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BNY

Safeguards and moves assets for investors

Director, Resiliency Lead

Risk & ComplianceUpdated on Nov 10
Full-time$130k - $246kIn-person

About the Job

Requirements

  • A bachelor's degree or an equivalent combination of education and experience is required.
  • Deep and holistic industry, business, and product knowledge of the relevant platforms, including subject matter expertise in resiliency.
  • Strong understanding of the platforms’ technology landscape, capabilities, and operational processes.
  • Strong understanding of regulatory and supervisory expectations for large complex financial institutions.
  • Strong understanding of BNY’s Risk and Control framework.
  • Ability to interpret and apply resiliency policies and procedures.
  • Ability to follow up and escalate or resolve issues promptly.
  • Leadership, communication, and facilitation skills.
  • Ability to work in a fast-paced environment with competing priorities.
  • Ability to coach and collaborate effectively while fostering a high-performing culture.
  • Ability to communicate effectively across business and technology contexts.
  • Capacity to adapt, thrive, and maintain focus in the face of adversity.
  • Strong commercial mindset.
  • Solutions-oriented focus on operational recovery and continuity following disruptions of all magnitudes.
  • Strategic and critical thinking, including challenging the status quo as appropriate.
  • Ability to execute with speed and order and communicate clearly and often to relevant stakeholders.

Responsibilities

  • Play a strategic role in product design and investment, incorporating resiliency-based operations and technological considerations.
  • Exercise delegated authority to make resiliency-related decisions and represent the business with global regulators on behalf of EC Sponsor and EOPs.
  • Communicate and implement the Enterprise Resiliency Strategy across Platforms and the Platform’s resiliency objective as agreed with the respective EPO.
  • Manage foundational resiliency elements for identified Critical Business Services and Other Business Services within the remit, using the BNY Business Services Framework and taxonomy to identify and prioritize functions and assets required to deliver end-to-end services to clients.
  • Coordinate preparedness and response activities for business disruptions, incidents, and events, including developing and maintaining Business Continuity Plans, Business Impact Analysis, Incident and Crisis Management playbooks, and other recovery-related playbooks; analyzing post-event outcomes and improvement opportunities; and implementing actions related to identified gaps, risks, or lessons learned where appropriate.
  • Coordinate resiliency activities through embedded Operational Resiliency Leads and Resiliency Coordinators.
  • Serve as the primary coordination point during incidents and crises, with decision rights to activate resiliency strategies based on impact assessment.
  • Coordinate resources across platforms to test resiliency capabilities through regular Disaster Recovery testing, Cyber Recovery testing, and Data Center Rotation Exercises, and present results to the LOB CEO, EPOs, and Legal Entity or regional governing bodies as necessary.
  • Act as the Platform’s primary coordination point for resiliency-related engagements with global regulators, external auditors, clients, and internal teams, including 2LoD, 3LoD, and Legal Entity Management.
  • Serve as a key point of contact and approver for Recovery and Resolution Plans aligned to the LOB and/or Legal Entity, not the Platform.

Desired Qualifications

  • 12 or more years of total work experience.

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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