BNY Mellon AS Embedded Control Unit Manager I in Owings Mills, Maryland
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.
Overall responsibility to work with the Embedded Control Team and Global Operations Control to ensure the control environment within the business unit is sound and the business unit is meeting client needs. Work with Embedded Control Section Manager to complete all control and risk management responsibilities for the assigned business unit in accordance with Corporate Policies and Procedures, Regulatory requirements and Legal practices. The Embedded Control Unit Manager will manage a team of Control Analysts and Senior Control Analysts where applicable. S/he will directly manage supervisors and/or analysts and has overall responsibility for people management activities within the group. The candidate is responsible for reviewing overall staffing needs, working with supervisors to review staff performance, attendance, overtime and training and administering any corrective action as necessary. The Embedded Control Unit Manager will work with Sr. Control Analysts and the Embedded Control Section Manager to complete a variety of responsibilities. S/he must represent the team in various meetings and/or projects and will review policies and procedures as well as liaise with Internal and External auditors. Must be able to analyze data and prepare reporting for Sr. Management and work on a variety of platforms and systems. S/he will oversee the delegation and completion of all control and risk responsibilities and ensure that deadlines are met and quality of output is superior. Responsible for supporting the Embedded Control Section Manager and LOB managers by making recommendations for process changes, control enhancements and changes / improvements in procedures and operational tools. Proactively plan for and implement such control enhancements and tools. Will work on new, complex Operational and Risk-related project/initiatives as they arise throughout the year. The qualified candidate will perform control testing / quality control reviews, analyze results, prepare reporting and conduct meetings with the Line of Business managers to review the control testing results. She/he supports management on Business Recovery, Management Reporting, Error Analysis, System / User Access Reviews, Reconciliation monitoring and on going projects. Error / Near Miss Analysis must be thorough, assess the root-cause, and result in recommendations for management to improve the quality of internal controls and minimize the risk of the error repeating. She / he will compile Monthly and Quarterly reporting for Senior Mgmt which includes errors and reconciliations. The Senior Control Analyst will be exposed to a variety of platforms and systems. S/he will identify and document business line risks using the Corporate Risk Assessment (RCSA) tool, conduct on-the-job training for Risk Analysts, review policies and procedures as well as support gathering of information for Internal and External audits.
6 to 9 years of relevant financial, operational or risk experience. Bachelor's Degree required or equivalent experience. Previous risk and audit experience is a plus. Incumbent should understand operational processes within the unit and be able to critically assess process design and execution of controls at the direction of senior embedded control staff. Candidate must have a minimum of 4 years of Supervisory experience and will have excellent oral and written communication skills, strong analytical and problem solving skills. Candidate will have strong analytical and problem solving skills as well as solid technical and PC skills. The job ensures that specific controls within the operations are well designed and operating effectively. The job may require supervision of control analyst positions. The unit manager I position may require oversight over multiple business units in multiple locations. Candidate must have solid people management skills to support performance management planning, coaching and execution as well as recognize, motivate and retain team members. Candidate will have excellent oral and written communication skills and may be required to interact both with managers and staff within the unit as well as other operational and shared service units. Attention to detail, excellent organizational skills, ability to multi-task and work in a fast-paced, deadline driven, environment. Bachelor's Degree required or equivalent experience. 6 to 9 years of Financial, Operational and/or Risk related experience. Candidate must have a minimum of 4 years of Supervisory experience. Previous risk and audit experience is a plus. Candidate will have excellent oral and written communication skills, strong analytical and problem solving skills, and solid technical and PC skills. Candidate must have solid people management skills to support performance management planning, coaching and execution as well as recognize, motivate and retain team members. Candidate will have excellent oral and written communication skills and may be required to interact both with managers and staff within the unit as well as other operational and shared service units. Attention to detail, excellent organizational sills, ability to multi-task and work in a fast-paced, deadline-driven environment.
- BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.*
Primary Location:* United States-Maryland-Owings Mills
Internal Jobcode:* 08342
Requisition Number:* 1604512