BNY Mellon Careers

Grp Mgr, Mkt/Clt Risk Mgmt

Los Angeles, California; Woodland Park, New Jersey
Corporate Trust

Job Description

Market/Client Risk Management - M2 Manages a large team of Transaction or Deal Management professionals and directs staff responsible for negotiating, reviewing, analyzing and executing deal documents or services in transactions in compliance with regulatory guidelines, where applicable, and BNY Mellon standards, policies and preferred processes and procedures, and client specifications. Also assures effective legal and operational risk mitigation in all deal transaction documentation matters. Oversees the performance of assigned staff, is an escalation point and Subject Matter Expert for transaction related issues and provides coaching, guidance and feedback. Sets priorities and allocates resources to align with business objectives and annual plan. Provides planning for required resources with the next level manager, and is responsible for attracting and retaining talent. Contributes to/provides guidance as to the implementation of the operating and/or administrative protocols for the Transaction Management activities of the relevant team. Makes recommendations for process improvements. Uses subject-matter expertise on specific segment and transaction practices and methodologies to direct on resolution of operational and/or transactional issues as required. Provides leadership to the relevant team in structuring*and/or negotiating* the terms of the transaction in accordance with product specification and business strategic objectives. Ensures negotiations of underlying contract carried out by the team accurately reflect the nature of contracted roles and obligations in line with client and business objectives. Promotes a consistent document review and deal closing process for the team. Provides direction and guidance to the team where required, to ensure that negotiations with lawyers, advisors, clients, market participants on transactions are executed in a manner that manages risk while maximizing revenue in line with business strategic objectives. Liase with internal and external business contacts such as Compliance, Audit, Risk, Legal, Business and Jurisdictional Acceptance Committees, Business Risk Committee and the Default Administration Group, where applicable. Provides first escalation point on reelvant transactions. Reviews escalated issues (which may include matters of a complex legal and/or regulatory nature) and works with BNY Mellon businesses and clients to resolve potential issues. 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 a large team of Market/Client Risk professionals and support staff. Responsible for the achievement of multiple team goals and objectives, talent management and supervision of team members across one or more products and legal jurisdicitions. Oversees the transaction management of products within the relevant team associated with a moderately large portion of business unit revenue ($20-$50M) or deal flow of approximately 400- 500 transactions annually in an environment of moderate complexity and high inherent risk. Significant client-facing, regulatory and other internal and external exposure.


Bachelors degree preferably in finance or a related area, or the equivalent combination of education and experience is required. 7-10 years of total work experience with at least 1-3 in management preferred. Experience in securities servicing, risk management or related areas 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:

Finance helps our internal clients outperform over time. At BNY Mellon, Finance serves our internal clients by providing world-class accounting operations and control and decision support while instituting world-class change management. Global Procurement is responsible for establishing the programs to acquire products and services for BNY Mellon by employing deep category knowledge and commodity expertise, coupled with an understanding of the needs of our businesses and business partner groups. The Corporate Treasury group is responsible for managing the investment portfolios and the liquidity and capital positions of the various subsidiary banks and of BNY Mellon.

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

Primary Location: United States-California-Los Angeles
Internal Jobcode: 70352
Job: Corporate Trust
Organization: Finance-HR06599
Requisition Number: 1809913