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Vice President, Auditor - Credit Risk

Employer
BNY Mellon
Location
Pittsburgh, USA
Salary
Competitive
Closing date
May 19, 2024

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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview

BNY Mellon

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 #LifeAtBNYMellon is all about.

Team Description; Role function on team:

Internal Audit is the Third Line of Defense within our Bank's risk and control framework and functions as an independent, objective assurance group. This role is part of the Credit Risk Audit team which is responsible for independent coverage of the Global Credit Risk Framework including the risk undertaken and owned by the Lines of Business (First Line of Defense) as well as the Credit Risk Management function (Second Line of Defense) which ensures the effective management, implementation, and adherence to the credit risk management strategy for the Bank. BNY Mellon is exposed to traditional credit risk in its direct lending products, as well as counterparty and intraday credit risk from supporting various processing activities.

Responsibilities:

We're seeking a future team member for the role of Senior Auditor II to join our Credit Risk team. This hybrid role will be located in Pittsburgh, PA and Lake Mary, FL.

In this role, you'll make an impact in the following ways:
  • Leads or performs audit related activities and works as a team member on audit assignments.
  • Knowledge and experience in counterparty, intraday and direct credit facilities.
  • Performs risk-focused fieldwork, in accordance with Internal Audit policies, methodologies, and standards in order to identify meaningful issues, risks and other exposures in the area of the company being audited.
  • Draws on extensive experience and/or specialist skills to plan and deliver audits.
  • Specialists may have different specific requirements but all roles involve management and problem solving with little day-to-day oversight.
  • Applies advanced analytical problem-solving skills and leads others in solving complex issues and identifying innovative solutions.
  • In such cases, contributes technical or specialized skills sets or business knowledge not readily available elsewhere in the department to solve audit issues.
  • 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).
  • Identifies opportunities for the use of automation and actively takes part in advancing recommendations for software support requests.
  • No direct reports. Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.
  • Contributes to the achievement of team goals.

Qualifications:
  • Bachelor's degree or equivalent combination of education and work experience required.
  • Degree in Accounting, Finance, Business, or relevant specialty
  • 5-7 years of total work experience preferred
  • Prior experience in Audit or the relevant specialty area preferred.
  • Additional core skill requirements include understanding of the applied and interpretation of analytics results for Audit, critical thinking and problem solving.

Our 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 assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $66,000 and $130,000 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.

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.

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