Director, Bank & Prudential Regulatory Compliance

Responsibilities

Lead implementation and recommend enhancements to BNY’s Compliance frameworks, programs, and policies related to key safety and soundness regulations including, but not limited to FRB regulations K, O, R, W, Y and the Volcker Rule;

Support with the development of the regulatory process to identify, implement and assess ongoing compliance for global market and credit risk related regulation.

Leading the team's completion of comprehensive, risk-based reviews of existing and emerging regulatory requirements and provision of prompt, focused feedback to business management on control gaps;

Provide thought leadership to identify and lead opportunities to support business change and enhance existing processes to support both compliance and operational benefits;

Supporting with the identification and management of issues, developing and overseeing remediation plans to ensure resolution efforts proceed timely and effectively;

Advising, guiding and providing credible challenge to business lines and corporate functions in cooperation with Business Compliance Officers;

Providing expert opinion on the impact of applicable regulations to the design and implementation of key corporate initiatives, products, and services;

Participating in the development and execution of the BNY’s Compliance risk assessment and Compliance testing routines;

Drive the performance of regular compliance testing across the above referenced regulations;

Producing, reviewing and presenting regular and ad hoc / time sensitive reports to stakeholders and senior management;

Leading the design and development of tools for senior business managers' and leaders' use in explaining the compliance strategy and expectations among their teams.

Requirements

• Bachelor’s degree or the equivalent combination of education and experience is required. Law degree, MBA, or additional professional certification preferred.
• [10+] years of total work experience.
• Financial Services, Legal and Regulatory, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred.
• Familiarity and experience with at least those regulations relating to Bank Holding Company safety and soundness regulations at a regulated financial institution, law firm, or consulting firm.
• Experience building and maintaining strong working relations with key stakeholders and senior management.
• Experience building and leading successful teams.
• Excellent drafting skills and attention to detail.
• Executive presence; experience speaking to/training large and senior audiences.

Qualifications

• Bachelor’s degree or the equivalent combination of education and experience is required. Law degree, MBA, or additional professional certification preferred.
• [10+] years of total work experience.
• Financial Services, Legal and Regulatory, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred.
• Familiarity and experience with at least those regulations relating to Bank Holding Company safety and soundness regulations at a regulated financial institution, law firm, or consulting firm.
• Experience building and maintaining strong working relations with key stakeholders and senior management.
• Experience building and leading successful teams.
• Excellent drafting skills and attention to detail.
• Executive presence; experience speaking to/training large and senior audiences.

Skills

• Strong understanding of regulatory requirements and compliance frameworks.
• Effective communication and stakeholder engagement skills.
• Leadership and team management abilities.
• Expertise in drafting and legal analysis.
• Ability to provide strategic guidance and support.

Benefits

• Competitive compensation package, including base salary between $130,000 and $211,500 per year, with potential for additional incentives.
• At-will employment with the option for modification of base salary based on individual performance, company or department/team performance, and market factors.
• Access to a wide range of financial services and products.
• Opportunities for professional growth and development through training and learning resources.
• Workplace culture that values diversity, inclusion, and innovation.

Pay

• Base salary between $130,000 and $211,500 per year.

Schedule

• This position is full-time.

Company Information

BNY Mellon is a global leader in financial services, dedicated to helping clients manage and service their financial assets around the world. With $39.7 trillion in assets under custody and administration and $1.6 trillion in assets under management, we pride ourselves on being a trusted source for every organization we serve, providing the best in custody, fund services and asset management. Our premier clients include central banks, major banks, asset managers, pension funds, insurance companies, corporations, governments and the world’s largest financial institutions. BNY Mellon stands for quality, reliability, trust, and integrity. We’re a global leader in financial services, working with individual, institutional and corporate clients around the world through a diverse, inclusive workforce. Our philosophy of “Doing What is Right” inspires our associates to meet the challenges of tomorrow by delivering on our promises today. For over 230 years, BNY Mellon has been a trusted name in the financial services industry. Find out more at bnymellon.com.

Contact Information

For more information about this opportunity, please visit hackajob.com/careers.