At a Glance
- Tasks: Manage regulatory reporting and support financial crime risk assessments in a dynamic team.
- Company: Join BNY, a leading global financial services company driving innovation.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Exciting career growth opportunities in a collaborative environment.
- Why this job: Be part of a transformative team that shapes the future of finance.
- Qualifications: Experience in financial compliance and strong analytical skills required.
The predicted salary is between 50000 - 60000 £ 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. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
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.
Our Benefits and Rewards: 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 employer: BNY
At BNY, we pride ourselves on fostering a culture that champions employee growth and innovation, making us an exceptional employer in the financial services sector. Located in Manchester, our team enjoys a collaborative work environment enhanced by cutting-edge technology and a commitment to excellence, alongside competitive compensation and generous benefits that support both personal and professional development. Join us to be part of a transformative journey in finance, where your contributions truly matter.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Specialist, EMEA Financial Crime Compliance
✨Tip Number 1
Network like a pro! Reach out to current or former employees at BNY on LinkedIn. A friendly chat can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 2
Prepare for the interview by researching BNY’s recent projects and initiatives in financial crime compliance. Show us that you’re not just interested in the role, but also in how you can contribute to their mission.
✨Tip Number 3
Practice your answers to common interview questions, especially those related to regulatory reporting and risk assessment. We want to see your expertise shine through, so be ready to share specific examples from your past experiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the BNY team.
We think you need these skills to ace Senior Specialist, EMEA Financial Crime Compliance
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Associate role. Highlight your experience in financial crime compliance and any relevant skills that match the job description. We want to see how you can contribute to our EMEA FCC team!
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 your background aligns with our mission at BNY. Let us know what makes you the perfect fit for our team.
Showcase Relevant Experience:When filling out your application, be sure to showcase any specific projects or roles that relate to regulatory reporting and risk assessment. We love seeing concrete examples of how you've tackled similar challenges in the past.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our extraordinary team at BNY.
How to prepare for a job interview at BNY
✨Know Your Financial Crime Compliance
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 their operations.
✨Showcase Your Analytical Skills
Since the role involves data validation and risk assessments, 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 during these analyses.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios related to financial crime compliance. Think of specific situations where you identified risks or implemented controls, and be ready to walk the interviewers through your approach and the outcomes.
✨Demonstrate Team Collaboration
BNY values collaboration across global teams, so highlight your experience working with diverse groups. Share examples of how you've partnered with others to achieve common goals, particularly in regulatory reporting or risk assessment contexts, to show that you're a team player who can thrive in their culture.
