Operations Control Associate II

An Operations Control Associate II at BNY is responsible for conducting control testing, providing risk and compliance support, and analyzing control and risk management processes. This role involves documenting existing controls, collaborating with business units to enhance operational processes, and creating comprehensive reports on testing outcomes.

To qualify for the Operations Control Associate II role at BNY, candidates should possess a Bachelor’s degree or an equivalent combination of education and work experience. While 0-3 years of work experience is preferred, related internship experience in finance or a risk management setting is highly advantageous.

Ideal candidates for the Operations Control Associate II position at BNY should have prior experience or internships related to risk, audit, compliance, and control within a finance environment. This exposure will greatly benefit their ability to succeed in the role.

The Operations Control Associate II at BNY operates on a hybrid schedule, requiring three days a week in the Pittsburgh office. This flexibility allows for a better work-life balance while still fostering team collaboration.

BNY provides competitive compensation along with a rich array of benefits and wellbeing programs. Employees enjoy generous paid leaves, including paid volunteer time, and resources focused on health and financial goals, underlining the company's commitment to employee welfare.

In your response, highlight relevant experiences where you identified and managed risks. Discuss any specific frameworks or strategies you utilized and the outcomes of your efforts, ensuring to relate your answer back to how these experiences prepare you for the Operations Control Associate II position at BNY.

You can discuss your systematic approach to control testing, including how you gather data, analyze processes, and document results. Mention any techniques you apply to ensure thorough evaluations and highlight any specific experiences where your testing positively impacted operations.

Articulate a methodical process that includes collecting relevant data, engaging with relevant stakeholders, and utilizing analytical tools to assess the effectiveness of existing controls. Providing a specific example will strengthen your answer.

Explain your method for prioritization based on urgency, relevance to operational goals, and timelines. Illustrate your answer with an example of how you successfully managed competing priorities in a previous role.

Share a specific example where you recognized a gap in risk management. Explain the process you followed to address it, including how you communicated the issue and the solution implemented, and the positive outcomes that resulted from your initiative.

Discuss your approach to staying updated with regulations, including utilizing industry resources, attending training, or collaborating with compliance teams. Mention how you have implemented or ensured adherence to these standards in previous positions.

Mention the specific reporting tools or software you have experience using in risk management, along with any key features that are beneficial for analyzing and presenting data effectively for control testing.

Elaborate on the importance of documentation in creating transparency, enabling effective audits, and fostering continuous improvement. Provide examples of how thorough documentation has aided in your previous work.

Reflect on your openness to feedback and how you use it constructively to improve your work. Share experiences where you received constructive criticism and used it to enhance your skills or project outcomes.

Focus on your admiration for BNY’s culture of innovation and inclusion. Mention how the company’s values align with your own career aspirations and how you see yourself contributing to their mission of making money work for the world.