Senior Director, Investment and Wealth Management Audit

BNY Mellon • New York, NY

5d

About The Position

Senior Director, Investment and Wealth Management Audit 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 are seeking a highly experienced Senior Director Senior Audit professional, to lead the development and execution of a comprehensive audit program focused on Investments and Wealth Management. This role requires a seasoned professional with deep expertise in fiduciary responsibilities, investment risk, and portfolio management controls. The successful candidate will build a fit-for-purpose audit framework aligned with the latest regulatory expectations and industry best practices, while managing and advising global audit teams. This role is located in New York, New York. 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. Degree in accounting, finance, or relevant specialty preferred.
• 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

• MBA, CPA, CFA or related certifications 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.

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