Associate First Line Risk Manager
Confirmed on the employer's own hiring board on Oct 13, 2026. First seen by Alion on Sep 18, 2026. BNY scores A on the Alion truth index.
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.