What are the responsibilities and job description for the Vice President II, Wealth Management Risk Governance position at BNY?
Job Description
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 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:
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.
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 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.
- 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.
- 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
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.
Salary : $79,000 - $147,000
