Senior Specialist, Line of Business Risk - Manchester, United Kingdom - The Bank of New York Mellon Corporation

The Bank of New York Mellon Corporation

Verified Company

Manchester, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview Of BNY Mellon:

Reporting to team lead of Fund Accounting Operational Risk Management, the Operational Risk Officer (ORO) will be part of a global team within the 2nd line of defence providing Op Risk coverage with a specialization in the review of Operational Risk Events and other key elements of the Operational Risk Framework.

Responsibilities:

Work closely with the 1LOD in execution of key elements of the operational risk framework, including Risk & Control Self Assessments, Key Risk Indicators, Operational Risk Events and Business Process Change risk assessments.
Significant focus on the review of ORES will support the 1LOD in the identification and review of OREs, including completion of root cause analysis, follow on action plans and collection of required source documentation.
Will lead training of ORE review fundamentals to 1LOD and 2LOD staff members
Responsible for identification of material risks, assess the effectiveness of control design and ensure that control gaps are closed.
Will also support Fund Accounting Operational Risk team in key program enhancement initiatives including manual process remediation and integration of manual processes into the Operational Risk framework.
Responsible for appropriately escalating and framing risk issues to the Risk and Compliance management team.
Ensures that all challenge and issues raised are suitably evidenced and recorded.

Competencies & Experience

Strong understanding of BNY Mellon products and operations
Able to develop and establish collaborative working relationships with colleagues in both lines of defense to ensure a timely and complete Operational Risk framework execution.
Strong interpersonal and communication skills, with the ability to interact effectively with senior leaders across 1LOD RMs, Operations Control, Operations and Risk Management.
Strong analytical skills and ability to learn and assimilate new information quickly.
510 years of total work experience preferred.
An understanding of the Operational Risk Framework and its associated risk tools
Bachelor's degree or the equivalent combination of education and experience is required.

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 well-being and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
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We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.