Director, Business Compliance Officer - Wealth Compliance
About The Position
At BNY, our culture allows us to run our company better and enables employees’ growth and success. 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. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role Director, Business Compliance Officer - Wealth Compliance to join our Risk & Compliance team. This role is located in New York City. In this role, you’ll make an impact in the following ways:
Requirements
- Minimum of 10 years of experience in wealth management or consumer banking advisory compliance roles
- Highly preferred 5 years’ or more experience in consumer compliance and/or experience with consumer banking compliance and the pertaining laws, regulations and rules of relevant regulators.
- Strong knowledge of OCC, consumer banking, FINRA and/or SEC regulations
- Bachelor’s degree required; advanced degree (JD, MBA) and/or relevant certifications preferred.
Responsibilities
- Independently contribute to the Wealth Compliance program, ensuring alignment with applicable OCC, Consumer banking, SEC, and FINRA regulations, as well as internal risk management and governance frameworks.
- Strong partnership capabilities with business and functional leaders to address regulatory, audit, and examination findings. The candidate must be comfortable hosting discussions and leading presentations with a senior management audience.
- Partner with business leaders to assess compliance implications of new products, activities and services, including advising on the development of relevant controls and ongoing monitoring frameworks.
- Demonstrated ability to design and implement monitoring, testing, and risk assessment programs across complex and evolving business models.
- Provide oversight of the compliance frameworks, including policies, procedures, monitoring, testing, issue management, and reporting.
- Participate in governance forums and serve as a subject matter expert on compliance matters across Wealth Management.
- Collaborate with technology, product, and operations teams to embed compliance-by-design principles across the full lifecycle of products and services.
- Independently contribute to regulatory engagement for Wealth Management, including preparing for meetings with regulators and responses to examinations or inquiries.
- Proven leadership and influencing skills, with the ability to engage effectively with senior executives, regulators, and cross-functional stakeholders.
- Excellent written and verbal communication skills, strong analytical capabilities, and a solution-oriented mindset.
- Prepare and deliver management reporting, dashboards, and risk assessments for executive leadership and the Board related to compliance matters.
Benefits
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Director
