Senior Specialist, Third Party Governance

The Bank Of New York Mellon Wilmington , DE 19801

Posted 1 week ago

Responsible for maintaining the global vendor or interaffiliate-TPG framework. Supports change management processes to achieve outsourcing management consistency and embed an effective risk management culture while meeting all regulatory and legal requirements.

Independently enacts policies to achieve results that satisfy the requirements of relevant regulators. Is responsible for developing and implementing a consistent and robust process to sustain compliance with all local regulatory and legal requirements, providing transparency and comfort to the relevant lines of business and ensuring continued high levels of service delivery. Implements all aspects of the unique strategy and direction for vendor and interaffiliate governance, control and risk related matters.Directs the ongoing development of the TPG framework with a focus on all applicable regulatory requirements, developing material from regulatory guidelines into workable and measurable training and support solutions.

Independently manages and delivers vendor and interaffiliate-focused solutions to TPG requirements.Regularly engages with senior stakeholders to understand regulatory requirements and drive compliance. Ensures regulatory requirements and quality standards across vendor and interaffiliate populations. Maintains an overview of all interactions with relevant stakeholders in co-ordination with the Head of TPG, global management, the Legal Department and Compliance.

Ensures appropriate and up to date contractual documentation exists and is accessible.Develops strategies for efficient implementation of key TPG policies, processes and systems. Directs the day to day interactions with functional stakeholders including Legal, Compliance and Risk to ensure TPG processes are developed and maintained to a standard that is acceptable to regulators. Responsible for addressing escalated process issues.Facilitates regular meetings to assess the quality of the TPG framework delivery and discuss any other relevant topics in relation to the outsourced services with TPG group, sponsors, stakeholders, vendors and interaffiliates.

Manages vendor and interaffiliate relationships in scope with appropriate measurement and management tools and other related documentation. Drives a consistent global approach to BAU outsourcing management. Delivers robust metrics and reporting on global outsourcing activity.Ensures key ways of working are embedded and developed to maintain a positive control on regulatory governance.

Supports the design and implementation of an information repository to hold all completed outsourcing documentation.Continues to build strong relationships with all key stakeholders, such as Business and Legal Entity Managers and all key stakeholders and vendors. Builds and maintain strong relationships within the TPG group in order to present a single client face to customers.No direct reports. Directs more junior staff.Contributes to the achievement of global objectives and fulfillment of local and regional accountabilities.Modified based upon local regulations/requirements. Qualifications Bachelor's degree or equivalent combination of education and work experience required. 7-10 years of total work experience preferred.

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 & safeguards nearly one-fifth of the world's financial assets.

BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients 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 more than 100 markets.

It's 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: bnymellon.com/careers.

Finance helps our internal clients outperform over time. At BNY Mellon, Finance serves our internal clients by providing world-class accounting operations and control and decision support while instituting world-class change management.Global Procurement is responsible for establishing the programs to acquire products and services for BNY Mellon by employing deep category knowledge and commodity expertise, coupled with an understanding of the needs of our businesses and business partner groups.The Corporate Treasury group is responsible for managing the investment portfolios and the liquidity and capital positions of the various subsidiary banks and of BNY Mellon.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.

Minorities/Females/Individuals With Disabilities/Protected Veterans.

Primary Location: United States-Delaware-Wilmington

Internal Jobcode: 85238

Job: Finance/Accounting

Organization: BNY Mellon CAO-HR16507

Requisition Number: 1903400



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Senior Specialist, Third Party Governance

The Bank Of New York Mellon