Daniel Mclelland
Manchester,Greater Manchester
Summary
Innovative leader with extensive experience in Banking & Finance, specializing in cash management, payments and institutional client relationships at a Global Systemically Important Bank (G-SIB). Proven expertise in leading RFP presentations, service delivery for Investment Managers, securing new business partnerships with Custody and Middle Office clients, and leveraging AI tools to drive process enhancements. Experienced in leading the operational implementation of industry-wide change initiatives such as ISO 20022 and client transition to cross-border payments through SWIFT GO.
Overview
13
13
years of professional experience
Work history
Head of EMEA Liquidity & Payments Operations
BNY
Manchester
2025.03 - Current
- Led a team of 45 people across Manchester, Frankfurt, Brussels and Pune locations, created scale by delivering headcount reduction of 20% in year one with increasing transaction volumes.
- Increased the STP rate for Payments by 0.75% to 98.5%.
- Delivered a 70% increase in automation of liquidity transfers, identified and generated a EUR 2mm saving in BNY's contribution to the European Central Bank's minimum reserve requirement.
- Automated liquidity forecasting decision-making by developing a machine learning model in conjunction with Engineering, resulting in a productivity gain equivalent to 4 FTEs.
- Nominated BNY Senior Direct Participant Representative for
CHAPS and all associated regulatory submissions to the Bank of England.
Head of EMEA Liquidity Operations
BNY
Manchester, Greater Manchester
2021.09 - 2025.03
- Developed and led a team of 20 people across Manchester, Frankfurt and Brussels locations, delivering a 70% increase in automation of liquidity transfers, identified and generated a EUR 2mm saving in BNY's contribution to the European Central Bank's minimum reserve requirement.
- Reduced operational headcount by 40% over a two year period through utilisation of AI tools and process re-engineering.
- Key leader in the successful deployment of ISO20022 changes over 12 months ahead of the market deadline.
- Nominated BNY Senior Direct Participant Representative for CHAPS and all associated regulatory submissions to the Bank of England.
Vice President, Group Manager
BNY
Manchester, Greater Manchester
2019.08 - 2021.09
- Group Manager for a team of 18 people, with two direct reporting managers, providing Corporate Actions, Portfolio Accounting and Derivatives processing
services to Global Investment Managers.
- BNY Middle Office representative at RFP presentations/meetings, contributing to BNY winning mandates from Liontrust and MetLife.
- Onboarded platinum clients such as Global Investment Managers T Rowe Price and MetLife on to the Eagle accounting platform.
Senior Associate (Manager)
BNY
2017.09 - 2019.12
- Manager of a team of 13 people providing Corporate Actions and Portfolio Accounting services to Global Investment Managers.
- Strategic planning for onboarding new clients and recruiting skilled talent.
- Building and maintaining relationships with Investment Managers.
- Ensured both internal and external KPIs and SLAs were adhered to.
Associate
BNY
Manchester, Greater Manchester
2015.04 - 2017.09
- Supervision of a team covering Corporate Actions and Portfolio Accounting for Middle Office clients.
- Ensured the Investment Book of Record was updated and priced accurately and in a timely manner.
Specialist & Senior Specialist
BNY
2012.12 - 2015.04
- Reviewer - Corporate Actions; Responsible for ensuring all Corporate Actions were notified, processed and priced accurately and in a timely manner.
Education
Investment Management Certificate (IMC) -
CFA Institute
Master of Arts - Economics with History
University of Central Lancashire
Preston2008-09
Skills
- Microsoft Excel
- Reconciliation
- Bloomberg
- Treasury
- Portfolio Accounting
- Real Time Gross Settlement
- SPSS
- Economics
- Relationship Management
- Payments
- Cash Management
Timeline
Head of EMEA Liquidity & Payments Operations
BNY
2025.03 - Current
Head of EMEA Liquidity Operations
BNY
2021.09 - 2025.03
Vice President, Group Manager
BNY
2019.08 - 2021.09
Senior Associate (Manager)
BNY
2017.09 - 2019.12
Associate
BNY
2015.04 - 2017.09
Specialist & Senior Specialist
BNY
2012.12 - 2015.04
Investment Management Certificate (IMC) -
CFA Institute
Master of Arts - Economics with History
University of Central Lancashire