Job Description

Senior Specialist, Markets Third Party Governance Lead
New York, NY, United States

ID: 20430

Job Description
Team Overview:

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.

Role Overview:

The Third-Party Governance Line of Business Lead (TPG LOB Lead) will oversee all aspects of Third-Party Governance (TPG) and Vendor Management processes across Markets. This leader will monitor and manage the onboarding and ongoing activities between BNY Mellon Engagement Managers and all Third Parties. The Markets TPG LOB Lead will collaborate with the line of business senior leadership and key stakeholders, internal subject matter experts, and external Third Parties to execute the BNY Mellon TPG program key deliverables and strategic objectives. This role will be part of the broader Markets Business Management Team, which ultimately reports to the Markets Global COO.

TPG Key Responsibilities:

Support senior business leaders who serve as Executive Sponsors for key vendors to oversee and manage their third party engagements.
Become well-versed in the details of specific high and moderate risk engagements, while simultaneously managing the broader list of vendors.
Manage any audits (internal or regulatory), or risk items that entail Third Party Governance.
Ensure vendor risk exposures are accurately measured and reported, escalating issues to the relevant internal partner or subject matter expert to develop an appropriate remediation plan.
Ensures Engagement Managers are qualified for the role and provide feedback on performance, as appropriate.
Lead the development of ongoing monitoring activities and protocols with vendor relationships, bringing transparency to the residual risks of any engagements.
Provide guidance and consulting on all third party governance, oversight, and risk mitigation and will serve as a strategic advisor for a portfolio of vendors.
Maintain accurate risk profile reporting and dashboards, sharing the results with key stakeholders across the business and escalating to senior management, as appropriate.
Ensure training is completed by all appropriate employees, with a particular focus on Engagement Managers.

Skills:

Excellent written and oral communication skills
Strong project management skills, including the ability to work on simultaneous tasks across multiple teams with short lead times
Strong influencing skills, including ability to articulate complex issues and incorporate feedback
PC skills: Microsoft applications (Outlook, Excel, PowerPoint, MS Project, and Word), SharePoint, Oracle
Self-motivated, proactive, organized and diligent
Willingness to learn, develop, and take on additional responsibilities when required

Qualifications:

Bachelor’s degree or equivalent combination of education and work experience required; 5-10 years of total work experience, with 3-5 years of vendor management experience, 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.

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.

How to Apply

Job Categories: LGBT. Job Types: Full-Time.

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