Job DescriptionWe're seeking a future team member for the role of Senior Director to join our Wealth Services Compliance team, supporting BNY and its affiliates. This role is based in New York City.
In this role, you'll make an impact in the following ways:
- Serve as a senior compliance advisor to business leadership on regulatory requirements, supervisory expectations and compliance risk matters.
- Lead the implementation and oversight of the compliance framework for the Wealth Services business, primarily in relation to US Broker Dealer and Registered Investment Advisor activities.
- Lead advisory compliance coverage for BNY's Managed Account Solutions' business, which provides an integrated platform for multi-asset portfolios. Assist in navigating client-specific requirements such as tax management, portfolio customization, and reporting across a range of account structures. Support platform integration with regulated legal entities, including BNY Wealth and Investments businesses, as well as external clients.
- Provide compliance advisory support for corporate actions processing, and any issues involving account reconciliation, trading and reporting
- Analyze existing and proposed legislation, regulatory announcements, and industry practices, and support the business units to develop and implement procedures and/or controls to meet these requirements.
- Conduct risk assessments and collaborate on internal monitoring reviews to identify potential compliance vulnerabilities and implement mitigating controls.
To be successful in this role, we're seeking the following:
- Bachelor's degree or professional certification preferred. 15 years relevant compliance and/or financial services experience preferred.
- Expert knowledge of relevant financial industry rules and regulations (SEC & FINRA). Strong understanding of compliance and risk management best practices.
- Experience providing senior compliance support to wealth management and capital markets businesses.
- This is a high-visibility role for a candidate who is eager to proactively manage risk and influence positive business outcomes in a fast-paced, innovative environment.
- Proven ability to influence stakeholders at all levels of the organization and drive compliance initiatives in a collaborative, matrixed environment.
Our Benefits and Rewards:
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.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
