BNY Mellon Careers

Sr. Group Mgr, Op Risk Mgmt

Jersey City, New Jersey
Risk


Job Description

Operational Risk Management - M4 Manages an Operational Risk Management unit consisting of multiple teams. Responsible for the financial and human resources for the unit and ensures assigned teams are operating effectively to meet unit goals and objectives. Executes business plans and contributes to the development of functional strategy. Responsible for the financial and human resources for the unit and ensures assigned teams are operating effectively to meet unit goals and objectives. Executes business plans and contributes to the development of functional strategy. Establishes work protocols for the Operational Risk Management activities of the unit. Responsible for ensuring integration of the functions activities within the risk management efforts of the organization. Oversees audits of complex business processes for multiple units to ensure compliance with set processes. Reviews key risk indicators to ensure business is conducting operations within an acceptable risk tolerance. Uses advanced knowledge of BNY Mellon business processes to provide solutions for complex risk issues affecting areas of the business. Works with LOB leaders and Risk Management function to investigate the root cause of errors affecting multiple units, identify the error or gap in set processes, and lead development of control enhancements. Identifies and evaluates business, industry, and regulatory environment to identify potential gaps in operational risk management processes affecting a large portion of the business operations. Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Manages multiple teams of Operational Risk Management professionals. Responsible for the achievement of area goals and objectives, talent management and supervision of multiple teams.

Qualifications

Bachelors degree or the equivalent combination of education and experience is required. 10-15 years of experience in risk management, operations, or related areas and 3-5 years of management experience preferred.


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 & 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.

Pershing provides critical business process, financial and technology solutions for financial organizations around the globe. We operate behind the scenes to power transformational change for broker-dealers, registered investment advisors, independent financial advisers, hedge fund and '40 Act fund managers and individual investors. We strive to be innovators, developing open architecture technology and financial solutions to support our customers' growth. We advocate on behalf of our customers and help them respond to regulatory reform and drive positive outcomes for our industry and investors. From our core business as an industry-leading trade execution, clearing and custody provider, we have evolved into a global multifaceted firm that provides investment solutions, forward-thinking technology-driven efficiencies, practice management and service excellence.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-New Jersey-Jersey City
Internal Jobcode: 70361
Job: Risk
Organization: Pershing-HR06431
Requisition Number: 1715036