Who we are: BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of March 31, 2020, BNY Mellon had $41.7 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news. Job Description: Responsible for the ongoing independent oversight and challenge of day-to-day operational risk management framework and related activities inclusive of client, product and process change risk assessments and risk reporting for an assigned business line/entity risk facing a potential material risk. Advises and assist the assigned business line with the evaluation of their existing processes and uses a high level of knowledge of risks that commonly arise to appropriately direct the business line's activities to address any control gaps. Uses strong familiarity with the assigned business line to anticipate, assess, monitor and report on operational, fiduciary, reputational, business and strategic risks inherent to the assigned business line. Directs the assigned business unit's compliance with the Operational Risk Management Framework by identifying, assessing and mitigating risks, identifying emerging issues, contributing to the development of processes and controls to manage risks, monitoring the adequacy and effectiveness of the control environment, remediating deficiencies, monitoring and challenging business activities and enforcing business line awareness of and adherence to the risk management framework. Independently develops reporting on outputs of risk management activities completed. May assign reporting activities to more junior professionals. All reporting adheres to established CORM policies and procedures. Ensures the assigned business line's appropriate completion of all 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. Recommends and challenges modifications to remediate risk and uses strong influence with business line management to ensure compliance, risk and control documentation and notification of all appropriate representatives and regulators. Uses established working relationships with the Risk Management, Compliance and Audit teams and members of the business line team to ensure timely completion of risk-related deliverables, issue resolution and implementation of improvements. Responsible for appropriately escalating issues to the Risk and Compliance management team. Individual Contributor, provides guidance to more junior team members and may assign tasks, as needed. Contributes to the achievement of team objectives. Modified based upon local regulations/requirements. Qualifications Bachelor s degree or the equivalent combination of education and experience is required. 10-12 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. Primary Location: United States-New Jersey-Jersey City Internal Jobcode: 85173 Job: Risk Organization: Risk-HR06016 Requisition Number: 2113122