Vice President, Auditor, Government Securities Services (GSS) and Clearance and Collateral Management (CCM)

BNY Mellon•New York, NY

29d•$68,000 - $160,000

About The Position

Vice President, Auditor, Government Securities Services (GSS) and Clearance and Collateral Management (CCM) 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 Vice President, Audit Project leader to join our Markets and Wealth Services Internal Audit Team. This role is located in Jersey City, New Jersey, Lake Mary, Florida or New York, New York. In this role, you’ll make an impact in the following ways: Lead or participate in the delivery of complex and challenging global audit assignments, with a primary focus on the trade clearing and settlement services. Knowledge and experience in U.S. government securities clearing and tri-party settlement services a plus. Drive or participate in all phases of audit project execution including planning, fieldwork, and reporting in accordance with audit methodologies. Perform walkthroughs with process owners; document results in narratives/flowcharts; identify and document risks and controls; develop and execute testing strategy; prepare supporting workpapers; and document test exceptions and conclusions. Elevate potential audit issues to the Audit Manager and business management as soon as they are identified. Identify and draft meaningful issues impacting the business under review and challenge management to develop appropriate remedial actions to address the issues identified. Follow-up on remedial actions to ensure corrective actions have been appropriately implemented and where necessary, test the design, operating effectiveness, and sustainability of implemented actions. Build strong relationships with key stakeholders in the business and risk management areas and with colleagues throughout the global Internal Audit team. Engage in and document Continuous Monitoring activities to identify new or changing risk conditions for the covered businesses. Apply advanced analytical problem-solving skills and assist others in solving complex issues and identifying innovative solutions. Contribute technical or specialized skill sets or business knowledge not readily available elsewhere in the department to solve audit issues. Identifies opportunities for the use of AI/automation and actively participate in advancing recommendations for software support requests. Maintain up-to-date knowledge of the industry, best practice and regulatory requirements. No direct reports. Demonstrate leadership through work guidance and training of less experienced peers and through advice to assigned clients. Contribute to the overall achievement of team goals. Carry out other ad-hoc tasks and projects as directed by audit management. Draws on extensive experience and/or specialist skills (e.g. technology, advanced operational knowledge, or first or second line experience, etc.) to plan and deliver audits. Applies advanced analytical problem-solving skills and leads others in solving complex issues and identifying innovative solutions. Identifies inconsistencies with the control environment, regulatory requirements and best practices and initiates the development of a structure or solution to address the issue(s).

Requirements

7 years or more of experience in financial services/ capital markets specifically within Internal Audit or Risk or Compliance/ operational risk control testing
Strong knowledge of financial systems or exposure to larger financial institutions
Degree in Finance or Accounting and/or professional certification like CPA, CFA, CIA preferred.
Excellent team player with effective project management skill
Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.
Candidates must have deep knowledge of clearing broker‑dealer functions and/or the full trade lifecycle, including:
Execution processes: Order routing, trade capture, and execution mechanics across various asset classes.
Clearing operations: Trade comparison, affirmation, matching, and novation; understanding how clearing brokers mitigate counterparty risk and ensure post‑trade data accuracy.
Settlement processes: End‑to‑end settlement cycles (e.g., T+1/T+2), including DVP/FOP, settlement instructions, fails management, and corporate‑action processing.
Custody services: Asset safeguarding, custody controls, segregation requirements, reconciliations, asset servicing, and books‑and‑records responsibilities.
Strong working knowledge of the regulatory environment governing financial services, including:
U.S. securities laws and regulatory structure (e.g., Securities Exchange Act of 1934).
FINRA rules applicable to broker‑dealers, including supervision, margin, customer protection, communications, and reporting.
SEC requirements such as customer asset protection (Rule 15c3‑3), net capital (Rule 15c3‑1), and recordkeeping/reporting obligations.

Nice To Haves

Knowledge and experience in U.S. government securities clearing and tri-party settlement services a plus.
Degree in Finance or Accounting and/or professional certification like CPA, CFA, CIA preferred.

Responsibilities

Lead or participate in the delivery of complex and challenging global audit assignments, with a primary focus on the trade clearing and settlement services.
Drive or participate in all phases of audit project execution including planning, fieldwork, and reporting in accordance with audit methodologies.
Perform walkthroughs with process owners; document results in narratives/flowcharts; identify and document risks and controls; develop and execute testing strategy; prepare supporting workpapers; and document test exceptions and conclusions.
Elevate potential audit issues to the Audit Manager and business management as soon as they are identified.
Identify and draft meaningful issues impacting the business under review and challenge management to develop appropriate remedial actions to address the issues identified.
Follow-up on remedial actions to ensure corrective actions have been appropriately implemented and where necessary, test the design, operating effectiveness, and sustainability of implemented actions.
Build strong relationships with key stakeholders in the business and risk management areas and with colleagues throughout the global Internal Audit team.
Engage in and document Continuous Monitoring activities to identify new or changing risk conditions for the covered businesses.
Apply advanced analytical problem-solving skills and assist others in solving complex issues and identifying innovative solutions.
Contribute technical or specialized skill sets or business knowledge not readily available elsewhere in the department to solve audit issues.
Identifies opportunities for the use of AI/automation and actively participate in advancing recommendations for software support requests.
Maintain up-to-date knowledge of the industry, best practice and regulatory requirements.
No direct reports. Demonstrate leadership through work guidance and training of less experienced peers and through advice to assigned clients.
Contribute to the overall achievement of team goals.
Carry out other ad-hoc tasks and projects as directed by audit management.
Draws on extensive experience and/or specialist skills (e.g. technology, advanced operational knowledge, or first or second line experience, etc.) to plan and deliver audits.
Applies advanced analytical problem-solving skills and leads others in solving complex issues and identifying innovative solutions.
Identifies inconsistencies with the control environment, regulatory requirements and best practices and initiates the development of a structure or solution to address the issue(s).

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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