Senior Vice President, 1LoD Risk and Controls Platform Lead

BNY Mellon

$150K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required
  • 7-10 years of relevant work experience
  • 3-5 years of management experience preferred
  • Experience in Financial Services preferred
  • Knowledge of sales and service lifecycle activities beneficial

Responsibilities

  • Oversees multiple teams for control testing and reporting
  • Develops training on risk management policies and procedures
  • Monitors key risks, errors, and root cause analyses
  • Analyzes management intervention levels based on data
  • Leads documentation and analysis of control procedures
  • Ensures alignment of team objectives with functional objectives
  • Manages complex cross-business projects to improve controls

Benefits

  • Access to flexible global resources and tools for personal development
  • Generous paid leaves, including paid volunteer time
  • Health and wellness programs to foster personal resilience
  • 401(k) plan and participation in medical, dental, and vision insurance
  • Competitive compensation package based on market data
Full Job Description
Job Description

Senior Vice President, Hub 1LoD Risk and Control Manager

We9re seeking a future team member for the role of Senior Vice President, Hub 1LoD Risk and Control Manager to join our Commercial Hub team. This role is located in Pittsburgh, Pennsylvania
In this role, you9ll make an impact in the following ways:
• Oversees multiple teams that are responsible for control testing and reporting on control standards.
• Develops training on policies and procedures concerning controls and risk management.
• Monitors results on key risks, errors/near misses, reconciliations and root cause analyses as reported by subordinate managers.
• Analyzes and determines appropriate level management intervention.
• Leads and contributes to policies for developing, documenting and analyzing existing control procedures.
• Analyzes documentation for evidence of successful and efficient performance.
• Ensures team objectives are aligned to functional objectives.
• Manages complex projects that involve working with businesses to improve controls to mitigate any deficiencies.
• Ensures controls meet regulatory and organization standards.
• Uses in-depth knowledge of market trends to determine potential risks to the organization.
• Manages analysis and draws conclusions in order to recommend and direct any resulting change needed to mitigate risk.

To be successful in this role, we9re seeking the following:
• Bachelor9s degree or equivalent combination of education and work experience required.
• 7-10 years of work experience with 3-5 years of management experience preferred.
• Experience in Financial Services is preferred; knowledge of sales and service lifecycle activities would be beneficial

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 life9s 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 expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.

Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee9s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, the employee will be in an 4at will4 position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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