Associate First Line Risk Manager

Summary

hackajob is collaborating with BNY to connect them with exceptional professionals for this role. We’re seeking a future team member for the role of Associate, First Line Risk Manager to join our First Line Risk team in Markets. This role is located in New York, NY. In this role, you’ll make an impact in the following ways: Join the First Line Exposure Optimization Team with focus on the Execution Service Business. Governance & Monitoring Monitor and analyze key financial resource metrics including RWA, leverage, liquidity stress testing (LST), SCCL, capital consumption and balance-sheet utilization. Perform portfolio, client and counterparty exposure analysis across FX, FIEQ, Agency Lending, Securities Financing and other Markets businesses. Support stress testing, limit monitoring and exposure-management processes, including SCCL and liquidity-risk frameworks. Identify material exposure trends, concentrations and emerging risks and provide actionable recommendations to business and risk stakeholders. Product Design Develop and maintain risk dashboards, management information packs, Tableau reporting and analytical tools supporting first-line risk oversight. Partner with Treasury, Credit Risk, Market Risk, Liquidity Risk and business leadership to optimize scarce financial resources and improve risk-adjusted returns. Automate reporting and monitoring processes using data analytics and technology solutions to improve efficiency and control effectiveness. Escalation & Workouts Lead exposure reviews and escalation processes for material limit excesses, concentration concerns and emerging risk events. Coordinate with business, Treasury, Risk and senior management stakeholders to develop remediation actions and optimize resource consumption. Produce executive summaries and ad-hoc exposure analyses during periods of market stress, elevated volatility or significant client activity. The successful candidate will demonstrate/possess: Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics or related quantitative discipline. Experience in Markets, Financial Resource Management, Treasury, Risk Analytics, Liquidity Risk, Counterparty Risk or Financial Risk Management. Excel and data analytics capabilities; experience with Python preferred, but not necessary. Strong written and verbal communication skills with experience preparing materials for senior management. At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what LifeAtBNY is all about. Join us and be part of something extraordinary.

Job Description

hackajob is collaborating with BNY to connect them with exceptional professionals for this role. We’re seeking a future team member for the role of Associate, First Line Risk Manager to join our First Line Risk team in Markets. This role is located in New York, NY. In this role, you’ll make an impact in the following ways: Join the First Line Exposure Optimization Team with focus on the Execution Service Business. Governance & Monitoring Monitor and analyze key financial resource metrics including RWA, leverage, liquidity stress testing (LST), SCCL, capital consumption and balance-sheet utilization. Perform portfolio, client and counterparty exposure analysis across FX, FIEQ, Agency Lending, Securities Financing and other Markets businesses. Support stress testing, limit monitoring and exposure-management processes, including SCCL and liquidity-risk frameworks. Identify material exposure trends, concentrations and emerging risks and provide actionable recommendations to business and risk stakeholders. Product Design Develop and maintain risk dashboards, management information packs, Tableau reporting and analytical tools supporting first-line risk oversight. Partner with Treasury, Credit Risk, Market Risk, Liquidity Risk and business leadership to optimize scarce financial resources and improve risk-adjusted returns. Automate reporting and monitoring processes using data analytics and technology solutions to improve efficiency and control effectiveness. Escalation & Workouts Lead exposure reviews and escalation processes for material limit excesses, concentration concerns and emerging risk events. Coordinate with business, Treasury, Risk and senior management stakeholders to develop remediation actions and optimize resource consumption. Produce executive summaries and ad-hoc exposure analyses during periods of market stress, elevated volatility or significant client activity. The successful candidate will demonstrate/possess: Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics or related quantitative discipline. Experience in Markets, Financial Resource Management, Treasury, Risk Analytics, Liquidity Risk, Counterparty Risk or Financial Risk Management. Excel and data analytics capabilities; experience with Python preferred, but not necessary. Strong written and verbal communication skills with experience preparing materials for senior management. At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what LifeAtBNY is all about. Join us and be part of something extraordinary.