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Senior Vice President, Business Risk Management
2 months ago
Bring your vision. Shape the future.
At BNY Mellon, we offer a dynamic range of innovative career opportunities at the crossroads of finance, business, and technology. As a leading global asset management and banking institution, we oversee trillions of dollars in assets, custody, and administration. Recognized as the 'bank of banks,' we collaborate with 97% of the world's premier banks, guiding our clients into the digital age.
With a legacy spanning over 238 years, BNY Mellon has demonstrated an unwavering commitment to evolution, leadership, and the pursuit of groundbreaking ideas. Today, our team comprises approximately 50,000 professionals across 35 countries, fostering a culture that encourages growth, risk-taking, experimentation, and authenticity. This embodies what #LifeAtBNYMellon signifies.
We are looking for a future team member for the role of Senior Vice President, Business Risk Management
to join our Chief Administrative Office [CAO] First Line of Defense [1LOD] team. This team is responsible for control management within the CAO, and this position will serve as an Embedded Control Manager (ECM) supporting Global Workplace Experience. The Workplace Experience team is dedicated to crafting and executing strategies that ensure an exceptional and uniform experience for colleagues across the organization worldwide. The team consists of Global Corporate Services, Workplace Experience Design, and Workplace Data, collaborating across various functions to meet standards, deliver services, and implement technologies that align with the firm's objectives.
In this role, you will have a significant impact in the following areas:
- Oversee processes that identify, document, assess, and mitigate risks while monitoring the effectiveness of the control environment for Workplace Experience, including the management of the Risk and Control Self-Assessment (RCSA).
- Build collaborative relationships with Risk Management, Compliance, Audit teams, and Workplace Experience control owners to ensure timely completion of risk-related tasks, issue resolution, and enhancement implementation.
- Coordinate and manage interactions with internal and external Audit and second-line teams.
- Monitor and challenge Workplace Experience activities, promoting awareness and adherence to the risk management framework.
- Evaluate Workplace Experience controls to ensure effective design, operation, and sustainability.
- Conduct process reviews and control assessments to identify gaps and process improvements, contributing to the development of processes and controls for risk management.
- Develop and track Key Risk Indicators (KRIs) and other metrics to assess control performance against risk appetites and thresholds.
- Lead regular risk and control meetings to report on risk status, escalate issues, and foster a strong culture of effective risk management within Workplace Experience.
- Establish trusted relationships with Workplace Experience, positioning yourself as a subject matter expert in BNY Mellon's risk management practices and a primary contact for any risk or control concerns.
- Collaborate with Workplace Experience to identify and implement opportunities for streamlining and automating control execution, testing, and monitoring.
- Partner with other CAO teams to support the implementation of the bank's strategies for effective control management.
- Expertise in Operational Risk Management processes and associated frameworks, including risk and control assessments (RCSAs), internal controls development and testing, and gap/issue analysis and remediation.
- Strong knowledge and understanding of the Enterprise Risk Management Framework, along with familiarity with technology risk frameworks and processes.
- Ability to work independently under tight deadlines and competing priorities, demonstrating proactivity in planning and executing reviews, and promptly raising challenges or concerns to team leaders and managers.
- Ability to engage with stakeholders across the Three Lines of Defense.
- Capacity to collaborate and challenge with professionalism and credibility.
- Excellent communication and influencing skills to manage diverse stakeholders and perspectives.
- Strong presentation development and delivery skills, with experience leading workshops and forums and presenting to senior audiences.
- Experience coordinating or conducting internal audit examinations.
- Business analysis and technical experience within a complex ecosystem, including multiple system applications, is preferred, along with experience managing enterprise-wide programs.
- 10-12 years of relevant experience in enterprise risk management, control testing, and internal audit, with a solid understanding of the key steps in testing review/audit processes, preferably in a large bank, financial institution, public accounting firm, or other industries with robust implementation of the three lines of defense.
- A Bachelor's degree or an equivalent combination of education and experience is required.
- Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion.
- Bloomberg's Gender Equality Index (GEI).
- Human Rights Campaign Foundation, 100% score Corporate Equality Index.
- Best Places to Work for Disability Inclusion, Disability: IN - 100% score.
- 100 Best Workplaces for Innovators, Fast Company.
- CDP's Climate Change 'A List.'
BNY Mellon provides highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We offer access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and achieve your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through significant moments.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients, and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.