Spec, Corp Opl Risk

Job Description

Contributes to the ongoing independent oversight of first line day-to-day operational risk management activities for a standard assigned business line facing a moderate level of risk. Provides oversight to the first line's identification, assessment, monitoring, risk exposure remediation and reporting of the business's risk exposure. Continues to build familiarity with the assigned business line in order to provide oversight of, consultation on and challenge of first line risk management practices. Oversees risk assessments, monitors the adequacy and effectiveness of the control environment, monitors and challenges business activities and promotes business line awareness of the operational risk management framework to improve the assigned business unit's compliance with the Corporate Operational Risk Management Framework. Advises on the development of reporting on operational risk management for the business line CRO on the management and mitigation of operational risks that may arise from the inadequate or failed internal processes, people, systems or external events. Reporting complies with the established Operational risk management framework. Oversees the first line's appropriate maintenance of RCSA and HLA and timely reporting of significant events including losses events and near misses. Participates in scenario analysis (SA) as requested. Continues to build working relationships with the Risk Management, Compliance and Audit teams and members of the business line team to increase the likelihood of timely completion of risk-related deliverables, issue resolution and operational loss estimation. Escalates issues to more senior professionals, as needed. No direct reports. Contributes to the achievement of team objectives. Modified based upon local regulations/requirements. Bachelor s degree or the equivalent combination of education and experience is required. 5-7 years of total work experience preferred.

Qualifications

Contributes to the ongoing independent oversight of first line day-to-day operational risk management activities for a standard assigned business line facing a moderate level of risk. Provides oversight to the first line's identification, assessment, monitoring, risk exposure remediation and reporting of the business's risk exposure. Continues to build familiarity with the assigned business line in order to provide oversight of, consultation on and challenge of first line risk management practices. Oversees risk assessments, monitors the adequacy and effectiveness of the control environment, monitors and challenges business activities and promotes business line awareness of the operational risk management framework to improve the assigned business unit's compliance with the Corporate Operational Risk Management Framework. Advises on the development of reporting on operational risk management for the business line CRO on the management and mitigation of operational risks that may arise from the inadequate or failed internal processes, people, systems or external events. Reporting complies with the established Operational risk management framework. Oversees the first line's appropriate maintenance of RCSA and HLA and timely reporting of significant events including losses events and near misses. Participates in scenario analysis (SA) as requested. Continues to build working relationships with the Risk Management, Compliance and Audit teams and members of the business line team to increase the likelihood of timely completion of risk-related deliverables, issue resolution and operational loss estimation. Escalates issues to more senior professionals, as needed. No direct reports. Contributes to the achievement of team objectives. Modified based upon local regulations/requirements. Bachelor s degree or the equivalent combination of education and experience is required. 5-7 years of total work experience preferred.
BNY Mellon is an Equal Employment Opportunity Employer.
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: India-Maharashtra-Pune
Job: Risk
Internal Jobcode: 85187
Organization: Risk-HR06016
Requisition Number: 2000560