What are the responsibilities and job description for the Consumer Compliance Officer (VP) position at BNY External Career Site?
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000 employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Consumer Compliance Officer to join our Wealth Management Compliance team. This role is located in Pittsburgh, Pennsylvania (Hybrid).
In this role, you’ll make an impact in the following ways:
- Providing compliance advice to the various consumer banking business lines in connection with loans and deposits to high-net-worth individuals (and their trusts, partnerships, holding companies and other related entities) and ensuring that all products fully comply with the applicable regulatory requirements
- Providing subject matter expertise in specific banking regulations, including, but not limited to: Home Mortgage Disclosure Act, Truth-in-Lending Act, Flood Disaster Protection Act, Equal Credit Opportunity Act, Regulations E, CC, and DD, Real Estate Settlement Procedures Act, Fair Housing Act and UDAAP.
- Contributing to the compliance efforts focusing on consumer banking and working with multiple assigned business units.
- Reviewing proposed legislation, regulatory announcements, and industry practices to help the assigned businesses develop and implement procedures to meet existing and upcoming requirements.
- Assisting on various aspects of the Compliance program including the compliance risk assessment, compliance risk measurement, and performing testing to ensure businesses are complying with regulations.
To be successful in this role, we’re seeking the following:
- Preferred candidate should have a minimum of 5 years of legal experience in the financial services industry (JD) or other equivalent work experience with knowledge of key consumer banking regulations and the regulatory systems applicable to national banks.
- Experience in consumer and mass affluent banking, with a focus on residential mortgages, deposit products and loans secured by marketable securities.
- Strong written and verbal communication skills.
- High energy and able to operate independently in a fast-paced environment with the organization skills to meet deadlines.
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
- Bloomberg’s Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
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.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans
