Vice President, 1LoD Risk and Controls
About the role
This role is located in New York, NY.
In this role, you’ll make an impact in the following ways:
- Deliver high-quality RCSA execution, including risk identification, control mapping, assessment, and documentation
- Provide coordination and execution of issue management, ORE management, new product approvals, business process change, and control telemetry for the Platform, continuously identifying opportunities for improvement and leading optimization efforts
- Monitor and report the status of 1RC program deliverables, proactively identifying and solutioning for challenges/blockers, and analyze trends and repeat issues identified; integrating outcomes into reporting
- Identify, challenge, and escalate asks and initiatives that go beyond the scope of 1RC program responsibilities
- Champion the root cause, remediation and reporting of key incidents, issues management, controls assessments, issues as relevant to the Platform
Requirements
- 5-10 years of total work experience preferred
- Strong knowledge of operational risk frameworks, including RCSA, EBCA, and RCAT
- Experience in issue management, root cause analysis, ORE management, and scenario analytics
- Understanding of control design, control mapping, and control testing
- Ability to interpret KRI and telemetry data effectively
- Strong analytical and structured problem-solving capabilities
- Effective risk communication skills
- Professional skepticism and ability to provide credible challenge
- Ability to collaborate across 1LoD, 2LoD, and 3LoD teams
- Demonstrated ownership and proactive escalation mindset
- Adaptability in evolving risk environments
About Us
At BNY, 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. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what is all about.
About The Team
At BNY, our culture speaks for itself. Check out the latest BNY news at BNY Newsroom & BNY LinkedIn.
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
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, including paid volunteer time, that can support you and your family through moments that matter.
- Eligibility for an annual discretionary incentive award
- 401(k) plan participation
- Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and eligible dependents
- Various paid time off benefits, such as vacation and sick time
Pay
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package.