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    Vice President, First Line Risk - London, United Kingdom - THE BANK OF NEW YORK MELLON CORPORATION

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    Vice President, First Line Risk

    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" - % of the world's top banks work with us as we lead and serve our customers into the new era of digital.

    With 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 , employees across countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what LifeAtBNYMellon is all about.

    We're seeking a future team member for the role of Vice President, First Line Risk to join our Global Markets Trading – First Line Exposure and Optimization team. This role is located in London, UK - HYBRID.

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

  • Engage in credit underwriting:
  • Perform client portfolio analysis (including Stress Testing and other ad hoc portfolio analysis)
  • Perform ad-hoc reviews for prospects and/or any limit modifications that need to be approved by the Credit Committee
  • Propose quantitative risk methodologies related to derivatives activities (margin methodologies, stress methodologies, funding impact etc.)
  • Contribute to Market's compliance with the Risk Management Framework by assessing risks, monitoring the adequacy and effectiveness of the control environment, and monitoring and challenging business activities.
  • Assist with the development of reporting on output of risk management activities.
  • Responsible for creating client exposure and risk/return monitoring, liaising on remediation activities together with business partners.
  • The candidate will be tasked to work in partnership with LoD, Business Management, leveraging existing risk monitoring frameworks where applicable.
  • Support appropriate completion of steps involved in identifying possible risks during the creation or modification of new products and processes and all non-standard business acceptance events.
  • The candidate will help coordinate relevant counterparty "Fire drill" and "work outs", supporting the Head of First Line Exposure and Optimization and various firm stakeholders.
  • The successful candidate will demonstrate/possess:

  • Master's degree of a quantitative discipline (Math, Science/Engineering or Quantitative Finance) or equivalent
  • Strong communication and analytical skills
  • Ability to appropriately interact with the Line of Business
  • Experience in the financial services industry.
  • A number of years total work experience
  • At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:

  • Fortune World's Most Admired Companies & Top for Diversity and Inclusion
  • Bloomberg's Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, % score Corporate Equality Index
  • , Disability: IN – % score
  • Best Workplaces for Innovators, Fast Company
  • CDP's Climate Change 'A List'
  • 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.



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