Director, Benefits Strategy

BNY Mellon • New York, NY

1d • $127,000 - $240,000

About The Position

Director, Employee Benefits Strategy 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, 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 Director, Employee Benefits Strategy to join our People Team organization. This role is located in New York. In this role, you’ll make an impact in the following ways:

Requirements

• Bachelor’s degree in HR, Finance, or related field required.
• 10 + years progressive experience in HR, Benefits, or Total Rewards, with at least 5+ years leading complex, cross-functional programs.
• Demonstrated success in benefits strategy, plan design, and financial modeling with working knowledge of actuarial concepts.
• Strong program management discipline including OKRs, governance, sequencing, and dependency management.
• Executive communication acumen with ability to synthesize complex topics into clear, actionable narratives and materials.
• Analytical strength with advanced Excel/Sheets skills and experience with analytics/BI tools (e.g., Power BI, Tableau); comfortable with HRIS and benefits administration systems.
• Thorough knowledge of applicable regulations and plan governance practices ensuring risk and compliance fluency.
• People leadership skills with ability to lead matrixed teams and influence senior stakeholders without direct authority.

Responsibilities

• Assist Head of Global Benefits in defining benefits philosophy and multi-year roadmap.
• Translate executive goals into clear OKRs, annual plans, and measurable outcomes.
• Partner with Finance to forecast cost trends, set budgets, optimize plan design, and assess ROI of wellbeing programs.
• Evaluate offerings against peer set and labor market trends; propose enhancements balancing employee value with financial sustainability.
• Build performance scorecards, dashboards, and analytics to inform trade-offs, investments, and course-corrections.
• Prepare executive briefings, narratives, dashboards, and materials; partner with Corporate Communications on employee campaigns and updates.
• Lead change management and adoption plans including communications, training, and manager enablement.
• Improve employee experience by enhancing benefits communications, navigation, and support through digital tools and guided journeys.
• Connect leaders across Finance, Legal, Risk, Procurement, Technology, and People functions to accelerate decisions and resolve issues.
• Model continuous improvement, collaboration, clarity, accountability, and transparency across teams.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director