industry firsts, BNY has been built upon our ability to evolve, lead and drive new ideas at every turn. Today, we’re approximately 50k+ employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself.