BNY · 2 months ago
Vice President, Capital Management Audit
240 Greenwich Street, New York, NY, 10286, US
Full-time
Onsite
Mid, Senior Level
$68K/yr - $154K/yr
5+ years expBNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. The Vice President, Capital Management Audit will support audit engagements of CCAR and stress testing processes, evaluate governance and risk management frameworks, and partner with various teams to ensure compliance and effectiveness in capital management.
Financial Services
Responsibilities
Support audit engagements of CCAR and stress testing processes, from planning and scoping through reporting and follow-up
Evaluate governance, risk management, and control frameworks supporting capital planning and regulatory submissions (FR Y-14A, SR 15-18 Dodd-Frank Act stress testing)
Assess design and operating effectiveness of key controls around data integrity, model governance, scenario development, capital policy, and capital stress methodologies
Partner with Model Risk, Finance, and Treasury to test model validation processes, challenge assumptions, and verify regulatory compliance
Identify control gaps and process inefficiencies; develop actionable recommendations and discuss findings with senior management
Track remediation efforts, monitor progress against audit issues, and report status to Audit leadership and the Audit Committee
Stay abreast of evolving regulatory requirements and guide internal stakeholders on anticipated impacts to capital stress testing
Promote best practices in risk assessment and audit methodology
Qualification
Required
Master's degree in accounting, Finance, Economics, or related discipline
Minimum 5 years of audit experience, including significant exposure to capital management, CCAR, or stress testing engagements
Knowledge of Treasury and capital markets operations
Deep understanding of CCAR submission requirements, FR Y-14A/Q/S reporting, DFAST and Basel regulatory frameworks
Proven track record participating in complex, multi-disciplinary audit projects in a large financial institution
Strong analytical, problem-solving, and communication skills
Preferred
Experience with audit tools (e.g., TeamMate, Galvanize, ACL IDEA) and data analytics platforms
Demonstrated expertise in Agile audit methodologies and continuous auditing
Knowledge of Treasury and capital markets operations and prior exposure to model risk management and validation processes
Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or equivalent professional certification
Benefits
Flexible global resources and tools for your life’s journey
Focus on your health
Foster your personal resilience
Reach your financial goals
Generous paid leaves
Paid volunteer time
Company
BNY
For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Brian A. Ruane
CEO Government Securities Services & Global Client Management
Chris Kearns
CEO, Depositary Receipts
Recent News
PR Newswire
2024-11-01
Company data provided by crunchbase