Vice President I, Operational Risk - BNY Investments

at  BNY Mellon

Overview
Vice President I, Operational Risk – BNY Investments
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 #LifeAtBNY is all about.
We’re seeking a future team member for the role of Vice President, Operational Risk to join our BNY Investments Risk team. This role is located in Pittsburgh, PA in a Hybrid work environment.

EMPLOYER DESCRIPTION:

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 and 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: bnymellon.com/careers.

IN THIS ROLE, YOU’LL MAKE AN IMPACT IN THE FOLLOWING WAYS:

Contributes to the ongoing independent oversight and challenge of day-to-day risk management activities, client, product and process change risk assessments and risk reporting for an assigned business line/entity risk facing a moderate level of risk.
Advises and assist the assigned business line with the evaluation of their existing processes and uses knowledge of risks that commonly arise to appropriately direct the business line’s activities to address any control gaps.
Continues to build familiarity with the assigned business line to assess, monitor and report on operational, fiduciary, reputational, business and strategic risks inherent to the assigned business line.
Contributes to the assigned business unit’s compliance with the Operational Risk Management Framework by assessing risks, identifying emerging issues, assisting with the development of processes and controls to manage risks, monitoring the adequacy and effectiveness of the control environment, monitoring and challenging business activities and increasing business line awareness of the risk management framework.
Independently develops reporting on outputs of risk management activities completed. All reporting adheres to established CORM policies and procedures.
Contributes to the Dreyfus’s appropriate completion of all steps involved in the identification of possible risks during the creation or modification of new products and processes and all non-standard business acceptance events.
Administers modifications to reduce implementation risk, as directed, and works to ensure compliance, risk and control documentation and notification of all appropriate representatives and regulators.
Continues to build working relationships with the Risk Management, Compliance and Audit teams and members of the business line team to increase the likelihood of timely completion of risk-related deliverables, issue resolution and implementation of improvements.

TO BE SUCCESSFUL IN THIS ROLE, WE’RE SEEKING THE FOLLOWING:

Bachelor’s Degree or the equivalent combination of education and experience is required. Graduate degree preferred.
5-7 years total work experience with 1-3 years of experience in operational risk preferred.
Previous experience in an Investment Management or Asset Management organization is preferred.
Excellent and demonstrable communication, written, and presentation skills are required.
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, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
“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