BNY Mellon is hiring an Specialist, Regulatory Oversight Management (Vice President) to join the Markets Regulatory Operations Team.
The Team supports BNY Mellon’s Foreign Exchange (FX), Rates, Securities Finance, Collateral Management & Segregation, Liquidity, and Fixed Income & Equities businesses.
The role will assist in coordinating strategic implementation efforts related to compliance with various provisions of the European Market Infrastructure Regulation (EMIR) and other global financial reform.
Resides in the business and supports management in the day-to-day efforts related to first line of defense regulatory oversight management with laws, rules, regulations and related policies.
Performs research and analyzes relevant information and transactions that warrant further investigation. Communicates with internal and external parties as needed and makes recommendations on necessary procedural / control changes on more complex regulatory oversight management matters.
Additionally, is responsible for understanding trends in the industry and making policy recommendations. This position requires knowledge of the Financial Services Industry regulations, compliance, operations or auditing.
Requires strong oral and written communication skills, problem solving and project management abilities, and the ability to implement regulatory oversight management policies and procedures.
Verify practices against policies, with general oversight. Prepare management reports and alert management to any urgent matters or findings.
Counsel business personnel on first line of defense compliance with policies. Provide advice to entry-level employees. No direct reports : provides guidance to less experienced team members.
Contributes to the achievement of team objectives. Supports moderately complex projects and provides insight on interpretation of regulations.
Bachelors degree or the equivalent combination of education and experience is required. Advanced / graduate degree preferred.
Relevant experience within a regulatory oversight or compliance role within the Investment Services / Investment Management industry.