The Senior Risk Manager is responsible for the ongoing independent oversight and challenge of day-to-day risk management activities including client acceptance, product and process change, issue identification and escalation as well as risk reporting for assigned business line(s). The incumbent will develop effective working relationships with senior business managers to understand business activities and facilitate establishing a strong risk culture. Ensures the assessment, monitoring and reporting on risks inherent to business activities, including fiduciary, reputational, business and strategic risks. Responsible for the integrity of the business adherence to the Risk Management Framework. Serves on Committees, Councils and Working Groups to ensure their effectiveness; facilitates and encourages informed and constructive debate on key issues. Contributes to the establishment of the assigned business line risk appetite and ensures alignment with the Asset Servicing Risk Appetite Statement. Assists the assigned business line or legal entity with the identification, assessment and mitigation of risks and helps to identify and implement controls to manage emerging issues. Monitors adherence and ensures routine monitoring responsibilities. Develops routine reports as required and delivers these to appropriate parties in the 1st, 2nd and 3rd Lines of Defense. Works with the Business Sponsor to identify and document risks and mitigates around accepting new business and to gain implementation approval from the appropriate stakeholders and governance body. Ensures business process and product modifications are completed and assessed appropriately. Recommends modifications to decrease risks inherent to the process or product change. Responsible for gaining the appropriate approvals for the change and ensuring all required documentation is completed. Contributes to efforts to develop a strong organizational risk culture and further develop the function's effectiveness as a second line of defense for the business or legal entity. Oversees and develops less experienced managers, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Provides feedback at the most critical times.
QualificationsBachelor s degree or the equivalent combination of education and experience is required. 12-15 years of total work experience, with 3-5 years of management experience, preferred.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
Primary Location: United States-New York-New York
Internal Jobcode: 85176
Requisition Number: 1917655