Full-Time

Director – Digital Assets Risk and Controls

Audit/Compliance/Risk

Posted on 8/9/2025

The Bank of New York Mellon

The Bank of New York Mellon

10,001+ employees

Global financial services with asset management

Compensation Overview

$127k - $250k/yr

+ Commission + Discretionary Bonuses + Short and Long-term Incentive Packages

New York, NY, USA

In Person

Category
Finance & Banking (1)
Required Skills
Blockchain
Requirements
  • 10+ years of experience; with demonstrated experience in one or more of the following functions: audit, risk, controls, compliance, operations, or legal.
  • Proven experience navigating a new business or function at multiple levels, with an ability to immediately begin identifying potential risks and areas for improvement.
  • Excellent written and verbal communication skills necessary to develop effective materials and work with peers, executives, and stakeholders in functions/business areas across the firm.
  • Experience leading and managing teams, including a focus on mentoring/coaching and goal setting.
  • Several years of experience supporting entities or businesses in the digital assets, blockchain/DLT, banking, or related technologies space.
  • Proven experience assessing the design and effectiveness of processes and controls.
  • Demonstrated understanding of risk identification, assessment, and mitigation.
  • Demonstrated experience reviewing, revising, and writing policies and procedures.
  • Demonstrated experience leading complex projects and implementing solutions.
  • Experience working with multi-disciplinary teams comprising product managers, engineers, operations, as well as risk and compliance.
Responsibilities
  • Leads the risk identification and assessment process for new products and processes, advising product and operations teams on the implementation of controls to mitigate risk and ensure compliance with rules/regulations.
  • Develops a comprehensive understanding of the regulatory environment, including U.S. and non-U.S. rules/regulations focused on the digital assets and banking industries.
  • Serves as a trusted business partner to assist the business in meeting its requirements from other parts of the bank, including compliance risk assessments, control reviews, information security, sourcing, resiliency, etc.
  • Assists fellow team members as necessary in carrying out firm-wide third party governance framework and resiliency protocols.
  • Develops materials and participates in regulatory meetings, and plays a lead role in managing regulatory exams, including documentation requests and presentation materials.
  • Maintains familiarity with industry best practices and seeks opportunities to implement as appropriate, as well as developing appropriate metrics and key objectives for the team.
  • Resolves complex issues or inquiries from senior-level or individuals across the firm, as needed.
  • Closely collaborates with colleagues in 2LOD (Risk and Compliance) as well as 3LOD (Internal Audit).
  • Contributes to developing the training strategy for the Digital Asset Business.
  • Performs BNY required Enterprise-Wide Risk Framework activities on behalf of the Digital Asset Business, as well as liaising with other areas within the firm on behalf of the Digital Assets Business.
The Bank of New York Mellon

The Bank of New York Mellon

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BNY Mellon combines traditional asset management, custody, and investment services with digital capabilities. It is building a multi-asset digital platform that links cryptocurrencies and tokenized securities with conventional financial systems, serving individuals, corporations, and institutional clients. Pershing X expands digital capabilities to improve client experiences; the firm earns fees, commissions, and interest income. By integrating ESG factors and partnering with Citi and Verizon, it aims to connect digital innovation with secure, scalable financial services.

Company Size

10,001+

Company Stage

IPO

Headquarters

Town of East Hampton, New York

Founded

1784

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 revenue surged 13% to $5.41B with 42% EPS growth to $2.24.
  • Over 200 AI solutions deployed boost productivity on $4B tech budget.
  • Digital custody expands to UAE and Singapore Gulf Bank for crypto clients.

What critics are saying

  • Deposit normalization compresses net interest income 15-25% within 12-24 months.
  • CET1 ratio at 11% limits buybacks as risk-weighted assets rise.
  • AI ROI delays strand $400M-$800M annually, compressing margins 200-400bps.

What makes The Bank of New York Mellon unique

  • BNY Mellon launched industry's first multi-asset digital custody platform in 2022.
  • BNY integrates bitcoin, ether custody with $59T traditional assets as G-SIB.
  • BNY partners Goldman Sachs for tokenized MMF ownership on blockchain since 2025.

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Benefits

Health Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

Flexible Work Hours

Remote Work Options

Company News

The Star
May 7th, 2026
BNY Mellon boosts Strategy stake to 1M shares worth $187M

The Bank of New York Mellon has acquired an additional 101,810 shares of Strategy for approximately $18.7 million, bringing its total holdings to one million shares valued at around $187.2 million at current market prices. The institution, which manages approximately $2.1 trillion in assets, joins a growing number of large organisations establishing significant positions in Strategy as a means of gaining Bitcoin exposure.

Yahoo Finance
Apr 14th, 2026
Bank of New York Mellon Q1 earnings forecast at $1.93 per share, up 22% year-on-year

The Bank of New York Mellon is expected to report quarterly earnings of $1.93 per share, up 22.2% year-over-year, with revenues forecast at $5.15 billion, a 7.5% increase. The consensus EPS estimate has been revised down 0.5% over the past 30 days. Analysts project total interest-earning assets at $390.81 billion, compared to $354.69 billion last year. Book value per share is expected to reach $58.50, up from $52.82 previously. The Tier 1 capital ratio is forecast at 15.4%, versus 14.7% a year ago. Net interest revenue is projected at $1.32 billion, compared to $1.16 billion in the prior-year quarter. Nonperforming assets are expected to decline to $191.31 million from $213 million last year.

Yahoo Finance
Apr 7th, 2026
BNY Mellon partners with Singapore Gulf Bank to power 24/7 USD clearing for crypto clients

Bank of New York Mellon has partnered with Singapore Gulf Bank, adding the firm to its correspondent banking network and providing access to its Fixed Income Brokerage platform. The deal enables SGB's crypto-native clients to access 24/7 US dollar clearing, money market funds and Treasury bills, bridging digital assets with traditional fixed income. The partnership highlights BNY's growing role in tokenised finance infrastructure, following the bank's recent Digital Asset Summit appearance where its CEO outlined positioning around tokenisation and digital custody. However, analysts view the development as incremental rather than a major near-term catalyst. BNY's narrative projects $23.2 billion revenue and $6.4 billion earnings by 2029, requiring 5% annual revenue growth. Fair value estimates range from $118.67 to $133.83 per share.

Yahoo Finance
Apr 6th, 2026
Strategy buys $330M in bitcoin despite $14.5B unrealized Q1 loss

Strategy has purchased approximately $330 million worth of Bitcoin between 1 April and 5 April, the company disclosed, even as it reported a $14.5 billion unrealised loss in the first quarter due to Bitcoin's price decline. Bank of New York Mellon has been designated by the US Department of the Treasury as a financial agent for the Trump Accounts programme for newborns. BNY Mellon has partnered with Robinhood, which will serve as brokerage and initial trustee for the accounts. US stocks climbed on Monday as oil prices dropped amid cautious optimism for de-escalation in Middle East hostilities. Iran and the US have reportedly received a Pakistan-prepared plan for ending attacks, according to Reuters.

Yahoo Finance
Apr 6th, 2026
Treasury taps Robinhood and BNY Mellon to launch Trump Accounts app for youth investing

The US Department of the Treasury has named BNY Mellon as the official financial agent for its Trump Accounts programme, with Robinhood joining as a key partner. BNY Mellon will manage initial accounts and help develop a dedicated mobile application for families to access funds. Robinhood will provide brokerage services and act as initial trustee for the accounts. The secure, white-label platform will remain under full government control whilst emphasising usability and security for first-time users. The initiative aims to expand access to structured savings and investment accounts for younger Americans as part of broader financial inclusion efforts. The Treasury will maintain strict oversight, including performance standards and regulatory compliance. Details on eligibility and funding mechanisms are still emerging.

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