James (Jim) Malgieri, 60, currently of Marco Island, Florida, passed away peacefully surrounded by his loved ones on Tuesday, October 5, 2021, at Memorial Sloan Kettering Cancer Center in NYC.
Jim was born in Jersey City and grew up in West Long Branch. He attended Seton Hall University where he graduated Magna Cum Laude with a degree in Finance. He began his illustrious 34-year career on Wall Street in 1982 at Morgan Stanley. From there he held numerous managerial positions at Cantor Fitzgerald, Lehman Brothers, and most recently BNY Mellon where he spent the majority of his career. During his tenure at BNY Mellon, Jim went on to become Chief Executive of the Bank’s Broker-Dealer Services business and became one of the most senior figures in the Collateral Management and Securities Finance Business. During this time, his expertise helped in implementing necessary regulatory change within the short-term financing markets during the credit crisis of 2008. He retired in 2017 as EVP and Global Head of Collateral Management and Segregation Services.
More recently he was a Board Member of the President’s Advisory Group, Seton Hall University; the Board of Visitors, St. Joseph’s University; Saphyre; Standard Custody and Trust Company; and Strategic Advisor at Pirum. He received the Lifetime Achievement Award from Global ISF in 2012. He also received the Alumni Service Award from his beloved Seton Hall University in 2017.
Jim loved life and loved his family even more. His passion was golf. He was a member of Deal Golf & Country Club, Deal, and Island Country Club, Marco Island, FL. In his retirement on Marco Island he took up boating. While he wasn’t the most skilled boat captain, he was certainly the most fun! Every day was Saturday for him. He could be found with a glass of red wine in his hand and his toes in the sand. We will all miss him terribly.
He was predeceased by his parents Alice Malgieri in 1980 and John Malgieri in 2019. He is survived by his loving wife Vicki of 35 years, daughters Alyssa (Chris) Osorio, Danielle, and son James (Morgan), brother John (Stacey), sister Mary (Steve) Kelleher as well as several beloved nieces and nephews.
Visitation will be held on Friday, October 8 from 4 - 8 pm at the Damiano Funeral Home, 191 Franklin Avenue in Long Branch. Funeral, Saturday; 11:30 am from the funeral home with a Mass of Christian Burial celebrated at 12:30 pm at St. Jerome Church in West Long Branch. Interment will follow at Mt. Carmel Cemetery, West Long Branch. In lieu of flowers, the family requests donations be made in his memory to Memorial Sloan Kettering Cancer Center or Seton Hall Stillman School of Business. The family invites you to leave a letter of condolence by selecting the Tribute/Guestbook link above.
For the safety of all, face masks are required to be worn inside our facility.
Memorial Sloan Kettering Cancer Center
P.O. Box 5028, Hagerstown MD 21741-5028
Seton Hall Stillman School of Business-Gift Processing
457 Center Street, South Orange NJ 07079