Responsible for handling the firm'sinteractions with regulators as it relates to inquiries, examinations and BlueSheet requests. This includes:
Ø Working as a team to research and coordinate examrequests and preparing responses
Ø Leading efforts to manage the examinationprocess;
Ø Overseeing the regulatory inquiry process byassigning inquires to other team members, tracking progress of all inquiries,and reviewing and editing responses to ensure accuracy and completeness;
Ø Researching and responding to complex inquires;
Ø Presenting significant items to seniormanagement; and
Ø Monitoring the regulatory Blue Sheet submissionprocess for accuracy, completeness and timeliness.
Responsible for assisting thebusiness units by developing strategies to bring them into compliance withcomplex regulatory and policy requirements. Based on assessments of controls,advises business units on the implementation of improvements and the completionof appropriate documentation when control changes are made. Analyzes existingand proposed legislation, regulatory announcements and industry practices inorder to lead the assigned businesses in developing and implementing proceduresto meet existing and upcoming requirements. Contributes to the establishment ofkey risks indicators (KRIs) and tracking and reporting methodologies as part ofa standard system of measurement and reporting. Contributes to the developmentof projects and programs to improve compliance and enhance the controlenvironment. Analyzes control processes to ensure they are in compliance withall applicable laws, rules and regulations. Validates the appropriateness ofcontrol processes or contributes to the development of improvements. Guides theassigned business units in implementing improvements. Maintains strong workingrelationships with outside regulators, government officials and senior businessunit managers in order to ensure the timely delivery of information andincrease the likelihood of favorable conditions for compliance activities.Assesses the effectiveness of complex controls that help ensure ongoingcompliance with key laws, regulations and policies affecting BNY Mellonbusinesses. Prepares complex, comprehensive, risk based reviews of existing andemerging regulatory requirements and provides prompt, focused feedback tobusiness management on concerning issues and control gaps. May contribute tothe development of recommendations for corrective action and issue tracking toensure resolution efforts proceed timely and effectively. Contributes to thepreparation of complex, time sensitive reporting and appropriately escalatesissues to senior management. No direct reports; provides guidance to morejunior team members and assigns tasks. Contributes to the achievement of teamobjectives. Modified based upon local regulations/requirements.
Bachelorsdegree or the equivalent combination of education and experience is required.Business or Finance degree preferred. 10-12 years of total work experiencepreferred. Financial Services, Audit or Compliance background and/or experiencewith financial services compliance and/or experience with the assignedproducts, services or business lines/areas and the pertaining laws, regulationsand rules of relevant regulators preferred.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
Primary Location: United States-New Jersey-Jersey City Internal Jobcode: 85162 Job: Compliance Organization: Pershing Domestic-HR06431 Requisition Number: 1906678
Internal Number: 5848484
About BNY Mellon
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