Full-Time
Senior Vice President
Operational Risk Coverage
BNY
Global asset management and financial advisory
Compensation Overview
$104k - $144k/yr
Pittsburgh, PA, USA
In Person
 Finance & Banking (1) |
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- Bachelor’s degree or equivalent education required.
- Experience in Operational Risk Management or a similar oversight role required.
- Solid analytical and problem-solving skills.
- Solid interpersonal and teamwork skills.
- Responsible for the second line of defense on-going independent oversight, challenge and advice on day-to-day operational risk management for Corporate Functions, with special focus on the Officer of the CFO Function including Finance and Corporate Treasury.
- Oversee and support execution of the Operational Risk Management Framework by the Function to facilitate the identification, assessment and mitigation of risk arising from people, process, systems and external events.
- Provide ongoing coaching and advice to the Function on current and emerging risk related matters.
- In conjunction with other risk stripes, review, advise on and provide 2LOD approval recommendation for Risk Appetite Limits.
- Independently oversee and monitor the Function Risk and Control Self-Assessment including review, guidance, challenge and approval for risk acceptance, action closure, manual processes and concurring to the RCSA accuracy annually, ensuring that it continuously reflects the Function’s operational risks and control environment.
- Partner with the Function to identify significant emerging and potential risk and control weaknesses, including process review, control testing review and other risk deep dives.
- Provide input, oversight and challenge to the Scenario Analysis Process.
- Support the quarterly Risk ID and High-Level Assessment (HLA) process by participating in pre-HLA meetings, reviewing and challenging HLAs.
- Review, challenge and approve new and change related client, jurisdiction, product and processes such as New / Modified Products and Business Process Change.
- Oversee, challenge and monitor Operational Risk Events (OREs) to identify root causes, ensure appropriate remediation actions to address control gaps and proactively identify themes/trends that require discussion.
- Escalate identified Issues; oversee, challenge and monitor Issues to ensure that they have a proper description, materiality rating and remediation action plans, as well as to monitor the completion of their action plans and to identify trends and themes that require discussion.
- Provide input and challenge on reporting for Risk, Control and Legal Entity.
- Leverage Operational Risk reporting and data analytics to proactively identify and address risk concentration and control weaknesses.
- Contribute to the achievement of the Function’s strategy, Objectives and Key Results (OKRs), and regulatory deliverables.
- 10-15 years of total work experience preferred.
- Experience covering Finance or Payroll is a plus.
- Finance/Accountancy background preferred.
- Data analytics skills/experience preferred.
BNY Wealth provides asset management services to individuals, corporations, and institutions around the world, helping clients manage and optimize their financial lifecycles. It earns revenue from asset management fees, financial advisory services, and transaction-based income. The firm covers a broad range of asset classes and uses an approach that considers global and domestic economic factors such as inflation and growth to identify investment opportunities. The company combines portfolio management, advisory support, and transaction services through a large, multinational workforce, emphasizing long-term client relationships and community impact. Its differentiators include its global reach, scale, diversified revenue streams, and a stated commitment to inclusion, sustainability, and innovation. The goal is to help clients grow and protect wealth over time by finding suitable opportunities across markets while focusing on responsible, client-centered service.
Company Size
N/A
Company Stage
Post IPO Equity
Headquarters
New York City, New York
Founded
1784
Simplify's Take
What believers are saying
- Evergreen funds adoption hits 47% in 2026, boosting BNY's private market liquidity.
- Ripple selects BNY Mellon to custody RLUSD reserves, expanding digital asset revenue.
- Liontrust outsources trading to BNY's solutions across 100 global markets.
What critics are saying
- BNY closes Poole office, cutting 200 UK jobs and sparking talent exodus.
- Cork office shutdown eliminates 1,000 Ireland positions, disrupting European services.
- Ripple crypto custody invites SEC crackdown, triggering client withdrawals within 6-12 months.
What makes BNY unique
- BNY Wealth integrates Active Wealth framework across investing, taxes, and estate planning.
- BNY provides multi-generational family office services for complex holdings management.
- BNY offers global custody and tailored lending for high-net-worth individuals.
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People at BNY who can refer or advise you
Benefits
Health Insurance
Paid Vacation
Flexible Work Hours
Remote Work Options
Unlimited Paid Time Off
Company News
Bank of New York to close Poole office, affecting 200 jobs.
The American financial services firm BNY Mellon, which employs over 1,000 people in Ireland, is to close its office in Cork.
/PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it priced an underwritten...
AllianceBernstein has appointed Pawan Panjwani as chief executive officer and country head of India, effective immediately.
Ripple has partnered with BNY Mellon, a global financial institution managing over $2 trillion in assets, to serve as the primary custodian for RLUSD reserves.