IM EMEA Risk Manager IM EMEA Risk Manager …

BNY Mellon Investment Management
in London, England, United Kingdom
Permanent, Full time
Last application, 19 Jan 20
BNY Mellon Investment Management
in London, England, United Kingdom
Permanent, Full time
Last application, 19 Jan 20
IM EMEA Risk Manager

Company Overview

BNY Mellon Investment Management is one of theworld's largest investment managers. We believe that the right results begin bybeing relevant to every client whether that's; access the way they want it,diversifying strategies, reassurance, or quality insights for better informeddecisions.

That's why we have designed a model that istruly built around investor's needs - bringing together world-class investmentmanagers with best of breed talent and unique cultures to deliver investmentoutcomes. This is combined with the global scale and strength of BNY MellonInvestment Management - connecting investors with opportunities across everymajor asset class in more than 100 markets and 35 countries.

Today, we have eight investment managementfirms in our stable: Alcentra, ARX, Dreyfus Cash Investment Strategies,Insight, Mellon, Newton Investment Management, Siguler Guff and Walter Scott.

We believe this is how investing should be andwe are looking for talent to help us deliver on our promise.

BNY Mellon Investment Management is part of theBNY Mellon group (the corporate brand of The Bank Of New York Mellon).

Job Purpose

To manage thedesign, development and execution of the Risk Management Framework, withspecific focus on operational risk, in respect of the central distribution andfund management business of the BNY Mellon Investment Management organisationcovering the EMEA and Latin America regions.

To assist the senior management to identify, manage andmitigate risks rated to each firm's respective activities, including inaddition to operational risks, prudential risk, liquidity risk, credit risk, marketrisk, conduct risk and risks relating to financial crime.

Key Responsibilities

  • Maintain and update the Risk & Control Self-Assessment,working with business risk owners to ensure appropriate coverage againstcorporate risk taxonomy and identification and remediation of control gaps.

  • Perform diagnostic work on operational risk events and work withbusiness stakeholders to develop actions to enhance the control environment.

  • Develop and maintain the Risk Appetite Statement for eachapplicable legal entity.

  • Develop, implement and monitor Key Risk Indicators and RiskAppetite metrics, reporting results to senior management, internal governancecommittees and boards (as required).

  • Maintenance of risk management policies and procedures,co-ordinate review of corporate policy updates, communicating key changes tobusiness stakeholders.

  • Co-ordinate contribution to prudential risk capital planning atentity-level and to the consolidation entity ICAAP, working with seniormanagement, Finance and corporate risk teams.

  • Provide support and facilitate business participation to centralInformation / Technology Risk programme working closely with the corporateSenior Information Risk Officer (C-SIRO) on IRM/TRM initiatives, includingvendor management, technology assurance, data-loss prevention andinsider-threat analysis.

  • Provide support and facilitate business participation to corporateRecords Management programme, liaising with business stakeholders and centralRecords Management Office.

  • Participate in centralised initiatives across the BNY Mellon Risk& Compliance organisation, to ensure consistency of approach acrossbusiness lines and facilitate peer support and knowledge-exchange.

  • Facilitate and provide training to the business on risk matters.

  • Makean active contribution to the effective governance of the legal entities andthe broader Investment Management organisation through participation in businesscommittees, legal entity boards and cross-business working groups, offeringconstructive challenge and encouraging debate on key issues, ensuring riskmanagement information is qualitative, accurate, timely and clear.

Generic Staff Responsibilities

  • Comply with all BNYMellon corporate policies and procedures, including HR policies and procedures,applicable to BNY Mellon

  • Alert senior managementincluding the Director of Risk & Compliance immediately of any significantchanges to business risks and/or internal control effectiveness.

  • Report any potential oractual material regulatory breaches to senior management immediately upondiscovery.

  • Participate incentralised initiatives across the BNY Mellon Risk & Complianceorganisation, to ensure consistency of approach across business lines andappropriate knowledge-exchange.

  • Comply with all BNYMellon Security and Health & Safety policies and procedures.

  • Contribute to themaintenance and testing of an effective business continuity plan to ensure an

    appropriate response to any disruptionto business operations.

BNY Mellon Core Values

  • ClientFocus - Putting the client at the centre of all that we do

  • Integrity-Acting with the highest ethical standards for our company, our employees andour clients

  • Teamwork - Fosteringcollaboration and diversity to empower employees to build relationships anddeliver insights

  • Excellence - Setting the standard for leading-edgesolutions, innovation and continuous improvement

Core Competences

  • GlobalAcumen - Developing and incorporating an understanding of the competitiveglobal business environment as well asan awareness of economic, social andpolitical trends that impact the organization's global strategy

  • EstablishingStrategic Direction - Establishing and committing to a long-range course ofaction to accomplish a long-range goal or vision after analyzing factualinformation and assumptions taking into consideration resources, constraintsand organizational values

  • Developing StrategicRelationships - Using appropriate interpersonal styles and communicationmethods to influence, collaborate and build effective relationships withbusiness partners (e.g., peers, functional partners, external vendors andalliance partners)

  • Change Leadership - Continuously seeking (or encouraging others to seek)opportunities for different and innovative approaches to addressingorganizational problems and opportunities

  • Client Orientation -Cultivating strategic client relationships and ensuring that the clientperspective is the driving force behindall value-added business activities

  • Driving Execution -Translating strategy into operational reality. Breaking down strategicpriorities or business initiatives into key tasks and identifyingaccountabilities. Aligning communication, people, culture, processes, resourcesand systems to ensure effective implementation and delivery of required results


Job-Specific Competencies

  • Strong interpersonal and communication skills (oral and written, in particular report writing).

  • Attention to detail and ability to work to tight deadlines

  • A strong team player and self-motivated.

  • Ability to work effectively under pressure and to tight deadlines.

  • Must be capable of exercising sound judgement and good decision-making in managing risk.

  • Good organisational skills and self-discipline in managing priorities.

Technical Skills & Experience

  • Prior experience working with the financial services industry would be advantageous, particularly within Compliance or another control function (i.e. Risk or Internal Audit).

  • Exposure and understanding of accounting and finance desirable.

  • Familiarity with the UK regulatory system including the FCA's supervisory approach and the Handbook of rules/guidance, particularly prudential rules, also beneficial.

  • Competent in Word, Excel, Powerpoint and other desktop applications.
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:

As one of the world's leading investment management organizations and one of the top U.S. wealth managers, BNY Mellon Investment Management combines agility, insight and scale to create and deliver strategies and solutions to address our clients' needs. Encompassing BNY Mellon's investment management firms, wealth management organization and global distribution teams, we draw on deep expertise to collaborate with clients and tailor our best ideas and resources to meet their specific needs. We pride ourselves on providing dedicated service through our network of global professionals who have a deep understanding of local requirements. With our extensive experience in anticipating and responding to the investment and financial needs of the world's governments, pension plan sponsors, corporations, foundations, endowments, advisors, intermediaries, individuals and families, and family offices, BNY Mellon Investment Management is dedicated to helping clients reach their goals.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: United Kingdom-Greater London-London
Job: Asset Management
Internal Jobcode: 54021
Organization: BNYM IM EMEA Ltd-HR14104
Requisition Number: 1916814

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