BNY Mellon Careers

LdRep, Compl&Control

Chennai, India
Compliance


Job Description

Serves as a team lead over the day-to-day efforts related to assessing whether assigned areas are in compliance with relevant laws, rules, regulations and policies and that control mechanisms are being deployed as expected. Independently, monitors and reports on established controls and the implementation of new control procedures in response to regulatory changes or compliance issues. As an experienced team member, suggests and implements changes to improve work processes. Provides work assignments to lower level peers and reviews the quality of their work. Independently researches and collects data on compliance and control-related activities. Leads the activities of more junior support staff and the compilation of data into a useable format for more senior roles. May conduct basic preliminary analyses of collected data and report on findings. Responsible for reviewing work completed by more junior support staff for accuracy and completeness and coaches them to improve their work quality. Reviews and verifies that the activities of the assigned areas are aligning with the overall control procedures and compliance strategy. Independently prepares reports for management on the business line's compliance status and may assign report development tasks to more junior support staff. Reviews reports with more senior support roles to confirm accuracy and completeness and checks reporting prepared by more junior support staff. Identifies and addresses reporting gaps. Counsels business personnel and management on remaining in compliance or improving their alignment with established controls and compliance goals. Identifies and addresses compliance issues, directly interfacing with peers in assigned business areas. Triages escalated issues and determines which ones need management attention or can be solved directly. Guides lower level peers on new or unusual situations. Leads the support team's provision of technical support for professional and management staff's assessment of the effectiveness of controls that help ensure ongoing compliance with key laws, regulations and policies affecting the assigned areas. Independently produces large quantities of data to support comprehensive, risk based reviews of existing and emerging regulatory requirements. Reviews data produced by the team and appropriately escalates issues to professional and management staff. As a team lead, recommends process improvements to management. Establishes and execute operating procedures for assigned team. Monitors the team's achievement of daily goals and coaches them to improve their timeliness or work quality. Assists senior team members and management with the development of tools to help educate the assigned business units on risks resulting from gaps in compliance, control mechanisms, how to improve compliance with organizational and regulatory standards. No direct reports but serves as a team lead; provides guidance to more junior team members and assigns tasks. Contributes to the achievement of team objectives. Modified based upon local regulations/requirements. Bachelor s degree or the equivalent combination of education and experience is required. 5+ years of total work experience preferred. Experience with Financial Services Industry regulations, compliance operations or auditing preferred. 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.

Qualifications

Serves as a team lead over the day-to-day efforts related to assessing whether assigned areas are in compliance with relevant laws, rules, regulations and policies and that control mechanisms are being deployed as expected. Independently, monitors and reports on established controls and the implementation of new control procedures in response to regulatory changes or compliance issues. As an experienced team member, suggests and implements changes to improve work processes. Provides work assignments to lower level peers and reviews the quality of their work. Independently researches and collects data on compliance and control-related activities. Leads the activities of more junior support staff and the compilation of data into a useable format for more senior roles. May conduct basic preliminary analyses of collected data and report on findings. Responsible for reviewing work completed by more junior support staff for accuracy and completeness and coaches them to improve their work quality. Reviews and verifies that the activities of the assigned areas are aligning with the overall control procedures and compliance strategy. Independently prepares reports for management on the business line's compliance status and may assign report development tasks to more junior support staff. Reviews reports with more senior support roles to confirm accuracy and completeness and checks reporting prepared by more junior support staff. Identifies and addresses reporting gaps. Counsels business personnel and management on remaining in compliance or improving their alignment with established controls and compliance goals. Identifies and addresses compliance issues, directly interfacing with peers in assigned business areas. Triages escalated issues and determines which ones need management attention or can be solved directly. Guides lower level peers on new or unusual situations. Leads the support team's provision of technical support for professional and management staff's assessment of the effectiveness of controls that help ensure ongoing compliance with key laws, regulations and policies affecting the assigned areas. Independently produces large quantities of data to support comprehensive, risk based reviews of existing and emerging regulatory requirements. Reviews data produced by the team and appropriately escalates issues to professional and management staff. As a team lead, recommends process improvements to management. Establishes and execute operating procedures for assigned team. Monitors the team's achievement of daily goals and coaches them to improve their timeliness or work quality. Assists senior team members and management with the development of tools to help educate the assigned business units on risks resulting from gaps in compliance, control mechanisms, how to improve compliance with organizational and regulatory standards. No direct reports but serves as a team lead; provides guidance to more junior team members and assigns tasks. Contributes to the achievement of team objectives. Modified based upon local regulations/requirements. Bachelor s degree or the equivalent combination of education and experience is required. 5+ years of total work experience preferred. Experience with Financial Services Industry regulations, compliance operations or auditing preferred. 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.

Pershing provides critical business process, financial and technology solutions for financial organizations around the globe. We operate behind the scenes to power transformational change for broker-dealers, registered investment advisors, independent financial advisers, hedge fund and '40 Act fund managers and individual investors. We strive to be innovators, developing open architecture technology and financial solutions to support our customers' growth. We advocate on behalf of our customers and help them respond to regulatory reform and drive positive outcomes for our industry and investors. From our core business as an industry-leading trade execution, clearing and custody provider, we have evolved into a global multifaceted firm that provides investment solutions, forward-thinking technology-driven efficiencies, practice management and service excellence.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: India-Tamil Nadu-Chennai
Job: Compliance
Internal Jobcode: 85158
Organization: Pershing-HR06431
Requisition Number: 1806232