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13 Mar 2023

Full-Time Operational Risk Assurance, Sr Specialist

Dawn Kelleher – Posted by Dawn Kelleher Pittsburgh, Pennsylvania, United States

Job Description

Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world’s top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” – 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

We’re seeking a future team member for the role Operational Risk Assurance Senior Specialist. The Enterprise Risk Assurance (“ERA”) function is part of a growing team within the Enterprise-Wide Risk Management function within the Second Line of Defense. ERA provides assurance over the effectiveness of the Firm’s design and implementation of systems and approaches for identifying, managing, monitoring, measuring, and reporting on the core risk and compliance activities governed by the Risk & Compliance function. ERA conducts reviews / continuous testing of the design and operating effectiveness of risk and compliance frameworks to identify value-add solutions that optimize effectiveness and sustainability.

ERA is seeking a VP to lead and assist, as needed, on risk assurance reviews over the effectiveness of the Firm’s Operational Risk Management Framework. The VP will work closely with the team manager and team members to executive reviews within the annual review plan in a timely and high-quality manner.

In this role, you’ll make an impact in the following ways:

Conduct detailed audit-like testing activities to help deliver upon ERA’s Operational Risk Assurance Review Plan. This includes:
Day-to-day management of a review as a team lead and/or member of a review team, including, but not limited to, developing a project plan, allocating tasks to team members, ensuring ongoing monitoring, coordination with and communication to team members and the manager, escalation to senior management, as needed
Test execution to evaluate the design and operating effectiveness of key controls and detailed analysis of completeness, accuracy, and quality of risk data
Identification, documentation and communication of issues to stakeholders, including conducting a root cause and impact analysis and evaluating appropriateness of remediation plans
Ensure workpaper documentation is comprehensive and complete, and the results are factually correct, including conducting in-flight quality assurance
Perform issue management activities which may include:
Validation of evidentiary matter submitted by issue owners to assess if remediation plans were addressed, and reasonable actions were taken to remediate the root cause / issue
Issue tracking to manage and monitor issues coming due, past due and any that require further escalation
Build relationships with organizational managers to increase the likelihood that risk-related deliverables, issue resolution and implementation of improvements will be completed on time.
Escalate issues to more senior professionals. No direct reports.
To be successful in this role, we’re seeking the following:

Ability to work in a team environment and contribute to team objectives
Ability to lead and assist in projects and motivate project members into consistent high performance
Flexible and adaptable with the ability to coordinate completion of multiple tasks, effectively manage time and work independently
Excellent communication skills (verbal and written) in interactions with peers, senior stakeholders and senior management
Strong analytical skills with high attention to detail and accuracy
Ability to test and evaluate large/complex sets of data to draw conclusions, as well as the ability to assess and understand a process end-to-end and be able to identify and test the key controls that exist within (or identify gaps if none exist)
Superior workpaper documentation skills to ensure that deliverables support the work performed and that the documentation is review-ready for external stakeholders and senior management
At least 7-10 years of Internal / External audit experience, including 2-4 years leading projects
Desired Qualifications:

Operational risk management background
Business / finance knowledge
Intermediate level skills with Microsoft programs (Word, Excel, PowerPoint, Power BI)
At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:

Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg’s Gender Equality Index (GEI)
Best Places to Work for Disability Inclusion, Disability: IN – 100% score
100 Best Workplaces for Innovators, Fast Company
Human Rights Campaign Foundation, 100% score Corporate Equality Index
CDP’s Climate Change ‘A List’
Our Benefits:

BNY Mellon 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 that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

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Job Types: Full-Time.

Job expires in 19 days.

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