Associate First Line Risk Manager

The Bank of New York MellonNew York, NY

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Overview

Schedule

Full-time

Education

Engineering (PE)

Career level

Director

Remote

On-site

Job Description

JobID: 82204

Category: Data Science

JobSchedule: Full time

Posted Date: 2026-09-18T16:51:44+00:00

JobShift: Day

Base Salary Min: 59000

We're seeking a future team member for the role of Associate, First Line Risk Manager to join our First Line Risk team in Markets. This role is located in New York, NY.

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

Join the First Line Exposure Optimization Team with focus on the Execution Service Business.

Governance & Monitoring

Monitor and analyze key financial resource metrics including RWA, leverage, liquidity stress testing (LST), SCCL, capital consumption and balance-sheet utilization.
Perform portfolio, client and counterparty exposure analysis across FX, FIEQ, Agency Lending, Securities Financing and other Markets businesses.
Support stress testing, limit monitoring and exposure-management processes, including SCCL and liquidity-risk frameworks.
Identify material exposure trends, concentrations and emerging risks and provide actionable recommendations to business and risk stakeholders.

Product Design

Develop and maintain risk dashboards, management information packs, Tableau reporting and analytical tools supporting first-line risk oversight.
Partner with Treasury, Credit Risk, Market Risk, Liquidity Risk and business leadership to optimize scarce financial resources and improve risk-adjusted returns.
Automate reporting and monitoring processes using data analytics and technology solutions to improve efficiency and control effectiveness.

Escalation & Workouts

Lead exposure reviews and escalation processes for material limit excesses, concentration concerns and emerging risk events.
Coordinate with business, Treasury, Risk and senior management stakeholders to develop remediation actions and optimize resource consumption.
Produce executive summaries and ad-hoc exposure analyses during periods of market stress, elevated volatility or significant client activity.

The successful candidate will demonstrate/possess:

Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics or related quantitative discipline.
Experience in Markets, Financial Resource Management, Treasury, Risk Analytics, Liquidity Risk, Counterparty Risk or Financial Risk Management.
Excel and data analytics capabilities; experience with Python preferred, but not necessary.
Strong written and verbal communication skills with experience preparing materials for senior management.

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FAQs About Associate First Line Risk Manager Jobs at The Bank of New York Mellon

What is the work location for this position at The Bank of New York Mellon?

This job at The Bank of New York Mellon is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at The Bank of New York Mellon?

Employer has not shared pay details for this role.

What employment applies to this position at The Bank of New York Mellon?

The Bank of New York Mellon lists this role as a Full-time position.

What experience level is required for this role at The Bank of New York Mellon?

The Bank of New York Mellon is looking for a candidate with "Director" experience level.

What education level is required for this job?

The education requirement for this position is Engineering (PE). Candidates with relevant qualifications or equivalent experience may also be considered.

What is the process to apply for this position at The Bank of New York Mellon?

You can apply for this role at The Bank of New York Mellon either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.