Managing Director, Investment and Wealth Management Audit

BNY Mellon•New York, NY

About The Position

In this role, you’ll make an impact in the following ways: Deep understanding of fiduciary operations and regulations, investment management and portfolio management, broker-dealer services, and related operations and sales risks and controls. Robust people leadership experience, leading and motivating teams of scale while collaborating in a matrixed organization. Demonstrated ability to solve problems, prioritize decisions, and successfully manage multiple projects in a high-pressure environment. Demonstrated ability to embrace innovation and manage change. Design, implement, and continuously enhance a robust Investments and Wealth Management audit program that addresses key risks and regulatory requirements globally. Lead and manage a diverse, global team of auditors, providing guidance, mentorship, and performance oversight. Serve as a subject matter expert on fiduciary duties, investment risk, portfolio management, and related control environments. Act as a trusted advisor to internal audit teams, offering technical expertise and strategic insights to improve audit quality and effectiveness. Engage with senior leaders and relevant Board committees to communicate audit findings, influence risk mitigation strategies, and promote a strong control culture. Maintain up-to-date knowledge of regulatory developments, audit trends, and industry best practices relevant to Investments and Wealth Management. Collaborate with global regulators and external stakeholders as needed, leveraging experience to navigate complex regulatory landscapes. Drive continuous improvement initiatives within the audit function to enhance efficiency, coverage, and impact.

Requirements

Bachelor's degree or equivalent combination of education and work experience required.
Minimum 15 years of progressive experience in internal audit, risk management, or related fields within financial services, banking, or insurance sectors.
Proven track record managing global audit teams and complex audit programs at a senior leadership level.
Deep understanding of fiduciary responsibilities, investment risk management, portfolio management processes, and associated control frameworks.
Strong knowledge of regulatory requirements affecting Investments and Wealth Management, including experience with global regulators preferred.
Excellent advisory, negotiation, and influencing skills with the gravitas to engage effectively with senior executives and board members.
Demonstrated ability to think strategically and execute tactically in a dynamic, global environment.

Nice To Haves

Degree in accounting, finance, or relevant specialty preferred.
MBA, CPA, CFA or related certifications preferred.
Experience with global regulators preferred.

Responsibilities

Design, implement, and continuously enhance a robust Investments and Wealth Management audit program that addresses key risks and regulatory requirements globally.
Lead and manage a diverse, global team of auditors, providing guidance, mentorship, and performance oversight.
Serve as a subject matter expert on fiduciary duties, investment risk, portfolio management, and related control environments.
Act as a trusted advisor to internal audit teams, offering technical expertise and strategic insights to improve audit quality and effectiveness.
Engage with senior leaders and relevant Board committees to communicate audit findings, influence risk mitigation strategies, and promote a strong control culture.
Maintain up-to-date knowledge of regulatory developments, audit trends, and industry best practices relevant to Investments and Wealth Management.
Collaborate with global regulators and external stakeholders as needed, leveraging experience to navigate complex regulatory landscapes.
Drive continuous improvement initiatives within the audit function to enhance efficiency, coverage, and impact.