Group Manager, Control
- New York, NY, USA New York NY US
- Permanent, Full time
- BNY Mellon
- 22 Jul 18 2018-07-22
Group Manager, Control
CSD Control Management, as part of the First Line of Defense, supports the overall control and risk framework to ensure that the control culture across all areas of CSD is embedded, sound and meeting client needs. The team consists of c.180 Control Managers embedded with businesses in over 35 global cities supporting over 18,000 staff members. Businesses within CSD rely on CSD Control Management to conduct independent control and risk assessments; develop standardized controls that represent operating best practices; provide education on controls and emerging risks, and support business development and change.
Control - M3 Through subordinate managers, responsible for identifying, analyzing, monitoring and minimizing business risks, and ensures proper control policies and procedures are in place. Manages multiple teams that are responsible for control testing and reporting on control standards. Develops training on policies and procedures concerning controls and risk management. Monitors results on key risks, errors/near misses, reconciliations and root cause analyses as reported by subordinate managers. Analyzes and determines appropriate level management intervention. Leads and contributes to policies for developing, documenting and analyzing existing control procedures. Analyzes documentation for evidence of successful and efficient performance. Ensures team objectives are aligned to functional objectives. Manages complex projects that involve working with businesses to improve controls to mitigate any deficiencies. Ensures controls meet regulatory and organization standards. Projects are usually broader and focused on long-term operational issues. Contributes to strategic projects/initiatives for the function. Uses in-depth knowledge of market trends to determine potential risks to the organization. Manages analysis and draws conclusions in order to recommend and direct any resulting change needed to mitigate risk. Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Manages a large or specialized team of Control professionals or multiple teams. Work is primarily accomplished through subordinate managers. May have matrixed management responsibility and oversee geographically dispersed teams, adding to the complexity of duties. Responsible for the achievement of goals and objectives comprising of multiple teams, talent management and supervision of Control professionals and other managers.
Bachelor's degree or equivalent combination of education and work experience required. Advanced degree preferred 7-10 years of total work experience with 1-3 years of management experience preferred. Experience in the securities or financial services industry preferred.
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 & 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.
Client Service Delivery (CSD) brings together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. CSD helps clients to conduct business, service assets, and engage in transactions in 35 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - CSD is working to make BNY Mellon the recognized industry service quality and productivity leader. Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
Primary Location: United States-New York-New York
Internal Jobcode: 70317
Requisition Number: 1805255