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.
At BNY Mellon, compliance is everyone's responsibility. Accordingly, compliance and ethical standards are core components of all business functions, and are fundamental to the culture and values of the company. All decisions and actions on behalf of the company must adhere to the highest standards of integrity.
Team Description
The Compliance Program is based on a partnership of business managers and control function personnel, and is intended to ensure that the company complies with relevant laws, regulations, market standards, and ethical norms.
Compliance is responsible for all matters relating to regulatory change, working alongside the Legal department. The team also coordinates the submission of regular reports to local regulators, maintains relevant regulatory registers, coordinates the submission of relevant forms, as well as regulatory visits by the regulators, including the gathering of information requested by the regulator.
Other functions of Compliance include testing the controls of the business and other business partners, reviewing transactions for concerning activity or policy violations, as well as developing and conducting training.
Responsibilities:
- Supports management in the day-to-day efforts related to compliance with laws, rules, regulations and related personal securities trading policies.
- The incumbent will monitor employee completion of initial and ongoing brokerage account and holding certifications and their use of approved brokers.
- In addition, the incumbent will process manual trade preclearance requests and process employee inquiries made to the department email box.
- Finally, the incumbent will be responsible for running, analysing and distributing all trade activity reports, violation reports and running weekly processing reports.
- The incumbent will classify employees to facilitate monitoring.
Qualifications:
- This position requires knowledge of the Financial Services Industry, U.S. securities markets and investment instruments and a general knowledge of compliance concepts.
- Oral and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.
- Bachelor’s Degree or Master’s Degree within Finance/Accounting would be preferred however we are open to see applications from other studies as we provide an extensive training.
- 1-2 years banking, product/financial services and/or auditing or compliance experience would be preferred.
