Senior Risk Management Specialist
4 days ago
We are seeking a highly skilled Senior Risk Management Specialist to join our team at BNY. As a key member of our Risk and Compliance division, you will play a critical role in identifying, analyzing, and mitigating operational risks across our functions.
Your primary responsibility will be to develop and implement effective risk management frameworks, ensuring that BNY appropriately manages risk in line with our strategy and risk tolerance. You will also be responsible for owning the risk management process, establishing clear responsibilities and accountability for identifying, measuring, managing, and controlling risk.
Key Responsibilities- Identify and analyze operational risks across Risk & Compliance functions
- Develop and implement control standards to ensure compliance with local regulatory requirements
- Participate in developing policies and procedures for deploying control activities and contributing to testing protocols to ensure control effectiveness
- Collaborate on developing operating limits, measure, and monitor risk levels per policies, and review plausible scenarios for effective risk management
- Monitor key risks, errors/near misses, reconciliations, and root cause analyses as reported across Risk & Compliance functions
To be successful in this role, we are seeking candidates with:
- Bachelor's degree or equivalent combination of education and work experience required; experience in the banking and financial services industry preferred
- 7-10 years of relevant experience needed; preference for candidates with operational, information security risk experience in banking & financial services
- Extensive experience in risk management and controls testing, with strong analytical skills to identify potential risks and recommend mitigation strategies
- Excellent communication and collaboration skills to work effectively with global operations control office, operational groups, and senior business leaders
BNY offers a competitive salary range of $120,000 - $180,000 per year, depending on experience, plus benefits and wellbeing programs rooted in a strong culture of excellence. We provide access to flexible global resources and tools for your life's journey, with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
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