Senior Vice President, Compliance & Control – Core Compliance

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the centre 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.

Team Description: The Core Compliance function is one of the key functions of the Compliance and Ethics Management Framework. The Core Compliance function includes:

• Compliance Risk Assessment: An assessment of the inherent risk and control environment with respect to Market Abuse risks against laws, rules, and regulations resulting in identification of the highest risks to the Firm.
• Regulatory Change Management: New/Proposed/Amended laws, rules, regulations, standards, and certain guidelines/guidance that create obligations for Firm legal entities, LOBs or corporate functions.
• Compliance Surveillance: Independent check and challenge over in-scope businesses and functions through the continuous execution of primary and Quality Assurance (QA) trade, voice, and e-communications surveillance.
• Compliance Policies: Defining Surveillance / Market Abuse policy requirements and overseeing and reporting on the timely maintenance and implementation of the policy framework.

Outputs from these Core Compliance activities assist the Compliance Senior Leadership Team and the Firm’s Chief Compliance and Ethics Officer (CCEO) in maintaining an effective Compliance Risk Management Program.

Responsibilities: In this role, you’ll make an impact in the following ways:

• Lead and perform the execution of complex and/or large Compliance Governance & Control validation activity for all Corporate BNY Market Abuse Framework uplifts/remediation activity in alignment with validation requirements articulated in the underpinning procedures.
• Review and verify that the activities of Core Compliance functions align with the overall Market Abuse strategy and are sustainable and repeatable as applicable.
• Review, check, challenge and validate that the documentary evidence standards are aligned to the closure standards in place for uplift and remediation.
• Contribute to the development of projects and programs to improve compliance and enhance the control environment with respect to Market Abuse risk.
• Assist in validating that controls and implementation of new control procedures are clearly documented in response to uplift and remediation actions.
• Ownership of setting standards on coordinating, execution and documenting execution of all validation activity and subsequent execution.
• Stakeholder management and liaising with different Platforms Business Units/Core Compliance functions to manage execution and completion of validation activities as and when required.
• Active stakeholder management on any rejected validation activity and progression through secondary validation activity.
• Maintain inventory of procedures/manuals and records management inventory for all Core Compliance validation activity aligned Market Abuse functions.
• Represent Core Compliance on validation activity, including execution status, issues identified and standard development.

Requirements: To be successful in this role, we’re seeking the following:

• Preferred experience: Extensive industry experience with a demonstrable track record working in Compliance / Audit.
• Strong knowledge of the financial services regulatory environment is essential.
• Excellent spoken and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.
• Advanced MS Office skills.
• Good analytical skills with capability of identifying, collating and distilling relevant information and presenting to senior stakeholders.
• Focused attitude to work with the ability to constantly meet deadlines while ensuring attention to detail, and high level of accuracy.
• Good interpersonal and communication, and negotiation skills.
• Ability to work effectively in a fast-paced environment, with the ability to prioritize and balance competing, time sensitive demands.
• Bachelor’s Degree required.

At BNY, our inclusive culture speaks for itself.

Our Benefits: 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 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.