Vice President of Risk Governance

3 weeks ago


Pittsburgh, Pennsylvania, United States BNY Full time

The Vice President, Operational Risk role at BNY offers an exciting opportunity for a skilled risk professional to join our Asset Servicing Operational Risk team. In this role, you will play a key part in ensuring the effective identification, assessment, and mitigation of operational risks across our Fund Services business.

Your primary responsibility will be to provide guidance and oversight to the business lines, evaluating existing processes and developing new controls to address control gaps. You will direct the 1st line of defense's compliance with the Operational Risk Management Framework, identifying, assessing, and mitigating risks, and contributing to the development of processes and controls to manage risks.

You will be responsible for recommending modifications to reduce implementation risk, using strong influence with business line management to ensure compliance, risk and control documentation, and notification of all appropriate representatives and regulators. Additionally, you will provide reporting on outputs of risk management activities completed, including thematic reviews and independent assessments, suitable for Executive Management.

To be successful in this role, you will need a Bachelor's Degree or equivalent combination of education and experience, as well as ~8-10 years total work experience with 1-3 years of experience in operational risk preferred. A strong familiarity with either the Transfer Agency or Accounting products and operations is required, as well as an understanding of the Operational Risk Framework and associated risk tools, such as RCSAs and KRIs.

We offer highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. The base salary for this position is estimated to be around $180,000 - $230,000 per year, depending on experience and market location.



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