At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role of Senior Associate, Liquidity and Finance Controlsto join our Markets Controls Teamteam. This role is located in New York, NY - HYBRID
In this role, you'll make an impact in the following ways:
Operate independently and work directly with the Business, Operations, as well as Legal, Compliance, Finance and Risk functions to design, enhance and monitor a consistent and evolving control framework
Provide general support to the Business Controls Officer responsible for 1stLine controls coverage of the Liquidity and Financing business globally
Drive standardized and consistent mechanisms to evidence controls and supervision, and ensure alignment with firm-wide initiatives
Project manage remediation efforts, including corrective actions resulting from audit findings, regulatory requests and examinations, operational risk events/errors and other significant projects or tasks; manage and prioritize deliverables across multiple tasks and stakeholders
Support internal and external reviews conducted across the Liquidity and Financing business (e.g., regulatory reviews, Audits, Compliance Testing reviews, etc.)
Review documentation for evidence of successful and efficient performance of control and business procedures (including the evaluation of compliance with existing policies and procedures
Identify and escalate material risk and control issues that need to be addressed
To be successful in this role, we're seeking the following:
Bachelor's degree or the equivalent combination of education and experience required
3-5 years of total work experience in financial services preferred, ideally with experience in risk and control discipline (e.g., First Line Controls, Operational Risk and/or Control Assurance, Regulatory Change, etc.)
Familiarity with securities lending, liquidity & cash management products and/or collateral management is a plus
Ability to analyze a process and recommend ways to improve controls and efficiency
Strong interpersonal skills for interfacing with all levels of internal and external management
Ability to learn quickly, handle simultaneous requests and projects, and adapt to a fast-paced environment
Ability to develop remote relationships across functions and regions
At BNY, our culture speaks for itself. Here's a few of our awards:
America's Most Innovative Companies, Fortune, 2024
World's Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
"Most Just Companies", Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $120,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.