What are the responsibilities and job description for the Vice President, OPS Regulatory Oversight Management II position at BNY?
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 Asset Servicing Regulatory Oversight Specialist, Vice President to join our Asset Servicing Regulatory team. This role is located in Lake Mary - HYBRID.
In this role, you’ll make an impact in the following ways:
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.
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 Asset Servicing Regulatory Oversight Specialist, Vice President to join our Asset Servicing Regulatory team. This role is located in Lake Mary - HYBRID.
In this role, you’ll make an impact in the following ways:
- Analyze existing legislation, regulatory announcements, and industry practices for first line of defense compliance requirements.
- Support the business to develop adequate processes to meet compliance requirements. Implement plans to ensure compliance with laws, rules and regulations and manage risk.
- Review the articulation of controls and how they mitigate regulatory risks and contribute to the development of actions plans to address control weakness / enhancements
- Supports complex change projects and provides insight on implementation of regulation and process improvements
- Own the framework for regulatory control including evidencing compliance, supporting the senior manager and certified staff in meeting their obligations and working to continuously enhance the control environment
- Represent the business in legal entity control forums
- Assists business unit managers in response to reports issued by regulatory agencies or audit
- Partner and influence senior management, both within ASD and other LOBs to ensure ongoing compliance, as well as legal, risk and compliance at all levels on any regulatory matter with presence and credibility
- Investigate breaches to identify root cause and actions needed to reduce the risk of recurrence
- Provides technical advice/guidance to less experienced team members. Contributes to the achievement of team objectives. Provide guidance and training to entry-level employees.
- Bachelor's degree in a related discipline or equivalent combination of education and experience required.
- 10-12 years of experience in financial services is required
- Experience handling / managing complex documentation and business workflow
- Process oriented “change agent” mindset
- Ability to review, challenge and improve control processes, identifying data driven solution and opportunities for automation
- Ability to think and execute quickly in a fast-moving environment with proper risk lens and balance
- Ability to lead, work with and influence across the organization including senior management
- Ability to work under time constraints
- Excellent communication skills both written and oral.
- Demonstrated problem solving and analytical ability applied to regulatory matters
- Experience of either regulatory analysis or legal analysis in the financial services space would be considered a plus.
- Strong interpersonal skills, influencing skills, control focus.
- Must have ability to deal effectively with senior managers.
- 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
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.
