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Senior Associate, First Line of Defense Risk & Controls
full-timeNew York$70k - $107k

Summary

Location

New York

Salary

$70k - $107k

Type

full-time

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About this role

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.

We’re seeking a future team member for the role of Senior Associate – 1LoD Risk & Controls to join our Controls Hub team. This role is located in New York City.

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

  • Supporting strategic priorities for the Controls Hub, including establishing standardized routines for proactive risk mitigation, ensuring timely escalation and remediation of issues, eliminating redundant risk requirements, and promoting adoption of best practices firm-wide
  • Collaborating with senior leaders, embedded control teams, and stakeholders across the Three Lines of Defense to identify process execution challenges and partner with teams to design and implement tactical and strategic improvements
  • Advocating for technology-enabled controls and digital solutions that streamline execution, enhance operational resilience, and automate key processes
  • Delivering training, coaching, and workshops to foster a strong risk-aware culture throughout the organization

 

To be successful in this role, we’re seeking the following: 

  • Bachelor’s Degree in Business, Finance, Economics, or a related field, demonstrating strong quantitative and qualitative capabilities.
  • 2-4 years of experience in risk management and internal controls implementation 
  • Solid understanding of risk management principles, control frameworks, and the Three Lines of Defense model within large organizations
  • Exceptional analytical, problem-solving, relationship-building, and communication skills, with the ability to meet aggressive deadlines and align with strategic goals
  • Experience working in high-pressure environments and effectively communicating complex risk topics to senior leadership and technical teams
  • A highly motivated, detail-oriented, self-starter mindset with the ability to prioritize, take initiative, and work both independently and collaboratively in a dynamic team setting


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 base salary for this position is expected to be between $70,000 and $107,500 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. 
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.

Other facts

Tech stack
Risk Management,Internal Controls,Analytical Skills,Problem-Solving,Communication Skills,Relationship Building,Quantitative Skills,Qualitative Skills,Technology-Enabled Controls,Operational Resilience,Training,Coaching,Collaboration,Strategic Improvements,Proactive Risk Mitigation,Best Practices

About BNY

For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of December 31, 2025, BNY oversees $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.

Follow BNY on Instagram & X: @BNYglobal

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 1784

What you'll do

  • The Senior Associate will support strategic priorities for the Controls Hub, focusing on risk mitigation and best practices. They will collaborate with various teams to identify challenges and implement improvements.

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Frequently Asked Questions

What does BNY pay for a Senior Associate, First Line of Defense Risk & Controls?

BNY offers a competitive compensation package for the Senior Associate, First Line of Defense Risk & Controls role. The salary range is USD 70k - 108k per year. Apply through Clera to learn more about the full compensation details.

What does a Senior Associate, First Line of Defense Risk & Controls do at BNY?

As a Senior Associate, First Line of Defense Risk & Controls at BNY, you will: the Senior Associate will support strategic priorities for the Controls Hub, focusing on risk mitigation and best practices. They will collaborate with various teams to identify challenges and implement improvements..

Why join BNY as a Senior Associate, First Line of Defense Risk & Controls?

BNY is a leading Financial Services company. The Senior Associate, First Line of Defense Risk & Controls role offers competitive compensation.

Is the Senior Associate, First Line of Defense Risk & Controls position at BNY remote?

The Senior Associate, First Line of Defense Risk & Controls position at BNY is based in New York, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior Associate, First Line of Defense Risk & Controls position at BNY?

You can apply for the Senior Associate, First Line of Defense Risk & Controls position at BNY directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about BNY on their website.