Director, Head of Enterprise Collateral Risk (2LOD)

The Role

The Head of Enterprise Collateral Risk (2LOD) is a senior leadership role responsible for overseeing collateral risk across a broad range of financing transactions. This role combines deep analytical rigor with data-driven insight to support smart risk decisions while maintaining strong 2LOD governance.

Impact

• Provide expert second-line oversight of enterprise-wide financial collateral risk across a diverse set of financing products, ensuring activity remains within established risk appetite.
• Act as a consultative partner and effective challenger to the first line of defense (1LOD), reviewing collateral and margin requests, advising on transaction structuring, and recommending adjustments that align with risk appetite and revenue objectives.
• Partner with 1LOD, Credit Risk, and Risk Analytics teams to strengthen collateral standards, including robust stress-testing methodologies.
• Lead the quarterly Collateral and Margin Review Committee, driving portfolio reviews, risk reporting, and data-backed action plans that balance growth with appropriate safeguards.
• Drive enhancement of analytics used to assess collateral risk and related margin exposure.
• Prepare and deliver periodic written and verbal updates to regulators on portfolio performance, emerging risks, and policy developments.
• Ensure financial collateral risk policies, procedures, and guidelines remain current, reflecting evolving business needs, regulatory expectations, and the integration of intelligent automation tools.
• Participate in quarterly enterprise-wide portfolio review forums, highlighting trends, concentrations, and risk mitigation strategies through dashboards and management reporting.

Requirements

• 10-15 years of experience in credit and/or market risk management.
• Proven track record in assessing the risk of global financial instruments.
• Demonstrated experience leading digital, data, or AI/ML transformation initiatives within a risk management environment.
• Bachelor's degree in Finance, Economics, Accounting, or a related field required; MBA or CFA preferred.
• Exceptional analytical and financial modeling skills, with strong attention to detail and proficiency in data visualization tools such as Tableau or Power BI.
• Strong commercial acumen, with the ability to translate risk insights into client-focused financing solutions.
• Proven leadership capability with a strong âThrive Togetherâ mindset.
• Excellent communication and stakeholder management skills, including experience presenting to senior executives and regulators.
• Sound judgment and decisive decision-making, with the ability to clearly articulate risk/return trade-offs.
• Deep knowledge of credit risk frameworks, policies, scorecards, and regulatory expectations, including Basel, CRD, and local regulatory requirements.
• Digital fluency, including familiarity with machine learning concepts, API integrations, and intelligent workflow tools.

Benefits

At BNY Mellon, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Pay & Schedule

Details on pay and schedule are not specified in the job posting.

Qualifications

Details on qualifications are not specified in the job posting.

Skills

Details on skills are not specified in the job posting.

Benefits

Details on benefits are not specified in the job posting.

Application Instructions

Details on application instructions are not specified in the job posting.

Company Information

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