BNY Mellon Careers

Specialist, Compliance & Control

Edinburgh, United Kingdom; Manchester, United Kingdom
Compliance


Job Description

Reporting to the EMEA Head of Regulatory Change, the role of the Specialist, Compliance & Control is primarily to support BNY Mellon in understanding the impact of all new regulatory changes and in implementation of major regulatory changes.  The role has two main elements: the first is in the analysis of new regulatory changes and the provision of advice to management to ensure that they are prioritized and actioned appropriately by the firm; the second is leading for the department in supporting BNY Mellon’s implementation programmes for a number of major regulatory change initiatives.   The role offers the incumbent an exciting opportunity to work on a broad spectrum of new regulatory initiatives across multiple jurisdictions and businesses at a global company that touches almost every part of the financial services industry.

• Utilise existing framework to identify, assess and track key regulatory changes by reviewing sources of information in all applicable UK and EMEA jurisdictions.

• Contribute to the development of a framework to maintain the regulatory change library.

• Monitoring and assessing changes in the regulatory environment and production of analysis documents that can be easily understood by the businesses and clearly identify the key issues for BNY Mellon. 

• Provide support to leading for Compliance on major regulatory change programmes, through the provision of advice, interpretation of regulatory requirements with input from Legal and provision of effective challenge. 

• Provide support to collate, develop and improve Management Information for use within Compliance internally and internal for a, Legal Entity reporting.

• Proactively monitors multiple regulatory information sources to identify new/revised regulatory developments that are applicable to BNY Mellon’s EMEA business activities across multiple jurisdictions (horizon scanning)

• Documents regulatory developments, in an on-line tracker tool, in a timely manner, comprising a summary of each development, with an initial impacts rating

• Production and input into traceability matrices for key regulatory initiatives within ProAct Regulatory Change tool.

• Take ownership of tracking, updating action and change logs (regulatory area).

Qualifications

• Enthusiastic self-starter

• Previous conduct experience within the Compliance function in the financial services industry

• Experience of European regulatory requirements and not just UK

• Ability to understand, interpret and communicate relevant regulatory requirements 

• Excellent verbal and written communication skills

• Focused attitude to work with the ability to constantly meet deadlines while ensuring attention to detail, and high level of accuracy

• Ability to work effectively under pressure and to manage a significant workload during busy periods

• Excellent knowledge of Computer and MS Office (Word, Excel & PowerPoint), Excellent written and verbal communication skills along with eye for detail and strong analytical and problem solving skills.


BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: United Kingdom-Lothian Region-Edinburgh
Job: Compliance
Internal Jobcode: 85160
Organization: Compliance & Ethics-HR06015
Requisition Number: 1818679