Specialist, Program and Project Management (Model Risk Validation)

BNY Mellon

$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of experience in risk, compliance, audit, or model governance
  • Bachelor's degree in quantitative or business discipline, or an equivalent experience
  • Strong communication and writing skills

Responsibilities

  • Contribute to the preparation of team and stakeholder meetings
  • Prepare written proposals for enhancements to model risk standards
  • Follow-up and close open management actions
  • Generate model risk reports as needed

Benefits

  • Generous paid leave, including volunteer time
  • Access to flexible global resources and tools
  • Health and wellness support programs
  • Participation in 401(k) plan and medical benefits
  • Focus on personal resilience and financial goals
Full Job Description
Job Description

We're seeking a future team member for the role of Specialist, Program & Project Management (Model Risk Validation) to join our Model Risk Validation team. This role is located in New York City.

In this role, you'll make an impact in the following ways:
  • Contribute to the preparation of team and stakeholder meetings.
  • Prepare written proposals for enhancements to model risk standards, templates and model risk controls.
  • Follow-up and close open management actions.
  • Generate model risk reports as needed.

To be successful in this role, we're seeking the following:
  • 2+ years of experience
  • Bachelor's degree in quantitative or business discipline (e.g., Mathematics, Statistics, Economics, Finance, Engineering, Computer Science, Accounting, Risk Management, or Law), or an equivalent combination of education and directly relevant experience in risk, compliance, audit, or model governance.
  • Strong communication and writing skills


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 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 employee's 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 "at will" 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.

Similar Jobs

More Jobs at BNY Mellon

More Finance & Insurance Jobs

Find similar Specialist, Program and Project Management (Model Risk Validation) jobs: