What are the responsibilities and job description for the Vice President II, Wealth Management Risk Governance position at BNY Mellon?
Overview
Vice President II, Wealth Management Risk Governance
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000 employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Vice President, Line of Business Risk, Manager II to join our BNY Wealth Risk team. This role is located in Lake Mary or NYC in a Hybrid work environment.
About the team:
Wealth Risk at BNY is an oversight function within the second line of defense, responsible for the oversight of BNY Wealth Management. The team’s duty is to ensure that risk for our clients and our bank is identified, measured, reported and controlled by the first line of defense.
In this role, you’ll make an impact in the following ways:
Reporting to the Chief Risk Officer for BNY Wealth, with responsibilities for planning, facilitating, and preparing materials for internal and external meetings and communications for the CRO, including periodic business reviews, committees, communications with regulators, and other stakeholders. Ensure all follow-up items are addressed appropriately.
Build relationships across business and functions to enhance efficiency and responsiveness to operations.
collaborate with senior leaders and their teams to drive high-value analyses and facilitate effective decision-making by gathering and prioritizing information.
Contribute to or lead other high-priority activities as determined by the CRO.
Additional responsibilities may include staffing and budget needs, recruiting efforts, supporting team members, and contributing to an innovative, inclusive, and continuous improvement workplace.
To be successful in this role, we’re seeking the following:
Bachelor‘s degree in Finance, or related discipline and combination of experience.
5-7 years of industry experience preferred.
Exceptional attention to detail, highly organized and efficient.
Motivated to manage competing priorities to achieve successful outcomes.
Strong analytical skills, with an ability to articulate complex topics simply and concisely.
Excellent interpersonal skills, with the ability to interact effectively with both senior leaders and staff across all levels of the organization.
Broad experience across functions, preferably risk management and/or compliance areas.
At BNY, our culture speaks for itself. Here’s a few of our awards:
America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
“Most Just Companies”, Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023
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 $79,000 and $147,000 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 BNYM 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.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
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.
Vice President II, Wealth Management Risk Governance
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000 employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Vice President, Line of Business Risk, Manager II to join our BNY Wealth Risk team. This role is located in Lake Mary or NYC in a Hybrid work environment.
About the team:
Wealth Risk at BNY is an oversight function within the second line of defense, responsible for the oversight of BNY Wealth Management. The team’s duty is to ensure that risk for our clients and our bank is identified, measured, reported and controlled by the first line of defense.
In this role, you’ll make an impact in the following ways:
Reporting to the Chief Risk Officer for BNY Wealth, with responsibilities for planning, facilitating, and preparing materials for internal and external meetings and communications for the CRO, including periodic business reviews, committees, communications with regulators, and other stakeholders. Ensure all follow-up items are addressed appropriately.
Build relationships across business and functions to enhance efficiency and responsiveness to operations.
collaborate with senior leaders and their teams to drive high-value analyses and facilitate effective decision-making by gathering and prioritizing information.
Contribute to or lead other high-priority activities as determined by the CRO.
Additional responsibilities may include staffing and budget needs, recruiting efforts, supporting team members, and contributing to an innovative, inclusive, and continuous improvement workplace.
To be successful in this role, we’re seeking the following:
Bachelor‘s degree in Finance, or related discipline and combination of experience.
5-7 years of industry experience preferred.
Exceptional attention to detail, highly organized and efficient.
Motivated to manage competing priorities to achieve successful outcomes.
Strong analytical skills, with an ability to articulate complex topics simply and concisely.
Excellent interpersonal skills, with the ability to interact effectively with both senior leaders and staff across all levels of the organization.
Broad experience across functions, preferably risk management and/or compliance areas.
At BNY, our culture speaks for itself. Here’s a few of our awards:
America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
“Most Just Companies”, Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023
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 $79,000 and $147,000 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 BNYM 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.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
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.
Salary : $79,000 - $147,000
