Senior Vice President, Business Compliance Officer

About the role

This role is located in Pittsburgh, PA and Lake Mary, FL.

• Provide accurate and timely technical advice and guidance to business/business partner colleagues on regulatory compliance and operational issues.
• Maintain strong working relationships with senior business unit managers to ensure timely delivery of information and increase the likelihood of favorable conditions for compliance activities.
• Analyze existing rules, regulations, consultative papers, and other regulatory announcements and industry practices to ensure the Corporate Trust business is in compliance with current requirements.
• Evaluate control processes to ensure they are designed to mitigate risks arising from applicable laws, rules, and regulations and are operating effectively; work with the business to design, implement, and document improvements to those controls, where necessary.
• Provide input to the strategic direction of the Business Compliance Officer (BCO) responsibilities.
• Undertake Compliance Risk Assessments for Corporate Trust and collaborate with the business to remediate residual risks and control weaknesses.
• Support the business and provide challenge on all other assessments that impact the business.
• Provide constructive challenge within meetings regarding relevant regulatory requirements.
• Contribute to the development of projects and programs to improve compliance and enhance the control environment.
• Participate in or lead the development and delivery of Compliance-related training.
• Provide support to the Business and Compliance Testing and Audit teams at the appropriate stages of Compliance Testing and Audit reviews, including sharing information about business lines or regulatory themes and assisting in designing and implementing corrective actions.
• Contribute to the preparation of time-sensitive reporting and appropriately escalate issues to more experienced professionals.
• Contribute to the establishment of key risk indicators (KRIs) and tracking and reporting methodologies as part of a standard system of measurement and reporting.
• Contribute to the achievement of team objectives.
• Other duties as required.

Requirements

• Bachelor’s degree or the equivalent combination of education and experience is required. Business, Law, or Finance degree preferred. Paralegal, MBA, or Law degree a plus.
• Industry compliance qualifications or professional qualifications.
• 10-12 years of total work experience preferred. Compliance, Financial Services, Audit, Legal, or Operations background and/or experience with Corporate Trust products, services, or business lines/areas and the pertaining laws, regulations, and rules of relevant regulators required.
• Solid understanding of financial services products and operations.
• Relevant technical knowledge of the US regulatory framework.
• Focused attitude to work with the ability to meet deadlines while ensuring attention to detail and high level of accuracy.
• Excellent interpersonal and communication skills with senior business management.
• Ability to provide strategic leadership within the immediate team and wider Compliance group.
• Ability to provide effective and constructive challenge.
• Strong analytical skills, detail-focused; ability to identify patterns or connections between situations that are not obviously related and to determine key underlying issues in complex situations.
• Ability to think pragmatically and proactively suggest solutions.
• Team player and flexibility in a fast-paced environment.
• Articulate and able to represent Compliance to senior business personnel and external stakeholders with confidence.
• Excellent writing and presentation skills.
• Intermediate to Advanced Computer Skills and Aptitude (MS Products, SharePoint, Teams).

About Us

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investable assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance.

Benefits

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.

• Eligibility for an annual discretionary incentive award.
• 401(k) plan participation.
• Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and eligible dependents.
• Various paid time off benefits, such as vacation and sick time, depending on the position offered.

Pay

BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package.