Vice President, Auditor, Clearance and Collateral Management

BNY Mellon • New York, NY

6d • $68,000 - $160,000

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 located in New York, NY or Jersey City, NJ, and focuses primarily on audits of trade clearing and settlement and collateral management services. The successful candidate will lead or participate in complex global audit assignments, execute audit work in accordance with established methodologies, communicate issues and challenge management on remediation, and maintain current knowledge of industry practices and regulatory requirements. Knowledge of U.S. government securities clearing and tri-party settlement services is a plus.

Requirements

• At least 7 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 team-player skills 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 and 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 focused on trade clearing and settlement and collateral management services.
• Drive or participate in all phases of audit project execution, including planning, fieldwork, and reporting, in accordance with audit methodologies.
• Conduct walkthroughs with process owners; document results in narratives or flowcharts; identify and document risks and controls; develop and execute testing strategies; prepare 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 confirm corrective actions have been implemented appropriately and, when necessary, test their design, operating effectiveness, and sustainability.
• Build strong 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 in covered businesses.
• Apply advanced analytical problem-solving skills and assist others in resolving complex issues and identifying innovative solutions.
• Identify opportunities to use AI and automation and participate in advancing recommendations for software support requests.
• Maintain up-to-date knowledge of the industry, best practices, and regulatory requirements.

Benefits

• Competitive compensation
• Benefits and wellbeing programs
• Flexible global resources and tools
• Generous paid leaves
• Paid volunteer time
• Commission earnings, discretionary bonuses, and short- and long-term incentive packages may be included depending on the position

What This Job Offers

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