Head of FCC Advisory - Treasury Services, GCM and Credit Services

Overview

Head of FCC Advisory - Treasury Services, GCM and Credit Services

Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

• Managing global compliance and associated control environments and striking the balance between serving as a trusted advisor to the business and encouraging a culture of robust challenge to the business.
• Working with Treasury Services, GCM and CS to enhance their understanding of compliance and overall enterprise risks, as well as the risk management and implementation of mitigating controls. Based on assessments of controls, advise business units on the implementation of improvements and the completion of appropriate documentation when control changes are made.
• Analyzing existing and proposed legislation, regulatory announcements, and industry practices to advise BNY Mellon businesses, KYC operations and other stakeholders in developing and implementing procedures to meet existing and upcoming requirements and verify compliance with complex regulatory and policy requirements; make recommendations on compliance risks as well as benchmark
• Compliance processes and workflows against evolving industry standards.
• Providing enterprise-wide advice on entire business units' strategy changes to further improve their ability to remain in compliance with or become compliant with organizational policies and regulations.
• Serving as a solution champion and a lead subject matter expert in Financial Crimes Compliance (including USA PATRIOT Act/Bank Secrecy Act (BSA)/AML) as it pertains to specialized products such as digital/virtual asset products/services.
• Provision of strategic advice and inputs to the FCC compliance policy and standards development process in the areas pertaining to U.S. and global regulations by working with key compliance partners in respective EU countries where BNY Mellon has a presence.
• Provide strategic guidance and inputs for risk assessments in the relevant subject matter areas.
• Working with multiple stakeholders within the institution to enhance their understanding of compliance and overall enterprise risks, as well as the risk management and implementation of mitigating controls.
• Managing the governance and oversight at the business level of firm-wide AML/KYC/OFAC efforts to plan, coordinate, and track the implementation of the Firm's Global KYC policy standards.
• Coordination with FFC colleagues on the implementation and continued maintenance of Customer and Product Risk Rating methodology and controls.
• Based on assessments of controls, advise business units on the implementation of improvements and the completion of appropriate documentation when control changes are made.
• Developing and providing regular training to BNY Mellon businesses, operations and other stakeholders on key FCC topics and assisting the global businesses in developing regular communication on key compliance topics.

• Bachelor's degree or the equivalent combination of education and experience is required. MBA, JD, or professional certification preferred
• 15+ years of total working experience, with 5-7 years of management experience. Financial Services, Audit or Compliance. Experience with Correspondent Banking/Payments and assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred.
• Core skills required to achieving success in the role include knowledge and familiarity with U.S. and global AML Laws/Regulations including for Banks and NBFIs.
• The ability to comprehend changes to laws and regulations including reporting impact of changes to colleagues and senior management are important with strong written and verbal skills to communicate with senior management and staff Able to provide training to businesses covered.
• Experience in defining and executing KYC change controls and periodic refresh strategy Operational knowledge of KYC rules implementation and maintenance.
• The role includes the needs to assist in maintaining strong working relationships with outside regulators, government officials and senior business unit managers to ensure the timely delivery of information and increase the likelihood of favorable conditions for compliance activities

• Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
• Bloomberg's Gender Equality Index (GEI)
• Human Rights Campaign Foundation, 100% score Corporate Equality Index
• Best Places to Work for Disability Inclusion , Disability: IN - 100% score
• 100 Best Workplaces for Innovators, Fast Company
• CDP's Climate Change 'A List'