for the development of the compliance strategy for Corporate Trust and Depositary
Receipts, including serving as the Chief Compliance Officer for a US and
Canadian based legal entity. Advises on the compliance efforts of the business
units and directs the work of more junior professionals.. Responsible for
assisting the business units by developing strategies to bring them into
compliance with highly complex regulatory and policy requirements. In
partnership with business unit senior managers, responds to and develops
compliance reporting and presents reporting to leadership. Based on assessments
of controls, advises business units on the implementation of improvements and
the completion of appropriate documentation when control changes are made.
Directs analyses of existing and proposed legislation, regulatory announcements
and industry practices in order to lead the assigned businesses in developing
and implementing procedures to meet existing and upcoming requirements. May sssign
analysis activities to more junior professionals. Contributes to the
establishment of key risks indicators (KRIs) and tracking and reporting
methodologies as part of a standard system of measurement and reporting.
Develops projects and programs to improve compliance and enhance the control
environment. Directs the assessment of the effectiveness of current risk
prevention and mitigation projects to ensure senior managers in the assigned
business units are equipped with the education to identify and judge the
severity of risks. Recommends areas and topics where further education is
needed based on assessments and implements approved education activities.
Develops the assigned business units' strategy for analyzing control processes
to ensure they are in compliance with all applicable laws, rules and
regulations. Assigns analysis activities to more junior professionals in
support of the strategy. Uses strong industry experience to validate the
appropriateness of control processes or direct the development of improvements.
Directs the assigned business units in implementing improvements. Provides
direct input to more junior professionals to improve their understanding of
compliance, control and documentation policies. Uses strong working
relationships with outside regulators, government officials and senior business
unit managers to influence compliance activities across multiple business
units, ensure the timely delivery of information and increase the likelihood of
favorable conditions for compliance activities. Leads the development of
training and education for the assigned business units on risk management and
compliance requirements, as necessary. Guides business unit management on
appropriate methods for assessing education needs and determining the
appropriate materials to be developed. Directs less experienced professionals
in 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. Prepares and may deliver complex,
comprehensive, risk based reviews of existing and emerging global regulatory
requirements and provides prompt, focused feedback to business management on
concerning issues and control gaps. Independently develops recommendations for
corrective action and issue tracking to ensure resolution efforts proceed
timely and effectively. Prepares highly complex, time sensitive reporting and
appropriately escalates issues with a potentially global impact to senior
management. No direct reports; provides guidance to more junior team members
and assigns tasks. Directs the achievement of multiple teams' objectives.
Modified based upon local regulations/requirements.
Bachelor s degree or the equivalent combination of education and experience is required. Business or Finance degree preferred. 15-18 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-Pennsylvania-Pittsburgh Internal Jobcode:
Compliance & Ethics-HR06015 Requisition Number: