Vice President, Compliance & Control I

Job Description

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 is all about.

We’re seeking a future team member for the role of Vice President, Compliance & Control to join our Risk & Compliance team. This role is located in Pittsburgh, PA or Lake Mary, FL – ONSITE/HYBRID

In this role, you’ll make an impact in the following ways:

• Under direct supervision, contributes to the overall governance and annual completion of the BNY New York State Department of Financial Services Part 504 Regulatory Program
• Performs the administration of an annual NYSDFS Part 504 Certification process, which ensures the business units are in compliance with standard regulatory and policy requirements
• Create and maintain a detailed NYSDFS Part 504 Project Plan that includes the associated tasks, responsible owners, dependencies, project timeline
• Provide weekly updates to the NYSDFS Part 504 Project Plan
• Analyzes results of documentation and activities and can make risk assessment to identify gaps and opportunities for improvement
• Performs drafting of documentation for policies, procedures and/or processes
• Performs projects and program tasks intended to enhance the firm’s compliance with regulatory programs to further the team’s agenda
• Manages and oversees the end-to-end project management activities such as project reporting, project planning, issue/risk identification and tracking, and other project documentation preparation for projects of high complexity.
• Builds working relationships with line of business/business partner and legal entity managers in order to facilitate the timely delivery of information and increase the likelihood of favorable conditions for compliance activities
• Work with a broad array of stakeholders across US and International Legal Entities to address governance matters and manage day-to-day activities related to managing the program
• Organizes and keeps meeting notes of recurring meetings, forums, councils and committees
• Prepares most non-complex reporting related to the program
• Performs training activities by educating US/International stakeholders on the compliance initiatives centered around Transaction Monitoring/Sanctions as it relates to the NYSDFS Part 504 Program
• Provides support to stakeholders to answer regulatory inquiries about compliance with the program
• Works on other compliance governance objectives for the team as required
• Works with Compliance Testing, Quality Assurance and Internal Audit teams and at times regulatory examiners to evidence compliance of the NYSDFS Part 504 certification program.
• Escalates issues to more experienced professionals. No direct reports
• Contributes to the achievement of team objectives
• Role can offer stretch opportunities into other areas of Financial Crimes Compliance
  
  

To be successful in this role, we’re seeking the following:

• Education: Bachelor’s degree or the equivalent combination of education and experience in business management or related field is required
• Preferred experience: Minimum of 3 -5 years industry experience out of which minimum 2 years of Financial Crimes Compliance/Sanctions and/or Transaction Monitoring experience.
• Excellent spoken and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.
• Advanced PowerPoint and Excel skills
• Good analytical skills capable of identifying, collating and distilling relevant information
• Focused attitude to work with the ability to constantly meet deadlines while ensuring attention to detail, and high level of accuracy.
• Superior interpersonal and communication, and negotiation skills.
• Ability to work effectively in a fast-paced environment, with the ability to prioritize and balance competing, time sensitive demands.
  
  

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.