Vice President, Data Risk Management

Role Overview

Vice President in the Data Risk Management team – part of Corporate Operational Risk organization within the broader Second Line Risk & Compliance function – key individual contributor with enterprise‑wide visibility. Regular engagement with senior stakeholders across the First Line of Defence, especially those responsible for enterprise Data Management Framework. Provides independent second line oversight, thematic reviews, challenge, and advisory support on the design and effectiveness of data‑related frameworks, policies, processes, and controls.

Plays a critical part in ensuring data risks are appropriately identified, assessed, and mitigated in alignment with the firm’s risk appetite and strategic objectives.

Responsibilities

• 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 Defence stakeholders – including Data Practice leads and business‑aligned data owners – to design and embed effective data controls, focusing 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.

Qualifications

• 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 Defence risk function is a plus, ideally within a financial services organization.
• Hands‑on experience working with data governance, issue management and reporting tools (such as Collibra, ServiceNow and PowerBI) is preferred.
• 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.

Compensation

The base salary for this position is expected to be between $69,000 and $130,000 per year at the commencement of employment. The final base salary will be determined on an individualized basis, based on experience and market location, and is only part of the total compensation package, which may include commission earnings, discretionary bonuses, short and long‑term incentive packages, and company‑sponsored benefit programs.

Benefits

The company offers a competitive benefits package, including paid leave, wellness programs, and access to global resources and tools. Eligible employees participate in a 401(k) plan, and may enroll in company‑sponsored medical, dental, vision, and basic life insurance plans for themselves and eligible dependents. Additional benefits may include vacation, sick time, paid volunteer time, and other paid time off benefits, depending on the position.

Employment Terms

This position is at‑will. The company reserves the right to modify base salary and any other discretionary compensation at any time, including for reasons related to individual performance, change in geographic location, company or team performance, or market factors.

Equal Employment Opportunity

BNY is an Equal Employment Opportunity/Affirmative Action Employer – Under‑represented racial and ethnic groups / Females / Individuals with Disabilities / Protected Veterans.