Business Compliance Officer

Overview of BNY Mellon:BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 35 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations, and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.Team Description:Risk and Compliance provide risk and compliance services across all BNY Mellon businesses including the following groups: Risk Management, Compliance, Global Corporate Security, Information Risk Management and Global Business Continuity. Risk Management oversees and delivers risk services and ensures new business risks are reviewed and approved. Compliance helps ensure BNY Mellon's businesses maintain appropriate processes to comply with applicable laws, regulations, BNY Mellon policies and ethics.Job Purpose:This Business Compliance Officer (BCO) role is to support the BNY Mellon Corporate Trust line of business in the Americas by ensuring their compliance with regulatory requirements and corporate compliance policies. They will play a key role in the day-to-day activities of the Business Compliance team in relation to regulatory transformational projects, Business Acceptance, and strategic programs.Responsibilities:Provide accurate and timely technical advice and guidance to business/business partner colleagues on regulatory compliance and operational issues.Maintain strong working relationships with senior business unit managers to ensure the timely delivery of information and increase the likelihood of favorable conditions for compliance activities.Analyze existing rules, regulations, consultative papers, and other regulatory announcements to ensure the Corporate Trust business is in compliance with current requirements.Evaluate control processes to ensure they are designed to mitigate risks arising from applicable laws, rules, and regulations and are operating effectively.Provide input to the strategic direction of the BCO responsibilities.Undertake Compliance Risk Assessments for Corporate Trust and collaborate with the business to remediate residual risks and control weaknesses.Support the business and provide challenge on all other assessments that impact the business.Provide constructive challenge within meetings regarding relevant regulatory requirements.Contribute to the development of projects and programs to improve compliance and enhance the control environment.Participate in or lead the development and delivery of Compliance-related training.Provide support to the Business and Compliance Testing and Audit teams during Compliance Testing and Audit reviews.Contribute to the preparation of time-sensitive reporting and appropriately escalate issues to more experienced professionals.Contribute to the establishment of key risk indicators (KRIs) and tracking and reporting methodologies as part of a standard system of measurement and reporting.Contribute to the achievement of team objectives.Other duties as required.Requirements:Qualifications:Bachelor’s degree or the equivalent combination of education and experience is required. Business, Law or Finance degree preferred. Paralegal, MBA or Law degree a plus.Industry compliance qualifications/Professional qualifications preferred.Technical Competence & Experience:Prior experience of 10-12 years of total work experience preferred, with a background in Compliance, Financial Services, Audit, Legal or Operations.Key Competencies and Skills:Focused attitude to work with the ability to meet deadlines while ensuring attention to detail and high level of accuracy.Excellent interpersonal and communication skills with senior business management.An ability to provide strategic leadership within the immediate team and wider Compliance group.Strong analytical skills and the ability to identify patterns or connections in complex situations.Ability to think pragmatically and proactively suggest solutions.Team player with flexibility in a fast-paced environment.Articulate and able to represent Compliance to senior business personnel and external stakeholders with confidence.Excellent writing and presentation skills.Intermediate to Advanced Computer Skills and Aptitude (MS Products, SharePoint, Teams).BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients, and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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