At a Glance
- Tasks: Manage regulatory reporting and risk assessments in financial crime compliance.
- Company: Join BNY, a leading global financial services company with a culture of innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Dynamic work environment in Manchester with opportunities for growth.
- Why this job: Be part of a transformative team that influences the future of finance.
- Qualifications: Experience in regulatory reporting and risk assessment is essential.
The predicted salary is between 50000 - 65000 £ per year.
Scroll down for a complete overview of what this job will require. Are you the right candidate for this opportunity? 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 Associate – Regulatory Reporting and Risk Assessment to join our EMEA Financial Crime Compliance team. This role is located in Manchester – (4 days in office per week). The role supports our Financial Crime Compliance (FCC) programme.
Responsibilities- EMEA FCC Regulatory Reporting
- Manage the governance process of EMEA FCC Regulatory Reporting, ensuring that it abides by the required Policies, Procedures and Regulations.
- Maintain the EMEA FCC Regulatory Reporting Procedure document.
- Assist in the compilation of data and responses for the Annual FCC reporting for the EMEA Legal Entities.
- Correspondence between the Money Laundering Reporting Officers (MLROs) and the Data Analytics Reporting Team to determine the reporting requirements.
- Support submission readiness, including quality checks, reconciliations, data validations, and Board-level approvals where required.
- FCC Risk Assessment
- Support the annual Financial Crime Risk Assessments (FCRA) across AML, Sanctions, ABC, ATE and CPF themes, including inherent risk, control effectiveness, residual risk and direction of risk.
- Support drafting of Enterprise‐wide AML and Sanctions Risk Assessments for senior governance committees.
- Track issues identified in EMEA FCC risk assessments through ServiceNow and liaise with control owners on remediation progress.
- Partner with global teams to ensure alignment with enterprise‐wide requirements, regulatory expectations, and local entity obligations.
- Ensure data quality and completeness across survey inputs, control evaluations and risk scoring models.
- Work with Data Analytics Reporting Team to validate metrics and enhance automation opportunities within the assessment process.
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 Specialist, EMEA Financial Crime Compliance in Manchester employer: BNY
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. Located in Manchester, our team enjoys a dynamic work environment that promotes employee growth through access to cutting-edge technology and comprehensive wellbeing programs, including generous paid leave and volunteer opportunities. Join us to be part of a forward-thinking organisation that values your contributions and supports your professional journey.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Specialist, EMEA Financial Crime Compliance in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at BNY. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by researching BNY's culture and values. Show them how your skills align with their mission in Financial Crime Compliance. We want to see your passion!
✨Tip Number 3
Practice common interview questions related to regulatory reporting and risk assessment. The more you rehearse, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Senior Specialist, EMEA Financial Crime Compliance in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Specialist role. Highlight your relevant experience in financial crime compliance and regulatory reporting. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about financial crime compliance and how you can contribute to our team. Keep it engaging and personal – we love a good story!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've made an impact in previous roles, especially in areas like risk assessment and data validation. We’re all about results!
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application gets to the right people. Plus, you’ll find all the info you need about the role there!
How to prepare for a job interview at BNY
✨Know Your Financial Crime Compliance Stuff
Make sure you brush up on the latest trends and regulations in financial crime compliance, especially within the EMEA region. Familiarise yourself with BNY's specific policies and procedures, as well as any recent news or changes in legislation that could impact the role.
✨Showcase Your Analytical Skills
Since this role involves a lot of data validation and risk assessment, be prepared to discuss your experience with data analytics. Bring examples of how you've used data to drive decisions or improve processes in previous roles, and be ready to explain your thought process.
✨Prepare for Scenario-Based Questions
Expect questions that ask how you would handle specific situations related to regulatory reporting or risk assessments. Think through potential scenarios beforehand and outline your approach, focusing on problem-solving and collaboration with teams.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions that show your interest in the role and the company. Inquire about the team dynamics, ongoing projects, or how BNY measures success in their Financial Crime Compliance programme. This shows you're engaged and serious about the opportunity.
