Vice President, Compliance & Control II

BNY MELLON; Greater Manchester; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

BNY MELLON is seeking a Vice President for Trade Surveillance in Manchester. This leadership position involves overseeing regulatory risks, implementing surveillance strategies, and collaborating with compliance teams globally. Ideal candidates will possess strong analytical and communication skills, along with a robust background in financial regulations and trade surveillance.

Benefits

Competitive compensation

Flexible resources and paid leaves

Volunteer time

Qualifications

• 7-10 years of industry experience, 3-4 years in Trade Surveillance.
• Strong knowledge of financial regulatory environment.
• Excellent communication and interpersonal skills required.

Responsibilities

• Implement the firm’s trade surveillance approach using the latest technology solutions.
• Lead thematic surveillance programs and coordinate globally.
• Collaborate with Business Compliance for proper reporting.

Skills

Data science

Analytical skills

Communication

Negotiation

Attention to detail

Education

Bachelor’s Degree

Tools

MS Office

Job description

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investible assets. Every day, our 50,000+ employees bring their perspectives to create solutions with our clients that benefit businesses, communities, and people worldwide.

We are recognized as a top innovator and an inclusive workplace. Through our unique ideas and talents, we help make money work for the world. This is what #LifeAtBNY is all about.

Position: Vice President - Trade Surveillance (Model Management)

Location: Manchester – Hybrid

The Vice President - Trade Surveillance (Model Management) plays a key role in managing regulatory risk by overseeing trade surveillance across various businesses and countries. The ideal candidate will have familiarity with surveillance requirements from the U.S. Securities and Exchange Commission, FINRA, the Financial Conduct Authority, and APAC regulators. Experience with trade surveillance vendors and implementing global trade surveillance systems is preferred.

Key Responsibilities:

1. Implement the firm’s trade surveillance approach using the latest technology solutions.
2. Review transaction alert parameters to detect potential market abuses.
3. Document alert parameter reviews and model performance testing clearly.
4. Lead thematic surveillance programs, coordinating globally as needed.
5. Collaborate with Business Compliance and 1LOD control functions for proper reporting of surveillance issues internally and to regulators.
6. Escalate findings in a controlled manner.
7. Approach surveillance holistically, considering order and quote flows across lines of business.
8. Record issues and assist in producing Management Information.

Qualifications:

• 7-10 years of industry experience, with at least 3-4 years in Trade Surveillance, preferably with a trading background.
• Strong knowledge of financial regulatory environment.
• Excellent communication skills in English.
• Advanced MS Office skills.
• Data science and analytical skills for identifying and presenting relevant information to senior stakeholders.
• Attention to detail, accuracy, and ability to meet deadlines.
• Interpersonal, negotiation, and communication skills.
• Ability to prioritize in a fast-paced environment.
• Bachelor’s Degree required.

Our Recognitions:

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100%, 2023-2024
• Best Places for Disability Inclusion, Disability:IN, 2023-2024
• Most Just Companies, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top for Sustainability, 2024
• Bloomberg’s Gender Equality Index, 2023

Benefits and Rewards:

BNY offers competitive compensation, benefits, and wellbeing programs, including flexible resources, paid leaves, and volunteer time. We are an Equal Employment Opportunity/Affirmative Action Employer supporting underrepresented groups.