Senior Specialist, Third Party Governance

Posted on Dec 12, 2018 by BNY Mellon

Jersey City, NJ 07097
Banking
1 Nov 2018
Annual Salary
Full-Time
Responsible for maintaining the global vendor or interaffiliate -
ThirdParty Governance (TPG) framework. Supports change management processes to achieve outsourcing management consistency and embed an effective risk management culture while meeting all regulatory and legal requirements. Independently enacts policies to achieve results that satisfy the requirements of relevant regulators. Is responsible for developing and implementing a consistent and robust process to sustain compliance with all local regulatory and legal requirements, providing transparency and comfort to the relevant lines of business and ensuring continued high levels of service delivery. Implements all aspects of the unique strategy and direction for vendor and interaffiliate governance, control and risk related matters. Directs the ongoing development of the TPG framework with a focus on all applicable regulatory requirements, developing material from regulatory guidelines into workable and measurable training and support solutions. Independently manages and delivers vendor and interaffiliate-focused solutions to TPG requirements. Regularly engages with senior stakeholders to understand regulatory requirements and drive compliance. Ensures regulatory requirements and quality standards across vendor and interaffiliate populations. Maintains an overview of all interactions with relevant stakeholders in co-ordination with the Head of TPG, global management, the Legal Department and Compliance. Ensures appropriate and up to date contractual documentation exists and is accessible. Develops strategies for efficient implementation of key TPG policies, processes and systems. Directs the day to day interactions with functional stakeholders including Legal, Compliance and Risk to ensure TPG processes are developed and maintained to a standard that is acceptable to regulators. Responsible for addressing escalated process issues. Facilitates regular meetings to assess the quality of the TPG framework delivery and discuss any other relevant topics in relation to the outsourced services with TPG group, sponsors, stakeholders, vendors and interaffiliates. Manages vendor and interaffiliate relationships in scope with appropriate measurement and management tools and other related documentation. Drives a consistent global approach to BAU outsourcing management. Delivers robust metrics and reporting on global outsourcing activity. Ensures key ways of working are embedded and developed to maintain a positive control on regulatory governance. Supports the design and implementation of an information repository to hold all completed outsourcing documentation. Continues to build strong relationships with all key stakeholders, such as Business and Legal Entity Managers and all key stakeholders and vendors. Builds and maintain strong relationships within the TPG group in order to present a single client face to customers. No direct reports. Directs more junior staff. Contributes to the achievement of global objectives and fulfillment of local and regional accountabilities. Modified based upon local regulations/requirements.

Qualifications
Bachelor's degree or equivalent combination of education and work experience required. 7-10 years of total work experience preferred.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-New Jersey-Jersey City
Internal Jobcode: 85238
Job: Risk
Organization: Pershing Domestic-HR06431
Requisition Number:
Senior Specialist, Third Party Governance

Reference: 598231671

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