EMEA Financial Crime Regulation, Projects & Governance

Job Description

Job Purpose:

The role is primarily to assist the EMEA Group MLRO in the design and maintenance of a robust Financial Crime Framework for the EMEA Region and to lead core elements of the programme, including: regulatory analysis, rule and controls mapping, supporting policy development and maintenance, financial crime training & awareness and Governance, in order to support BNY Mellon Lines of Business and Legal Entities in complying with local regulatory requirements and expectations and with corporate compliance policies.

• Regulatory Analysis: Take the lead on analysis of new and amended financial crime regulations impacting the UK and wider region.  Working with global, regional and local colleagues, take a leading role on gap analyses, as required, to consider the impact on individual business lines and legal entities.  Ensure appropriate support for regulatory projects within impacted areas.
• Analysis of industry news: Take the lead on analysis of industry related news e.g. negative information and fines.  Undertake gap analyses where necessary and disseminate findings.  Ensure appropriate follow up of any issues identified and track to conclusion.
• Local requirements: Ensure that local KYC requirements are properly assessed and regularly reviewed to ensure processes and procedures remain up-to-date with regulatory and corporate requirements.  Conduct analysis of local requirements to business processes for key EMEA business areas.
• Financial Crime Awareness & Training: Increasing awareness of financial crime compliance obligations and responsibilities and helping to promote a culture of compliance and control by conducting periodic training needs analysis and designing and delivering targeted training in light of that analysis.
• JMLIT:  As required, act as representative on the Joint Money Laundering Intelligence Taskforce Operations Group.  In conjunction with Corporate Security and other EMEA Financial Crime colleagues, ensure relevant assessment of the intelligence received and feedback to relevant parties. Also lead on the Markets Group JMLIT meetings, provide intelligence updates and ensure appropriate actions are assessed and executed where necessary.
• Governance and MI, Escalation and Reporting: In conjunction with MLRO and Deputy MLRO assisting with development and organisation of the regional Anti-Money Laundering oversight Committee (EAMLOC) including development of MI.  Ensure production of consistent MI in relation to financial crime for other governance forums.  Offer constructive challenge and help to support the Committee fulfil its role and responsibilities and escalating and cascading matters through reporting or other channels so that key financial crime risks are identified, discussed and mitigated.
• Supporting Policy Development: Ensuring that the EMEA Financial Crime policy framework is consistent with key legal and regulatory requirements.
Tracking: Ensure the prompt review and update of regulatory change items, with relevant follow up and review fully documented.
Additional Responsibilities
• Liaising with colleagues/peers in other jurisdictions on Regional AML Compliance programme matters and issues of common interest
• Using extensive industry experience to make well informed decisions that have positive impact on the strategic direction of the AML Compliance function and by providing technical AML compliance programme advice to the team.


Governance Responsibilities
• Helping to ensure that a strong governance culture is embedded within the region, that issues are escalated and cascaded appropriately and that key risks are identified, discussed and mitigated.
• Building a good understanding of the EMEA governance framework, including escalation requirements.

Generic Staff Responsibilities:
Comply with all BNY Mellon corporate policies and procedures, including HR policies and procedures and departmental procedures
- Alert management immediately of any significant changes to business risks and internal control effectiveness
- Notify management and the Head of EMEA Compliance and/or the Chief Compliance and Ethics Officer immediately on discovery of any material regulatory breach
- Comply with all Security and Health & Safety policies and procedures operating within the business.
Person Specification:

 Core Competencies:
- Adaptability
- Communication
- Customer Orientation
- Interpersonal Skills
- Judgment
- Managing Risk.


Job Specific Competencies / Technical skills / knowledge
- Extensive Financial Services AML / Compliance / Legal experience
- Thorough knowledge of laws, regulations and expectations of European and UK Regulators
- Awareness of US and other foreign rules an advantage
- Ability to work under time pressure in calm, professional manner in an environment of change
- Strong analytical skills, problem-solving ability and attention to detail;
- Excellent communication and interpersonal skills
- The ability to handle stressful situations with internal clients and regulators, while maintaining a professional approach to problem solving. 
- Ability to effectively deal with senior management as well as Regulators as required.
- Strong planning skills
- Collaborative approach and ability to work well within a team environment
- Proven sound judgment
- Ability to take on and complete tasks with minimal oversight
- Experience of working in a global firm an advantage
- Experience of working with regulatory bodies an advantage.
- Proven leadership abilities with experience of reporting to senior management and governance

Academic/Professional Qualifications (or equivalent qualifiers)
Bachelor’s degree or the equivalent combination of education and experience is required.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: Ireland-Dublin-
Job: Risk
Internal Jobcode: 85167
Organization: Compliance & Ethics-HR06015
Requisition Number: 1917015