Full-Time
Vice President
Internal Auditor
Posted on 8/21/2025
The Bank of New York Mellon
10,001+ employees
Global financial services with asset management
No salary listed
Manchester, UK
Hybrid
4 days in-office per week.
 Legal & Compliance (1) |
|---|
- Experience working in a Financial Services Internal Audit team and a proven ability to understand, assess, and describe risks and controls relevant to regulatory compliance and financial crime prevention.
- We seek a solid grasp of the key activities and methods used by an Internal Audit team, including identifying, assessing, and documenting risks and controls; designing and executing audit tests to evaluate the design and operational effectiveness of controls; and compiling findings to enable the business to implement appropriate corrective measures.
- Our team evaluates a wide spectrum of risk and control areas encompassing the entire regulatory conduct (non-financial compliance) and financial crime compliance framework. You should demonstrate familiarity with key concepts such as market, customer, and employee conduct, anti-money laundering controls, and economic sanctions.
- Excellent written and verbal communication. We work with business stakeholders at all levels of the organization so the ability to demonstrate a degree of gravitas and technical credibility, particularly when discussing complex topics, is essential.
- You will be educated to degree level or an equivalent professional qualification. Ideally, you will have completed a recognized relevant post-graduate qualification (e.g. CIA, CMIIA, ACA, ACCA, CAMS), but this is not essential and we’ll be keen to consider candidates that can demonstrate their professional experience working in a financial services internal audit function, and possibly with direct experience of auditing compliance and financial crime controls.
- Participate in delivering audit, risk, and control assessments covering the bank’s full scope of regulatory compliance and anti-financial crime control frameworks
- Participate in all stages of the Internal Audit cycle including planning, fieldwork, and reporting, and validating the actions our businesses take to address risk and control issues
- Identify meaningful issues that impact the businesses and activities we review. And you’ll be collaborating with Internal Audit and Business management to develop appropriate remedial action to address the issues identified
- Take the lead for planning and delivering audit work, participating in change projects, and joining meetings with stakeholders to understand what’s new or changing in their businesses
- Prepare documented issues, make smart recommendations to address gaps, and draft audit reports
- Follow up audit actions and where necessary test and validate that the actions meet our standards and address our concerns
- Build on the strong relationships we have with our key stakeholders in the business and with our colleagues throughout the global Internal Audit team
- Contribute to Internal Audit’s ‘Continuous Monitoring’ work – where we stay close to new and changing risk conditions throughout the businesses we cover
- Post-graduate qualification such as CIA, CMIIA, ACA, ACCA, CAMS (not essential)
- Experience auditing compliance and financial crime controls in a financial services internal audit function (desirable)
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'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.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Health Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Flexible Work Hours
Remote Work Options
Company News
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.
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.
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.
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.
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.