Carolyn Weinberg

Carolyn Weinberg

Chief Product and Innovation Officer at BNY

Harvard Business School

View LinkedIn Profile
Experience27+ Years

Executive Overview

Carolyn Weinberg is the Chief Solutions Innovation Officer at BNY and a member of the company’s Executive Committee. Prior to joining BNY, Carolyn served as Chief Product Innovation Officer of BlackRock, where she was responsible for driving the product innovation, development, and commercialization of products globally for the world's largest asset manager. Carolyn and her teams mobilized the firm to build new product lines, forge strategic partnerships, and create thought leadership in support of BlackRock’s growth priorities such as transition finance, fixed income, digital assets, and private markets. Earlier in her career at BlackRock, Carolyn was Global Head of Product, iShares and Index Investments and drove the product strategy, development, and commercialization globally. In this role, she was instrumental in driving BlackRock’s growth in fixed income ETFs and sustainable indexing. She also grew strategic long-term partnerships, envisioned and created a sustainable index research team, and conceived and built new data and trading ventures. She has four times been included on Barron's list of "100 Most Influential Women in U.S. Finance." Before joining BlackRock in 2018, Carolyn created structured derivatives solutions for corporations at Citibank, where she was Head of the North America Corporate Solutions Group. Previously, she was Deutsche Bank's Head of Risk Solutions Structuring, a member of Morgan Stanley's Corporate Derivatives Group, and a consultant at McKinsey & Company. Carolyn graduated magna cum laude from Harvard College in applied mathematics and earned an MBA from Harvard Business School. Carolyn lives in New York City with her family and dog Gus - a Lagotto Romagnolo. She is an Executive Fellow at Harvard Business School, serves on the Board of The Allen-Stevenson School, the Dean’s Advisory Council of the Harvard Radcliffe Institute, and is an Ambassador of the Board of the U.S. Ski & Snowboard Foundation.

Career Timeline

Professional employment history
  • BNYCurrent
    Feb 2025–Present· 1 yr 7 mos
    • Chief Product and Innovation OfficerCurrent
      Feb 2025–Present
  • Mar 2024–Present· 2 yrs 6 mos
    • Executive FellowCurrent
      Mar 2024–Present
  • Oct 2022–Present· 3 yrs 11 mos
    • Harvard Radcliffe Institute, Member of Dean’s Advisory CouncilCurrent
      Oct 2022–Present
  • Jun 2018–Jun 2024· 6 yrs
    • Chief Product Innovation Officer, co-Head of Global Product Group
      Feb 2023–Jun 2024
    • Global Head of Product, iShares and Index Investments
      Jun 2018–Feb 2023
  • Jul 2013–May 2018· 4 yrs 10 mos
    • Managing Director
      Jul 2013–May 2018
  • May 2007–Apr 2013· 5 yrs 11 mos
    • Managing Director in Corporate Derivatives
      May 2007–Apr 2013
  • Jun 2003–Apr 2007· 3 yrs 10 mos
    • Associate in Corporate Derivatives, Fixed Income
      Jun 2003–Apr 2007
  • 2002–2002· 0 mos
    • Associate
      2002–2002
  • Sep 1999–Jul 2002· 2 yrs 10 mos
    • Senior Business Analyst
      Sep 1999–Jul 2002

Education

MBA

Finance

Harvard Business School

BA

Applied Mathematics

Harvard University

Executive Relationship Map

Reports To
Carolyn Weinberg
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

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Skills & Expertise

13 of 13 skills
Investment BankingFinancial StructuringStructured ProductsFX OptionsTradingRatesFinancial ServicesFixed IncomeCapital MarketsCreditDerivativesInterest Rate DerivativesCredit Derivatives