Specialist, Control

Overview

Job Description:

Responsible for facilitating the Operational Risk Event process to ensure events are captured timely and accurately in accordance with policy requirements. Identifies, analyzes, and minimizes risk via control and risk education and operational risk support activities and manages projects to meet regulatory and corporate expectations. Leads projects/analyses and may assign work to other team members. Operating with a high degree of independence, conducts analyses to improve internal controls that keep up with regulations and corporate standards. Ensures that existing control and business recovery practices and procedures are documented. Works with the business to understand the controls currently in place to minimize risk. May help design and deliver risk management training programs to ensure that proper control procedures are understood and followed. Reviews documentation for evidence of successful and efficient performance of control and business recovery procedures. Identifies deficiencies in data systems and creates processes to improve defenses. Assists in analyzing technology and market trends to determine potential resulting risks to the organization and how to address risks across businesses. Contributes to the achievement of area objectives. Supports multiple, complex projects and owns project timelines. Provides input into the development of controls and protocols for the function.

Job duties:

• Experience with Control Standard methodology
• Knowledge around operational risk events and streamlining the process
• Manage relationship with stakeholders regarding ORE detail required
• Utilizing the ServiceNow application to input and manage the ORE lifecycle
• Adhere to policy requirements and timeframes
• Improve ORE accuracy
• Drive Root Cause analysis and Lessons Learned Discussions
• Have analytical and critical thinking
• Experience in Asset Servicing an/or Operations preferred

Education:

• Bachelor’s degree or equivalent combination of education and work experience required; advanced degree preferred
• 5-7 years of total work experience preferred; experience in the securities or financial services industry is preferred.

Key words, Phrases, Skills, ETC..

Operational risk events, communication, risk management, control, analytics, critical thinking, problem solving, root cause analysis, relationship management, stakeholder management, independent worker, reconciliation.

Employer Description:

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 and 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.