Senior Vice President, Model Governance Manager

BNY Mellon • New York, NY

2d • Onsite

About The Position

The Senior Vice President, Model Governance Manager will join the Model Risk Validation team in New York City. This role involves maintaining Model Risk Management (MRM) policies, standards, and procedures, proposing changes to model risk processes and controls, and supporting governance and reporting through stakeholder meetings and committees. The manager will also support model risk communications and training, partner with BNY platforms for model identification and inventory completeness, and lead the development of a high-performing MRM organization. The position requires anticipating and responding to stakeholder requests, enhancing model risk processes, and ensuring practices align with industry best practices and regulatory expectations.

Requirements

• 12+ years of experience working in Model Risk Management
• Bachelor’s degree in quantitative or business discipline (e.g., Mathematics, Statistics, Economics, Finance, Engineering, Computer Science, Accounting, Risk Management, or Law), or an equivalent combination of education and directly relevant experience in risk, compliance, audit, or model governance.
• Governance proficiency: Demonstrated fluency in risk and control frameworks (e.g., lines of defense, RCSA, Internal Audit reliance/split) and the ability to translate regulatory expectations into practical business control requirements.
• Demonstrated record of thought leadership in model risk, quantitative risk management or related domains.
• Strong strategic leadership, stakeholder management and influencing skills, with the ability to provide credible challenge and partner effectively with senior executives, regulators and cross functional teams.
• Exceptional risk judgment and decision making capabilities, with the ability to balance innovation and business needs against model risk, regulatory expectations and the firm’s risk appetite.

Responsibilities

• Maintain MRM policies, standards, and procedures, and propose changes to model risk process and controls as needed.
• Support governance and reporting process by contributing to key stakeholder meetings, forums, and committees.
• Support model risk communications and trainings of model risk to MRM and key stakeholders.
• Partner with BNY platforms, businesses, and functions for the model identification process to ensure model inventory completeness.
• Build, lead and develop a high performing Model Risk Management organization by attracting and retaining talent, setting clear expectations and development pathways, and fostering a culture of independent thinking and constructive challenge.
• Anticipate and respond to stakeholder requests/meetings and enhance model risk process and ensure the function’s practices remain aligned with industry best practice and regulatory expectations.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees