At a Glance
- Tasks: Lead compliance efforts in a dynamic financial environment, ensuring regulatory adherence and effective operations.
- Company: Join BNY, a global leader in financial services, impacting 20% of the world's investable assets.
- Benefits: Enjoy competitive pay, flexible resources, generous leave, and a focus on health and wellbeing.
- Other info: Work in a supportive environment recognised for inclusivity and sustainability.
- Why this job: Be part of an innovative culture that values diverse perspectives and drives positive change globally.
- Qualifications: Degree or industry qualifications with compliance experience in wholesale markets and regulatory knowledge.
The predicted salary is between 43200 - 72000 £ per year.
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.
We're seeking a future team member for the role of Compliance & Control, Markets EMEA - Vice President to join our Markets Compliance team primarily supporting our Financing and Liquidity teams. This role is based in Queen Victoria Street, London.
In this role, you'll make an impact in the following ways:
- To ensure that Markets meets the corporate requirements of the group as well as the strategic requirements of the Bank of New York within the specific remit for areas of responsibility.
- To ensure that the areas of responsibility of the role are running efficiently and effectively and in a controlled manner, including reflecting appropriate apportionment of responsibilities, segregation of duties and controls to prevent conflicts of interest.
- Responsible for working with business lines and business partner functions to review the impact of regulatory change and to participate in working groups as the Compliance Specialist for Markets.
- Working with other Compliance professionals across the broader EMEA Compliance team to ensure co-ordinated and complete delivery of services and effective communication of relevant information and observations.
- Engaging with the Markets business and compliance functions in the regional offices, US and APAC.
- Responsible for recording and preparing escalation data on Compliance issues impacting Markets in line with Group and local processes.
- Representing Markets Compliance function and providing appropriate challenge at relevant internal and external meetings where required.
- Contribute to the development of projects and programs to improve compliance and enhance the control environment.
To be successful in this role, we're seeking the following:
- Preferably degree education and/or industry qualifications.
- Compliance experience, covering wholesale markets compliance, specifically securities financing, liquidity and collateral.
- Experience working in a compliance function within a global organisation.
- Ability to deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences.
- Detailed knowledge of FCA, MiFID, MIFIR, EMIR and MAR rules and regulatory requirements.
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.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance & Control, Markets EMEA - Vice President
✨Tip Number 1
Familiarise yourself with the specific regulatory frameworks mentioned in the job description, such as FCA, MiFID, MIFIR, EMIR, and MAR. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to compliance in the financial sector.
✨Tip Number 2
Network with professionals already working in compliance roles within global organisations. Attend industry events or webinars focused on compliance and control in financial markets to gain insights and make connections that could benefit your application.
✨Tip Number 3
Prepare to discuss your experience with compliance in wholesale markets, particularly in securities financing and liquidity. Be ready to share specific examples of how you've navigated regulatory changes and contributed to compliance improvements in previous roles.
✨Tip Number 4
Showcase your communication skills by preparing to explain complex compliance issues in a way that is accessible to different audiences. This will be crucial in demonstrating your ability to engage effectively with various stakeholders in the role.
We think you need these skills to ace Compliance & Control, Markets EMEA - Vice President
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities and requirements of the Compliance & Control, Markets EMEA - Vice President position. Tailor your application to highlight relevant experience in compliance, particularly in wholesale markets.
Highlight Relevant Experience:In your CV and cover letter, emphasise your compliance experience, especially in securities financing, liquidity, and collateral. Use specific examples to demonstrate your knowledge of FCA, MiFID, MIFIR, EMIR, and MAR rules.
Craft a Compelling Cover Letter:Write a cover letter that not only outlines your qualifications but also reflects your understanding of BNY's culture and values. Mention how your skills align with their commitment to innovation and inclusivity.
Proofread Your Application:Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application demonstrates attention to detail, which is crucial in compliance roles.
How to prepare for a job interview at VERCIDA
✨Understand Regulatory Frameworks
Familiarise yourself with the key regulations such as FCA, MiFID, MIFIR, EMIR, and MAR. Be prepared to discuss how these regulations impact compliance in wholesale markets, particularly in securities financing and liquidity.
✨Showcase Your Compliance Experience
Highlight your previous experience in compliance roles, especially within global organisations. Be ready to provide examples of how you've successfully navigated compliance challenges and contributed to a controlled environment.
✨Communicate Effectively
Demonstrate your ability to deliver clear and concise communications tailored to different audiences. Prepare to discuss how you’ve engaged with various stakeholders, including business lines and compliance functions, to ensure effective collaboration.
✨Prepare for Scenario-Based Questions
Anticipate questions that may require you to think critically about compliance scenarios. Practice articulating your thought process on how to handle potential conflicts of interest or regulatory changes, showcasing your problem-solving skills.