Vice President, Data Risk Management

Posted 13 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
69K-130K Annually
Mid level
Fintech • Financial Services
The Role
The Vice President of Data Risk Management oversees data risk frameworks, ensures compliance with regulations, and collaborates with stakeholders to enhance data governance and quality controls.
Summary Generated by Built In

Team Description; Role function on team:

As a Vice President in the Data Risk Management team – part of the Corporate Operational Risk organization within the broader Second Line Risk & Compliance function – this role serves as a key individual contributor with enterprise-wide visibility. The position involves regular engagement with senior stakeholders across the First Line of Defence, particularly those responsible for the enterprise Data Management Framework. Direct interaction is essential to provide independent second line oversight, thematic reviews, challenge, and advisory support on the design and effectiveness of data-related frameworks, policies, processes, and controls.

This role plays a critical part in ensuring that data risks are appropriately identified, assessed, and mitigated in alignment with the firm’s risk appetite and strategic objectives. The ideal candidate must be a subject matter expert in data management, with deep knowledge of data governance, quality, lifecycle management, and regulatory expectations. This expertise enables the role to drive meaningful oversight and contribute to the continuous enhancement of the firm’s data risk posture.

We’re seeking a future team member for the role of  Vice President, Data Risk Management to join our Data Risk Management team. This role is located in New York City. 

In this role, you’ll make an impact in the following ways: 

  • Assist with the development, implementation, and continuous improvement of the enterprise-wide Data Risk Management Framework in alignment with the firm’s Operational Risk strategy.

  • Serve as a subject matter expert on data management, providing authoritative guidance on data governance, data quality, data architecture, and issue management practices.

  • Conduct thematic reviews, periodic challenges and critical analysis on the design effectiveness of data controls, data issues resolution and regulatory remediation plans

  • Support and coordinate with Subject Matter Experts to apply BCBS 239 framework requirements to regulatory reports and related datasets

  • Partner with First Line of Defense stakeholders – including Data Practice lead and business-aligned data owners – to design and embed effective data controls, with a focus on accuracy, completeness, and fitness-for-purpose.

  • Monitor and challenge the effectiveness of data risk management practices across business units, ensuring alignment with internal risk appetite and external regulatory expectations.

  • Translate evolving regulatory requirements into actionable risk management initiatives and control enhancements.

  • Support the identification, assessment, and escalation of data risks, and contribute to the development of risk metrics and reporting for senior management and governance forums.

  • Collaborate with other Second Line functions (e.g., Operational Risk Officers, Technology Risk, Compliance) to ensure a cohesive and comprehensive approach to data risk oversight.

To be successful in this role, we’re seeking the following: 

  • 3-5 years of total work experience, with a strong emphasis on data risk, data governance, or enterprise data management. 

  • Knowledge and experience of data management principles, including data quality, metadata, lineage, and regulatory frameworks (e.g., BCBS 239, RDARR).

  • Prior experience in a Second Line of Defense risk function is a plus, ideally within a financial services organization.

  • Prior hands-on experience working with data governance, issue management and reporting tools (such as Collibra, ServiceNow and PowerBI) is preferred

  • Prior experience managing regulatory inquiries, exam deliverables and audit findings is preferred

  • Proven ability to engage with senior stakeholders and influence data risk practices across businesses and organizational structures.

  • Excellent written, verbal, and problem-solving skills, with the ability to communicate complex data risk concepts clearly and effectively to both technical and non-technical audiences.

  • Ability to work independently on multiple tasks, manage priorities and deliver under strict deadlines. 

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $69,000 and $130,000 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 BNY 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.

About UsFor 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 & 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. About the Team

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

 Here’s a few of our recent awards:

  • America’s Most Innovative Companies, Fortune, 2025
  • World’s Most Admired Companies, Fortune 2025
  • “Most Just Companies”, Just Capital and CNBC, 2025

    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 is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

    BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. 

    Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

    If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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    The Company
    HQ: New York, NY
    41,739 Employees

    What We Do

    We help make money work for the world — managing it, moving it and keeping it safe. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investable assets. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. For 240 years we have partnered alongside our clients to create solutions that benefit businesses, communities and people everywhere.

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