Vice President, Auditor - Credit Risk

BNY Mellon

Bring 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 #LifeAtBNYMellon is all about. 

Team Description; Role function on team:

Internal Audit is the Third Line of Defense within our Bank's risk and control framework and functions as an independent, objective assurance group. This role is part of the Credit Risk Audit team which is responsible for independent coverage of the Global Credit Risk Framework including the risk undertaken and owned by the Lines of Business (First Line of Defense) as well as the Credit Risk Management function (Second Line of Defense) which ensures the effective management, implementation, and adherence to the credit risk management strategy for the Bank. BNY Mellon is exposed to traditional credit risk in its direct lending products, as well as counterparty and intraday credit risk from supporting various processing activities.

Responsibilities:

As we continue to establish ourselves as a top talent destination and invest in our team, we are seeking a future team member for the role of VP-Senior Auditor II to join our Credit Risk team. This hybrid role will be located in New York City, NY

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

• Conduct audit work covering the credit risk framework generated from the Bank's activities in businesses such as Markets and Wealth Management

• Provide independent oversight of credit risk management of securities financing transactions, FX and OTC derivatives, direct credit facilities among other products

• 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).

• Assist in executing the audit plan including full audits, continuous monitoring, and special assignments.

• Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.

• Contributes technical or specialized skills sets or business knowledge not readily available elsewhere in the department to solve audit issues.

• Identifies opportunities for the use of automation and actively takes part in advancing recommendations for software support requests.

• Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.

• Contributes to the achievement of team goals.

Qualifications:

• Bachelor's degree or equivalent combination of education and work experience required.

• Degree in Accounting, Finance, Business, or relevant specialty

• 5-7 years of total work experience preferred

• Prior experience in Audit or the relevant specialty area preferred.

• Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.

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 for this position is expected to be between $66,000 and $130,000 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 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.

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.