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BNY · 4 hours ago

Senior Vice President, Market and Client Risk Management Manager

Houston, TX

Full-time

Onsite

Mid, Senior Level

$102K/yr - $180K/yr

7+ years exp

BNY is a leading global financial services company at the heart of the global financial system, influencing nearly 20% of the world’s investible assets. The Senior Vice President, Market and Client Risk Management Manager will manage a large team and oversee transaction management, ensuring compliance with regulatory guidelines and BNY standards while driving effective legal and operational risk mitigation.

Financial Services

Responsibilities

Manages a large team of Transaction or Deal Management professionals and directs staff responsible for negotiating, reviewing, analyzing, and executing deal documents or services in transactions in compliance with regulatory guidelines (where applicable), and BNY standards, policies and preferred processes and procedures, and client specifications. Also assures effective legal and operational risk mitigation in all deal transaction documentation matters

Oversees the performance of assigned staff, is an escalation point and Subject Matter Expert for transaction related issues and provides coaching, guidance and feedback

Provides planning for required resources with the next level manager and is responsible for attracting and retaining talent

Contributes to/provides guidance as to the implementation of the operating and/or administrative protocols for the Transaction Management activities of the relevant team, while making recommendations for process improvements

Uses subject-matter expertise on specific segment and transaction practices and methodologies to direct on resolution of operational and/or transactional issues as required

Provides leadership to the relevant team in structuring and/or negotiating the terms of the transaction in accordance with product specification and business strategic objectives

Ensures negotiations of underlying contract carried out by the team accurately reflect the nature of contracted roles and obligations in line with client and business objectives

Provides consistent direction and guidance to the team where required, to ensure that negotiations with lawyers, advisors, clients, market participants on transactions are executed in a manner that manages risk while maximizing revenue in line with business strategic objectives

Liaise with internal and external business contacts such as Compliance, Audit, Risk, Legal, Business and Jurisdictional Acceptance Committees, Business Risk Committee and the Default Administration Group, where applicable

Reviews escalated issues (which may include matters of a complex legal and/or regulatory nature) and works with BNY businesses and clients to resolve potential issues

Manages a large team of Market/Client Risk professionals and support staff

Responsible for the achievement of multiple team goals and objectives, talent management and supervision of team members across one or more products and legal jurisdictions

Oversees the transaction management of products within the relevant team associated with a moderately large portion of business unit revenue ($20-$50M) or deal flow of approximately 1,000 transactions annually in an environment of moderate complexity and high inherent risk