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BNY Mellon

Senior Specialist, Enterprise Third Party Management

Orlando, FL

Overview

Senior Specialist, Enterprise Third Party Management

Overview

Put your professional experience to work for one of the world's most recognized and admired financial industry companies with a career at BNY Mellon.

Founded in 1784 by Alexander Hamilton, we have not only been an engine behind the evolution of the financial industry, but we have also evolved at every step. Today we are more than 50k+ employees across 35 countries as we continue to build momentum and achieve further growth .

As a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle, BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. Being one of the world's top asset management and banking firms that manages $42 trillion in assets, has 97% of the world's top banks as customers, and one of the first to use computing technology and access the largest dataset available globally, we have the insights, solutions, technology, and talent to shape the future of finance.

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Senior Specialist, Enterprise Third Party Management

Responsible for maintaining the global vendor 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

Standard Job Responsibilities

As a key member of Enterprise Third Party Management you will:
  • Implements all aspects of the unique strategy and direction for vendor and interaffiliate governance, control and risk related matters.
  • Support lines of businesses and their processes and controls for identifying and managing technology and information risk associated with services provided by external vendors and provide ongoing independent oversight and challenge of technology.
  • Assess the level of inherent technology risks in the context of business objectives & risk appetite and establish residual risk.
  • 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 to maintain a positive control on regulatory governance.
  • Supports the implementation of an information repository to hold all completed outsourcing documentation.
  • Builds 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.
  • Contributes to the achievement of global objectives and fulfillment of local and regional accountabilities. Coaches junior staff
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. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

EEO Statement:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Client-provided location(s): Orlando, FL, USA
Job ID: BNY_Mellon-41045-OTHLOC-100002890197130
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Sabbatical
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Performance Bonus
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program