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BNY Mellon

Senior Associate, Liquidity & Finance Controls

BNY Mellon, New York, New York, us, 10261


Overview

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Senior Associate, Liquidity and Finance Controls to join our Markets Controls Team team. This role is located in New York, NY - HYBRID

In this role, you’ll make an impact in the following ways:

Operate independently and work directly with the Business, Operations, as well as Legal, Compliance, Finance and Risk functions to design, enhance and monitor a consistent and evolving control framework

Provide general support to the Business Controls Officer responsible for 1st Line controls coverage of the Liquidity and Financing business globally

Drive standardized and consistent mechanisms to evidence controls and supervision, and ensure alignment with firm-wide initiatives

Project manage remediation efforts, including corrective actions resulting from audit findings, regulatory requests and examinations, operational risk events/errors and other significant projects or tasks; manage and prioritize deliverables across multiple tasks and stakeholders

Support internal and external reviews conducted across the Liquidity and Financing business (e.g., regulatory reviews, Audits, Compliance Testing reviews, etc.)

Review documentation for evidence of successful and efficient performance of control and business procedures (including the evaluation of compliance with existing policies and procedures

Identify and escalate material risk and control issues that need to be addressed

To be successful in this role, we’re seeking the following:

Bachelor’s degree or the equivalent combination of education and experience required

3-5 years of total work experience in financial services preferred, ideally with experience in risk and control discipline (e.g., First Line Controls, Operational Risk and/or Control Assurance, Regulatory Change, etc.)

Familiarity with securities lending, liquidity & cash management products and/or collateral management is a plus

Ability to analyze a process and recommend ways to improve controls and efficiency

Strong interpersonal skills for interfacing with all levels of internal and external management

Ability to learn quickly, handle simultaneous requests and projects, and adapt to a fast-paced environment

Ability to develop remote relationships across functions and regions

At BNY, our culture speaks for itself. Here’s a few of our awards:

America’s Most Innovative Companies, Fortune, 2024

World’s Most Admired Companies, Fortune 2024

Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024

Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024

“Most Just Companies”, Just Capital and CNBC, 2024

Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024

Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

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.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $120,000 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.

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.Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

EEO Statement:

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.