Location: New York,NY, USA
Senior Vice President, Treasury Risk – IRRBB Oversight
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role of Vice President, Treasury Risk to join our BNY IRRBB team. This role is located in New York City in a Hybrid work environment.
About the team:
The Interest Rate Risk in the Banking Book (IRRBB) oversight function is the second line of defense responsible for the oversight of the Asset and Liability Management on IRRBB at BNY. The oversight team is meant to ensure that IRRBB is appropriately identified, measured, controlled, reported, and monitored. The IRRBB oversight team works actively with the other Treasury Risk functions, and within Risk & Compliance functions relating to interest rate risk. We are responsible for several functions within our bank: Independently reviewing and challenging the first line of defense's IRRBB management processes; Owning the IRRBB limit framework; Reviewing and evaluating the IRRBB aspects of significant new products / services, business process changes, and entity structures/acquisitions/divestures changes. The fund transfer pricing (FTP) is also under the oversight of the team.
In this role, you'll make an impact in the following ways:
To be successful in this role, we're seeking the following:
At BNY, our culture speaks for itself. Here's a few of our awards:
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $113,000 and $166,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.