Specialist, Line of Business Risk

Job Description

OverviewContributes to the ongoing independent oversight 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. Assists the assignedbusiness line with the evaluation of their existing processes and activities to address any control gaps. Continues to build familiarity with the assigned business line in order to assess, monitor and report on operational, fiduciary, reputational, businessand strategic risks inherent to the assigned business line. Contributes to the assigned business units compliance with the Operational Risk Management Framework by assessing risks, monitoring the adequacy and effectiveness of the control environment, monitoringand challenging business activities and promoting business line awareness of the risk management framework. Contributes to the development of reporting on outputs of risk management activities completed. Reporting generally adheres to established CORM policiesand procedures. Requests reporting guidance from more senior professionals, as needed. Assists with the assigned business lines appropriate completion of some steps involved in the identification of possible risks during the creation or modification of newproducts and processes and all non-standard business acceptance events. 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 guidanceto more junior team members.Contributes to the achievement of team objectives. Modified based upon local regulations/requirements.Bachelors degree or the equivalent combination of education and experience is required. 5-7 years of total work 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. Employer Description: 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 and safeguards nearly one-fifth of the worlds financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helpingclients 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 morethan 100 markets. Its 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: careers.