Sr. Director, Compliance & Financial Crimes Audit at BNY

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Mar, 26

Salary

0.0

Posted On

06 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Assessment, Internal Controls, FCC and Regulatory Compliance, Surveillance Methodologies, Regulatory Engagement, Stakeholder Management, Critical Thinking, Problem Solving, Data-Driven Auditing, Continuous Auditing, Model Risk, Control Design, BSA/AML Independent Testing, Market Abuse Surveillance, E-Communication Surveillance, Voice Surveillance

Industry

Financial Services

Description

As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Join us and be part of something extraordinary. We're seeking a future team member for the role of Senior Director, Financial Crimes and Compliance Audit to join our Global Financial Crimes & Compliance (GFC&C) Audit team. Develop and maintain relationships with executive management, peer groups, external auditors, and regulators; represent the audit function credibly and constructively in senior forums. Ensure the quality and consistency of the group's work and drive divisional initiatives, goals, and continuous improvement. Apply diverse experience across businesses, specialties, and geographies to bring objective judgment and a multi-faceted view of risk and control. Lead FCC coverage including BSA/AML Independent Testing and associated regulatory compliance domains; ensure high-quality execution, clear issue origination, robust validation, and timely closure. Oversee testing strategies and continuous monitoring across AML, Sanctions, Fraud, Anti-Bribery/Corruption, and related compliance programs; challenge remediation plans and verify sustainable closure. Contribute to the annual compliance plan, resource prioritization, and transformation roadmap across FCC and Surveillance programs. Enhance reporting to compliance leadership and governance committees with KRIs/KCIs, thematic insights, root-cause analyses, and trend reporting across FCC and Surveillance. Establish operating rhythms with Senior Management to stay aligned on current operations, emerging risks, and future direction; use outputs to develop risk-based audit recommendations. Build and maintain key client relationships; serve as a trusted advisor while preserving audit independence. Investigate unexpected situations; provide comprehensive analysis, root cause insights, and pragmatic resolution paths. Directly impacts the achievement of overall functional objectives; accountable for audit goals and objectives across a large region or key businesses, potentially global in scope. Audit findings may have significant financial, operational, regulatory, or reputational impact on assigned geographies or businesses. Responsibilities may be adapted based on local regulations, supervisory expectations, and organizational needs. Own end-to-end leadership of FCC and Regulatory Compliance audit coverage, including audit execution, issue validation, and regulatory issue validation as required. Be responsible for the quality of ongoing risk assessment; evaluated on decision-making quality, business/specialty knowledge, and sound judgment. Act as an agent to the Global Head of Financial Crimes and Compliance Audit, leading the management team in planning and mapping corporate-wide audit planning and strategy. Translate strategic direction into a robust Audit Universe, Risk Assessment, and Audit Plan that prioritizes high-value, high-risk areas across FCC, Regulatory Compliance, and broader audit portfolios. Manage assigned and limited resources to complete the Audit Plan with appropriate coverage of key risks; optimize delivery by leveraging technology, data, and cross-team capabilities. Maintain audit independence while providing constructive advisory input to enhance control effectiveness and operational efficiency. Lead global Surveillance Program initiatives covering Market Abuse/Trade Surveillance (e.g., insider dealing, market manipulation), E-Communication surveillance (email, chat/collaboration platforms), and Voice surveillance (recorded lines/telephony), including policy, standards, control design, and operating effectiveness. Drive end-to-end surveillance program enhancements: coverage and risk assessments, scenario design and tuning, lexicon/model calibration, threshold governance, QA frameworks, metric/KRI design, alert quality improvements, and sustainable remediation. Oversee second line testing, continuous monitoring, and issue validation for surveillance controls; identify meaningful issues impacting business processes and challenge remediation plans to verify closure. Partner with technology and model owners on surveillance platform governance (use-cases, data lineage/quality, thresholds, model risk considerations, periodic calibration, back-testing, and documentation). Strengthen conduct risk controls and market integrity by aligning surveillance programs to regulatory expectations (e.g., MiFID II conduct and recordkeeping, SEC/FINRA rules, broker-dealer and swap dealer obligations). Drive knowledge sharing and intellectual capital development across specialized technical areas within the audit function. Participate in cross-governance relationships and activities to align methodologies, enhance controls, and reduce duplication across audit, risk, and compliance. Maintain constructive relationships with governance partners, regulators, and external auditors to strengthen risk coverage and control effectiveness. Cascade training and guidance across regions and teams; maintain up-to-date knowledge of industry best practices and evolving supervisory expectations. Manage teams of senior auditors, including financial and human resource management. Provide clear work guidance, performance feedback, and career development advice; motivate employees to achieve functional objectives and uphold high standards. Assess and develop resources with a focus on diversity, equity, inclusion, succession planning, training and development, and timely feedback. Manage a high-performing team of GFC&C and Surveillance SMEs; elevate consistency and quality and foster cross-border knowledge transfer. Contribute significantly to the function's strategic direction; provide key insights and recommendations to the Chief Auditor and leadership team. Bachelor's degree or equivalent combination of education and work experience required. Degree in accounting, finance, engineering, computer science, data/analytics, law, or relevant specialty preferred. Advanced credentials preferred: CRCM, CIA, FRM, CAMS, or related certifications. 15+ years of total work experience with 5-7+ years of people leadership/management experience; prior mid- to senior-level audit leadership experience strongly preferred. Core skills: risk assessment, internal controls, FCC and Regulatory Compliance, surveillance methodologies, regulatory engagement, stakeholder management, critical thinking, problem solving, and the ability to interpret and challenge analytics and technology results. Preferred: experience in complex financial services environments; market abuse and communications surveillance; data-driven auditing; continuous auditing/monitoring; QA frameworks; model risk and control design in surveillance platforms; BSA/AML independent testing.

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Responsibilities

The Senior Director will lead the Financial Crimes and Compliance Audit team, ensuring high-quality execution of audit coverage and driving divisional initiatives. They will also develop relationships with executive management and oversee testing strategies across various compliance programs.