Vice President, Operational Risk Framework

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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.

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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 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. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

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.

We’re seeking a future team member for the role of Vice President, Operational Risk Framework to join Operational Risk team. This role is located in Pittsburgh, PA. 

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

• As a Vice President in the Operational Risk Framework Program, you will play a pivotal role in strengthening BNY’s risk management framework by leading the design, implementation, and continuous improvement of the Operational Risk Event and Metrics Programs.
• You will ensure alignment with regulatory requirements and industry best practices while driving collaboration and seamless integration between Events, Limits and Indicators Programs
• Support team in ownership of operational risk policies, procedures, and training, driving consistent first- and second-line execution, strengthening risk governance, and supporting effective stakeholder adoption.
• Drive initiatives to enhance the Operational Risk framework by fostering cross-program collaboration and integration, ensuring consistency and synergy across the operational risk management programs.
• Collaborate closely with first line partners and other program leads to ensure timely identification, assessment, escalation, and event remediation in an integrated and efficient manner.
• Develop and optimize end-to-end risk processes, workflows, and tools that support cross-program data sharing, reporting, and risk insights to improve efficiency and effectiveness.
• Monitor regulatory developments and industry trends to proactively update the risk framework and maintain compliance, ensuring alignment with other risk and control programs.
• Prepare and present integrated reports, dashboards, and insights on risk and control outcomes, risk trends, and remediation progress to senior management and governance committees, highlighting cross-program risk perspectives.
• Foster strong partnerships across business units, risk functions, and other program teams to embed integrated risk practices into daily operations and decision-making.

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

• 6-10 years of experience in risk management, control frameworks, or compliance within a financial services environment, with demonstrated success in cross-program integration.
• Strong knowledge of risk methodologies and second line of defense responsibilities, including experience integrating multiple risk and control programs.
• Excellent stakeholder management and communication skills, with experience working across multiple business lines and risk programs.
• Ability to analyze complex risk data across programs and translate into actionable insights for senior leadership.
• Familiarity in Risk Assessment Programs such as Operational Risk Event Management, Issue Management, Risk Appetite Limits and Key Risk Indicators.