Vice President, Operational Risk Coverage

BNY MellonNew York, NY
3d$81,000 - $165,000

About The Position

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, Operational Risk Coverage to join our Enterprise Risk Management team. This role is located in New York, NY or Pittsburgh, PA. In this role, you’ll make an impact in the following ways:

Requirements

  • Strong communications skills with the ability to synthesize complex, quantitative information into executive-ready content.
  • Experience working with senior management.
  • Ability to work in a fast-paced environment with minimal guidance and a sense of ownership.
  • A proactive, results-driven, self-motivated team player.
  • Operational risk experience, within business and/or risk management
  • Experience in custody, fund & investor solutions, middle office, and operations.

Nice To Haves

  • Familiarity with enterprise risk management frameworks (risk identification, risk appetite, etc.) is not required but valuable to the role.

Responsibilities

  • Serve as the primary liaison to business areas within your risk focus, including with senior business leads and SMEs within Risk & Compliance.
  • Manage quarterly Risk ID processes as well as ongoing risk identification/emerging risks.
  • Monitor risk metrics; ensure oversight of risk appetite limits including escalation of breaches within 1st and 2nd line chains.
  • Contribute to thematic commentary and identification of horizontal issues, including as part of key risk reports.
  • Provide input to scenario design/key risks.
  • Monitor for ad hoc stress events, concerns, incidents, issues and engage with business and 2nd line to connect with relevant processes (heightened risk monitoring, crisis response, etc.).
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