BNY MellonBring 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 240 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 #LifeAtBNYMellonis all about. Team Description; Role function on team:BNY Mellon Investment Management is one of the world's largest asset and wealth managers, globally managing over US $2.0 trillion of assets for its clients. As the global investment management arm of BNY Mellon, one of the world's major financial services groups. Our seven investment firms offer a diverse range of strategies in Multi-Asset, Alternatives, Liability-Driven Investment, Active Equity, Active Fixed Income, Passive, and Cash. This function will be based in Pittsburgh and supervised out of New York, directly support the BNY Mellon IM firms.Team Description; Role function on team:As an Operational Risk Officer, this role will have daily interactions with the Business, COO, and Operations managers. Direct, face-to-face interactions are critical to ensure that we can provide appropriate independent second line of defense review, challenge, oversight, and advice to BNY Mellon Investment Management first line of defense. This role ensures that operational risks are properly identified, assessed, and mitigated, thus enabling proactive risk management aligned with on-going investment management activities and strategic priorities and plans. For BNY Mellon, it is critical for this position to review, challenge, oversee, and advise on operational risk issues and events that require detailed root cause analysis review and remediation plans. These interactions allow the employee being hired to have immediate, on-going, on the ground access to what is happening within the Business and play an important role to prevent operational losses and regulatory issues. Responsibilities: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 Dreyfus'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 membersQualifications:Bachelor's Degree or the equivalent combination of education and experience is required. Graduate degree preferred.7-10 years total work experience with 2-5 years of experience in operational risk preferred. Previous experience in an Investment Management or Asset Management organization is preferred.Excellent and demonstrable communication, written, and presentation skills are required. 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 assesses market data to ensure a competitive compensation package for our employees. The base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM 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 salary (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.#LI-HybridBNY 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.
