Senior Vice President, Compliance & Control
About The Position
BNY is seeking a Senior Vice President to join its Markets Compliance team, focused on supporting the US Broker Dealer. The role can be based in New York City. The position partners with business and platform leaders, Compliance, Finance, and Operations to advise on US broker-dealer laws, rules, and regulations. It works across business and platform Compliance teams to design, implement, and maintain compliance programs for new and existing offerings; conduct risk assessments and monitoring reviews; and help business units respond to regulatory developments. The role also supports the Chief Compliance Officer in managing a FINRA broker-dealer compliance program, including board and management reporting, remediation, and process enhancements. BNY describes a collaborative, innovative, and fast-paced environment focused on risk management and positive business outcomes. The company offers competitive compensation, benefits, and wellbeing programs, along with flexible global resources and paid leaves, including paid volunteer time. Compensation may include eligibility for an annual discretionary incentive award. Eligible employees may participate in a 401(k) plan and company-sponsored medical, dental, vision, and basic life insurance plans, with other benefits and paid time off dependent on the position offered.
Requirements
- Bachelor’s degree or professional certification preferred.
- 10+ years of relevant compliance and/or financial services experience preferred.
- Thorough knowledge of relevant financial industry rules and regulations, including SEC and FINRA requirements.
- Solid understanding of compliance and risk management best practices.
- Ability and eagerness to proactively manage risk and influence positive business outcomes in a fast-paced, innovative environment.
- Proven ability to influence stakeholders at all organizational levels and drive compliance initiatives in a collaborative, matrixed environment.
Nice To Haves
- Experience reviewing investment adviser and broker-dealer advertising and marketing materials.
Responsibilities
- Advise businesses and platforms on US broker-dealer laws, rules, and regulations as a strategic partner to business and platform leads, Compliance, Finance, and Operations.
- Work cross-functionally with business and platform Compliance teams to design, implement, and maintain compliance programs for new and existing business offerings.
- Conduct risk assessments and collaborate on internal monitoring reviews to identify compliance vulnerabilities and implement mitigating controls.
- Analyze existing and proposed legislation, regulatory announcements, and industry practices, and support business units in developing and implementing procedures or controls to meet requirements.
- Support the Chief Compliance Officer in managing compliance programs for a FINRA broker-dealer, including board and management reporting, remediation, and process enhancements.
Benefits
- Competitive compensation and wellbeing programs.
- Flexible global resources and tools.
- Generous paid leaves, including paid volunteer time.
- Eligibility for an annual discretionary incentive award may be available.
- Eligible employees may enroll in a 401(k) plan.
- Eligible employees may participate in company-sponsored medical, dental, vision, and basic life insurance plans.
- Other benefits, including vacation and sick time, may be available depending on the position.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
