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Senior Specialist, Line of Business Risk

Company: BNY Mellon
Location: Jersey City
Posted on: June 15, 2019

Job Description:

Contributes to the ongoing independent oversight and challenge of day-to-day risk management activities, client, product and process change risk assessments and risk reporting for an assigned business line/entity risk facing a moderate level of risk. Advises and assist the assigned business line with the evaluation of their existing processes and uses knowledge of risks that commonly arise to appropriately direct the business line's activities to address any control gaps. Continues to build familiarity with the assigned business line to assess, monitor and report on operational, fiduciary, reputational, business and strategic risks inherent to the assigned business line.Contributes to the assigned business unit's compliance with the Operational Risk Management Framework by assessing risks, identifying emerging issues, assisting with the development of processes and controls to manage risks, monitoring the adequacy and effectiveness of the control environment, monitoring and challenging business activities and increasing business line awareness of the risk management framework.Independently develops reporting on outputs of risk management activities completed. All reporting adheres to established CORM policies and procedures.Contributes to the assigned business line's appropriate completion of all steps involved in the identification of possible risks during the creation or modification of new products and processes and all non-standard business acceptance events. Administers modifications to reduce implementation risk, as directed, and works to ensure compliance, risk and control documentation and notification of all appropriate representatives and regulators.Continues to build working relationships with the Risk Management, Compliance and Audit teams and members of the business line team to increase the likelihood of timely completion of risk-related deliverables, issue resolution and implementation of improvements. Escalates issues, as needed.No direct reports; provides guidance to more junior team members.Contributes to the achievement of team objectives.Modified based upon local regulations/requirements. Qualifications Bachelors degree or the equivalent combination of education and experience is required. 7-10 years of total work experience preferred. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.Minorities/Females/Individuals With Disabilities/Protected Veterans. Primary Location: United States-Florida-Lake Mary Internal Jobcode: 85172 Job: Risk Organization: Pershing Domestic-HR06431 Requisition Number: Senior Specialist, Line of Business Risk

Keywords: BNY Mellon, Jersey City , Senior Specialist, Line of Business Risk, Other , Jersey City, New Jersey

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