Vice President, 1LoD Risk and Controls

BNY Mellon

• $150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent combination of education and work experience required.
  • 5-10 years of total work experience preferred.
  • Strong knowledge of operational risk frameworks, including RCSA, EBCA, and RCAT.
  • Experience in issue management and root cause analysis.
  • Understanding of control design, control mapping, and control testing.
  • Ability to interpret KRI and telemetry data effectively.
  • Strong analytical and structured problem-solving capabilities.
  • Effective risk communication skills.

Responsibilities

  • Deliver high-quality RCSA execution, including risk identification and documentation.
  • Coordinate issue management, ORE management, and control optimization.
  • Monitor and report status of 1RC program deliverables; identify and address challenges.
  • Challenge and escalate initiatives exceeding 1RC program responsibilities.
  • Champion root cause analysis and remediation for key incidents.

Benefits

  • Highly competitive compensation and benefits.
  • Access to flexible global resources and tools.
  • Focus on health and personal resilience support.
  • Generous paid leaves, including paid volunteer time.
  • Strong culture of excellence and pay-for-performance philosophy.
Full Job Description
Job Description

We're seeking a future team member for the role of Vice President, 1LoD Risk Controls Specialist to join our Payments Enablement team. This role is located in Lake Mary, Fl & Pittsburgh, PA.

In this role, you'll make an impact in the following ways:
  • Deliver high-quality RCSA execution, including risk identification, control mapping, assessment, and documentation
  • Provide coordination and execution of issue management, ORE management, new product approvals, business process change, and control telemetry for the Platform, continuously identifying opportunities for improvement and leading optimization efforts
  • Monitor and report the status of 1RC program deliverables, proactively identifying and solutioning for challenges/blockers, and analyze trends and repeat issues identified; integrating outcomes into reporting
  • Identify, challenge, and escalate asks and initiatives that go beyond the scope of 1RC program responsibilities
  • Champion the root cause, remediation and reporting of key incidents, issues management, controls assessments, issues as relevant to the Platform


To be successful in this role, we're seeking the following:
  • Bachelor's degree or equivalent combination of education and work experience required.
    • 5-10 Years of total work experience preferred.
  • Strong knowledge of operational risk frameworks, including RCSA, EBCA, and RCAT.
  • Experience in issue management, root cause analysis, ORE management, and scenario analytics.
  • Understanding of control design, control mapping, and control testing.
  • Ability to interpret KRI and telemetry data effectively.
  • Strong analytical and structured problem-solving capabilities.
  • Effective risk communication skills.
  • Professional skepticism and ability to provide credible challenge.
  • Ability to collaborate across 1LoD, 2LoD, and 3LoD teams.
  • Demonstrated ownership and proactive escalation mindset.
  • Adaptability in evolving risk environments.


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.

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