Deputy MLRO (Pershing EMEA) & Financial Crime Compliance Officer (Markets)

BNY Mellon; Manchester; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading financial services firm in Manchester is seeking a Senior Financial Crime Professional to oversee compliance for financial crime risks in their Markets business. This position requires extensive experience in Financial Crime Compliance, alongside strong stakeholder management and advisory skills. The ideal candidate will have in-depth knowledge of regulatory frameworks and the ability to lead teams and mentor colleagues. The firm offers competitive compensation and generous benefits packages, highlighting a culture of excellence.

Benefits

Competitive compensation

Generous paid leaves

Wellbeing programs

Qualifications

• Deep knowledge of UK/EU AML/CTF, sanctions and ABC frameworks required.
• Ability to mentor and develop colleagues necessary.
• Experience with Markets products preferred.

Responsibilities

• Act as Deputy to the MLRO for Pershing Securities.
• Provide advisory on financial crime risks across Markets activities.
• Ensure effective financial crime controls, including KYC.

Skills

Extensive experience in Financial Crime Compliance

Strong stakeholder management skills

Investigative mindset

Excellent communication skills

Data-savvy

Education

Relevant qualifications (e.g., ICA, ACAMS)

Job description

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

About the role

We’re seeking a senior financial crime professional to act as Deputy to the MLRO for our Pershing Securities Limited (UK) and Pershing Securities International Limited (Ireland) entities as well as lead Financial Crime Compliance coverage for our Markets line of business. You will provide second-line oversight, expert advisory support and client guidance, ensuring effective identification, mitigation, and reporting of financial crime risks in a fast‑moving, complex environment. This role blends deputy MLRO responsibilities with specialist product-risk expertise for Markets. This role is based in our Manchester office.

Key responsibilities

• Provide coverage for the MLRO’s SMF17/PCF52 responsibilities in their absence; act as the primary point of escalation for internal/external stakeholders.
• Act as FCC Officer for Markets, providing proactive and pragmatic advisory on product, client and transactional financial crime risks across Markets activities.
• Provide timely, accurate advice on AML/CTF, sanctions and other financial crime risks to stakeholders within Pershing EMEA, Markets and CCM, aligned to applicable regulation and BNY policy.
• Ensure financial crime controls operate effectively, specifically KYC and transaction monitoring, while also supporting any associated investigations and ensuring internal and external SAR reports are submitted as required.
• Support regulatory returns and information requests from regulators/law enforcement; ensure completeness, accuracy and timeliness.
• Lead and challenge product-risk assessments and Product Due Diligence (PDD), ensuring risk identification, control design and evidencing are robust and proportionate.
• Review and provide FCCO approvals/escalations from Enterprise Onboarding (KYC) for Pershing EMEA, Markets and CCM; ensure heightened scrutiny for higher‑risk client/product scenarios.
• Maintain local FCC procedures, systems and controls; ensure alignment with evolving regulatory requirements across EMEA.
• Produce high‑quality KRI/KPI/MI for Board, senior management and governance forums; translate data into insight and credible challenge.
• Maintain and deliver targeted FCC training and awareness across Pershing EMEA and Markets, including role‑based training for higher‑risk activities.
• Provide leadership and support to members of the Pershing EMEA financial crime team.

What you’ll bring

• Extensive experience in Financial Crime Compliance with demonstrable subject‑matter expertise; prior exposure to Markets products/activities is strongly preferred.
• Deep knowledge of UK/EU AML/CTF, sanctions and ABC frameworks; familiarity with global standards; ability to interpret and apply regulatory change to business models.
• Strong understanding of how Markets product structures and flows can drive FC risks (e.g., complex instruments, agency/omnibus models, speed/volume, cross‑border activity) and how to mitigate them through practical controls.
• Investigative mindset, structured decision‑making and high personal accountability; comfortable making risk‑based judgements under time pressure.
• Excellent stakeholder management and communication skills—able to be both a trusted advisor and an effective challenger; strong presentation and writing skills.
• Data‑savvy with the ability to interpret MI/KRIs, monitoring outputs and assurance results to produce actionable insights.
• Strong leadership skills, with the ability to mentor and develop colleagues and deputise credibly for the MLRO.
• Relevant qualifications (e.g., ICA, ACAMS) and a general background in Financial Crime/Compliance/Legal; knowledge of the securities lifecycle from execution to custody is advantageous.

Our Benefits and Rewards

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of your team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies\", Just Capital and CNBC, 2025

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.