Vice President, Auditor, Markets

BNY; New York (NY); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

401(k) plan

Company-sponsored medical, dental, vision insurance

Paid time off

Job summary

BNY in New York is looking for an experienced Audit professional to oversee risk-focused audit activities and collaborate on regulatory priorities. Candidates should have a Bachelor's degree and 7–10 years of experience in Internal Audit, especially in Market Risk Management.

The role demands strong project management and critical thinking skills to address audit issues and identify opportunities for improvement. BNY offers competitive salaries and a comprehensive benefits package including 401(k) and health insurance.

Qualifications

• 7–10 years of total work experience preferred.
• Prior experience in Internal Audit and knowledge of market risk management is preferred.
• Familiarity with AI-enabled audit testing is a plus.

Responsibilities

• Oversee risk-focused audit activities according to standards.
• Provide recommendations to Senior Management for audit improvements.
• Identify control inconsistencies and propose solutions.

Skills

Internal Audit

Market Risk Management

Project Management

Critical Thinking

Problem Solving

Education

Bachelor's degree or equivalent

Tools

Analytics tools

Job description

Job Description

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

• Oversees risk-focused audit activities, in accordance with Internal Audit policies, methodologies, and standards to identify meaningful issues, risks and other exposures in areas being audited.
• Collaborating with Audit Leadership team to determine and prioritize regulatory priorities and business strategies.
• Working as an “in‑charge” on audits and/or regulatory validations related to Swap Dealer Risk Management, market risk management, global markets trading, securities finance, liquidity and margin services.
• Familiar with key aspects of the Market Risk Management (MRM) framework including market risk regulatory capital calculations, related regulatory reporting (FFIEC102), VaR/SVaR back testing, market risk limits, covered position recognition, implementation of forthcoming Fundamental Review of the Trading Book (FRTB) requirements.
• Demonstrated ability to articulate difficult concepts to others, adapting communication methods/approaches as necessary.
• Providing Senior Management with recommendations and consultation to improve reimagine audit processes and practices.
• Identifies inconsistencies with the control environment, regulatory requirements and best practices and initiates the development of a structure or solution to address the issue(s).
• Strong project management skills creating long and short‑term plans, including setting targets for milestones and adhering to deadlines.
• Working with relevant stakeholders to deliver, monitor and communicate progress towards goals.
• Identifying and providing recommendations on improvements across the organization.
• Identifies opportunities for the use of automation and makes recommendations for software support requests.
• No direct reports. Demonstrates leadership through work guidance and training of less experienced peers and through advice to assigned clients.

Qualifications

To be successful in this role, we’re seeking the following:

• Bachelor’s degree or equivalent combination of education and work experience required.
• 7–10 years of total work experience preferred.
• Prior experience in Internal Audit and/or knowledge in the following areas preferred:
  • Market Risk Management; including global regulatory requirements
  • Capital Markets, including:
    • Fixed income & Equities Trading
    • Broker Dealer compliance
  • Foreign Exchange Trading (Spot, Forwards, Derivative, Options)
  • Derivatives Trading (Interest Rates/Equity)
  • Swap Dealer (CFTC Rule Compliance)
  • Securities Finance
  • Liquidity and Margin services
• Familiarity with new innovative AI‑enabled audit testing and continuous auditing concepts is a plus.
• Additional core skill requirements include understanding of the applied and interpretation of analytics results for audit, critical thinking and problem solving.

Equal Employment Opportunity

BNY is an Equal Employment Opportunity/Affirmative Action Employer – underrepresented racial and ethnic groups, females, individuals with disabilities, protected veterans.

Base salary and benefits may include a base salary, possible discretionary incentive award, eligibility for a 401(k) plan, company‑sponsored medical, dental, vision, and basic life insurance for the employee and eligible dependents, and paid time off.