What are the responsibilities and job description for the Banking-as-a-Service Financial Crimes Compliance Officer position at BNY Mellon?
CDATA[
Banking-as-a-Service Financial Crimes Compliance Officer
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 Vice President, Financial Crimes Compliance Officer – Treasury Services / Banking-as-a-Service and Cards to join our Treasury Services – Financial Crimes Compliance team. This role is located in New York, NY - HYBRID.
In this role, you’ll make an impact in the following ways :
- Contribute to the TS Compliance Team’s efforts focusing on fintech banking and AML compliance.
- Collaborate with multiple assigned business teams across Product, Legal, Risk, and Technology to ensure fintech customer related and card related products, services and customers are best-of-breed in financial crime compliance risk and control.
- Responsible for supporting the business development, product development, and sales teams in their BaaS opportunities and client prospects.
The candidate should have an aptitude for assessing regulatory consent orders, enforcement actions, notices of proposed rulemaking, and for identifying areas for improvement in BNY’s and prospective clients financial crime compliance framework.
Truth-in-Lending Act, Equal Credit Opportunity Act, UDAAP, Regulations E, CC, DD, and Z, the Consumer Financial Protection Bureau (CFPB) Prepaid Rule, Electronic Fund Transfer Act, Gramm-Leach Bliley Act and other consumer privacy protections, Remittance Transfer Rule, Federal Payments Rule, Federal garnishment rules, Regulation II, and consumer protection provisions and rules in card and payment networks.
To be successful in this role, we’re seeking the following :
At BNY, our culture speaks for itself. Here’s a few of our awards :
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.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $81,000 and $225,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department / team performance, and market factors.
Salary : $81,000 - $225,000
