1+ months

SrGrpMgr, LoB Risk

BNY Mellon
New York, NY
This role will have primary coverage for operational risk management areas across Payments and Treasury Services Delivery / Transfer Agency and AIS CSD. 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 assigned business line(s)/entity risk(s) or legal entity facing a moderate level of risk. Directs the assessment, monitoring and reporting on risks inherent to business activities, including fiduciary, reputational, business and strategic risks. Responsible for the integrity of the business line(s)/entity risk(s) or legal entity's adherence to the Operational Risk Management Framework. Serves on Risk Management Committees to ensure their effectiveness; facilitates and encourages informed and constructive debate on key issues. May also lead enterprise wide risk governance projects. Consults on the establishment of the enterprise-wide Operational Risk Management framework, the Company Risk Appetite Statement and the Corporate Operational Risk Management (CORM) policies and procedures. Contributes to the establishment of the assigned business line or legal entity's risk appetite statements and ensures alignment with the Company Risk Appetite Statement. Assists the assigned business line or legal entity with the identification, assessment and mitigation of risks and helps to identify and implement controls to manage emerging issues. Monitors compliance and assigns routine monitoring responsibilities through less experienced managers. Develops routine reports as required and delivers these to management, CORM and the Operational Risk Committee (ORC). Works with the Business Sponsor to identify and document risks and mitigates around accepting new business and to gain implementation approval from the appropriate stakeholders and governance body. Ensures business process and product changes are completed appropriately. Recommends modifications to decrease risks inherent to the process or product change. Responsible for gaining the appropriate approvals for the change and ensuring all required documentation is completed. Contributes to efforts to develop a strong organizational risk culture and further develop the function's effectiveness as a second line of defense for the business or legal entity. Recruits, directs, motivates and develops less experienced managers, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Provides feedback at the most critical times. Responsible for the achievement of goals across multiple regions. Ensures teams are equipped to operationalize and attain objectives. Ensures appropriate financial and human resource allocation. Modified based upon local regulations/requirements.


Bachelor s degree or the equivalent combination of education and experience is required. 12-15 years of total work experience, with 3-5 years of management experience, preferred.

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 & 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.

Risk and Compliance provide risk and compliance services across all BNY Mellon businesses. Organizationally, Risk and Compliance includes the following groups: Risk Management, Compliance, Global Corporate Security, Information Risk Management and Global Business Continuity. Risk Management oversees and delivers risk services and ensures new business risks are reviewed and approved. Risk Management is organized through Chief Risk Offices for each core business and critical operation. Risk managers provide shared support to BNY Mellon for operational risk services for Global Corporate Trust, Depositary Receipts, Treasury Services and Global Operations in EMEA. Compliance helps ensure BNY Mellon's businesses maintain appropriate processes to comply with applicable laws, regulations, BNY Mellon policies and ethics. This is accomplished through business- and business partner-specific teams of professionals, under centralized global management.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Primary Location: United States-New York-New York
Internal Jobcode: 85176
Job: Risk
Organization: Risk-HR06016
Requisition Number: 1807150


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SrGrpMgr, LoB Risk

BNY Mellon
New York, NY

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