Senior Specialist, Non-Financial Risk Controls

Senior Specialist, Non-Financial Risk Controls

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 Specialist, Non-Financial Risk Controls, with a focus on CASS Breach Management and Oversight, to join our Global Asset Safety team. This role is located in Manchester.

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

• CASS Breach Management: Support the end-to-end management and oversight of CASS breaches, including identification, investigation, assessment, documentation, escalation and closure, ensuring adherence to regulatory requirements and internal policies and procedures.

• Regulatory Interpretation and Assessment: Interpret and apply relevant FCA Client Assets Sourcebook (CASS) requirements to assess potential breaches, determine regulatory implications and support accurate breach classification, including consideration of the nature, impact and materiality of identified issues.

• Breach Governance and Escalation: Ensure CASS breaches are appropriately recorded, monitored and escalated through established governance frameworks, supporting timely decision-making and adherence to internal escalation and regulatory reporting requirements.

• Remediation and Action Tracking: Monitor and challenge breach remediation activities, working with relevant stakeholders to ensure corrective actions are appropriately documented, progressed and completed within agreed timelines, with particular focus on addressing underlying control weaknesses and preventing recurrence.

• Management Information and Reporting: Support the production and enhancement of CASS breach management information, including analysis of breach volumes, trends, recurring issues, root causes and remediation progress, providing meaningful insights to senior management and relevant governance committees.

• Stakeholder Engagement and Oversight: Build effective working relationships with Operations, Compliance, Risk, Technology and other business stakeholders to support the consistent application of CASS requirements, promote effective breach management practices and strengthen regulatory awareness across the organisation.

• Risk and Control Framework Enhancement: Identify emerging risks, control deficiencies and opportunities for improvement arising from breach investigations, contributing to enhancements in the CASS control environment, operational processes and wider risk management framework.

• Process Improvement and Digital Transformation: Support initiatives to enhance and streamline CASS breach management processes, including opportunities for automation, improved data quality, enhanced reporting capabilities and greater consistency in breach identification, investigation and oversight.

• Continuous Improvement and Best Practice: Promote consistent breach management standards, contribute to the development and maintenance of procedures and guidance, and support knowledge sharing across the Global Asset Safety function to strengthen regulatory compliance and operational effectiveness.

• Team Objectives and Project Delivery: Contribute to the achievement of wider team objectives and support moderately complex projects and regulatory change initiatives, providing specialist input on CASS breach management, regulatory interpretation and associated risk considerations. The role has no direct reports.
  

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

• Bachelor's degree or equivalent combination of education and relevant professional experience.
• Experience within financial services, preferably in a risk management, regulatory compliance, operational controls or client asset protection environment.
• Working knowledge of the FCA Client Assets Sourcebook (CASS) and an understanding of the regulatory requirements relating to the safeguarding of client money and custody assets.
• Understanding of risk and control frameworks, including root cause analysis, issue management, remediation tracking and regulatory escalation processes.
• Strong analytical and problem-solving skills, with the ability to interpret regulatory requirements, assess complex issues and identify potential risks and control weaknesses.
• Previous experience working within a CASS Breach Management, CASS Oversight, Compliance or Operational Risk function.
• Familiarity with regulatory breach management systems, workflow tools or risk and control platforms.
• Experience supporting internal or external CASS audits, regulatory reviews or remediation programmes.
• Proficiency in Microsoft Excel, Power BI or similar reporting and analytical tools.
• An interest in process automation, digital transformation and the use of technology to improve operational efficiency and risk management.

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• America’s Most Innovative Companies, Fortune, 2025

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• “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.