Job Description
About the position The Senior Director of Asset Servicing Risk at BNY Mellon is a pivotal role responsible for providing independent oversight and risk management for the Asset Servicing business globally. This position involves collaborating with various risk disciplines and business units to ensure a comprehensive understanding and management of both financial and non-financial risks. The role is hands-on and commercially focused, requiring direct engagement with clients and strategic product development. Responsibilities • Providing independent oversight and challenge of the risk environment of the Asset Servicing business. • Acting as a delegate for the AS Chief Risk Officer in decision-making forums such as new business acceptance, product governance, and strategic risk reviews. • Driving the strategic agenda and transformation of the ASD Risk team alongside the AS Chief Risk Officer, embedding best practices and developing the global team. • Developing a holistic view of the risk profile of the business, integrating financial and non-financial risks and proactively managing these risks. • Partnering with colleagues across risk disciplines to identify themes, particularly within Enterprise, Operational, Technology, Third Party, and Resiliency Risk functions. • Collaborating with colleagues across Risk Management to consolidate the view of risk for ASD across front office, Operations, and Technology functions. • Leading strategic initiatives for ASD Risk Management, including executive engagement and reporting, and representation on steering committees. • Driving a culture of intelligent risk-taking and risk ownership in the first line of defense. • Supporting the AS Chief Risk Officer in global regulator engagement. Requirements • Bachelor's degree or equivalent combination of education and experience is required. • 15+ years of total work experience, with 5-7 years of management experience preferred. • 10+ years' experience in risk-management roles in complex, enterprise environments. • Considerable risk management experience in financial services, with custody/securities servicing experience preferred. • Track record of building relationships and strong partnerships with key partners, especially client-facing teams and executive management. • Excellent communication skills, with experience in executive and board-level communications. • Non-financial or enterprise risk management experience is essential; credit or other financial risk management experience is an advantage. • Experience in understanding complex contractual arrangements and the legal risk impacts is desirable. • Ability to manage risk across front office, operations, and technology functions is essential. • Experience managing risk within a complex global regulatory environment, with direct regulator engagement desirable. • Experience in leading global teams is a plus. Nice-to-haves • Experience in managing risk within a complex global regulatory environment. • Experience of leading global teams. Benefits • Highly competitive compensation and benefits programs. • Access to flexible global resources and tools for personal and professional development. • Generous paid leaves, including paid volunteer time. • Market data assessment to ensure competitive compensation packages. Apply tot his job