Senior Vice President, Auditor, Credit Risk
About the role
The Senior Vice President, Project Lead role is located in New York, NY. This role involves leading risk-based audits, serving as a subject matter expert for credit-risk audits, assessing control environments, recommending process improvements, and coordinating with stakeholders.
Responsibilities
- Lead risk-based audits aligned to Internal Audit policies, methodologies, and standards to identify significant issues, risks, and control gaps.
- Serve as SME for credit-risk audits and regulatory issue validations; perform risk assessment, scoping, execution, and reporting.
- Coverage includes lending, counterparty credit risk, intraday credit risk generated by BNY’s global businesses.
- Assess the control environment against regulatory requirements and leading practices; propose and drive practical remediation strategies.
- Partner with Audit Leadership to align audit plans with both existing and emerging risks within the business strategy.
- Coordinate with stakeholders to deliver audit engagements; communicate progress, findings, and remediation status through closure.
- Recommend enhancements to processes, controls, and risk management, including root-cause analysis and sustainable corrective actions.
- Identify opportunities to automate testing and reporting; propose data analytic or AI based solutions to increase audit testing efficiency and coverage.
Requirements
- Bachelor’s degree in accounting, finance, economics, or a related discipline such as Computer Science, Mathematics.
- At least 7 years of relevant experience, including audit or credit-risk/credit-services domains.
- Advanced credentials preferred (e.g. FRM, CFA).
- Strong analytical skills with the ability to interpret quantitative outputs and translate insights into audit conclusions and recommendations.
- Demonstrated critical thinking, problem solving, stakeholder management, and written/verbal communication skills.
- Familiar with regulatory requirements including Supervision and Regulation Letters (e.g. SR 11-10).
- Experience drafting high-quality audit issues (issue articulation, impact, root cause, action plans) and driving remediation to closure.
- Strong interest on adapting new digital tool/AI in all phases of audit work creating capacity for deeper coverage and continuous monitoring.
Qualifications
- Embrace in-office collaboration four days per week to strengthen teamwork, accelerate decision-making, and enhance stakeholder engagement through regular in-person planning, reviews, and mentorship.
Skills
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to manage multiple projects and priorities.
- Knowledge of regulatory requirements and best practices in credit risk management.
- Experience with data analytics and AI applications in auditing.
Benefits
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. Benefits include:
- Flexible global resources and tools for your life’s journey.
- Focus on your health, foster your personal resilience, and reach your financial goals.
- Generous paid leaves, including paid volunteer time, to support you and your family through moments that matter.
Pay
The base salary for this position is expected to be between $102,000 and $203,000 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 BNY 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.
Schedule
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.