Director, Bank & Prudential Regulatory Compliance

BNY Mellon•New York, NY

About The Position

In this role, you’ll make an impact in the following ways: Lead implementation and recommend enhancements to BNY’s Compliance frameworks, programs, and policies related to key safety and soundness regulations including, but not limited to FRB regulations K, O, R, W, Y and the Volcker Rule; Support with the development of the regulatory process to identify, implement and assess ongoing compliance for global market and credit risk related regulation. Leading the team's completion of comprehensive, risk-based reviews of existing and emerging regulatory requirements and provision of prompt, focused feedback to business management on control gaps; Provide thought leadership to identify and lead opportunities to support business change and enhance existing processes to support both compliance and operational benefits Supporting with the identification and management of issues, developing and overseeing remediation plans to ensure resolution efforts proceed timely and effectively; Advising, guiding and providing credible challenge to business lines and corporate functions in cooperation with Business Compliance Officers; Providing expert opinion on the impact of applicable regulations to the design and implementation of key corporate initiatives, products, and services; Participating in the development and execution of the BNY’s Compliance risk assessment and Compliance testing routines; Drive the performance of regular compliance testing across the above referenced regulations Producing, reviewing and presenting regular and ad hoc / time sensitive reports to stakeholders and senior management; Leading the design and development of tools for senior business managers' and leaders' use in explaining the compliance strategy and expectations among their teams.

Requirements

Bachelor‘s degree or the equivalent combination of education and experience is required.
[10+] years of total work experience.
Financial Services, Legal and Regulatory, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred.
Familiarity and experience with at least those regulations relating to Bank Holding Company safety and soundness regulations at a regulated financial institution, law firm, or consulting firm
Experience building and maintaining strong working relations with key stakeholders and senior management
Experience building and leading successful teams
Excellent drafting skills and attention to detail
Executive presence; experience speaking to/training large and senior audiences.

Nice To Haves

Law degree, MBA, or additional professional certification preferred.

Responsibilities

Lead implementation and recommend enhancements to BNY’s Compliance frameworks, programs, and policies related to key safety and soundness regulations including, but not limited to FRB regulations K, O, R, W, Y and the Volcker Rule
Support with the development of the regulatory process to identify, implement and assess ongoing compliance for global market and credit risk related regulation.
Lead the team's completion of comprehensive, risk-based reviews of existing and emerging regulatory requirements and provision of prompt, focused feedback to business management on control gaps
Provide thought leadership to identify and lead opportunities to support business change and enhance existing processes to support both compliance and operational benefits
Support with the identification and management of issues, developing and overseeing remediation plans to ensure resolution efforts proceed timely and effectively
Advise, guide and provide credible challenge to business lines and corporate functions in cooperation with Business Compliance Officers
Provide expert opinion on the impact of applicable regulations to the design and implementation of key corporate initiatives, products, and services
Participate in the development and execution of the BNY’s Compliance risk assessment and Compliance testing routines
Drive the performance of regular compliance testing across the above referenced regulations
Produce, review and present regular and ad hoc / time sensitive reports to stakeholders and senior management
Lead the design and development of tools for senior business managers' and leaders' use in explaining the compliance strategy and expectations among their teams.