At a Glance
- Tasks: Lead third-party risk initiatives and drive process transformation in a dynamic financial environment.
- Company: Join BNY, a global leader in financial services with a culture of innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and a focus on wellbeing.
- Other info: Exciting career growth opportunities and a commitment to diversity and inclusion.
- Why this job: Make a real impact in finance while working with cutting-edge technology and talented teams.
- Qualifications: Bachelor’s degree and proven leadership in third-party risk governance required.
The predicted salary is between 80000 - 100000 £ per year.
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.
We’re seeking a future team member for the role of Third Party Risk Management Lead to join our team. This role is located in Manchester, UK. In this role, you’ll make an impact in the following ways:
- Drive third party risk reduction initiatives and commercial value through process transformation.
- Develop the vendor and inter-affiliate management frameworks in line with the evolving threat landscape, including establishing standards for performance metrics and associated reporting.
- Identify and deliver opportunities for process automation and process enhancement leveraging AI.
- Continuously monitor the financial services and regulatory landscapes for threats and opportunities for improvement.
- Develop and maintain strong working relationships with key business partners throughout the organization, including senior roles in Risk, Finance, IT, HR, and Legal.
- Oversee the preparation of Sourcing related reports and distribute and present these reports to senior management on a predetermined and as needed basis.
- Participate in the preparation for and delivery of interactions with regulatory bodies.
- Engage with senior stakeholders up to EC-level to assist with strategy and execution of wider Sourcing management initiatives.
- Direct, motivate, and develop professional staff and managers, maximizing their individual contributions, professional growth, and ability to function as a team or lead their team.
To be successful in this role, we’re seeking the following:
- Bachelor’s degree or equivalent combination of education and work experience required.
- Proven leadership track record in third-party risk governance with strong stakeholder management skills.
- Extensive experience in process redesign aligned with regulatory requirements and operational needs.
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.
Director, Third Party Governance Manager in Manchester employer: BNY Mellon
At BNY, we pride ourselves on fostering a culture that champions innovation and employee growth, making us an exceptional employer in the heart of Manchester. Our commitment to competitive compensation, comprehensive benefits, and a supportive work environment empowers our team members to thrive both personally and professionally. Join us to be part of a forward-thinking organisation where your contributions will drive transformative solutions in the global financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Director, Third Party Governance Manager in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BNY Mellon. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Director, Third Party Governance Manager in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BNY Mellon.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BNY Mellon's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BNY Mellon
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BNY Mellon.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BNY Mellon will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BNY Mellon employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
