Vice President, Auditor - Credit Risk

Vice President, Auditor - Credit Risk

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets.

Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace.

Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Vice President, Auditor to join our Internal Audit that supports Credit Risk team.

This role can be located in New York, NY; Pittsburgh, PA; and Lake Mary, FL in a Hybrid work environment.

About the team :

Internal Audit is the Third Line of Defense within our Bank’s risk and control framework and functions as an independent, objective assurance group.

This role is part of the Credit Risk Audit team which is responsible for independent coverage of the Global Credit Risk Framework including the risk undertaken and owned by the Lines of Business (First Line of Defense) as well as the Credit Risk Management function (Second Line of Defense) which ensures the effective management, implementation, and adherence to the credit risk management strategy for the Bank.

BNY is exposed to traditional credit risk in its direct lending products, as well as counterparty and intraday credit risk from supporting various processing activities.

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

• Conduct audit work covering the credit risk framework generated from the Bank’s activities in businesses such as Markets and Wealth Management
• Provide independent oversight of credit risk management of securities financing transactions, FX and OTC derivatives, direct credit facilities among other products
• Identifies inconsistencies with the control environment, regulatory requirements and best practices and initiates the development of a structure or solution to address the issue(s).
• Assist in executing the audit plan including full audits, continuous monitoring, and special assignments.
• Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.
• Contributes technical or specialized skills sets or business knowledge not readily available elsewhere in the department to solve audit issues.
• Identifies opportunities for the use of automation and actively takes part in advancing recommendations for software support requests.
• Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.
• Contributes to the achievement of team goals.

To be successful in this role, we’re seeking the following :

• Bachelor's degree or equivalent combination of education and work experience required.
• Degree in Accounting, Finance, Business, or relevant specialty
• 5-7 years of total work experience preferred
• Prior experience in Audit or the relevant specialty area preferred.
• Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.

At BNY, our culture speaks for itself. Here’s a few of our awards :

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion , Disability : IN 100% score, 2023-2024
• Most Just Companies , Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits :

BNY 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.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $66,000 and $130,000 per year at the commencement of employment.

However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department / team performance, and market factors.

LI-Hybrid

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.