Vice President, Global Senior Compliance Testing Analyst

BNY Mellon; London; On-site; GBP 150,000 - 200,000; Full time

Job summary

A leading global financial services company in London seeks a Global Senior Compliance Testing Analyst to conduct risk-based assessments and execute Compliance Testing within the investment management space. The role requires a solid compliance background, knowledge of UK regulations, and the ability to build relationships with stakeholders. Competitive compensation and benefits are offered.

Benefits

Competitive compensation

Flexible global resources

Generous paid leaves

Qualifications

• Solid Compliance background, preferably in risk based monitoring or internal audit roles.
• Experience in financial organisations, preferably investment management.
• Knowledge of UK regulatory requirements essential.

Responsibilities

• Plan and execute Compliance Testing assignments in line with guidelines.
• Conduct pre-scoping exercises for Compliance Testing reviews.
• Document and agree on testing scope with necessary stakeholders.

Skills

Solid Compliance background

Experience applying monitoring/testing methodologies

Good knowledge of UK regulatory requirements

Able to build relationships with stakeholders

Ability to synthesize and evaluate information

Well-organised and self-starter

Job description

Overview

Global Senior Compliance Testing Analyst, BNY Investments

BNY is a leading global financial services company. This role is located in London, UK, and focuses on planning and executing Compliance Testing within the investment management space, driving risk-based assessments and reporting.

Responsibilities

• Planning Testing assignments and executing them in a timely manner in line with the agreed testing plan and BNY Global Testing procedures.
• Conducting the pre-scoping exercise for each Compliance Testing review, meeting with key stakeholders, and ensuring key risks and regulatory requirements of each jurisdiction are considered in the scope.
• Documenting and agreeing the scope with the Compliance Testing Manager and CCOs.
• Conducting all field work, evaluating risk and processes and procedures, documenting all testing and sampling.
• Compiling and organising all review documentation and testing output to ensure a clear audit trail.
• Drafting clear and accurate reports and agreeing issues with stakeholders.
• Working through the QA process and liaising with the Compliance Testing Manager, CCOs and the Global Head of Compliance to confirm and document identified issues and actions.
• Chasing of issue / action closures.
• Ongoing input of monitoring work to, and maintenance of the Compliance Testing system (CRAFT).
• Demonstrating clear sense of accountability in performing the role.
• Developing understanding of BNY Investments regulatory high-risk areas, clients and structure through the review work performed and by attending meetings / business updates.
• Representing the Testing team at governance committees and forums as required and/or preparing MI.
• Deputising for Compliance Testing Manager where required on an ad-hoc basis.

Qualifications

• Solid Compliance background, preferably in 2nd line risk based / thematic monitoring or 3LOD Internal audit roles.
• Experience of applying monitoring/testing or audit methodologies within financial organisations, preferably within the investment management industry.
• Good knowledge of UK regulatory requirements essential, covering Market Abuse, Conflicts of Interest, TCF, Dealing and Managing, Best Execution, Financial Promotions, ESG; knowledge of SEC requirements in these areas is highly desirable.
• Able to build and maintain relationships with key business stakeholders of all levels.
• Able to synthesise, organise and evaluate large amounts of information, think logically, and identify potential risks.
• Well-organised self-starter, able to prioritise quickly and adapt to tight timeframes and meet deadlines.

Benefits and Additional Information

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

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