Head of Client Asset Oversight (PCF-45)
BNY Pershing is seeking an experienced Head of Client Asset Oversight (PCF-45) to provide independent oversight of the firm’s client asset framework and help ensure compliance with applicable Irish regulatory requirements.
Key Responsibilities
- Lead the firm’s client asset oversight framework in line with applicable Central Bank of Ireland requirements
- Maintain and enhance the governance and control environment for safeguarding client assets
- Act as the designated PCF-45 role holder, subject to applicable regulatory approval and Fitness and Probity requirements
- Oversee key client asset controls and issue escalation processes
- Develop and maintain key client asset documentation, including governance and management frameworks
- Provide effective oversight of breaches, control gaps, root cause analysis, and remediation plans
- Deliver high‑quality reporting and management information to senior management, governance forums, and boards/committees as required
- Support regulatory interactions, audits, client asset examinations, and other assurance reviews
- Work closely with key stakeholders to embed a strong culture of accountability, challenge, and continuous improvement
Required Qualifications
- Significant experience in client asset oversight within financial services
- Strong knowledge of the Client Asset Requirements, safeguarding principles, and related Irish regulatory expectations
- Experience operating in a senior oversight or control role within a regulated entity
- Demonstrated ability to engage credibly with regulators, senior executives, and control functions
- Strong understanding of governance, risk management, and control frameworks
- Experience updating a CAMP or similar client asset governance/control document
- Proven track record in managing complex issues, investigations, and remediation activity
- Excellent written and verbal communication skills, including committee‑and board‑level reporting
- Degree or equivalent professional experience
Preferred Qualifications
- Prior experience in a PCF, SMF, or other senior regulated role
- Experience within custody or broker‑dealer businesses
- Experience managing external examinations, internal audit reviews, or regulatory inspections
Regulatory Note
This PCF role will be subject to ongoing compliance with the Central Bank’s fitness and probity standards and any other applicable requirements relevant to the role. The role requires approval to be granted by the Central Bank of Ireland before a candidate commences employment, as per Section 23 of the Central Bank Reform Act 2010.
Benefits
- Competitive compensation and benefits
- Flexible leave, including paid volunteer time
- Well‑being programs and supportive culture
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.