Model Risk Governance Manager Jobs in New York (NOW HIRING)

We're seeking a future team member for the role of Senior Vice President, Model Risk Governance to join our Risk and Compliance organization. This role is located in New York City. 

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

• Maintain and enhance Model Risk Management (MRM) policies, standards, and procedures, and recommend improvements to model risk processes and controls as needed.

• Support governance and reporting processes by contributing to key stakeholder meetings, forums, and committees, ensuring transparent and effective oversight of the MRM framework.

• Partner with platforms, businesses, and functional teams across BNY to support the model identification process and help ensure the completeness and integrity of the model inventory.

• Strengthen model risk culture across the firm by supporting model risk communications and training for MRM and key stakeholders, while helping align practices with regulatory expectations and industry best practices.

• Anticipate and respond to stakeholder requests and emerging governance needs, enhancing the effectiveness of model risk management practices across the organization.

• Build, lead, and develop a high-performing Model Risk Management organization by attracting and retaining talent, setting clear expectations, and fostering a culture of independent thinking and constructive challenge.

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

• Bachelor's degree in a quantitative or business discipline such as Mathematics, Statistics, Economics, Finance, Engineering, Computer Science, Accounting, Risk Management, or Law, or an equivalent combination of education and directly relevant experience in risk, compliance, audit, or model governance.

• 12+ years of relevant experience in model risk management, quantitative risk management, governance, compliance, audit, or a related field.

• Demonstrated proficiency in governance, risk, and control frameworks, including the ability to translate regulatory expectations into practical business control requirements.

• Proven record of thought leadership in model risk, quantitative risk management, or related domains, with strong strategic leadership, stakeholder management, and influencing skills.

• People leadership experience with the ability to build, lead, and develop high-performing teams, while fostering a culture of accountability, effective challenge, and continuous development.

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.

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.