BNY Mellon Careers

Executive Manager, Compliance & Control - Markets, Pershing, Clearing & Treasury

New York, New York
Compliance


Job Description

Leads a global team of professional staff and more junior managers responsible for overseeing and managing the worldwide administrative, operational and financial affairs of the Compliance function. Sets organizational compliance policies and business practices and develops common compliance methodologies. Leads global teams of professionals' and managers' assessment of regulatory and policy requirements in order to develop programs and projects to improve worldwide compliance, and presents program and project recommendations to global leadership. Reviews and approves or rejects program or project recommendations from more junior managers. Advises on entire business units' strategy changes to further improve their ability to remain in compliance with or become compliant with organizational policies and regulations. Maintains extensive knowledge of regional/jurisdictional differences in laws, policies and regulations and appropriately requests the advice of regional/jurisdictional experts, as needed. Accountable for ensuring compliance strategy changes are appropriately implemented in a timely manner across all business units. Establishes the overall compliance strategy and protocols for enforcing and monitoring compliance efforts for the organization; assigns routine monitoring responsibilities to professional staff and more junior managers. Leads professional staff and more junior managers in completing highly complex, detailed analyses of existing and proposed legislation, world regulatory events and announcements and industry practices in order to identify opportunities for business unit and regional/ jurisdictional alignment with the global compliance strategy. Directly influences the ways in which senior organizational managers and leaders implement approved procedures to meet requirements and ensure alignment with industry best practice methodology. Leads and manages the assessment and validation of global control processes to ensure compliance with laws, rules and regulations. Leads and is responsible for efforts to develop a strong compliance culture among senior business unit managers and increase organizational awareness of compliance roles and responsibilities within the assigned region/ jurisdiction. Leads the design and development of tools for senior business unit managers' and leaders' use in explaining the compliance strategy and expectations among their teams. Uses strong, longstanding relationships with senior business unit managers and sector executives to increase ensure timely completion of compliance activities and responses to reports issued by regulatory agencies or audit. Counsels executives and provides direction and support for compliance activities, initiatives and issues with a potentially high financial impact on the organization. Maintains strong relationships with senior regulators and government officials and appropriately escalates high impact issues raised by these contacts to executive leadership. Independently addresses issues with a high risk level and high potential financial impact for the organization. Uses extensive industry experience to make well informed decisions that have a very large, direct, positive impact on the strategic direction and results of the organization by providing technical expertise and advice to top executives and monitoring business partner performance on behalf of the leadership to ensure efficiency, profitability and customer satisfaction. Leads a global team of staff and more junior managers responsible for assessing the effectiveness of highly complex controls that help ensure ongoing compliance with key laws, regulations and policies affecting BNY Mellon businesses throughout the world. Leads the team's completion of comprehensive, risk based reviews of existing and emerging global regulatory requirements and provision of prompt, focused feedback to business management on concerning issues and control gaps. Delivers recommendations for corrective action and issue tracking to ensure resolution efforts proceed timely and effectively to senior management. Is accountable for the accuracy of reporting produced by the team and the appropriate escalation of issues with a potentially global impact to senior management and applicable Boards. Recruits, directs, motivates and develops professional staff and more junior managers, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team and/or lead. Provides feedback at the most critical times. Leads a global team of professional staff and more junior managers. Responsible for the achievement of worldwide functional goals and objectives. Ensures regions are equipped to operationalize and attain global objectives. Ensures appropriate financial and human resource allocation. Modified based upon local regulations/requirements. 

Qualifications

Bachelor s degree or the equivalent combination of education and experience is required. MBA, JD or professional certification preferred. 15+ years of total work experience, with 5-7 years of management experience, preferred. Financial Services, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred.

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

Risk and Compliance provide risk and compliance services across all BNY Mellon businesses. Organizationally, Risk and Compliance includes the following groups: Risk Management, Compliance, Global Corporate Security, Information Risk Management and Global Business Continuity. Risk Management oversees and delivers risk services and ensures new business risks are reviewed and approved. Risk Management is organized through Chief Risk Offices for each core business and critical operation. Risk managers provide shared support to BNY Mellon for operational risk services for Global Corporate Trust, Depositary Receipts, Treasury Services and Global Operations in EMEA. Compliance helps ensure BNY Mellon's businesses maintain appropriate processes to comply with applicable laws, regulations, BNY Mellon policies and ethics. This is accomplished through business- and business partner-specific teams of professionals, under centralized global management.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-New York-New York
Internal Jobcode: 85169
Job: Compliance
Organization: Compliance & Ethics-HR06015
Requisition Number: 1804433