Vice President, Corporate Operational Risk II

Contributes to the ongoing independent oversight of first line day-to-day operational risk management activities for a standard assigned business line facing a moderate level of risk. Advises and provides oversight to the first line's identification, assessment, monitoring, risk exposure remediation and reporting of the business's risk exposure. Uses knowledge of standard risks to appropriately direct the business line's activities to address any control gaps. Continues to build familiarity with the assigned business line in order to provide oversight of, consultation on and challenge of first line risk management practices. Oversees risk assessments, identifies emerging issues, oversees the development of processes and controls to manage operational risks, monitors the adequacy and effectiveness of the control environment, monitors and challenges business activities and increases business line awareness of the operational risk management framework to improve the assigned business unit's compliance with the Corporate Operational Risk Management Framework. Independently advises on the completion of reporting on operational risk management for the business line CRO on the identification, management and mitigation of operational risks that may arise from the inadequate or failed internal processes, people, systems or external events. All reporting complies with the established Corporate Operational Risk Management framework. Oversees the first line's appropriate maintenance of RCSA and HLA and timely reporting of significant events including losses events and near misses. Participates in and provides challenge to the first line's scenario analysis (SA). May influence the business line management to ensure the completion of routine assessments in the event of a change, identification of potential adverse impacts, new product offering, profit loss or adverse audit or examiner findings. Continues to build working relationships with the Risk Management, Compliance and Audit teams and members of the business line to increase the likelihood of timely completion of operational risk-related deliverables, issue resolution and operational loss estimation and remediation. Escalates issues to Corporate Operational Risk management and business unit leadership when risk exposure is deemed to be increasing. No direct reports.Contributes to the achievement of team objectives. Modified based upon local regulations/requirements.Bachelor‘s degree or the equivalent combination of education and experience is required. 7-10 years of total work experience preferred.. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $83,000 and $179,000 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.

Salary : $83,000 - $179,000