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

The Bank of New York Mellon Corporation

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Contributes to the ongoing independent oversight of day-to-day risk management activities, client, product and process change risk assessments and risk reporting for an assigned business line/entity risk facing a moderate level of risk.

Assists the assigned business line with the evaluation of their existing processes and activities to address any control gaps.

Continues to build familiarity with the assigned business line in order to assess, monitor and report on operational, fiduciary, reputational, business and strategic risks inherent to the assigned business line.

Contributes to the assigned business unit's compliance with the Operational Risk Management Framework by assessing risks, monitoring the adequacy and effectiveness of the control environment, monitoring and challenging business activities and promoting business line awareness of the risk management framework.

Contributes to the development of reporting on outputs of risk management activities completed. Reporting generally adheres to established CORM policies and procedures. Requests reporting guidance from more senior professionals, as needed.

Assists with the assigned business line's appropriate completion of some steps involved in the identification of possible risks during the creation or modification of new products and processes and all non-standard business acceptance events.

Works to ensure compliance, risk and control documentation and notification of all appropriate representatives and regulators.

Continues to build working relationships with the Risk Management, Compliance and Audit teams and members of the business line team to increase the likelihood of timely completion of risk-related deliverables, issue resolution and implementation of improvements.

Escalates issues, as needed. No direct reports,, provides guidance to more junior team members.
Contributes to the achievement of team objectives. Modified based upon local regulations/requirements.
Bachelor's degree or the equivalent combination of education and experience is required. 5-7 years of total work experience preferred. 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.

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.