BNY Mellon Careers

SrSpec, LoB Risk (Asset Management Operational Risk)

Pittsburgh, Pennsylvania
Compliance


Job Description

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 Asset Management boutiques and distribution businesses facing a moderate level of risk. Advises and assists the Asset Management 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 Asset Management business line to assess, monitor and report on operational, fiduciary, reputational, business and strategic risks inherent to the Asset Management business line. Contributes to Asset Management’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 Asset Management’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 Asset Management boutiques to increase the likelihood of timely completion of risk-related deliverables, issue resolution and implementation of improvements. Escalates issues, as needed. No direct reports; provides guidance to more junior team members. Contributes to the achievement of team objectives.  

Qualifications

Bachelor s degree or the equivalent combination of education and experience is required. 7-10 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-Pennsylvania-Pittsburgh
Internal Jobcode: 85172
Job: Compliance
Organization: Compliance & Ethics-HR06015
Requisition Number: 1805977