What are the responsibilities and job description for the Vice President, Consumer Compliance Officer position at BNY External Career Site?
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” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 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 50,000 employees across 35 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 Consumer Compliance Officer to join our Wealth Management Compliance team. This role is located in Pittsburgh, Pennsylvania.
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 consumer banking regulations, including, but not limited to: Home Mortgage Disclosure Act, Truth-in-Lending Act, Flood Disaster Protection Act, Fair Lending, Equal Credit Opportunity Act, 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 existing and proposed legislation, regulatory announcements, and industry practices to help the assigned businesses develop and implement procedures to meet existing and upcoming requirements.
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 Mellon, our inclusive culture speaks for itself. Here’s a few of our awards:
- Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion
- Bloomberg’s Gender Equality Index (GEI)
- Human Rights Campaign Foundation, 100% score Corporate Equality Index
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score
- 100 Best Workplaces for Innovators, Fast Company
- CDP’s Climate Change ‘A List’
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.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
