Senior Vice President, Regulatory Oversight Management

The Bank of New York Mellon Corporation; Greater London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading financial institution in the UK is seeking a candidate to lead Client Asset Safety initiatives for the Global Clearing Platform. The role involves specializing in Client Asset Safety processes and conducting reviews to strengthen compliance. Candidates should have expertise in compliance and risk management, strong analytical skills, and communication abilities. Collaboration with stakeholders and contributing to an inclusive culture is essential.

Qualifications

• Experience in compliance, risk or operational governance is preferred.
• Demonstrated problem solving and analytical ability required.
• Strong oral and written communication skills including providing technical advice.

Responsibilities

• Lead the Client Asset Safety initiatives for the Global Clearing Platform.
• Specialize in Client Asset Safety processes and frameworks to lead reviews.
• Analyze Client Asset Safety rules and assess impacts for new legal entities.

Skills

Client Asset Safety knowledge

Compliance expertise

Risk management

Analytical ability

Strong communication skills

Job description

Responsibilities

• Lead the Client Asset Safety initiatives for the Global Clearing Platform and support the business with CASS/CAP/GAS expertise to achieve Platform strategy. The role will lead a strategic initiative to transform Pershing client asset safety oversight for the Outsourced Clearing products globally, at the same time as strengthening overall frameworks for the Clearing business in all jurisdictions and products.
• Additionally, the role will specialize in Client Asset Safety processes and frameworks to lead reviews (Internal Audit, External Audit, Compliance Testing) in relation to in-scope legal entities that will strengthen the regulatory compliance footprint of the platform and ensure continued client asset safety standards.
• Ability to analyze the application of Client Asset Safety rules to the Global Clearing business, including assessment of impacts for the introduction of new legal entities, products and process flows.
• The role will continue to work on enhancements to Product Governance processes to streamline assessments, also uplifting the Management Information related to Product Governance. Experience in compliance, risk or operational governance is preferred, with demonstrated problem solving and analytical ability, and strong oral and written communication skills including providing technical advice.
• Organized, reliable team player who takes initiative with a strong capacity to work autonomously, responsibility towards client outcomes, and collaboration with internal stakeholders and the team.
• Great interpersonal and communication skills.
• Contributes to an inclusive working culture.