Compliance Risk Assessment Specialist - Vice President

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world.

We’re seeking a future team member for the role of Compliance Risk Assessment Specialist to join our Compliance team. This role is located in Manchester, hybrid. The CRA specialist will take on responsibility for delivering timely and thorough compliance risk assessments through interaction with and managing Business Compliance Groups. You will support the Global Head of CRA in managing the execution of the CRA and the development of the Line of Business/Platform/Regional/Global Compliance Plans to enable determination of the structure and composition of the annual program.

This is achieved primarily through the following:

• In advance of CRA execution, preparation of data for capture within the respective risk assessments.
• Supporting management of the Laws Rules and Regulation Inventory.
• Managing Business Compliance groups through the CRA timeline and ensuring that all necessary and appropriate inputs are captured within the compliance risk assessments.
• Executing Risk Assessments in line with the global methodology and ensuring required evidences are retained.
• Liaising with the business and Senior Management in respect to ensuring consistency and calibration across multiple lines of business/regions.
• Providing timely and accurate Management Information where relevant to internal stakeholders.
• Participation in Committee Meetings as required.

In addition, you should be prepared to assist as required in the following activities:

• Design and development of process/application enhancements and subsequent User Acceptance Testing.
• Managing Business Compliance Groups through the Post CRA timeline supporting delivery of the Enterprise-Wide CRA Report and Compliance Annual Plan.

Responsibilities:

• Ensure that compliance initiatives derived from the CRA and Compliance Annual Plan are actively tracked and completed in a timely manner.
• Act as a delegate for the Head of CRA in providing support and guidance to team members and businesses where required.
• Act as a subject matter expert on the CRA process for the Business Compliance Groups during the execution of the CRA.
• Preparation of pre-execution phase of the CRA.
• Facilitate the 1st line execution of the CRA.
• Provide necessary Management Information in support of CRA execution.
• Assist in enhancing the CRA lifecycle process.
• Assist with development of the annual Compliance program.
• Proactively track outstanding and overdue actions.
• Represent Compliance at internal meetings and Committees where required.

Generic Staff Responsibilities:

• Comply with all BNY Mellon corporate policies and procedures, including HR policies and procedures, applicable to BNY Mellon.
• Alert management including the Chief Risk Officer and/or the EMEA Chief Risk Officer immediately of any significant changes to business risks and internal control effectiveness.
• Notify management and/or the Chief Compliance and Ethics Officer and EMEA Head of Compliance immediately on discovery of any material regulatory breach.
• Comply with all Security and Health & Safety policies and procedures operating within the business.
• Complete all mandatory training and ensure any external training undertaken has been recorded in the training system (Saba) and obtain or maintain all qualifications that may be required to perform your role.

Academic/Professional Qualifications (or equivalent qualifiers):

• Degree educated or a strong academic/professional work record with preference for Compliance and/or Legal, Audit, Risk background.
• A compliance qualification would be a distinct advantage.
• Proven experience in the Financial Sector, preferably with a background in Compliance, Risk or Internal Audit.
• Good PC skills (Microsoft Excel and Word essential – PowerPoint useful).
• Good report writing and presentation skills.
• Good Analytical skills capable of identifying, collating and distilling relevant information.
• Focused attitude to work with the ability to constantly meet deadlines while ensuring attention to detail, and high level of accuracy.
• Superior interpersonal and communication, and negotiation skills.
• Knowledge and awareness of compliance laws, rules, regulations, risk and regulatory requirements.
• Ability to work effectively in a fast-paced environment, with the ability to prioritize and balance competing, time-sensitive demands.
• Must be able to understand and apply outcome-focused regulation and have a sound risk awareness whilst maintaining an awareness of commercial pressures on the firm.

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.