SrPrin, LoB Risk

Job Description


 

Responsible for the ongoing independent oversight and challenge of day-to-day risk management activities, client, product and process change risk assessments and risk reporting for an assigned Corporate Staff functions /entity risk facing a high level of risk. Advises and assist the assigned Corporate Staff functions with the evaluation of their existing processes and uses extensive industry experience with risks that commonly arise to appropriately lead the Corporate Staff function’s activities to address any control gaps. Applies vast experience with the assigned Corporate Staff functions to anticipate, assess, monitor and report on operational, fiduciary, reputational, business and strategic risks inherent to the assigned Corporate Staff function and with potentially broad consequences across other areas of the organization. Leads the assigned Corporate Staff functions compliance with the Operational Risk Management Framework by identifying, assessing and developing strategies to mitigate risks, anticipating and identifying emerging issues, leading the development of processes and controls to manage risks, monitoring the adequacy and effectiveness of the control environment, remediating deficiencies, monitoring and challenging business activities and enforcing Corporate Staff function’s awareness of and adherence to the risk management framework. Independently develops reporting on outputs of risk management activities completed and assigns reporting tasks to more junior professionals. All reporting adheres to established CORM policies and procedures. Instructs more junior professionals on compliance with established CORM policies and procedures. Responsible for ensuring the assigned business line's appropriate completion of all steps involved in the identification of possible risks during the creation or modification of new products and processes and all non-standard business acceptance events. Designs and recommends modifications to reduce implementation risk and uses strong influence with business line senior management to ensure compliance, risk and control documentation and notification of all appropriate representatives and regulators. Uses longstanding, strong working relationships with senior members of the Risk Management, Compliance and Audit teams and senior members of the Corporate Staff function team to ensure timely completion of risk-related deliverables, issue resolution and implementation of improvements. Responsible for appropriately escalating issues to the Risk and Compliance senior management team and effectively addressing less complex issues escalated by more junior team members. No direct reports; provides guidance to more junior team members and assigns tasks. Contributes to the achievement of team objectives. Modified based upon local regulations/requirements.  

 

 

 

 

 

 

 

 

 

 

 

 

 

Qualifications

Bachelor s degree or the equivalent combination of education and experience is required. 12-15 years of total work 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-Pennsylvania-Pittsburgh
Internal Jobcode: 85174
Job: Risk
Organization: Risk-HR06016
Requisition Number: 2001709