Vice President, Compliance & Control (Testing, Markets / Swap Dealer)

at  BNY Mellon

Overview
Vice President, Compliance & Control (Testing, Markets / Swap Dealer)
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, Compliance & Control (Markets / Swap Dealer) join our Risk & Compliance Assurance and Testing, Enterprise-Wide Risk Management – Americas Compliance Testing Team. This role is located in Pittsburgh, PA and Lake Mary, FL – HYBRID

EMPLOYER DESCRIPTION:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world’s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It’s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

IN THIS ROLE, YOU’LL MAKE AN IMPACT IN THE FOLLOWING WAYS:

Independently contributes to the compliance efforts by Leading and Performing the execution of Markets/Swap Dealer/Securities Based Swap Dealer (SBSD) Compliance Testing thematic reviews efficiently, effectively and timely related to BNY businesses and operational processes to ensure adherence to applicable laws, rules, and regulations as well as corporate and business policies and procedures in accordance with the Global Compliance Testing Manual methodology for the Americas Annual Compliance Testing plan
As assigned, act as a delegate for the Compliance Testing Manager/Team Leader in ad-hoc Markets/Swap Dealer/SBSD assignments and reviews; preparation of meeting materials and presentations; and reviewing of Compliance Testing files
Assisting Compliance Testing Manager/Team Leader with planning of the Annual Compliance Testing Program as required
Understanding key Markets, Swap Dealer, SBSD regulations in scope to design applicable tests to be performed to assess adherence of the business to business, corporate and regulatory requirements
Coordinating, conducting and documenting high quality planning/fieldwork meetings walkthroughs and testing in accordance with Compliance Testing guidelines
Communicating effectively, in both verbal and written mediums, observations and findings identified and facilitating the development and agreement of corrective action plans to the business, tracking actions proactively to conclusion
Perform validation of business remediated findings by ensuring agreed upon action plans in the Compliance Testing Report are completed in full and properly supported
Ensuring that all assigned compliance testing reviews are completed in accordance with the Americas annual testing program on time and to a high standard in line with the Global Compliance Testing Manual methodology.
Represent Compliance Testing at internal/external meetings and Committees where required
Training and supporting other team members on the application of the Global Compliance Testing Manual methodology and systems e.g., BNY’s Compliance Testing system
Providing input to team, department and ad-hoc projects and assignments as required
Complying with all BNY corporate policies and procedures and mandatory training requirements

TO BE SUCCESSFUL IN THIS ROLE, WE’RE SEEKING THE FOLLOWING:

Secondary/University Graduate degree in business, compliance, finance, accounting, or related discipline or equivalent combination of education and experience including relevant industry qualifications
Minimum of 7-10 years financial industry experience with minimum 5 years of Markets/Swap Dealer/SBSD business and/or Compliance & Risk, compliance testing, control testing and/or internal audit experience with a solid understanding of the key steps of testing review/audit processes at a large bank, financial institution, public accounting firm or regulatory body
Solid knowledge, understanding and awareness CTFC, NFA, SEC, etc., laws, rules and regulations
Ability to work independently under tight deadlines and competing priorities and being proactive in terms of planning and execution of reviews, raising and escalating challenges or concerns to team leaders and managers in a timely manner
Ability to work with stakeholders across the Three Lines of Defense.
Superior interpersonal and communication skills.
Ability to understand and apply outcome-focused regulation and have a sound risk awareness whilst maintaining an awareness of commercial pressures on the firm
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