Senior Vice President, Risk

Senior Vice President, Risk and Controls

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 Senior Vice President, Risk and Controls to join our Credit Services team. This role is located in New York City, NY.

Position Summary:

The Senior Vice President, Enterprise Risk and Controls provides strategic input, governance, and execution of risk management and control frameworks across the business in alignment with the foundational U.S. federal regulatory regime. This person will be assisting in safeguarding the business' operational integrity, regulatory compliance, and reputational standing by instituting risk management practices. The SVP partners with leadership, and cross-functional stakeholders to embed a culture of risk awareness, resilience, and continuous improvement throughout the business. 

Key Responsibilities

1. Business Risk Leadership

• Articulate and execute the risk management vision of the Control Lead, ensuring alignment with the business' mission, values, and strategic objectives set by the Credit Services Platform in alignment with the enterprise Control Hub.
• Assist with the design, implementation, and ongoing enhancement of business-wide risk and control frameworks, ensuring adaptability to evolving business landscapes and regulatory environments.
• Oversee the identification, assessment, and prioritization of systemic and emerging risks as assigned by the Control Lead ensuring timely escalation and mitigation at the highest organizational levels. 

2. Governance and Control Stewardship

• Assist with the establishment and maintenance of a robust governance structures for risk and control activities, ensuring clear accountability and transparency across all business units.
• Contributes to the development and adoption of key risk programs—including but not limited to Risk Control Self-Assessments, Key Risk Indicators, and Issue Management, ensuring their effectiveness and continuous improvement.
• Lead comprehensive control testing and assurance activities, providing strategic recommendations to executive leadership and the Board. 

3. Senior Level Stakeholder Engagement

• Cultivate and sustain influential relationships with key senior stakeholders, management, internal and external compliance, risk and audit partners.
• Serve as the POC between risk management, business operations, and assurance functions, ensuring seamless communication and alignment of objectives.
• Represent the business in governance forums, regulatory engagements, and assist advocating for best-in-class risk management standards. 

4. Strategic Risk Mitigation and Transformation

• Lead business-wide initiatives to proactively identify, assess, and mitigate operational, financial, technological, and reputational risks.
• Drive transformation programs to remediate control gaps, optimize processes, and implement innovative solutions, including automation and digitalization.
• Coordinate and implements dynamic risk assessment cycles, ensuring the business remains agile and responsive to emerging threats and opportunities. 

5. Regulatory Compliance and Assurance

• Oversee the preparation and submission of risk and compliance reports to executive management, ensuring accuracy, integrity, and timeliness.
• Ensure the business full compliance with all applicable laws, regulations, and industry standards, adapting frameworks to address new and evolving requirements.

6. Talent Development and Organizational Culture

• Champion business-wide training and development initiatives to elevate risk awareness and control competencies at all levels.
• Foster a culture of integrity, accountability, and continuous improvement, ensuring risk management is embedded in the organization's DNA.
• Mentor and develop high-performing teams, ensuring robust succession planning and leadership continuity. 

Qualifications

Education:

• Bachelor's degree in Business, Finance, Risk Management, or a related discipline is required; an advanced degree (MBA, MS, JD, or equivalent) is strongly preferred. 

Experience:

• Minimum of 10+ years of progressive experience in risk management, controls, or governance, with at least 5 years in senior leadership roles.
• Demonstrated expertise in leading enterprise risk initiatives within complex, multi-industry, or global organizations.
• Comprehensive knowledge of risk frameworks, governance structures, and regulatory environments across diverse sectors. 

Skills:

• Superior strategic, analytical, and problem-solving capabilities.
• Exceptional communication, influence, and stakeholder management skills, with a proven record of engaging Boards and executive committees.
• Uncompromising integrity, professionalism, and commitment to organizational excellence

At BNY, our culture speaks for itself, check out the latest BNY news at:

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Here's a few of our recent awards: 

• America's Most Innovative Companies, Fortune, 2025
• World's Most Admired Companies, Fortune 2025
• "Most Just Companies", Just Capital and CNBC, 2025

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 is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $102,000 and $218,000 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 BNY 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.