BNY Mellon Careers
LdAnlyst, Compl&Control (Compliance Monitoring & Testing)
In this compliance monitoring role the successful candidate will principally conduct broker-dealer branch examinations. Analyze in-house business practices, controls. Communicate monitoring review results to senior business management. Prepare clear and organized branch examination reports. Assist in creating annual branch examination plans.
With direct guidance, contributes to the compliance efforts of the assigned business units. Helps with assessment activities to ensure the business units are in compliance with standard regulatory and policy requirements. Helps the business units respond to and develop compliance reporting, as directed. Contributes to drafting of documentation when control changes are made. Under direct guidance, analyzes existing legislation, regulatory announcements and industry practices in order to report on the assigned business' current state of compliance. Contributes to projects and program tasks intended to improve compliance and enhance the control environment. Analyzes control processes to ensure they are in compliance with all applicable laws, rules and regulations. Reviews the appropriateness of control processes. Begins to build working relationships with outside regulators, government officials and business unit managers in order to facilitate the timely delivery of information and increase the likelihood of favorable conditions for compliance activities. With direct guidance, contributes to assessments of the effectiveness of controls that help ensure ongoing compliance with key laws, regulations and policies affecting BNY Mellon businesses. Begins to gain experience preparing risk based reviews of existing and emerging regulatory requirements, concerning issues and control gaps. Contributes to the preparation of reporting, as directed. Escalates issues to more experienced professionals. No direct reports. Contributes to the achievement of team objectives. Modified based upon local regulations/requirements.
QualificationsBachelor s degree or the equivalent combination of education and experience is required. Business or Finance degree preferred. 3-5 years of total work 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 Jersey-Jersey City
Internal Jobcode: 85159
Organization: Compliance & Ethics-HR06015
Requisition Number: 1806459