Director, Operational Risk Coverage (Fund & Investor Solutions)

We’re seeking a future team member for the role of Director, Operational Risk Coverage (Fund & Investor Solutions) to join our Operational Risk team. This role is located in New York City.

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

• Define and execute the global operational risk management framework across the FIS Platform.

• Lead the identification, assessment, monitoring, and mitigation of key operations risks in the FIS Platform and the dependent platforms that support the FIS products.

• Ensure resilience and control effectiveness in large scale global platforms and products

• Engage with product and technology teams to ensure safe and scalable innovation and appropriate protocols to mitigate execution risk.

• Provide effective risk management challenge and oversight of change initiatives, including new or modified products, process changes and client onboarding, ensuring risks are identified, assessed, and mitigated effectively. Consider the impact to FIS products as the result of market and industry changes

• Anticipate emerging risks (geopolitical, macroeconomic, regulatory, technology) and advise leadership on strategic response.

• Drive alignment between global standards and local operational requirements.

• Partner with Platform leadership to embed a strong risk culture, identify risk areas, concerns, patterns & trends and drive adherence to the policies, regulations, and industry standards. Support ongoing education of stakeholders through tailored training risk related matters.

• Communicate risk insights effectively to senior leadership and stakeholders to support informed risk-taking and integration of risk management into decision-making and business processes.

• Drive continuous improvement initiatives to simplify risk processes and leverage technology for enhanced risk oversight.

• Oversee and review risk incidents and ensure remediation efforts are appropriate to minimize impact and prevent recurrence.

• Prepare concise executive-level presentations and reports for governance and regulatory engagements.

To be successful in this role, we’re seeking the following:

• 10-12 years prior work experience in a global, financial or professional services firm; fund services experience in first or second line of defense is essential.

• Strong working knowledge of global regulatory environment and risk frameworks.

• Exceptional interpersonal skills with ability to influence a diverse set of stakeholders at all levels.

• Excellent technical and strategic risk skills including analytical, critical thinking and data analytics.

• Exceptional written and verbal communication skills to interact with colleagues and present to internal and external stakeholders.

• Ability to learn, assimilate new information quickly and adjust to a changing environment.

• Bachelor’s degree with a focus in business, finance, or related discipline and relevant industry qualifications are an advantage.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $130,000 and $211,500 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY 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.