Vice President, Compliance & Control

POSITION SUMMARY:

The Vice President, Compliance & Control plays a critical role within the Risk & Regulatory Compliance function, specifically within the Compliance & Control job family. This position is integral to maintaining the integrity and compliance of BNY's operations with regulatory standards. By ensuring adherence to internal policies and external regulations, this role supports BNY's commitment to operational excellence and ethical practices, aligning with the organization's strategic pillars of trust and integrity.

The position demands a strong understanding of compliance frameworks and regulatory requirements, fostering a culture of accountability and transparency in line with BNY's principles.

PRIMARY RESPONSIBILITIES:

- Develop and implement compliance policies and procedures by leveraging extensive knowledge of regulatory requirements to ensure organizational adherence.

- Conduct regular compliance assessments and audits to identify potential risks and areas for improvement, demonstrating expertise in risk management.

- Collaborate with cross-functional teams to integrate compliance controls into business processes, ensuring alignment with strategic objectives.

- Provide guidance and training to employees on compliance-related matters, fostering a culture of compliance and ethical conduct.

- Monitor and interpret regulatory changes, advising senior management on implications and necessary adjustments to policies.

- Lead investigations into compliance breaches, ensuring thorough analysis and corrective actions are undertaken to mitigate future risks. EDUCATION/

QUALIFICATIONS:

- Bachelor's degree in Law, Business, Finance, or a related field.

- Advanced certifications in compliance or risk management (e.g., CRCM, CAMS) are advantageous.

EXPERIENCE:

- Typically 5-10 years of experience.

SKILLS:

- Strong analytical and problem-solving skills to assess and address compliance issues effectively.

- Excellent communication and interpersonal skills to educate and influence stakeholders across the organization.

- Proven ability to interpret regulatory changes and implement appropriate compliance strategies.