BNY Mellon Careers

Prin, LoB Risk

Orlando, Florida; New York, New York; Woodland Park, New Jersey; Jersey City, New Jersey
Risk


Job Description

Responsible for 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. Advises and assists the assigned business line with the evaluation of its existing processes and uses a high level of knowledge of risks that commonly arise to appropriately direct the business line's activities to address any control gaps. Uses strong familiarity with the assigned business line to anticipate, assess, monitor and report on operational, technology, reputational, business and strategic risks inherent to the assigned business line. Directs the assigned business unit's compliance with the Operational Risk Management Framework by independently and jointly identifying, analyzing, assessing and mitigating risks, identifying emerging issues, contributing to the development of processes and controls to manage risks, monitoring the adequacy and effectiveness of the control environment, remediating deficiencies, monitoring and challenging business activities and enforcing business line awareness of and adherence to the risk management framework. Ensures that all reporting adheres to established CORM policies and procedures. Confirms that the business line appropriately completes all steps in the identification of possible risks from the creation or modification of new products, through changed processes, and via non-standard business acceptance events. Recommends modifications to reduce implementation risk and exerts constructive influence with business line management to ensure compliance, risk and control documentation and notification of all appropriate representatives and regulators. Uses established working relationships with the Risk Management, Compliance and Audit teams and members of the business line team to ensure timely completion of risk-related deliverables, issue resolutions, and implementation of improvements. Analyzes the impact of new or modified corporate policies and implements or assists in implementing the new requirements as appropriate. Responsible for appropriately escalating issues to Risk and Compliance management. Contributes to the achievement of team objectives.

Qualifications

Bachelor s degree or the equivalent combination of education and experience is required. 10-12 years of total work 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.

Risk and Compliance provide risk and compliance services across all BNY Mellon businesses. Organizationally, Risk and Compliance includes the following groups: Risk Management, Compliance, Global Corporate Security, Information Risk Management and Global Business Continuity. Risk Management oversees and delivers risk services and ensures new business risks are reviewed and approved. Risk Management is organized through Chief Risk Offices for each core business and critical operation. Risk managers provide shared support to BNY Mellon for operational risk services for Global Corporate Trust, Depositary Receipts, Treasury Services and Global Operations in EMEA. Compliance helps ensure BNY Mellon's businesses maintain appropriate processes to comply with applicable laws, regulations, BNY Mellon policies and ethics. This is accomplished through business- and business partner-specific teams of professionals, under centralized global management.

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


Primary Location: United States-Florida-Orlando
Internal Jobcode: 85173
Job: Risk
Organization: Risk-HR06016
Requisition Number: 1804418