Vice President, Operational Risk Coverage

Job DescriptionAt BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what is all about. Join us and be part of something extraordinary.We’re seeking a future team member for the role of Vice President, Operational Risk Coverage to join our team. This role will be located in Manchester, UK.About The TeamReporting to the Operational Risk Management Senior Director, the Operational Risk Coverage Officer will be part of a global team within the 2nd Line of Defense overseeing five BNY Enterprise Platforms including Client Onboarding, Reconciliations, Revenue and Billing Services, Contact Center, Portal Services and Client Services Hub and Practice.The Operational Risk Coverage Officer will have daily interactions with the Business and Operations teams to provide independent second line of defense review, challenge, oversight, and advice to the first line of defense and ensure that operational risks are properly identified, assessed, and mitigated, also contributing to proactive risk management for new initiatives and strategic priorities.The Operational Risk Coverage officer will have the following responsibilities:Provide oversight, review, challenge and advice for Enterprise Platform adherence with the Operational Risk Management Framework including Risk & Control Self Assessments, Key Risk Indicators, Operational Risk Events and Business Process Change risk assessments.Advice and guidance on how to manage operational risks, including identification of new and emerging risks, use of sufficient and appropriate controls, review and remediation of operational risk events and actions to mitigate control gaps. Oversight and proactive engagement with strategic initiatives focusing on risk management solutions that enable safe and sound business growth, making recommendations to reduce implementation risk while ensuring compliance, risk and control documentation and notification of all appropriate representatives and regulators.Oversight of 1LOD issue escalation and ownership of 2LOD issue escalation to the Risk and Compliance management team.Documentation for 2LOD raised challenges and issues and follow-up on 1LOD actions to address them. Development, documentation and discussion of risk views, including thematic reviews and independent assessments.To be successful in this role, we’re seeking the following skills:Education: Preferred secondary/university graduate degree or equivalent combination of education and experience.Experience: Experience in financial industry, preferably with some experience in Operational Risk (or equivalent Control function), Compliance and/or internal audit, ideally gained at a large bank or financial institution.Strong analytical skills with ability to identify risk trends, patterns, and concentrations and collate, and distill relevant information.Ability to work independently with high productivity in a fast-paced environment, prioritize competing demands, and proactively manage challenges.Strong interpersonal skills to work with stakeholders across the Three Lines of Defense to convey complex issues succinctly. Build relationships with 1LOD and 2LOD colleagues to complete risk tasks, resolve issues, and implement improvements promptly.Familiarity with Operational Risk Management Framework and associated tools (RCSAs, KRIs, OREs)Experience in AI adoption and utilization is preferred.At BNY, our culture speaks for itself, check out the latest BNY news at:BNY NewsroomBNY LinkedInHere’s a Few Of Our Recent AwardsAmerica’s Most Innovative Companies, Fortune, 2025World’s Most Admired Companies, Fortune 2025“Most Just Companies”, Just Capital and CNBC, 2025Our Benefits And RewardsBNY 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.