Senior Specialist, First Line Defense Risk & Controls

BNY Mellon

$58K — $107K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Finance, Economics, or related field
  • 2-4 years of experience in risk management and internal controls implementation
  • Solid understanding of risk management principles and control frameworks
  • Exceptional analytical and problem-solving skills
  • Experience effectively communicating complex risk topics to senior leadership
  • Highly motivated, detail-oriented, self-starter mindset

Responsibilities

  • Support strategic priorities for the Controls Hub
  • Collaborate with leaders and teams to address process challenges
  • Advocate for technology-enabled controls and digital solutions
  • Deliver training and workshops to promote a risk-aware culture
  • Establish standardized routines for proactive risk mitigation
  • Ensure timely escalation and remediation of issues

Benefits

  • Highly competitive compensation and benefits programs
  • Access to global resources and tools for personal growth
  • Generous paid leave, including paid volunteer time
  • Focus on health and personal resilience
  • Pay-for-performance philosophy supporting financial goals
Full Job Description
Job Description

We're seeking a future team member for the role of Senior Associate - 1LoD Risk & Controls to join our Controls Hub team. This role is located in New York City.

In this role, you'll make an impact in the following ways:
  • Supporting strategic priorities for the Controls Hub, including establishing standardized routines for proactive risk mitigation, ensuring timely escalation and remediation of issues, eliminating redundant risk requirements, and promoting adoption of best practices firm-wide
  • Collaborating with senior leaders, embedded control teams, and stakeholders across the Three Lines of Defense to identify process execution challenges and partner with teams to design and implement tactical and strategic improvements
  • Advocating for technology-enabled controls and digital solutions that streamline execution, enhance operational resilience, and automate key processes
  • Delivering training, coaching, and workshops to foster a strong risk-aware culture throughout the organization


To be successful in this role, we're seeking the following:
  • Bachelor's Degree in Business, Finance, Economics, or a related field, demonstrating strong quantitative and qualitative capabilities.
  • 2-4 years of experience in risk management and internal controls implementation
  • Solid understanding of risk management principles, control frameworks, and the Three Lines of Defense model within large organizations
  • Exceptional analytical, problem-solving, relationship-building, and communication skills, with the ability to meet aggressive deadlines and align with strategic goals
  • Experience working in high-pressure environments and effectively communicating complex risk topics to senior leadership and technical teams
  • A highly motivated, detail-oriented, self-starter mindset with the ability to prioritize, take initiative, and work both independently and collaboratively in a dynamic team setting


Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $58,000 and $107,500 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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