Put your professional experience to work for one of the world's most recognized and admired financial industry companies with a career at BNY Mellon.
Founded in 1784 by Alexander Hamilton, we have not only been an engine behind the evolution of the financial industry, but we have also evolved at every step. Today we are more than 50k+ employees across 35 countries as we continue to build momentum and achieve further growth .
As a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle, BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. Being one of the world's top asset management and banking firms that manages $42 trillion in assets, has 97% of the world's top banks as customers, and one of the first to use computing technology and access the largest dataset available globally, we have the insights, solutions, technology, and talent to shape the future of finance.
Specialist, Line of Business Risk
The team is seeking a dedicated, passionate, and self-starting team member, with a desire to produce high-quality work product to differentiate and drive firm-wide risk identification and mitigation.
We would like you to be a part of this exciting and growing team that will enable you to obtain extensive exposure and insight across BNY Mellon!
Standard Job Responsibilities
As a key member, you will:
Contributes to 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 business line/entity risk facing a moderate level of risk.
Advises and assist the assigned business line with the evaluation of their existing processes and uses knowledge of risks that commonly arise to appropriately direct the business line's activities to address any control gaps.
Continues to build familiarity with the assigned business line to assess, monitor and report on operational, fiduciary, reputational, business, and strategic risks inherent to the assigned business line.
Contributes to the assigned business unit's compliance with the Operational Risk Management Framework by assessing risks, identifying emerging issues, assisting with the development of processes and controls to manage risks, monitoring the adequacy and effectiveness of the control environment, monitoring, and challenging business activities, and increasing business line awareness of the risk management framework. Independently develops reporting on outputs of risk management activities completed.
All reporting adheres to established CORM policies and procedures.
Contributes to 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.
Administers modifications to reduce implementation risk, as directed, and works to ensure compliance, risk and control documentation and notification of all appropriate representatives and regulators.
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 implementation of improvements.
Provides guidance to more junior team members.
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. 7-10 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.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
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.
