Associate, Line of Business Risk

7 days ago

London, UK, United Kingdom BNY Full time
Job Description

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 Associate, Line of Business Risk to join our Risk Team. This role is based in London - hybrid.

This role is responsible for the ongoing independent oversight and challenge of risk management activities within BNY Investments with a focus on UK Investment Firms. This is a second line of defence role and is the central point of oversight of all risks, translating this into a meaningful assessment of the overall business risk profile. Central to this role will be an ability to connect elements of the risk profile, and articulate these in a way that influences the business to own appropriate action to identify, assess, monitor and mitigate risk.

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

  • Support engagement with the Line of Business and Operations, building relationships and driving first line ownership.

Contributes to the assessment, monitoring and reporting on risks inherent to business activities, including operational, reputational, business and strategic risks.
Supports the business line's adherence to the Operational Risk Management Framework, notably; Risk & Control Self Assessments, Limits, Operational Risk Events and Business Process Change risk assessments.
Develop productive relationships with other risk teams and partner functions, such as Risk and Compliance, with opportunities to work on larger, cross-line of business activities. Provide comprehensive updates/escalation and/or reporting to all stakeholders.
To be successful in this role, we're seeking the following:

  • An understanding of Risk Framework - particularly surrounding Operational, Strategic, and reputational risk.

Able to develop and establish collaborative working relationships with colleagues in both 1st and 2nd lines of defense to ensure timely completion of risk-related deliverables, issue resolution and implementation of improvements.
Good interpersonal and communication skills, with the ability to interact effectively with both senior leaders and across all levels of the organization.
Strong analytical skills and ability to learn and assimilate new information quickly.
To be successful in this role, we're seeking the following:

  • Preferred secondary/university graduate in business, compliance, finance, accounting, or related discipline or equivalent combination of education and experience. Relevant industry qualifications are an advantage

Financial industry experience including Compliance & Risk experience
Asset Management experience is beneficial
Compliance testing, control testing and/or internal audit experience with a solid understanding of the key steps of testing review/audit processes preferably at a large bank, financial institution, public accounting firm or regulatory body
Sound knowledge, understanding and awareness of UK laws, rules and regulations
Ability to work independently under tight deadlines and competing priorities and being proactive in terms of planning and execution of reviews, raising and escalating challenges or concerns to team leaders and managers in a timely manner
Ability to work with stakeholders across the Three Lines of Defense.
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.

  • Risk Analyst

    2 weeks ago

    London, UK, United Kingdom Paritas Recruitment - Risk Full time

    Risk Analyst - Financial Risk Reporting A leading global financial services business is seeking a Risk Analyst to join their London based team. Reporting directly to the Head of Market Risk you will be responsible for daily reporting and monitoring of the metals and collateral markets and measuring the risk exposure of member and counterparty portfolios...

  • Operational Risk Associate

    2 months ago

    London, UK, United Kingdom British International Investment Full time

    British International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential. It won’t be easy: we do the hardest work in the most complex markets. Be prepared to...

  • Operational Risk Associate

    3 weeks ago

    London,, UK, United Kingdom Orbis Group Full time

    Step into the next chapter of your professional journey with a leading investment management firm in London. As an Operational Risk Associate, you’ll be part of a forward-thinking team that champions innovation, integrity, and continuous development.Why You Should Consider This Role:Hybrid Working Model: Embrace a flexible work-life balance with a hybrid...

  • Market Risk Analyst

    3 weeks ago

    London,, UK, United Kingdom Selby Jennings Full time

    A Global Commodity Trading house is seeking an experienced Market Risk analyst to cover agriculture business, reporting directly to the Head of Market Risk, facing the traders.Responsibilities:Improve risk analytics for the whole middle office function through scenario analysis and stress-testing models. ,The Implementation of pricing models for valuing and...

  • Business Risk and Engagement Advisor

    2 weeks ago

    London, UK, United Kingdom Bloomberg Full time

    Bloomberg's Risk, Legal, & Compliance Departments play a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address a variety of complex issues that come with being the world's leading financial news and information company. Our team is made of up of talented and hardworking...

  • Internal Controls Lead

    3 weeks ago

    London,, UK, United Kingdom Audit & Risk Recruitment Full time

    Internal Controls Lead - Financial Technology (Fintech)£100,000 per annumLondon based, 1 day a week working from homeAudit & Risk Recruitment have been mandated by our client, an award winning fintech business, in their search for an Internal Controls Manager. A newly created role, reporting into the Head of Internal Audit, you will take responsibility and...

  • Market Risk Business Analyst

    2 weeks ago

    London, UK, United Kingdom Alexander Mann Solutions Full time

    Our client, a major UK retail bank, provides every day banking services to over 17 million retail customers. The banks expertise and services span across Business Services, Corporate banking, Wealth Management, Group Functions, Retail and Investment Banking. On behalf of this organisation, AMS are looking for x2 Market Risk Business Analysts for a 6 month...

  • ProFin Claims Associate

    3 months ago

    London,, UK, United Kingdom Finitas Full time

    ProFin Claims AssociateLondon – 2/3 days in the office per weekUp to £70,000 pa (DOE)Finitas have partnered with an Independent Lloyd's Broker to identify a new Claims Associate for their Professional & Financial Risks team.Having worked with this client multiple times, we can attest to the high level of career progression offered as well as...

  • Senior Manager

    2 months ago

    London, UK, United Kingdom London Stock Exchange Group Full time

    London Stock Exchange Group (LSEG) are looking for Risk professionals in London! LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience,...

  • Senior Risk Manager

    3 months ago

    London, UK, UK, United Kingdom Arcus Search Full time

    Senior Cyber Risk Manager - Great role for a Senior Information Security professional!My client are a leading global Insurer looking to find an experienced Information Security and Risk professional to take up a newly created position, supporting the Underwriting team who are growing their Cyber Insurance offering.This isn't a typical Risk Management or...

  • Analyst- Risk Aggregation

    1 month ago

    London, UK, United Kingdom Brit Full time

    Vacancy Name Analyst- Risk Aggregation Employment Type Permanent Location London Role Details We`re looking for an Analyst (Risk Aggregation)About BritAt Brit, we believe that the uncertainty of the future should never stand in the way of progress. That`s why we exist. To help people and businesses face the future and thrive. We are change-makers...

  • Senior Manager

    3 weeks ago

    London,, UK, United Kingdom Audit & Risk Recruitment Full time

    Audit & Risk Recruitment are working with a FTSE 100 Telecommunications and Media company to help them identify an experienced IT Audit Senior manager to join the leadership team of Group Internal Audit. As a GIA Senior Manager you will play a key role in providing high quality assurance to the Board Audit and Risk Committee. You will lead the development of...

  • Senior Risk Manager

    3 months ago

    London, UK, United Kingdom Deutsche Bank Full time

    Job Description: Job Title: Senior Risk Manager, Digital Assets Location: London DWS Group (DWS) is one of the world's leading asset managers with EUR 821bn of assets under management (as of 31 December 2022). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised...

  • Senior Analyst/ Associate

    4 days ago

    London,, UK, United Kingdom Buckden Partners Full time

    Buckden Partners is working with out boutique Corporate Finance firm who are looking for a Senior Analyst/ Associate to join their growing Hedging & Risk Advisory team, to support on the deal execution, derivative structuring and delivering research & presentations to clients.You will build on a foundation of skills and experience in supporting a deal team...

  • Senior Manager

    2 months ago

    London, UK, United Kingdom London Stock Exchange Group Full time

    London Stock Exchange Group (LSEG) are looking for Risk professionals in London! LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience,...

  • Financial Risk

    3 weeks ago

    London,, UK, United Kingdom Nationwide Building Society Part time

    At Nationwide Building Society, our Business Risk Oversight Team is integral to shaping and safeguarding the organisation’s strategic direction.As a Risk Manager you will play a key role in challenging and supporting the business to manage its business risks in line with regulation, risk appetite and the Enterprise Risk Management Framework (ERMF). You...

  • Associate, Treasury Liquidity Risk

    2 weeks ago

    London, UK, United Kingdom British International Investment Full time

    Reporting to Tom Moore Location 123 Victoria Street, London, SW1E 6DE Duration Permanent At BII, we offer people the chance to do meaningful work, take on real challenges and be part of something special, because that’s what matters most. About BII British International Investment is the UK’s development finance institution, owned by the UK Government....

  • Market Risk Manager

    2 months ago

    London, UK, United Kingdom Deutsche Bank Full time

    Job Description: Job Title Market Risk Manager Location London Corporate Title Associate/Assistant Vice President As a Market Risk Manager covering the Rates Non-Linear business, you will ensure the effective risk management and oversight of one of the most successful and growing businesses within Global Rates . You will partner with colleagues...

  • Compliance Monitoring Associate

    1 month ago

    London, UK, United Kingdom Meredith Brown Associates Full time

    Role & Responsibilities: Assist in the delivery of the annual compliance monitoring programme by undertaking agreed monitoring activities to a high standard and delivering results in a timely manner. Work proactively to identify control gaps and weaknesses, determine root cause, and escalate and propose viable solutions to the risks and weaknesses...

  • Reputational Risk Manager

    2 weeks ago

    London, UK, United Kingdom M&G plc. Full time

    At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial...