Senior Vice President, Counterparty Credit Risk At 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 and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We're seeking a future team member for the role of Senior Vice President to join our Credit Risk team supporting Counterparty Credit. This role is located in New York City In this role, you'll make an impact in the following ways:
- Serve in a 2nd Line-of-Defense function within Credit Risk that will enhance oversight and controls over CCR metrics. You will be responsible for counterparty credit risk management and reporting, including stress testing development and review, as well as providing leadership for governance functions, presenting to key oversight committees, and acting as a regulatory liaison.
- Work with senior management roles to ensure that the appropriate counterparty credit risk and collateral management policies, methods, standards, processes, and training are developed, applied and understood by impacted stakeholders. Applies extensive knowledge of market or liquidity risk analysis, monitoring processes and in-depth knowledge of the financial industry, technology and the requirements of regulatory bodies in support of managing and analyzing risk. Recognized throughout the Risk organization and the businesses as the counterparty credit and collateral risk point of contact and subject matter expert.
- Produces and delivers risk presentations to senior management and regulators. Anticipates and addresses Audit and regulatory concerns regarding the counterparty credit risk framework, governance, and operations. In partnership with management, establishes the counterparty credit risk strategy for the business area(s) and is accountable for ensuring the implementation of that strategy, including the appropriate analysis, review and approval of collateral for businesses.
- Manage activities related to the development and production of counterparty credit risk platforms and metrics. Discuss and negotiate technical requirements and multi-departmental solutions, designs and implements innovative, efficient, auditable processes, and documents results for all levels of management. Assist in the development, measurement and production of counterparty credit risk reporting, including stress test design and potential future exposure reporting
- Design solutions for counterparty credit risk management that are aligned with evolving regulatory requirements, audit and compliance scrutiny and industry best practices.
- Responsibilities are primarily specialized to address the counterparty credit risk management needs for major global initiatives, large areas of the business, specific legal entities, or material events.
To be successful in this role, we're seeking the following:
- Bachelor's Degree or the equivalent combination of education and experience is required. Masters degree preferred.
- 10-12 years of experience in market or credit liquidity risk preferred. Experience in financial services is strongly preferred. Background in math, statistics, finance, economics, risk management, operations research, or a similar field is preferred.
- Ability to analyze and report on counterparty credit risk metrics and to develop and analyze the impact of internal and regulatory stress tests
At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom BNY LinkedIn Here's a few of our recent awards:
- America's Most Innovative Companies, Fortune, 2025
- World's Most Admired Companies, Fortune 2025
- "Most Just Companies", Just Capital and CNBC, 2025
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 assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $150,000 and $200,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and company- sponsored benefit programs. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
|