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BNY · 7 hours ago

Director, Data Risk Management

New York, NY

Full-time

Onsite

Senior Level, Lead/Staff

$175K/yr - $225K/yr

10+ years exp

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. The Director of Data Risk Management will be responsible for ensuring that data risks are identified, assessed, and mitigated in alignment with the firm’s risk appetite and strategic objectives, while engaging with senior stakeholders and leading the development of the enterprise-wide Data Risk Management Framework.

Financial Services

Responsibilities

As a Director in the Data Risk Management team – part of the Chief Operational Risk Officer (CORO) organization within the broader Second Line Risk & Compliance function – this role serves as a key individual contributor with enterprise-wide visibility

This role plays a critical part in ensuring that data risks are appropriately identified, assessed, and mitigated in alignment with the firm’s risk appetite and strategic objectives

The position involves regular engagement with senior stakeholders across the First Line of Defense, particularly those responsible for the enterprise Data Management Framework. Direct interaction is essential to provide independent second line oversight, challenge, and advisory support on the design and effectiveness of data-related frameworks, policies, processes, and controls

Lead the development, implementation, and continuous improvement of the enterprise-wide Data Risk Management Framework in alignment with the firm’s Operational Risk strategy

Serve as a subject matter expert on data management, providing authoritative guidance on data governance, data quality, data architecture, and issue management practices

Partner with First Line of Defense stakeholders – including Data Practice lead and business-aligned data owners – to design and embed effective data controls, with a focus on accuracy, completeness, and fitness-for-purpose

Independently monitor and challenge the effectiveness of data risk management practices across business units, ensuring alignment with internal risk appetite and external regulatory expectations

Translate evolving regulatory requirements into actionable risk management initiatives and control enhancements

Support the identification, assessment, and escalation of data risks, and contribute to the development of risk metrics and reporting for senior management and governance forums

Promote a strong risk culture by fostering awareness of data risk and accountability across all levels of the organization

Collaborate with other Second Line functions (e.g., Operational Risk Officers, Technology Risk, Compliance) to ensure a cohesive and comprehensive approach to data risk oversight

Qualification

Data Risk ManagementData GovernanceData QualityOperational RiskData ArchitectureStakeholder EngagementCommunication SkillsPresentation Skills

Required

The candidate must have a minimum of 10-12 years of total work experience, with a strong emphasis on data risk, data governance, or enterprise data management

Prior experience in an Operational Risk or Second Line of Defense risk function is a plus, ideally within a financial service organization

Deep expertise in data management principles, including data quality, metadata, lineage, and regulatory frameworks (e.g., BCBS 239, DCAM)

The ideal candidate must be a subject matter expert in data management, with deep knowledge of data governance, quality, lifecycle management, and regulatory expectations

Proven ability to engage with senior stakeholders and influence data risk practices across complex organizational structures

Exceptional written, verbal, and presentation skills, with the ability to communicate complex data risk concepts clearly and effectively to both technical and non-technical audiences