BNY Mellon Careers

Compliance Anti-Money Laundering Manager - Senior Specialist

Dublin, Ireland
Compliance


Job Description

Purpose: 

 

This role involves ensuring that the AML control framework within specified BNY Mellon Irish legal entities (“the firm”) is comprehensive and robust. The job holder should ensure the AML/financial crime policies and procedures are maintained and complied with. A key deliverable in the role is to execute a compliance monitoring programme designed to provide assurance that the firms AML framework is being complied with. In addition, the jobholder will interface directly with various business areas in managing a range of AML compliance queries. The jobholder is expected to foster a compliance culture in the firm. 

  

Key Responsibilities:

  • Oversight of the AML/CFT framework within the firm, ensuring it is comprehensive, robust and compliant with corporate policy and regulatory obligations
  • Implementing assigned AML/financial crime monitoring reviews
  • Implementing and enhancing AML/financial crime policies and procedures
  • Investigating and taking responsibility for AML/financial crime issues and regulatory matters arising
  • Analysing existing and proposed legislation, regulatory announcements/changes and industry practices which may impact the firm. Advising senior management on their implications and assist the assigned business areas to develop and implement AML policies and procedures to meet existing and upcoming requirements
  • Contributing to the development of projects and initiatives to improve AML compliance and enhance the control environment within the firm
  • Contributes to the achievement of team objectives
  • Promoting a strong compliance culture within the firm
  • Administering the SAR reporting obligations on behalf of the Ireland MLRO

Specific Responsibilities:

 

SAR Reporting

  • On behalf of the Ireland MLRO, take direct responsibility for ensuring that local SAR obligations are appropriately managed in compliance with corporate policy and regulatory obligations 
  • Escalate as appropriate to the Ireland MLRO
  • Review and maintain the SAR register including the timely closure of SARs, required record retention and appropriate senior management reporting
  • Maintain general staff awareness and deliver SAR training as required

Compliance Monitoring

  • Contribute to annual Compliance Monitoring planning process
  • Complete assigned AML/CFT Monitoring reviews in line with corporate policy and local procedures, ensure all required documentation is uploaded into Extraview / GCMS and available for auditing purposes
  • Analyse and validate the control processes within the firm to ensure they are in compliance with all applicable corporate policies, local procedures and regulations
  • Assess the effectiveness of controls that help ensure ongoing compliance with corporate policies, local procedures and regulations affecting the firm
  • Identify, escalate and seek resolution of weaknesses or gaps in internal procedures or controls within the business
  • Prepare reports for senior management, contribute to the development of recommendations for corrective action and issue tracking to ensure resolution efforts proceed timely and effectively, appropriately escalating any issues to management
  • Participate in senior management discussions as appropriate

AML Policies & Procedures

  • Identify, prepare and review new AML/CFT procedures to ensure adherence to AML/CFT framework, ensuring they are compliant with corporate policy and regulatory obligations
  • Ensure that business area and team procedures are properly maintained and refreshed on an ongoing basis
  • Ensure that relevant BNY Mellon staff are advised and kept up to date with relevant AML policies and procedures.

AML Advisory Support

  • Review and support the firms’ business areas in the following:
  • PEP and high risk form review
  • General AML, financial crime queries
  • Supporting client/Fund MLRO due diligence visits as required

AML Training

Support the development and deliver AML training programmes as required

Generic Responsibilities:

  • Comply with all BNY Mellon corporate policies and procedures, including HR policies and procedures
  • Alert management immediately of any significant changes to business risks, internal control effectiveness, or discovery of any potential or material regulatory breach
  • Build and maintain strong working relationships with key business areas within the firm
  • Responsibility for the timely completion of audit and regulatory requests for information 
  • Contributes to the preparation of time sensitive reporting and appropriately escalates issues to management
  • Prepares and contributes to team MIS and governance reporting
  • Required to interact directly with senior business management in a decision-making capacity
  • Teamwork is integral to this role, the candidate needs to communicate effectively and foster a collaborate working relationship with team members

Qualifications

Key Skills/Experience:

  • Proven experience in financial services. Knowledge of the funds industry being a distinct advantage
  • Proven working knowledge of Irish (or equivalent) AML legislation and regulatory requirements
  • Management skills to balance multiple priorities are key to this role
  • Background in compliance or legal would be a distinct advantage
  • Assumes responsibilities for outcomes of others
  • Promotes a sense of urgency and establishes and enforces individual accountability in the team
  • Quickly and decisively takes action in fast-changing, unpredictable situations
  • Good report writing and presentation skills
  • Superior interpersonal, and communication skills
  • Proactive approach and sound judgement
  • Keen interest in emerging AML/CFT regulations


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 Employer.

Primary Location: Ireland-Dublin-Dublin
Job: Compliance
Internal Jobcode: 85161
Organization: Compliance & Ethics-HR06015
Requisition Number: 1810360