Senior Vice President, Model Governance Manager
About The Position
We’re seeking a future team member for the role of Senior Vice President, Model Governance Manager to join our Model Risk Validation team. This role is located in New York City. 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.
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.
Benefits
- highly competitive compensation
- benefits
- wellbeing programs
- access to flexible global resources and tools for your life’s journey
- generous paid leaves
- paid volunteer time
- 401(k) plan
- Company-sponsored medical plan
- Company-sponsored dental plan
- Company-sponsored vision plan
- basic life insurance plans for the employee and the employee’s eligible dependents
- various paid time off benefits (such as vacation and sick time)
- annual discretionary incentive award
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Executive
