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Vice President, Audit Project Leader
2 months ago
Vice President, Audit Project Leader (Credit Risk)
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.
We're seeking a future team member for the role of Vice President II, Auditor - Credit Risk to join our Internal Audit team. This role is located in New York, NY; Pittsburgh, PA; or Lake Mary, FL in a Hybrid work environment.
About the team:
Internal Audit is the Third Line of Defense within our Bank's risk and control framework and functions as an independent, objective assurance group. This role is part of the Credit Risk Audit team which is responsible for independent coverage of the Global Credit Risk Framework including the risk undertaken and owned by the Lines of Business (First Line of Defense) as well as the Credit Risk Management function (Second Line of Defense) which ensures the effective management, implementation, and adherence to the credit risk management strategy for the Bank. BNY is exposed to traditional credit risk in its direct lending products, as well as counterparty and intraday credit risk from supporting various processing activities.
In this role, you'll make an impact in the following ways:
- Leads or performs audit related activities and works as a team member on audit assignments.
- Knowledge and experience in counterparty, intraday and direct credit facilities.
- Performs risk-focused fieldwork, in accordance with Internal Audit policies, methodologies, and standards in order to identify meaningful issues, risks and other exposures in the area of the company being audited.
- Draws on extensive experience and/or specialist skills to plan and deliver audits.
- Specialists may have different specific requirements but all roles involve management and problem solving with little day-to-day oversight.
- Applies advanced analytical problem-solving skills and leads others in solving complex issues and identifying innovative solutions.
- In such cases, contributes technical or specialized skills sets or business knowledge not readily available elsewhere in the department to solve audit issues.
- 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).
- Identifies opportunities for the use of automation and actively takes part in advancing 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.
- Contributes to the achievement of team goals.
To be successful in this role, we're seeking the following:
- Bachelor's degree or equivalent combination of education and work experience required.
- Degree in Accounting, Finance, Business, or relevant specialty
- 7-10 years of total work experience preferred
- Prior experience in Audit or the relevant specialty area preferred.
- Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.
At BNY, our culture speaks for itself. Here's a few of our awards:
- America's Most Innovative Companies, Fortune, 2024
- World's Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score,
- Best Places to Work for Disability Inclusion , Disability: IN - 100% score,
- "Most Just Companies", Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
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.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $81,000 and $158,500 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: .