- Analyse existing legislation, regulatory announcements, and industry practices for first line of defense compliance requirements.
- Support the business to develop adequate processes to meet compliance requirements. Implement plans to ensure compliance with laws, rules and regulations and manage risk.
- Review the articulation of controls and how they mitigate regulatory risks and contribute to the development of actions plans to address control weakness / enhancements
- Supports complex change projects and provides insight on implementation of regulation and process improvements
- Manage the Senior Management Regime framework (SMR) for UK Asset Servicing and drive the agenda/collate material for the associated governance meetings
- Own the framework for regulatory control including evidencing compliance, supporting the senior manager and certified staff in meeting their obligations and working to continuously enhance the control environment
- Represent the business in legal entity control forums
- Assists business unit managers in response to reports issued by regulatory agencies or audit
- Partner and influence senior management, both within ASD and other LOBs to ensure ongoing compliance, as well as legal, risk and compliance at all levels on any regulatory matter with presence and credibility
- Investigate breaches to identify root cause and actions needed to reduce the risk of recurrence
- No direct reports: provides technical advice/guidance to less experienced team members. Contributes to the achievement of team goals. Provide guidance and training to entry-level employees.
- Experience handling / managing complex documentation and business workflow
- Process oriented "change agent" mindset
- Ability to review, challenge and improve control processes, identifying data driven solution and opportunities for automation
- Ability to think and execute quickly in a fast-moving environment with proper risk lens and balance
- Ability to manage, work with and influence across the organization including senior management
- Ability to work under time constraints
- Excellent communication skills both written and oral.
- Demonstrated problem solving and analytical ability applied to regulatory matters
- Experience of either regulatory analysis or legal analysis in the financial services space would be considered a plus.
- Strong interpersonal skills, influencing skills, control focus.
- Must have ability to deal effectively with senior managers.
- Fortune World's Most Admired Companies & Top for Diversity and Inclusion,
- Bloomberg's Gender Equality Index (GEI),
- Human Rights Campaign Foundation, Corporate Equality Index,
- , Disability: IN – % score,
- Dow Jones Sustainability Indices, Top performing company for Sustainability,
- Forbes Blockchain ,
Asset Servicing Regulatory Oversight Specialist, Vice President - Manchester, United Kingdom - THE BANK OF NEW YORK MELLON CORPORATION
Description
Asset Servicing Regulatory Oversight Specialist, Vice President
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - % of the world's top banks work with us as we lead and serve our customers into the new era of digital.
With years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately , employees across countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what LifeAtBNYMellon is all about.
We're seeking a future team member for the role of Asset Servicing Regulatory Oversight Specialist, Vice President to join our Asset Servicing Regulatory team. This role is located in Manchester, UK - HYBRID.
In this role, you'll make an impact in the following ways:
To be successful in this role, we're seeking the following:
At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
Our Benefits:
BNY Mellon 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 that can support you and your family through moments that matter.