Director, Data Risk Management at BNY

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Jan, 26

Salary

225000.0

Posted On

14 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Data Risk, Data Governance, Enterprise Data Management, Operational Risk, Data Quality, Metadata, Lineage, Regulatory Frameworks, Data Architecture, Issue Management, Stakeholder Engagement, Communication Skills, Risk Metrics, Data Controls, Risk Culture, Collaboration

Industry

Financial Services

Description

Director, Data Risk Management 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 Director to join our Data Risk Management team. This role is located in New York City In this role, you'll make an impact in the following ways: As a Senior Vice President in the Data Risk Management team - part of the Chief Operational Risk Officer (CORO) organization within the broader Second Line Risk & Compliance function - this role serves as a key individual contributor with enterprise-wide visibility. This role plays a critical part in ensuring that data risks are appropriately identified, assessed, and mitigated in alignment with the firm's risk appetite and strategic objectives. The position involves regular engagement with senior stakeholders across the First Line of Defense, particularly those responsible for the enterprise Data Management Framework. Direct interaction is essential to provide independent second line oversight, challenge, and advisory support on the design and effectiveness of data-related frameworks, policies, processes, and controls. Lead the development, implementation, and continuous improvement of the enterprise-wide Data Risk Management Framework in alignment with the firm's Operational Risk strategy. Serve as a subject matter expert on data management, providing authoritative guidance on data governance, data quality, data architecture, and issue management practices. Partner with First Line of Defense stakeholders - including Data Practice lead and business-aligned data owners - to design and embed effective data controls, with a focus on accuracy, completeness, and fitness-for-purpose. Independently monitor and challenge the effectiveness of data risk management practices across business units, ensuring alignment with internal risk appetite and external regulatory expectations. Translate evolving regulatory requirements into actionable risk management initiatives and control enhancements. Support the identification, assessment, and escalation of data risks, and contribute to the development of risk metrics and reporting for senior management and governance forums. Promote a strong risk culture by fostering awareness of data risk and accountability across all levels of the organization. Collaborate with other Second Line functions (e.g., Operational Risk Officers, Technology Risk, Compliance) to ensure a cohesive and comprehensive approach to data risk oversight. To be successful in this role, we're seeking the following: The candidate must have a minimum of 10-12 years of total work experience, with a strong emphasis on data risk, data governance, or enterprise data management. Prior experience in an Operational Risk or Second Line of Defense risk function is a plus, ideally within a financial service organization. Deep expertise in data management principles, including data quality, metadata, lineage, and regulatory frameworks (e.g., BCBS 239, DCAM). The ideal candidate must be a subject matter expert in data management, with deep knowledge of data governance, quality, lifecycle management, and regulatory expectations. This expertise enables the role to drive meaningful oversight and contribute to the continuous enhancement of the firm's data risk posture. Proven ability to engage with senior stakeholders and influence data risk practices across complex organizational structures. Exceptional written, verbal, and presentation skills, with the ability to communicate complex data risk concepts clearly and effectively to both technical and non-technical audiences. At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom BNY LinkedIn 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 $175,000 and $225,000 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.

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Responsibilities

The Director of Data Risk Management will ensure that data risks are identified, assessed, and mitigated in alignment with the firm's risk appetite. This role involves leading the development and continuous improvement of the Data Risk Management Framework and providing oversight on data-related frameworks and policies.