As Alternative Investment Managers expand across products, jurisdictions and distribution channels, their requirements increasingly extend beyond traditional Asset Servicing. BNY’s strategy is therefore focused on bringing together the breadth of the bank around clients, combining Asset Servicing with capabilities across Markets, Credit, Corporate Trust, Liquidity and other relevant solutions to deliver an integrated client proposition. This coordinated, enterprise-wide approach is an identified priority within BNY’s Alternatives growth strategy.
- BNY is seeking an impactful and highly experienced Director, Client Coverage / Alternatives to manage and develop strategic client relationships and play a broader leadership role in the continued growth of the Alternatives franchise. This role is located in London, UK.
- The successful candidate will bring deep knowledge of the Alternatives ecosystem together with a strong understanding of the broader banking landscape and the ability to translate client needs into co-ordinated opportunities across BNY.
- Success in this role demands a sophisticated understanding of how Alternative Investment Managers operate: how they raise and deploy capital, structure investment vehicles, manage liquidity and financing, access markets and evolve increasingly complex global operating models.
Role Overview & Key Responsibilities
- Own and grow strategic Alternative relationships, combining deep sector expertise with disciplined internal execution.
- Understand clients’ investment strategies, structures and operating models across Private Equity, Private Credit, Real Estate, infrastructure, hedge funds, secondaries and evolving evergreen and semi-liquid products.
- Translate retention and growth by connecting client needs with BNY capabilities across Asset Servicing, Markets, liquidity, FX, Credit, Financing and Corporate Trust.
- Maintain clear ownership and momentum from origination through solution design, commercial approval, on-boarding and delivery, ensuring opportunities are viable, executable and converted into tangible client and commercial outcomes.
- Develop and execute client account plans aligned to broader business and sales strategy and demonstrate a deep understanding of jurisdiction-specific fund structures and related legal or operational considerations relevant to Alternative clients.
Candidate Profile
- The successful candidate will be an established financial-services professional with significant experience working with sophisticated Alternative Investment Managers.
- Possess a broad understanding of the financial ecosystem supporting Alternative clients and be capable of moving confidently between detailed Asset Servicing conversations and broader strategic discussions concerning Financing, Markets, Liquidity, operating models and business growth.
- The individual must demonstrate the presence and credibility to engage senior clients while possessing the collaborative skills and persistence required to mobilise a complex global organisation behind those clients.
- Build a strong network across the organisation, identify opportunities and drive disciplined execution through to tangible client and commercial outcomes.
To be successful in this role, we are seeking the following:
- Sufficient years of relevant experience within financial services, with significant exposure to Alternative and Institutional clients.
- Strong track record in senior relationship management, client coverage, business development or a comparable commercially focused role.
- Deep knowledge of Alternative Investments and the operating models of Alternative Asset Managers.
- Strong understanding of Asset Servicing, Custody and Fund Administration, combined with credible knowledge of adjacent banking capabilities; Markets, Liquidity and Treasury Solutions, Credit and Financing, Corporate Trust and other services relevant to Alternative clients.
- Strong understanding of commercial economics, pricing, profitability and relationship-level revenue management.
- Experience working across complex global organisations and co-ordinating stakeholders across multiple functions, jurisdictions and seniority levels.
- Strong executive communication, negotiation and presentation skills.
- Bachelor’s degree or equivalent professional experience.
- Relevant local or regional licences or certifications where required.
Leadership and Personal Capabilities
- Client Leadership – builds trusted senior relationships, anticipates clients’ strategic priorities and converts insight into meaningful commercial outcomes.
- Enterprise Mindset – connects the full breadth of BNY capabilities to client needs, expanding relationships beyond individual products and across the Alternatives ecosystem.
- Internal Influence – builds powerful networks across BNY and mobilises the right stakeholders to solve complex client challenges and capture opportunities.
- Execution and Commercial Discipline – drives opportunities from strategy through delivery, balancing client value, revenue, profitability, operational capacity and risk.
- Strategic Communication – communicates complex issues with clarity and influence, stays ahead of Alternatives market developments and translates change into opportunities for clients and BNY.
About Us
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. About the TeamAt 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.
Skills Required
- Sufficient relevant experience within financial services, with significant exposure to alternative and institutional clients
- Strong track record in senior relationship management, client coverage, business development, or a comparable commercially focused role
- Deep knowledge of alternative investments and alternative asset managers’ operating models
- Strong understanding of asset servicing, custody, and fund administration
- Credible knowledge of markets, liquidity and treasury solutions, credit and financing, corporate trust, and related banking services
- Understanding of commercial economics, pricing, profitability, and relationship-level revenue management
- Experience coordinating stakeholders across complex global organizations, functions, jurisdictions, and seniority levels
- Strong executive communication, negotiation, and presentation skills
- Bachelor’s degree or equivalent professional experience
- Relevant local or regional licenses or certifications where required
BNY Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about BNY and has not been reviewed or approved by BNY.
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Healthcare Strength — Health coverage includes comprehensive options with a $0‑premium plan for eligible lower earners, expanded mental‑health support with personalized therapy, and strong income protection through short‑ and long‑term disability. These features have been recently enhanced and are paired with dental and vision coverage.
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Parental & Family Support — Parental leave provides 16 weeks of fully paid time for all parents, with added support such as adoption assistance. This breadth offers strong coverage for major family events.
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Retirement Support — The 401(k) program includes a company match and Roth options to support long‑term savings. Additional financial programs like tuition assistance and savings vehicles complement retirement readiness.
BNY Insights
What We Do
We help make money work for the world — managing it, moving it and keeping it safe. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investable assets. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. For 240 years we have partnered alongside our clients to create solutions that benefit businesses, communities and people everywhere.

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