At a Glance
- Tasks: Oversee compliance with client asset regulations and enhance operational effectiveness.
- 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: Bachelor’s degree and experience in client asset oversight required.
The predicted salary is between 80000 - 100000 £ 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 Vice President, Operations Regulatory Oversight Management (CASS) to join our Wealth Services Platform team. This role can be located in Manchester.
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 number of 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.
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.
Vice President, OPS Regulatory Oversight Management (CASS) 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 access to competitive compensation, comprehensive benefits, and ample opportunities for professional growth, all while working with cutting-edge technology to drive transformative solutions. Join us at BNY, where your contributions will not only shape your career but also uplift communities worldwide.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, OPS Regulatory Oversight Management (CASS)
✨Tip Number 1
Network like a pro! Reach out to current or former employees at BNY through 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. Show us that you’re not just interested in the role but also in how you can contribute to their mission of redefining finance.
✨Tip Number 3
Practice your answers to common interview questions, especially those related to regulatory oversight and compliance. We want to see your expertise shine through, so be ready to share specific examples from your experience.
✨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 Vice President, OPS Regulatory Oversight Management (CASS)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Vice President role. Highlight your experience with client asset rules and operational oversight, as these are key for us at BNY. Use specific examples that showcase your achievements in similar roles.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about regulatory oversight and how your background aligns with our mission at BNY. Keep it engaging and personal – we want to see your personality!
Showcase Your Leadership Skills:As a VP, leadership is crucial. In your application, emphasise your experience managing teams and driving operational effectiveness. Share stories that demonstrate your ability to lead and inspire others in a regulatory environment.
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 the role. Plus, you’ll find all the details you need about the position there!
How to prepare for a job interview at BNY
✨Know Your Regulations Inside Out
Make sure you have a solid grasp of the Financial Conduct Authority’s Client Asset Rules (CASS) and other relevant regulations. Brush up on your knowledge of compliance requirements and be ready to discuss how you've managed breaches or regulatory submissions in the past.
✨Showcase Your Leadership Skills
As a Vice President, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've successfully managed teams, particularly in client asset oversight. Highlight any initiatives you've led that improved operational effectiveness or compliance.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think about potential challenges in client asset management and how you would address them. This is your chance to show your strategic thinking and risk mitigation skills.
✨Align with BNY's Culture
Familiarise yourself with BNY's culture and values. Be prepared to discuss how your personal values align with theirs, especially regarding innovation and collaboration. Show enthusiasm for being part of a team that drives transformative solutions in the financial sector.
