BNY Mellon Careers

Senior Specialist, Third Party Governance

Manchester, United Kingdom
Finance/Accounting


Job Description



Responsible for maintaining the global vendor or inter-affiliate-TPG framework. Supports change management processes to achieve outsourcing management consistency and embed an effective risk management culture while meeting all regulatory and legal requirements. Independently enacts policies to achieve results that satisfy the requirements of relevant regulators. Is responsible for developing and implementing a consistent and robust process to sustain compliance with all local regulatory and legal requirements, providing transparency and comfort to the relevant lines of business and ensuring continued high levels of service delivery. Implements all aspects of the unique strategy and direction for vendor and interaffiliate governance, control and risk related matters. Must demonstrate the ability to influence legal entity staff on the most effective methods to implement TPG program requirements. Will need to show special attention to governance matters at Legal Entity level to ensure regulatory compliance.  Among others, activities will include support with reporting (status, changes, etc.) and administration.


Supports continuous improvement projects and policy revision efforts and works closely with teams such as Global Procurement, Vendor Technology Risk, Legal, Local Outsourcing teams and IT as part of these efforts. Drives or supports gap analysis of processes being implemented either as part of regulatory changes or continued drive to improve our approach to how we manage third parties.


 


Directs the ongoing development of the TPG framework with a focus on all applicable regulatory requirements, developing material from regulatory guidelines into workable and measurable training and support solutions. Independently manages and delivers vendor and interaffiliate-focused solutions to TPG requirements.


 


Regularly engages with senior stakeholders to understand regulatory requirements and drive compliance. Ensures regulatory requirements and quality standards across vendor and interaffiliate populations. Maintains an overview of all interactions with relevant stakeholders in co-ordination with the Head of TPG, global management, the Legal Department and Compliance. Ensures appropriate and up to date contractual documentation exists and is accessible.


 


Develops strategies for efficient implementation of key TPG policies, processes and systems. Directs the day to day interactions with functional stakeholders including Legal, Compliance and Risk to ensure TPG processes are developed and maintained to a standard that is acceptable to regulators. Responsible for addressing escalated process issues.


 


Facilitates regular meetings to assess the quality of the TPG framework delivery and discuss any other relevant topics in relation to the outsourced services with TPG group, sponsors, stakeholders, vendors and interaffiliates. Manages vendor and interaffiliate relationships in scope with appropriate measurement and management tools and other related documentation. Drives a consistent global approach to BAU outsourcing management. Delivers robust metrics and reporting on global outsourcing activity


 


Ensures key ways of working are embedded and developed to maintain a positive control on regulatory governance. Supports the design and implementation of an information repository to hold all completed outsourcing documentation.


 


Continues to build strong relationships with all key stakeholders, such as Business and Legal Entity Managers and all key stakeholders and vendors. Builds and maintain strong relationships within the TPG group in order to present a single “client face” to customers.


 


No direct reports. Directs more junior staff.


 


Contributes to the achievement of global objectives and fulfilment of local and regional accountabilities.



Qualifications



Bachelor's degree or equivalent combination of education and work experience required.




BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: United Kingdom-Greater Manchester-Manchester
Job: Finance/Accounting
Internal Jobcode: 85238
Organization: BNY Mellon CAO-HR16507
Requisition Number: 1904007