About the position
The Senior Director of Asset Servicing Risk at BNY Mellon is a pivotal role responsible for providing independent oversight and risk management for the Asset Servicing business globally. This position involves collaborating with various risk disciplines and business units to ensure a comprehensive understanding and management of both financial and non-financial risks. The role is hands-on and commercially focused, requiring direct engagement with clients and strategic product development.
Responsibilities
• Providing independent oversight and challenge of the risk environment of the Asset Servicing business.
• Acting as a delegate for the AS Chief Risk Officer in decision-making forums such as new business acceptance, product governance, and strategic risk reviews.
• Driving the strategic agenda and transformation of the ASD Risk team alongside the AS Chief Risk Officer, embedding best practices and developing the global team.
• Developing a holistic view of the risk profile of the business, integrating financial and non-financial risks and proactively managing these risks.
• Partnering with colleagues across risk disciplines to identify themes, particularly within Enterprise, Operational, Technology, Third Party, and Resiliency Risk functions.
• Collaborating with colleagues across Risk Management to consolidate the view of risk for ASD across front office, Operations, and Technology functions.
• Leading strategic initiatives for ASD Risk Management, including executive engagement and reporting, and representation on steering committees.
• Driving a culture of intelligent risk-taking and risk ownership in the first line of defense.
• Supporting the AS Chief Risk Officer in global regulator engagement.
Requirements
• Bachelor's degree or equivalent combination of education and experience is required.
• 15+ years of total work experience, with 5-7 years of management experience preferred.
• 10+ years' experience in risk-management roles in complex, enterprise environments.
• Considerable risk management experience in financial services, with custody/securities servicing experience preferred.
• Track record of building relationships and strong partnerships with key partners, especially client-facing teams and executive management.
• Excellent communication skills, with experience in executive and board-level communications.
• Non-financial or enterprise risk management experience is essential; credit or other financial risk management experience is an advantage.
• Experience in understanding complex contractual arrangements and the legal risk impacts is desirable.
• Ability to manage risk across front office, operations, and technology functions is essential.
• Experience managing risk within a complex global regulatory environment, with direct regulator engagement desirable.
• Experience in leading global teams is a plus.
Nice-to-haves
• Experience in managing risk within a complex global regulatory environment.
• Experience of leading global teams.
Benefits
• Highly competitive compensation and benefits programs.
• Access to flexible global resources and tools for personal and professional development.
• Generous paid leaves, including paid volunteer time.
• Market data assessment to ensure competitive compensation packages.
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