Job Description

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.

Job Profile:

You will take on responsibility for developing a Compliance Testing plan and delivering timely and thorough compliance testing reviews as detailed in the annual testing program specific to Anti-Tax Evasion Testing. 

This is achieved primarily through the following:

• Creation of the annual Global Compliance Testing plan specific to Anti-Tax Evasion
• Leading thematic compliance testing reviews in line with the global testing methodology and ensuring evidence is retained of such.
• Liaising with the business and Senior Management in respect to ongoing monitoring and management of open compliance actions as a result of thematic testing.
• Providing timely and accurate Management Information where relevant to internal stakeholders

In addition, you should be prepared to assist as required in the following activities:

• Representing BNY Mellon at relevant industry events/ forums.
• Participation in Risk/Committee or Client Meetings and represent BNY Mellon externally as required.
• Contribute to the development of Compliance Projects and Programs to improve Compliance and enhance the control environment.

The role may require input across other BNY Mellon operations where business is outsourced. Therefore, the jobholder should be prepared to travel.

Responsibilities:

• Development of the Annual Compliance Testing Plan through analysis of Risk Assessment results and liaison with key stakeholders, including Business Compliance Officers.
• Ensure that all compliance testing is completed in accordance with the annual testing program on time and to a high standard in line with the global compliance testing methodology.
• Ensure that all findings identified within an allocated review are accurately recorded on system and that proactive actions are taken to ensure satisfactory resolution of issues raised.
• Proactively chase outstanding and overdue issues and reflect updates in system in line with the requirements of the global methodology.
• Represent Compliance at internal meetings and Committees (where required).
• Represent Compliance on external committees, working groups, and trade body seminars if required to do so.

Generic Staff Responsibilities

• Comply with all BNY Mellon corporate policies and procedures, including HR policies and procedures, applicable to BNY Mellon.
• Alert management including the Chief Risk Officer and / or the EMEA Chief Risk Officer immediately of any significant changes to business risks and internal control effectiveness.
• Notify management and/or the Chief Compliance and Ethics Officer and EMEA Head of Compliance immediately on discovery of any material regulatory breach.
• Comply with all Security and Health & Safety policies and procedures operating within the business.
• Complete all mandatory training and ensure any external training undertaken has been recorded in the training system (Saba) and obtain or maintain all qualifications that may be required in order for you to perform your role.

Academic/Professional Qualifications (or equivalent qualifiers)

• Knowledge and expertise in Anti-Tax Evasion laws
• Strong academic/professional work record with particular preference for Compliance and/or Legal, Audit, Risk background.
• A compliance qualification would be a distinct advantage.
• Proven experience in the Financial Sector, preferably with a background in Compliance Testing, Controls Testing or Internal Audit.
• Good PC skills (Microsoft Excel and Word essential – PowerPoint useful).
• Good report writing and presentation skills.
• Focused attitude to work with the ability to constantly meet deadlines while ensuring attention to detail, and high level of accuracy.
• Superior interpersonal and communication skills.
• Must be able to understand and apply outcome-focused regulation and have a sound risk awareness whilst maintaining an awareness of commercial pressures on the firm.

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 well-being and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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.

Job Categories: Equal Opportunities. Job Types: Full-Time. Job Tags: compliance testing; financial crime; compliance. Salaries: Not Disclosed.

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