Senior Director, Corporate Operational Risk Manager

BNY Mellon • New York, NY

5d

About The Position

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. We’re seeking a future team member for the role of Senior Director, Fraud Risk Management to join our second line of defense Operational Risk team. This role is located in New York City. In this role, you’ll make an impact in the following ways: Drive informed risk management decision making and practices across the firm by providing insights and transparency into the firm’s fraud risk profile. Lead a second line of defense team with responsibilities to identify fraud risk areas, concerns, patterns and trends. Analyze the threat landscape to identify emerging risk areas and understand fraud scenarios relevant for the firm. Work with first line to ensure fraud risks are well managed and control enhancements are continuously being reviewed and prioritized, appropriately. Enhance second line of defense’s ability to monitor the firm’s fraud risk profile using data analytics and tools including operational risk programs, incident and risk exposure data. Drive consistent and effective risk challenge and oversight practices for fraud risk across the firm. Coordinate and collaborate with other teams and departments, such as Compliance, Legal, Engineering, Audit, and operations to drive a consistent and integrated approach to fraud risk management. Conduct periodic reviews of the fraud risk management activities and controls and provide timely reports on the issues and recommendations to senior management and relevant stakeholders.

Requirements

• 15 years prior work experience in a global, financial or professional services firm; payments related and consumer fraud experience, preferred.
• Prior fraud risk experience in first or second line roles, including framework and control environment activities (e.g. policies, procedures, training, reporting, escalation, mitigation actions, and best practices).
• Knowledge of emerging fraud trends, threats, technologies, and industry solutions and enhancements.
• Prior experience managing a team of people, with ability to manage multiple deliverables and competing priorities.
• Strong technical risk skills including analytical, critical thinking and data analytics.
• Excellent interpersonal skills with the ability to interact effectively with colleagues across all lines of defense.
• Excellent written and verbal communication skills to interact with colleagues and present to internal and external stakeholders.
• Ability to learn, assimilate new information quickly and adjust to a changing environment.
• Bachelor’s degree with a focus in business, finance, or related discipline are preferred.
• Relevant industry qualifications are an advantage.

Responsibilities

• Drive informed risk management decision making and practices across the firm by providing insights and transparency into the firm’s fraud risk profile.
• Lead a second line of defense team with responsibilities to identify fraud risk areas, concerns, patterns and trends.
• Analyze the threat landscape to identify emerging risk areas and understand fraud scenarios relevant for the firm.
• Work with first line to ensure fraud risks are well managed and control enhancements are continuously being reviewed and prioritized, appropriately.
• Enhance second line of defense’s ability to monitor the firm’s fraud risk profile using data analytics and tools including operational risk programs, incident and risk exposure data.
• Drive consistent and effective risk challenge and oversight practices for fraud risk across the firm.
• Coordinate and collaborate with other teams and departments, such as Compliance, Legal, Engineering, Audit, and operations to drive a consistent and integrated approach to fraud risk management.
• Conduct periodic reviews of the fraud risk management activities and controls and provide timely reports on the issues and recommendations to senior management and relevant stakeholders.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director