Vice President, Sr. Auditor

BNY Mellon•New York, NY

1d•$69,000 - $160,000

About The Position

In this role, you will make an impact by overseeing risk-focused audit activities in accordance with Internal Audit policies, methodologies, and standards to identify meaningful issues, risks, and other exposures in areas being audited. You will collaborate with the Audit Leadership team to determine and prioritize regulatory priorities and business strategies. You will work as an “in-charge” on audits and/or regulatory validations related to Swap Dealer Risk Management, market risk management, global markets trading, securities finance, liquidity and margin services. You will be familiar with key aspects of the Market Risk Management (MRM) framework including market risk regulatory capital calculations, related regulatory reporting (FFIEC102), VaR/SVaR back testing, market risk limits, covered position recognition, and implementation of forthcoming Fundamental Review of the Trading Book (FRTB) requirements. You will have demonstrated ability to articulate difficult concepts to others, adapting communication methods/approaches as necessary. You will provide Senior Management with recommendations and consultation to improve and reimagine audit processes and practices. You will identify inconsistencies with the control environment, regulatory requirements, and best practices and initiate the development of a structure or solution to address the issue(s). You will possess strong project management skills, creating long- and short-term plans, including setting targets for milestones and adhering to deadlines. You will work with relevant stakeholders to deliver, monitor, and communicate progress towards goals. You will identify and provide recommendations on improvements across the organization. You will identify opportunities for the use of automation and make recommendations for software support requests. While there are no direct reports, you will demonstrate leadership through work guidance and training of less experienced peers and through advice to assigned clients.

Requirements

Bachelor's degree or equivalent combination of education and work experience required.
7-10 years of total work experience preferred.
Prior experience in Internal Audit and/or Knowledge and experience in the following areas preferred:
Market Risk Management; including global regulatory requirements
Capital Markets, including: Fixed income & Equities Trading, Broker Dealer compliance, Foreign Exchange Trading (Spot, Forwards, Derivative. Options), Derivatives Trading (Interest Rates/Equity), Swap Dealer (CFTC Rule Compliance), Securities Finance, Liquidity and Margin services
Familiarity with new innovative AI-enabled audit testing and continuous auditing concepts is a plus.
Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.

Nice To Haves

Familiarity with new innovative AI-enabled audit testing and continuous auditing concepts is a plus.

Responsibilities

Oversees risk-focused audit activities, in accordance with Internal Audit policies, methodologies, and standards to identify meaningful issues, risks and other exposures in areas being audited.
Collaborating with Audit Leadership team to determine and prioritize regulatory priorities and business strategies.
Working as an “in-charge” on audits and/or regulatory validations related to Swap Dealer Risk Management, market risk management, global markets trading, securities finance, liquidity and margin services.
Familiar with key aspects of the Market Risk Management (MRM) framework including market risk regulatory capital calculations, related regulatory reporting (FFIEC102), VaR/SVaR back testing, market risk limits, covered position recognition, implementation of forthcoming Fundamental Review of the Trading Book (FRTB) requirements. etc.
Has demonstrated ability to articulate difficult concepts to others, adapting communication methods/approaches as necessary.
Providing Senior Management with recommendations and consultation to improve reimagine audit processes and practices.
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).
Strong project management skills creating long- and short-term plans, including setting targets for milestones and adhering to deadlines.
Working with relevant stakeholders to deliver, monitor and communicate progress towards goals.
Identifying and providing recommendations on improvements across the organization
Identifies opportunities for the use of automation and makes recommendations for software support requests.
No direct reports. Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.