Job Description
• To oversee operational risk management in BNYM Investment Management Businesses.
• To provide assistance to risk managers in the Investment Management Businesses to help them identify and manage risk, and meet BNYM policy requirements.
• To provide advice to risk managers in the Investment Management Businesses in regards to BNYM requirements and the use of BNYM systems and data platforms.
• To develop management information at the regional level and ensure that BNYM Senior Management have a view of risks and control environment across the Investment Management Businesses.
• To ensure escalation of material risk issues.
• To lead the established consolidated ICAAP process and help ensure meeting other relevant regulatory requirements by the consolidation group.
• To facilitate communication between the boutiques' risk management function and BNYM Enterprise Risk Management
• Risk Framework - to assist in maintaining and implementing an effective operational risk management framework in the investment management boutiques which meets BNYM standards and local regulatory requirements;
• Risk advisory - to provide advice and expertise to the investment management boutiques in respect of existing and new corporate risk policies, methodologies and tools;
• Apply analytical techniques to produce in-depth analysis of risk and control environment across the Investment Management Businesses;
• Diagnostic investigations into 'priority' operational risk events and issues across the boutiques;
• Develop and maintain regional management information;
• Coordinate the consolidated ICAAP across EMEA firms;
o Facilitate scenario development process for operational risk modelling for ICAAP that is adequate for investment management firms;
o Update consolidated ICAAP documentation to meet the regulatory requirements and support the ICAAP across the investment management boutiques;
o Update consolidated Pillar 3 Disclosure to meet the regulatory requirements;
• Risk Culture - to assist in developing and promoting risk culture across the investment management boutiques;
• Act in the role of Records Coordinator for the team.
Bachelor s degree or the equivalent combination of education and experience is required. Business or Finance degree preferred.
7-10 years of total work experience preferred.
Financial Services, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators 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.
• To provide assistance to risk managers in the Investment Management Businesses to help them identify and manage risk, and meet BNYM policy requirements.
• To provide advice to risk managers in the Investment Management Businesses in regards to BNYM requirements and the use of BNYM systems and data platforms.
• To develop management information at the regional level and ensure that BNYM Senior Management have a view of risks and control environment across the Investment Management Businesses.
• To ensure escalation of material risk issues.
• To lead the established consolidated ICAAP process and help ensure meeting other relevant regulatory requirements by the consolidation group.
• To facilitate communication between the boutiques' risk management function and BNYM Enterprise Risk Management
• Risk Framework - to assist in maintaining and implementing an effective operational risk management framework in the investment management boutiques which meets BNYM standards and local regulatory requirements;
• Risk advisory - to provide advice and expertise to the investment management boutiques in respect of existing and new corporate risk policies, methodologies and tools;
• Apply analytical techniques to produce in-depth analysis of risk and control environment across the Investment Management Businesses;
• Diagnostic investigations into 'priority' operational risk events and issues across the boutiques;
• Develop and maintain regional management information;
• Coordinate the consolidated ICAAP across EMEA firms;
o Facilitate scenario development process for operational risk modelling for ICAAP that is adequate for investment management firms;
o Update consolidated ICAAP documentation to meet the regulatory requirements and support the ICAAP across the investment management boutiques;
o Update consolidated Pillar 3 Disclosure to meet the regulatory requirements;
• Risk Culture - to assist in developing and promoting risk culture across the investment management boutiques;
• Act in the role of Records Coordinator for the team.
Bachelor s degree or the equivalent combination of education and experience is required. Business or Finance degree preferred.
7-10 years of total work experience preferred.
Financial Services, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators 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.
About BNY Mellon