BNY Mellon Securities Corp (BNYMSC) is a FINRA registered Broker Dealer and SEC registered Investment advisor. BNYMSC offers traditional brokerage account, acts as distributor for the BNY Mellon Family of Funds, acts as advisor to separately managed accounts, acts as an introducing broker dealer to private placement funds, and offers annuity products through BNY Mellon Advisors.

The BNYMSC AML Compliance officer (AMLCO) is responsible for oversight and implementation of BNYMSC’s AML Compliance Program. The AMLCO works closely with the various business partners to ensure policies and procedures comply with Corporate Policy as well as all applicable rules and regulations. The AMLCO serves as an escalation point for high risk matters and acts as a resource to ensure business groups are properly implementing their AML Programs. Additionally the AMLCO must stay current on rules and regulations to ensure policies and procedures are up to date, address business risks and comply with applicable laws.

The AMLCO will manage routine audits of the BNYMSC AML program as well as represent the AML program to external regulators as needed and appropriate.

The AMLCO will meet regularly with senior business leaders and executive committees to provide updates and address AML program matters.

Responsibilities include:

-Responsible for supporting the assessment of regulatory and policy requirements in order to develop programs and projects to improve regional/jurisdictional compliance.

-Leads the business’ assessment of data and development of reporting to support management's presentation of program and project recommendations to more senior managers.

-May recommend strategy changes to further improve the region's/jurisdiction's ability to remain in compliance with or become compliant with applicable laws, policies and regulations.

-Responsible for appropriately implementing the overall compliance strategy within the assigned region/jurisdiction.

-Guides the team's analysis of existing and proposed legislation, regulatory announcements and industry practices within the region/jurisdiction in order to identify opportunities for alignment with the global compliance strategy.

-Helps more senior managers within the region/ jurisdiction to appropriately implement approved procedures to meet requirements.

-Contributes to the assessment and validation of control processes to ensure compliance with laws, rules and regulations.

-Contributes to efforts to develop a strong compliance culture and increase organizational awareness of compliance roles and responsibilities within the assigned region/ jurisdiction.

-Continues to build relationships with business unit managers to increase the likelihood of timely completion of compliance activities and responses to reports issued by regulatory agencies or audit.

-Is beginning to build relationships with regulators and government officials and appropriately escalates issues raised by these contacts to more senior managers.

-Motivates and develops support staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.

-Provides feedback at the most critical times. 

-Responsible for providing technical support for professional and management staff's assessment of the effectiveness of controls that help ensure ongoing compliance with key laws, regulations and policies affecting regional/jurisdictional BNY Mellon businesses.

-Manages support of comprehensive, risk based reviews of existing and emerging regulatory requirements.

-Reviews reporting produced by the team and appropriately escalates issues to more senior managers.

-Responsible for the achievement of support team goals.

Qualifications

Bachelor's degree or the equivalent combination of education and experience is required.

MBA or professional certification preferred. 5-7 years of total work experience preferred.

Financial Services, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred.

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.

Primary Location: United States-New York-Uniondale
Internal Jobcode: 85166
Job: Risk
Organization: Compliance-HR06015
Requisition Number: 2107911