Vice President, Auditor, Clearance and Collateral Management

BNY Mellon • New York, NY

6d • Onsite

About The Position

BNY is seeking a Vice President, Auditor, Clearance and Collateral Management to join its Investment Services Internal Audit team. The role is based in New York, NY, or Jersey City, NJ, and focuses primarily on auditing trade clearing and settlement and collateral management services. Experience with U.S. government securities clearing and tri-party settlement services is a plus.

The successful candidate will lead or participate in complex global audit assignments and execute all phases of audit projects in accordance with audit methodologies. This includes assessing risks and controls, developing and performing testing, documenting work and conclusions, and communicating potential issues. The role also involves following up on remediation, maintaining stakeholder relationships, monitoring changes in risk conditions, applying analytical problem-solving skills, identifying opportunities for AI and automation, and staying current on industry practices and regulatory requirements.

Requirements

• Seven or more years of experience in financial services or capital markets, specifically in Internal Audit, Risk, Compliance, or operational risk control testing.
• Strong knowledge of financial systems or exposure to larger financial institutions.
• Excellent teamwork and effective project management skills.
• Understanding of the application and interpretation of analytics results for audit.
• Critical thinking and problem-solving skills.

Nice To Haves

• Knowledge or experience in U.S. government securities clearing and tri-party settlement services.
• A degree in Finance or Accounting and/or a professional certification such as CPA, CFA, or CIA.

Responsibilities

• Lead or participate in complex global audit assignments, primarily covering trade clearing and settlement and collateral management services.
• Drive or participate in audit planning, fieldwork, and reporting in accordance with audit methodologies.
• Conduct walkthroughs with process owners and document results in narratives or flowcharts.
• Identify and document risks and controls; develop and execute testing strategies; prepare supporting workpapers; and document test exceptions and conclusions.
• Escalate potential audit issues to the Audit Manager and business management promptly.
• Identify and draft meaningful issues affecting the business under review and challenge management to develop appropriate remedial actions.
• Follow up on remedial actions to verify implementation and, when necessary, test their design, operating effectiveness, and sustainability.
• Build relationships with business and risk management stakeholders and colleagues across the global Internal Audit team.
• Engage in and document continuous monitoring activities to identify new or changing risk conditions.
• Apply advanced analytical problem-solving skills and help others resolve complex issues and identify innovative solutions.
• Identify opportunities to use AI and automation and participate in advancing recommendations for software support requests.
• Maintain current knowledge of the industry, best practices, and regulatory requirements.

Benefits

• Competitive compensation.
• Benefits and wellbeing programs.
• Flexible global resources and tools.
• Generous paid leaves, including paid volunteer time.
• Potential commission earnings, discretionary bonuses, and short- and long-term incentive packages, depending on the position.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed