What are the responsibilities and job description for the Vice President, Third Party Management position at BNY?
Job Description
~Vice President, Third Party Governance ~ (Hybrid)
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 to join our Third-Party Governance team. This role is located in Pittsburgh, or Lake Mary, FL, and is a hybrid position.
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.
About Us
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 & 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.
About The Team
Global Operations is a client-service-driven organization whose talented and engaged team is dedicated to providing the most competitive services with the highest standards of ethics, quality and efficiency to our clients worldwide.
~Vice President, Third Party Governance ~ (Hybrid)
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 to join our Third-Party Governance team. This role is located in Pittsburgh, or Lake Mary, FL, and is a hybrid position.
In this role, you’ll make an impact in the following ways:
- Perform risk assessments by analyzing questionnaires such as third-party engagement profiles and due diligence evaluations.
- Subject Matter Expert (SME) in key third-party risk domains.
- Evaluate third-party control effectiveness and review evidence of controls by applying audit, compliance, security, and regulatory framework knowledge and experience, including, but not limited to: ISO 27001, SIG, SOC reports, as well as Privacy, Compliance, Business Resiliency, Cyber and other risk domains.
- Analyze third-party risk data, including exit strategies and performance scorecards.
- Liaise with key business partners and team members to facilitate risk analysis to identify appropriate criticality of third-parties.
- Manage required artifacts, perform quality control reviews, and support the end-to-end processing of third-party assessments.
- Develop working knowledge of the Bank of New York's operations and business services, as needed, to execute due diligence reviews and other risk activities.
- Contribute to the Third-Party Risk & Oversight program execution and adherence, including process enhancements and remediation efforts, as applicable.
- 7-10 years of total work experience
- 3 years of third-party risk assessment experience
- Bachelor's degree plus experience or relevant work experience is required
- Experience in third-party risk management and performing third-party risk assessments required
- Experience reviewing third-party information in a variety of methods e.g. interviews, meetings, review of processes, manuals, and documentation is required.
- Experience managing and responding to Audit and Regulatory inquiries.
- Knowledge of Information Security Principles including encryption, firewalls, Data Loss Prevention solutions is required.
- Ability to plan, organize, prioritize and drive workload autonomously.
- Experience driving solutions and working as part of a flexible, high-performing team.
- Outstanding interpersonal, written, and communication skills.
- 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.
About Us
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 & 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.
About The Team
Global Operations is a client-service-driven organization whose talented and engaged team is dedicated to providing the most competitive services with the highest standards of ethics, quality and efficiency to our clients worldwide.
