Senior Director, Line of Business Risk Manager

BNY External Career Site • New York, NY

108d • $200,000 - $400,000

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 and champions of inclusion, 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 and Coverage Lead to join our Operational Risk team supporting Treasury Services. This role is located in New York City.

Requirements

• Bachelor’s degree with a focus in business, finance, or related discipline.
• 12-15 years prior work experience in a global, financial or professional services firm.
• Prior experience in Treasury Services in first or second line of defense.
• Strong working knowledge of global regulatory environment and risk frameworks.
• Exceptional interpersonal skills with ability to influence a diverse set of stakeholders at all levels.
• Prior experience managing a team of people, with ability to manage multiple deliverables and competing priorities.
• Excellent technical and strategic risk skills including analytical, critical thinking and data analytics.
• Exceptional 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.

Responsibilities

• Lead the second line of defense operational risk management coverage for our Treasury Services Platform.
• Oversee risks related to Treasury Services impact of payment systems, cash clearing, FX settlement, liquidity management, cash & credit management, Banking as a Service, and global trade finance.
• Define and execute the global operational risk management framework across Treasury Services Platform globally.
• Lead the identification, assessment, monitoring, and mitigation of key operations risks in the Treasury Services Platform.
• Ensure resilience and control effectiveness in large scale global platforms and products.
• Engage with product and technology teams to ensure safe and scalable innovation and appropriate protocols to mitigate execution risk.
• Provide effective risk management challenge and oversight of change initiatives, ensuring risks are identified, assessed, and mitigated effectively.
• Anticipate emerging risks and advise leadership on strategic response.
• Drive alignment between global standards and local operational requirements.
• Partner with Platform leadership to embed a strong risk culture and drive adherence to policies, regulations, and industry standards.
• Communicate risk insights effectively to senior leadership and stakeholders.
• Serve as the senior point of contact for the business and auditors on Treasury Services risk matters.
• Present at global forums and represent Operational Risk at committees and engagements.
• Drive continuous improvement initiatives to simplify risk processes and leverage technology for enhanced risk oversight.
• Oversee and review risk incidents and ensure remediation efforts are appropriate.
• Prepare concise executive-level presentations and reports for governance and regulatory engagements.

Benefits

• Highly competitive compensation, benefits, and wellbeing programs.
• Access to flexible global resources and tools for your life’s journey.
• Generous paid leaves, including paid volunteer time.
• Base salary expected to be between $200,000 and $400,000 per year.
• Commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees