At a Glance
- Tasks: Oversee compliance and operational effectiveness in client asset safety.
- Company: Join BNY, a leading global financial services company driving innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Dynamic culture with opportunities for personal and professional growth.
- Why this job: Make a real impact in finance while working with cutting-edge technology.
- Qualifications: 5+ years in client asset roles and strong regulatory knowledge required.
The predicted salary is between 80000 - 120000 £ per year.
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
We’re seeking a future team member for the role of Senior Vice President, Client Asset Safety to join our Wealth Services Platform team. This role is located in Manchester or London.
In this role, you’ll make an impact in the following ways:
- Oversight of the operational effectiveness of BNY Pershing’s systems and controls that are designed to achieve compliance with the Financial Conduct Authority’s (FCA) Client Asset Rules (CASS), CBI Client Asset rules and JFSC Client Asset rules.
- Manage the Client Asset Oversight quality assurance plan to ensure that we meet our regulatory requirements and obligations.
- Prepare and submit reports at Board and Executive Committee level to Senior Management and the Head of Client Asset Oversight.
- Act as the CASS SME for business initiatives from a client asset safety perspective and participate in Project Steering or Working Groups.
- Identify and implement opportunities to enhance and automate controls and culture to mitigate risk to BNY Pershing, its clients and the market.
To be successful in this role, we’re seeking the following:
- Bachelor’s degree and a minimum of 5 years’ experience in a senior client asset specific role.
- Strong experience of operational application of client asset rules.
- Full understanding of managing breaches of the regulations, including materiality assessment and regulatory reporting where required.
- Experience of regulatory submissions/notifications such as CMAR/MCAR and adhering to regulatory deadlines.
- Experience of managing an operations or Client Asset Oversight team.
If you don’t meet every qualification but are excited about the role, we encourage you to apply — you may be the right candidate.
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.
Senior Vice President, OPS Regulatory Oversight Management in Manchester employer: BNY Mellon
At BNY, we pride ourselves on fostering a culture of innovation and collaboration, making us an exceptional employer for those seeking to make a meaningful impact in the financial services sector. With our commitment to employee growth, competitive compensation, and a strong focus on wellbeing, we empower our team members to thrive both personally and professionally. Located in vibrant Manchester or London, you will be part of a dynamic environment that embraces cutting-edge technology and diverse perspectives, ensuring that every day at BNY is an opportunity to contribute to the future of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Vice President, OPS Regulatory Oversight Management in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work at BNY or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by researching BNY’s culture and values. Show us how your experience aligns with their mission of driving transformative solutions. Tailor your answers to reflect their focus on innovation and compliance.
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply directly through it. This shows initiative and gives you a better chance of being noticed by the hiring team.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that keeps you on their radar and reinforces your enthusiasm for the role. Plus, it’s a great way to reiterate your fit for the position!
We think you need these skills to ace Senior Vice President, OPS Regulatory Oversight Management in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the Senior Vice President role. Highlight your operational experience with client asset rules and any relevant achievements that showcase your expertise.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're excited about this role at BNY. Share your passion for regulatory oversight and how your background aligns with our mission to drive transformative solutions in finance.
Showcase Your Leadership Skills:Since this is a senior position, emphasise your leadership experience. Talk about how you've managed teams or projects in the past, especially in relation to compliance and risk management.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at BNY.
How to prepare for a job interview at BNY Mellon
✨Know Your Regulations
Make sure you brush up on the Financial Conduct Authority’s Client Asset Rules and other relevant regulations. Being able to discuss these confidently will show that you’re not just familiar with the rules, but that you can apply them effectively in your role.
✨Showcase Your Leadership Skills
As a Senior Vice President, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've successfully managed teams or projects in the past, especially in relation to client asset oversight and compliance. This will help illustrate your ability to lead and inspire others.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific regulatory breaches or compliance challenges. Think through potential scenarios and how you would approach them, focusing on your problem-solving skills and your understanding of risk mitigation.
✨Align with BNY's Culture
Familiarise yourself with BNY's culture and values. Be ready to discuss how your personal values align with theirs, particularly around innovation and collaboration. Showing that you fit into their culture can set you apart from other candidates.
