What are the responsibilities and job description for the Director, Application Development Manager position at Bank Of New York Mellon?
Job Description
Role Summary: The Director, Head of Engineering - Operational Risk will be a member of the Engineering Practice and aligned to the Risk & Compliance Hub. This role is responsible for engineering strategy, architecture, and delivery for the Operational Risk domain, with a focus on scalable platforms, strong controls, agile execution, and an AI-first approach to engineering outcomes.
Key Responsibilities
Qualifications
Ways of Working
Leadership Expectations
About Us
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.
About the Team
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:
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.
Role Summary: The Director, Head of Engineering - Operational Risk will be a member of the Engineering Practice and aligned to the Risk & Compliance Hub. This role is responsible for engineering strategy, architecture, and delivery for the Operational Risk domain, with a focus on scalable platforms, strong controls, agile execution, and an AI-first approach to engineering outcomes.
Key Responsibilities
- Design scalable architectures for operational risk controls, event management, and monitoring systems.
- Standardize taxonomies for operational risk events, controls, issues, and related management information.
- Develop risk mitigation strategies, automation frameworks, and resilient engineering capabilities to strengthen the control environment.
- Lead small, agile engineering teams focused on platform outcomes, delivery quality, and operational stability.
- Drive an AI-first approach in operational risk tooling to improve automation, insight, and workflow effectiveness.
- Collaborate with stakeholders in risk management, control functions, and business units to prioritize and deliver capabilities.
- Support engineering decisions that balance innovation, risk management, and operational resilience.
Qualifications
- Advanced degree in computer science or a related discipline, or equivalent work experience required12 years of experience in systems analysis and program development with related supervisory, management and administrative experience required, experience in the securities or financial services industry is a plus
- Experience with operational risk management systems, controls, or workflow tooling in an enterprise setting.
- Familiarity with agile practices and leading small, high-performing teams.
- Industry experience in operational risk is a plus.
- Strong communication, influence, and stakeholder management skills.
Ways of Working
- Operate as a senior engineering leader within the Engineering Practice, contributing to engineering standards, talent development, and platform-wide execution discipline.
- Work within the Risk & Compliance Hub to align delivery with hub priorities, regulatory expectations, and enterprise risk and control objectives.
- Lead small, high-performing agile teams using iterative delivery practices, transparent prioritization, and measurable outcomes.
- Partner closely with product, data, risk, compliance, and business stakeholders to shape roadmaps and deliver resilient solutions.
- Promote an AI-first mindset by identifying opportunities to improve engineering productivity, automation, controls, and decision support.
Leadership Expectations
- Create clarity on priorities, architecture direction, and execution outcomes for the team and stakeholders.
- Build strong engineering culture through coaching, accountability, collaboration, and continuous improvement.
- Balance innovation with sound engineering practices, operational resilience, and risk management.
- Represent the domain effectively across hub, practice, and enterprise governance forums.
- Drive delivery against strategic objectives while maintaining high standards for quality, performance, and control.
About Us
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.
About the Team
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.