Directs team of professional staff responsible for completing the strategy implementation, risk analysis and governance activities focusing on Central Counterparties (CCPs) across the enterprise. The Team implements the overall CCP Risk strategy and policies as they apply to the assigned team, and contributes to plans and programs to implement changes and improvements. This individual will direct and manage the ongoing and enhanced due diligence review of CCPs across the enterprise. Completes CCP Risk strategy changes to further improve compliance with organizational policies and regulations. Continues to build knowledge of differences in regional laws, policies and regulations. Responsible for ensuring strategy changes for CCP Risk are appropriately implemented in a timely manner across business units. Sets the relevant policies, procedures, requirements and standards for approving and overseeing CCP Risk assessment activities. Manages team of CCP Risk professional staff. Responsible for the achievement of goals and objectives across multiple region. Ensures the accuracy of credit assessment activities and the work completed by credit risk professionals of the Team and helps to improve the quality of work completed by less experienced team members. Continues to build influence among management to ensure the appropriate corporate response to these issues. At times, involved in in contact with senior regulators and government officials on CCP issues; appropriately escalates high impact issues raised by these contacts to management. Independently addresses issues with a moderate risk level and potential financial impact to the organization.
Bachelor s degree in accounting, finance, economics or related technical discipline, or the equivalent combination of education and experience is required. MBA, similar degree, or equivalent experience is preferred. Family Requirements: 12-15 years of total work experience, with 3-5 years of management experience, preferred. Prior experience/background in risk management of CCP-related activities is essential. Position requires a strong understanding of CCPS including default waterfall structures, default management and recovery tools. Additionally the candidate should have a deep knowledge of cleared products and the regulations impacting capital and risk treatment of CCPs and cleared products. Formal credit training preferred. Extensive familiarity with fiscal and financial condition indicators in order to direct team responsible for the completion of these tasks.
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: 85153
Requisition Number: 1918461