Senior Director, Wealth Business Compliance Officer

Davita Inc.; Pittsburgh (Allegheny County); On-site; USD 130,000 - 180,000; Full time

Job summary

A leading global financial services company is seeking a 'Senior Director, Wealth Business Compliance Officer' in Pittsburgh. In this pivotal role, you will lead compliance strategies, manage regulatory oversight, and develop policies to ensure the organization adheres to financial regulations. Ideal candidates will have extensive experience in financial services and compliance management, strong leadership capabilities, and a relevant educational background.

Benefits

Generous paid leave

Paid volunteer time

Flexible global resources and tools

Qualifications

• Experience in Financial Services or Compliance preferred.
• 15+ years total work experience with 5-7 years in management.
• Strong background in compliance and risk management.

Responsibilities

• Lead team overseeing Wealth Compliance function.
• Set and develop compliance policies and methodologies.
• Maintain relationships with regulators and manage compliance issues.

Skills

Leadership

Team Motivation

Regulatory Knowledge

Education

Bachelor's Degree

MBA or JD preferred

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 around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We're seeking a future team member for the role of Senior Director, Wealth Business Compliance Officer. This role is located in Pittsburgh, Pennsylvania.

In this role, you'll make an impact in the following ways:

• Lead a team responsible for overseeing and managing the administrative, operational and financial aspects of the Wealth Compliance function.


• Sets division compliance policies and business practices and develops common compliance methodologies.


• Advises on Wealth strategy changes to further improve ability to remain in compliance with or become compliant with relevant policies and regulations.


• Maintains extensive knowledge of applicable regional/jurisdictional laws, policies and regulations, and appropriately requests the advice of regional/jurisdictional experts, as needed.


• Oversees consumer regulatory oversight and governance for firmwide consumer compliance program.


• Establishes the overall compliance strategy and protocols for enforcing and monitoring compliance efforts for Wealth.


• Leads team in completing complex, detailed analyses of existing and proposed legislation, world regulatory events and announcements and industry practices to identify opportunities for business unit and regional/ jurisdictional alignment with the global compliance strategy.


• Leads and is responsible for efforts to develop a strong compliance culture among senior business unit managers and increase organizational awareness of compliance roles and responsibilities within the assigned region/jurisdiction.


• Maintains strong relationships with senior regulators and appropriately escalates high impact issues raised by these contacts to executive leadership.


• Independently addresses issues with a high-risk level and high potential financial impact for the organization.

To be successful in this role, we're seeking the following:

• Ability to lead and motivate a team.


• Bachelor's degree or the equivalent combination of education and experience is required. MBA, JD or professional certification preferred.


• 15+ years of total work experience, with 5-7 years of management experience, preferred. Financial Services, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred.

At BNY, our culture speaks for itself. Here's a few of our awards:

• America's Most Innovative Companies, Fortune, 2024


• World's Most Admired Companies, Fortune 2024


• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024


• Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024


• "Most Just Companies", Just Capital and CNBC, 2024


• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024


• Bloomberg's Gender Equality Index (GEI), 2023

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 our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

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