Vice President, Auditor, Markets

About the role

You will make an impact by overseeing risk-focused audit activities, collaborating with Audit Leadership team to determine and prioritize regulatory priorities and business strategies, working as an "in-charge" on audits and/or regulatory validations related to Swap Dealer Risk Management, market risk management, global markets trading, securities finance, liquidity and margin services, and identifying inconsistencies with the control environment, regulatory requirements and best practices.

Responsibilities

• Oversees risk-focused audit activities, in accordance with Internal Audit policies, methodologies, and standards to identify meaningful issues, risks and other exposures in areas being audited.
• Collaborating with Audit Leadership team to determine and prioritize regulatory priorities and business strategies.
• Working as an "in-charge" on audits and/or regulatory validations related to Swap Dealer Risk Management, market risk management, global markets trading, securities finance, liquidity and margin services.
• Familiar with key aspects of the Market Risk Management (MRM) framework including market risk regulatory capital calculations, related regulatory reporting (FFIEC102), VaR/SVaR back testing, market risk limits, covered position recognition, implementation of forthcoming Fundamental Review of the Trading Book (FRTB) requirements.
• Has demonstrated ability to articulate difficult concepts to others, adapting communication methods/approaches as necessary.
• Providing Senior Management with recommendations and consultation to improve reimagine audit processes and practices.
• 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).
• Strong project management skills creating long- and short-term plans, including setting targets for milestones and adhering to deadlines.
• Working with relevant stakeholders to deliver, monitor and communicate progress towards goals.
• Identifying and providing recommendations on improvements across the organization.
• Identifying opportunities for the use of automation and making recommendations for software support requests.

Requirements

• Bachelor's degree or equivalent combination of education and work experience required.
• 7-10 years of total work experience preferred.
• Prior experience in Internal Audit and/or Knowledge and experience in the following areas preferred: Market Risk Management; including global regulatory requirements Capital Markets, including: Fixed income & Equities Trading Broker Dealer compliance Foreign Exchange Trading (Spot, Forwards, Derivative. Options) Derivatives Trading (Interest Rates/Equity) Swap Dealer (CFTC Rule Compliance) Securities Finance Liquidity and Margin services.
• Familiarity with new innovative AI-enabled audit testing and continuous auditing concepts is a plus.
• Understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.

Qualifications

No direct reports.

Demonstrated leadership through work guidance and training of less experienced peers and through advice to assigned clients.

Skills

Understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.

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.

Pay

The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.

Schedule

If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.