The Bank Of New York Mellon Pittsburgh , PA 15201
Posted 2 days ago
VICE PRESIDENT, THIRD PARTY GOVERNANCE II
Note: This is a pipeline requisition and does not represent any one particular job opening. By applying to this pipeline requisition, your interest will be reviewed for multiple potential Third-Party Governance openings based upon your background and disclosed work preference.
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role of Third Party Governance II to join our Clearing Markets Treasury Engineering team. This role is located in Pittsburgh, PA and Lake Mary, FL, and will work a Hybrid schedule (3 days per week in-office required). Candidate must reside within a commutable distance to this work location, as we are unable to accommodate 100% virtual work arrangements.
In this role, you'll make an impact in the following ways:
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
To be successful in this role, we're seeking the following:
At BNY, our culture speaks for itself. Here's a few of our awards:
Our Benefits and Rewards:
BNY 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, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
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.
The Bank Of New York Mellon