Bring your ideas. Make history.BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital. With over 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what#LifeAtBNYMellonis all about.We're seeking a future team member for the role of Senior First Line Risk Officer to join our Global Markets Trading – First Line Exposure and Optimization team. This role is located in New York City, NY - HYBRID.In this role, you'll make an impact in the following ways: Engage in credit underwriting: Perform client portfolio analysis (including Stress Testing and other ad hoc portfolio analysis)Perform ad-hoc reviews for prospects and/or any limit modifications that need to be approved by the Credit CommitteePropose quantitative risk methodologies related to derivatives activities (margin methodologies, stress methodologies, funding impact etc.)Contribute to Market's compliance with the Risk Management Framework by assessing risks, monitoring the adequacy and effectiveness of the control environment, and monitoring and challenging business activities.Assist with the development of reporting on output of risk management activities.Responsible for creating client exposure and risk/return monitoring, liaising on remediation activities together with business partners.The candidate will be tasked to work in partnership with 2LoD, Business Management, leveraging existing risk monitoring frameworks where applicable.Support appropriate completion of steps involved in identifying possible risks during the creation or modification of new products and processes and all non-standard business acceptance events.The candidate will help coordinate relevant counterparty "Fire drill" and "work outs", supporting the Head of First Line Exposure and Optimization and various firm stakeholders.To be successful in this role, we're seeking the following: Master's degree of a quantitative discipline (Math, Science/Engineering or Quantitative Finance) or equivalent required Strong communication and analytical skillsAbility to appropriately interact with the Line of Business Experience in the financial services industry preferred7 - 10 years of total work experience required At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards: Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion, 2023 Bloomberg's Gender Equality Index (GEI), 2023Human Rights Campaign Foundation, Corporate Equality Index, 2023Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023Dow Jones Sustainability Indices, Top performing company for Sustainability, 2023Forbes Blockchain 50, 2023Our Benefits: BNY Mellon 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $97,000 and $179,000 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 BNYM 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.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.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.
