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Vice President, Operational Risk - Issue Management

Vice President, Operational Risk - Issue Management

BNYNew York, NY, United States
20 days ago
Job type
  • Full-time
Job description

Vice President, Operational Risk - Issue Management

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the worlds financial system we touch nearly 20% of the worlds 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.

Were seeking a future team member for the role of Vice President, Issue Management program team, to join our second line of defense Operational Risk team. This role is located in New York, NY (4 days a week in office).

In this role, youll make an impact in the following ways :

  • Support the management of the Issue Management program within the 2nd line of defense, ensuring robust identification and assessment processes that are integrated effectively with other risk and control frameworks across BNY.
  • Drive transformation initiatives to enhance the Issue Management framework by fostering cross-program collaboration and integration, ensuring consistency and synergy across non-financial risk management programs.
  • Collaborate closely with first line partners and other program leads to ensure timely identification, assessment, escalation, and remediation of risks and control issues in an integrated manner.
  • Develop and optimize end-to-end Issue Management processes, workflows, and tools that support cross-program data sharing, reporting, and risk insights to improve efficiency and effectiveness.
  • Monitor regulatory developments and industry trends to proactively update the Issue Management framework and maintain compliance, ensuring alignment with other risk and control programs.
  • Prepare and present integrated reports, dashboards, and insights on Issue Management outcomes, risk trends, and remediation progress to senior management and governance committees, highlighting cross-program risk perspectives.
  • Foster strong partnerships across all lines of defense including business units, risk functions, and other program teams to embed integrated Issue Management practices into daily operations and decision-making.

To be successful in this role, were seeking the following :

  • 5-7 years of experience in risk management, control frameworks, or compliance within a financial services environment, with demonstrated success in cross-program integration.
  • Strong knowledge of Issue Management methodologies and second line of defense responsibilities, including experience integrating multiple risk and control programs.
  • Demonstrated ability to lead transformation projects and drive process improvements with a focus on program integration and collaboration.
  • Excellent stakeholder management and communication skills, with experience working across multiple business lines and risk programs.
  • Ability to analyze complex risk data across programs and translate into actionable insights for senior leadership.
  • Familiarity in adjacent Non-financial Risk Assessment Programs such as RCSA, Compliance Risk Assessment and Financial Crimes.
  • At BNY, our culture speaks for itself. Heres a few of our awards :

  • Americas Most Innovative Companies, Fortune, 2024
  • Worlds 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
  • Bloombergs 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 lifes 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 is an Equal Employment Opportunity / Affirmative Action Employer - Underrepresented racial and ethnic groups / Females / Individuals with Disabilities / Protected Veterans.

    BNY assesses market data to ensure a competitive compensation package for our employees.

    The base salary for this position is expected to be between $75,000 and $150,000 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 (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.

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    Vice President Risk • New York, NY, United States

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