Strategic Compliance Projects, Markets and Governance Officer

Job Description

Position summary

• The Compliance team are responsible for the establishing the policies, protocols, methodologies, and standards in line with the compliance strategy for Pershing EMEA.
• The role holder is responsible for directing the implementation of the strategy within Pershing EMEA Compliance working with both the Chief Compliance Officer, the Head of Compliance for Jersey and the Deputy Head of Compliance for Pershing EMEA.

• The role reports directly to the Chief Compliance Officer, and is a member of the Pershing Limited Compliance Department.

• Responsible for the development of the compliance strategy, delivery of strategic projects and compliance governance for the assigned business units.

• The postholder must be able to build relationships and use influence to maintain and develop the needs of the regulated entity within a multi-jurisdictional group structure.

• The role provides the opportunity to engage in global groupwide initiatives and work in collaboration with colleagues in global locations.

Primary responsibilities

• Contribute to the Compliance strategy to further improve the regions/jurisdictions ability to remain in compliance with or become compliant with applicable laws, policies, and regulations. Directly influences the way in which the business implements approvedprocedures to meet requirements and to ensure alignment with industry best practice.

• Direct the assessment of regulatory change and policy requirements to develop programs and projects to improve regional/jurisdictional compliance and presents program and project recommendations to more senior managers

• Participate in groupwide projects including identifying, handling, and resolving compliance issues relating to business development and the centralisation of group processes.

• Contributes to the completion of a comprehensive compliance risk assessment of existing regulatory requirements and provision of prompt, focused feedback to business management on concerning issues and control gaps.

• Lead and implement corrective action to enhance the compliance control environment.

• Provides guidance to a team of professional staff within a region/jurisdiction responsible for ensuring ongoing compliance with key laws, regulations and policies affecting regional/jurisdictional BNY Mellon businesses.

• Reviews reporting produced by the team and appropriately escalates significant issues to senior management.

• Develop professional staff, maximizing their individual contribution to achieve team objectives.

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

• Contribute to the ongoing integration of markets, focusing on regulatory requirements, market abuse and insider requirements and control room matters

• Provide guidance to both the Pershing EMEA trading desk and the US Markets team on EU/UK specific requirements as they relate to equities, fixed income, etc.

• Providing advice on regulatory and compliance issues arising, and applying the rules to business and operational models, including CASS and MIFIR.

• Responding to queries from business units, service providers and clients, and provide compliance advice as appropriate in the circumstances.

Qualifications and expected skills

• Extensive relevant work experience required.

• Financial Services, Audit or Compliance background and/ and the pertaining laws, regulations and rules of relevant regulators preferred.

• Proven ability to work in and build valuable relationships in, a multi-jurisdiction group structure and experience of representing a legal entity in an international group structure.

• Ability to work in a demanding environment where flexibility and initiative is expected.

• Proven self-starter.

• Excellent report-writing and communication skills.

Keyskills :
AuditComplianceFinancial ServicesStrategic Compliance