Vice President, Line of Business Risk II
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 Vice President, Line of Business Risk. This role is in Pittsburgh and/or Lake Mary - Hybrid/Remote.
In this role, you'll make an impact in the following ways:
Manage processes that identify, document, assess and mitigate risks and monitor the adequacy and effectiveness of the control environment for Workplace Experience, including management of the Risk and Control Self-Assessment (RCSA)
Establish working relationships with the Risk Management, Compliance and Audit teams and Workplace Experience control owners to ensure timely completion of risk-related deliverables, issue resolution and implementation of improvements.
Coordinate and manage engagements with internal and external Audit and 2nd line teams
Monitor and challenge Workplace Experience activities and enforce awareness of and adherence to the risk management framework
Analyze and evaluate Workplace Experience controls to ensure effective design, operations and sustainability
Conduct process reviews and control assessments to self-identify gaps and process improvements and contribute to the development of processes and controls to manage risks
Develop and monitor Key Risk Indicators (KRIs) and other metrics to monitor control performance against risk appetites and thresholds
Lead regular risk and control meetings to report on status of risk, escalate risk issues and events, and drive a strong culture of effective risk management across Workplace Experience
Build trusted relationships with Workplace Experience that establish your role as a subject matter expert in BNY's risk management practices and a first point of contact or escalation for any risk or control concerns
Partner with Workplace Experience to identify and implement opportunities to streamline and automate execution, testing and monitoring of their controls.
Partner with other CAO teams to support implement the bank's strategies for effective control management
To be successful in this role, we're seeking the following:
Expertise with Operational Risk Management processes and associated frameworks, including risk and control assessments (RCSAs), internal controls development and testing, and gap/issue analysis and remediation
Sound knowledge, understanding and awareness of Enterprise Risk Management Framework and familiarity with technology risk frameworks and processes
Ability to work independently under tight deadlines and competing priorities and being proactive in terms of planning and execution of reviews, raising and escalating challenges or concerns to team leaders and managers in a timely manner.
Ability to work with stakeholders across the Three Lines of Defense.
Ability to both collaborate and challenge with professionalism and credibility.
Strong communications and influencing skills to manage diverse stakeholders and points of view.
Strong presentation development and delivery skills, with experience both driving workshops and forums and delivering presenting to senior audiences.
Experience coordinating or conducting internal audit examinations.
Business Analysis and technical experience within a complex eco-system including multiple system applications is preferred, as well as some experience managing enterprise-wide programs is highly desired.
10 -12 years of relevant experience in enterprise risk management, control testing, internal audit with a solid understanding of the key steps of testing review/audit processes preferably at a large bank, financial institution, public accounting firm or other industries with strong implementation of three lines of defense.
Bachelor's degree or the equivalent combination of education and experience is required.
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..