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BNY

Safeguards and moves assets for investors

Senior Vice President - International & Legal entities Risk Management

Risk ManagementConfirmed live in the last 24 hours
Full-timeDublin, IrelandNo salary listedIn-person

About the Job

Requirements

  • Experience in financial services, preferably with experience in operational risk or an equivalent control function, compliance, and/or internal audit, ideally gained at a large bank or financial institution.
  • Strong analytical skills to identify risk trends, patterns, and concentrations and collate and distill relevant information.
  • Ability to work independently with high productivity in a fast-paced environment, prioritize competing demands, and proactively manage challenges.
  • Adherence to Central Bank of Ireland Fitness and Probity Controlled Function requirements.
  • Strong interpersonal skills to work with stakeholders across the Three Lines of Defence and convey complex issues succinctly; ability to build relationships with first- and second-line colleagues to complete risk tasks, resolve issues, and implement improvements promptly.
  • Familiarity with the Operational Risk Management Framework and associated tools, including Risk and Control Self-Assessments, Key Risk Indicators, and Operational Risk Events.

Responsibilities

  • Ensure the entity complies with minimum Enterprise Risk Management standards and Risk and Compliance governance.
  • Manage the Dublin Branch risk governance cycle, including supporting the Chief Risk Officer with presentation of key risk data, developing narratives about key risks, and contributing to risk discussions in committees.
  • Provide oversight, review, challenge, and advice to the business, ensuring adherence to the Risk Management Framework, including Risk Appetite, Risk Identification, Key Risk Indicators, Operational Risk Events, and Business Process Change risk assessments.
  • Participate in and support Risk and Compliance governance frameworks, such as product/process change governance, ensuring local management, legal, and regulatory considerations are properly considered.
  • Ensure risks are adequately identified, assessed, managed, and reported by the first line of defence, taking the Branch perspective into account.
  • Interpret relevant local regulatory and jurisdictional requirements and advise the first line of defence on those requirements.
  • Advise and guide on risk management, including identifying new and emerging risks, applying sufficient and appropriate controls, remediating operational risk events, and taking action to mitigate control gaps.
  • Provide oversight and proactive engagement on strategic initiatives, focusing on risk management solutions that enable safe and sound business growth; recommend ways to reduce implementation risk while ensuring compliance, risk, and control documentation and notification of appropriate representatives and regulators.
  • Present to clients on the role and structure of the Risk function during regular due diligence reviews, and support engagement with and responses to Internal Audit and regulatory requests.

Desired Qualifications

  • A secondary or university graduate degree, or an equivalent combination of education and experience.
  • Experience in AI adoption and utilization.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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