About this role
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. In this role, you will make an impact in the following ways:
• Oversees risk-focused audit activities, in accordance with Internal Audit policies, methodologies, and standards to identify meaningful issues, risks and other exposures in areas being audited. • Collaborating with Audit Leadership team to determine and prioritize regulatory priorities and business strategies. • Working as an “in-charge” on audits and/or regulatory validations related to Swap Dealer Risk Management, market risk management, global markets trading, securities finance, liquidity and margin services. • Familiar with key aspects of the Market Risk Management (MRM) framework including market risk regulatory capital calculations, related regulatory reporting (FFIEC102), VaR/SVaR back testing, market risk limits, covered position recognition, implementation of forthcoming Fundamental Review of the Trading Book (FRTB) requirements. etc. • Has demonstrated ability to articulate difficult concepts to others, adapting communication methods/approaches as necessary. • Providing Senior Management with recommendations and consultation to improve reimagine audit processes and practices. • Identifies inconsistencies with the control environment, regulatory requirements and best practices and initiates the development of a structure or solution to address the issue(s). • Strong project management skills creating long- and short-term plans, including setting targets for milestones and adhering to deadlines. • Working with relevant stakeholders to deliver, monitor and communicate progress towards goals. • Identifying and providing recommendations on improvements across the organization • Identifies opportunities for the use of automation and makes recommendations for software support requests. • No direct reports. Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.
To be successful in this role, we’re seeking the following:
• Bachelor's degree or equivalent combination of education and work experience required. • 7-10 years of total work experience preferred. • Prior experience in Internal Audit and/or Knowledge and experience in the following areas preferred: • Market Risk Management; including global regulatory requirements • Capital Markets, including: • Fixed income & Equities Trading • Broker Dealer compliance
• Foreign Exchange Trading (Spot, Forwards, Derivative. Options) • Derivatives Trading (Interest Rates/Equity) • Swap Dealer (CFTC Rule Compliance) • Securities Finance • Liquidity and Margin services
• Familiarity with new innovative AI-enabled audit testing and continuous auditing concepts is a plus. • Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.