Senior Representative, Compliance and Control: Sanctions Compliance
Company: CFA Institute
Location: Jersey City
Posted on: September 21, 2022
Senior Representative, Compliance and Control: Sanctions
For over 235 years, Bank of New York Mellon (BNY Mellon) has been
at the center of the global financial markets, providing the
world's leading institutions the tools, capabilities, and services
to be distinctive investors. BNY Mellon has approximately $16.5
billion in revenues and a 23% return on tangible common equity.
BNY Mellon is a leader in the world of investment services and
investment management, and our businesses support the full range of
stakeholders of the financial system. Managing the custody of
approximately $37 trillion financial assets of the world's leading
institutional investors, hedge funds, sovereign wealth funds, and
- Supports the day-to-day efforts related to assessing whether
assigned areas are in compliance with relevant laws, rules,
regulations and policies and that control mechanisms are being
deployed as expected.
- Under minimal supervision, assists with the monitoring and
reporting of established controls and the implementation of new
control procedures in response to regulatory changes or compliance
- As an experienced team member, suggests changes to improve work
processes and guides lower level peers on procedures and reviews
the quality of their work.
- With minimal guidance, researches and collects data on
compliance and control-related activities.
- Compiles data into a useable format for more senior team
members and may conduct basic, preliminary analyses of collected
- May review the work completed by more junior support staff for
accuracy and completeness.
- Reviews and verifies that the activities of the assigned areas
are aligning with the overall control procedures and compliance
- Independently prepares reports for management on the business
line's compliance status and may assign report development tasks to
more junior support staff.
- Reviews reports with more senior support roles to confirm
accuracy and completeness and checks reporting prepared by more
junior support staff.
- Counsels business personnel and management on remaining in
compliance or improving their alignment with established controls
and compliance goals.
- Identifies and addresses compliance issues, directly
interfacing with peers in assigned business areas.
- Escalates complex issues to more senior staff.
- With minimal guidance, provides 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 the assigned areas.
- Produces large quantities of data to support comprehensive,
risk based reviews of existing and emerging regulatory
- Appropriately escalates issues to professional and management
- As an experienced team member, may recommend process
improvements to management.
- No direct reports, provides guidance to more junior team
members and may assign tasks, as needed. Contributes to the
achievement of team objectives. Modified based upon local
- FINRA SIE, FINRA Series 7, FINRA Series 24, CAMS Certification,
Bank Secrecy Act/Patriot ACT, knowledge of OFAC Sanctions
applications (e.g. Fircosoft).
Bachelors degree or the equivalent combination of education and
experience is required. 3-5 years of total work experience
preferred. Experience with Financial Services Industry regulations,
compliance operations or auditing preferred. 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.
For over 230 years, the people of BNY Mellon have been at the
forefront of finance, expanding the financial markets while
supporting investors throughout the investment lifecycle. BNY
Mellon can act as a single point of contact for clients looking to
create, trade, hold, manage, service, distribute or restructure
investments and safeguards nearly one-fifth of the world's
financial assets. BNY Mellon remains one of the safest, most
trusted and admired companies. Every day our employees make their
mark by helping clients better manage and service their financial
assets around the world. Whether providing financial services for
institutions, corporations or individual investors, clients count
on the people of BNY Mellon across time zones and in 35 countries
and more than 100 markets. It's the collective ambition, innovative
thinking and exceptionally focused client service paired with a
commitment to doing what is right that continues to set us apart.
Make your mark: bnymellon.com/careers.
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.
Keywords: CFA Institute, Jersey City , Senior Representative, Compliance and Control: Sanctions Compliance, Accounting, Auditing , Jersey City, New Jersey
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