Vice President, Data Risk Management

Vice President, Data Risk Management

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.

• 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 issue 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.

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 Defence risk function is a plus, ideally within a financial services organization.
• Hands‑on experience 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 organisational 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 and benefits 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, the base salary will be determined on an individualized basis, reflecting experience and market location, and is only part of the total compensation package.

This package may also include commission earnings, discretionary bonuses, short‑ and long‑term incentive packages, and company‑sponsored benefits. 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.