Senior Vice President, Markets Compliance Advisory

The Bank of New York Mellon • New York, NY

70d • $102,000 - $171,500

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 of Senior Vice President, Markets Compliance Advisory to join our Risk & Compliance team. This role is located in New York City.

Requirements

• 10-12 years total work experience preferred.
• Financial Services, Audit or Compliance background and experience with equities, fixed income and derivative products.
• Familiarity with SEC and FINRA rules and regulations.
• Bachelor's degree or the equivalent combination of education and experience is required. Business or Finance degree preferred.

Responsibilities

• Responsible for supporting the ongoing development, implementation and refinement of a comprehensive compliance program for various aspects of our Markets business, with a focus on Fixed Income/Equities products.
• Provide daily compliance support to sales and trading personnel on real-time issues, business expansion deliverables, and regulatory guidance and rules.
• Evaluate new products and activities to ensure compliance issues are identified and remediated.
• Assess the inherent risk of business units as well as the effectiveness of mitigating controls in order to minimize the residual risk of reputational damage, regulatory consequences and other operational risk.
• Provide advice on relevant regulations and internal policies and procedures to internal stakeholders including trading and sales personnel and key support functions.
• Communicate new regulatory requirements simply and efficiently to affected business and other functions/stakeholders to ensure compliance.
• Responsible for assisting the business units by developing strategies to bring them into compliance with complex regulatory and policy requirements.
• Contribute to the development of recommendations for corrective action and issue tracking to ensure resolution efforts proceed timely and effectively.
• Develop and administer compliance training on applicable rules and regulations to business unit personnel.
• Maintains strong working relationships with outside regulators (SEC and FINRA).
• Coordinate compliance regulatory examinations, including inquiries and audits, and participate in the coordination of response to these examinations.

Benefits

• Highly competitive compensation.
• Benefits and wellbeing programs rooted in a strong culture of excellence.
• Access to flexible global resources and tools for your life's journey.
• Focus on health, personal resilience, and financial goals.
• Generous paid leaves, including paid volunteer time.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees