Senior Vice President, Artificial Intelligence Risk

The Bank of New York Mellon•New York, NY

59d•$102,000 - $200,000

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, 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 Vice President to join our Risk and Compliance Organization team. This role is located in New York City In this role, you'll make an impact in the following ways: Sitting within the second line of defense at the intersection of the Operational and Technology Risk functions and will work as part of the broader AI Risk & Compliance Team to support and oversee BNY's AI Hub and Enterprise AI activity Reporting to the Senior Director, AI Risk, you will partner with teams across AI Hub, operations, engineering, legal, risk and compliance to support the development and execution of comprehensive risk management strategies for our artificial intelligence initiatives Drive informed risk management decision making and practices for the firm's artificial intelligence activities by providing insights and transparency into the operational and technology risk profile. Engage with first line of defense colleagues to identify risk areas, concerns, patterns and trends. Lead second line of defenses risk identification, assessment, monitoring, and reporting of risks relating to artificial intelligence activities (existing and emergent). Provide effective risk management challenge and oversight of artificial intelligence change initiatives, including new or modified products and process changes, ensuring risks are identified, assessed, and mitigated effectively. Collaborate with senior leadership to integrate risk management into decision-making and business processes. Ensure compliance with regulatory requirements and internal policies related to operational and technology risk. Communicate risk insights effectively to executive leadership and stakeholders to support informed risk-taking. 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 to minimize impact and prevent recurrence. Prepare concise executive-level presentations and reports for governance and regulatory engagements. Support ongoing education of stakeholders through tailored training on artificial intelligence and risk related matters. Stay current on market and regulatory developments affecting artificial intelligence and emerging technologies.

Requirements

Bachelor's Degree in Business, Engineering, Mathematics, Economics or related field is required; graduate degree preferred
6-10 years of prior work experience in a global, financial or professional services firm; operational risk and technology risk experience for artificial intelligence / emerging technologies; in first or second line of defense.
Working knowledge of regulatory environment and risk frameworks.
Strong interpersonal skills with ability to influence a diverse set of stakeholders at all levels.
Comfortable managing multiple priorities in a dynamic fast paced work environment.
Excellent organizational skills and attention to detail.
Innovative and solutions-driven problem solver.

Responsibilities

Sitting within the second line of defense at the intersection of the Operational and Technology Risk functions and will work as part of the broader AI Risk & Compliance Team to support and oversee BNY's AI Hub and Enterprise AI activity
Reporting to the Senior Director, AI Risk, you will partner with teams across AI Hub, operations, engineering, legal, risk and compliance to support the development and execution of comprehensive risk management strategies for our artificial intelligence initiatives
Drive informed risk management decision making and practices for the firm's artificial intelligence activities by providing insights and transparency into the operational and technology risk profile.
Engage with first line of defense colleagues to identify risk areas, concerns, patterns and trends.
Lead second line of defenses risk identification, assessment, monitoring, and reporting of risks relating to artificial intelligence activities (existing and emergent).
Provide effective risk management challenge and oversight of artificial intelligence change initiatives, including new or modified products and process changes, ensuring risks are identified, assessed, and mitigated effectively.
Collaborate with senior leadership to integrate risk management into decision-making and business processes.
Ensure compliance with regulatory requirements and internal policies related to operational and technology risk.
Communicate risk insights effectively to executive leadership and stakeholders to support informed risk-taking.
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 to minimize impact and prevent recurrence.
Prepare concise executive-level presentations and reports for governance and regulatory engagements.
Support ongoing education of stakeholders through tailored training on artificial intelligence and risk related matters.
Stay current on market and regulatory developments affecting artificial intelligence and emerging technologies.

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.

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