Vice President, Compliance & Control I

Vice President - Compliance Control I

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.

The Compliance Governance function designs, delivers, and manages the compliance framework across the Firm. This includes but is not limited to Compliance Risk Reporting, Compliance Issues Management, Lesson Learned, and Risk Control Self-Assessment (RCSA).

We re seeking a future team member for the role of Vice President to join our Compliance Control I team. This role will be based in Pune, MH- Hybrid.

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

• With minimal guidance, execute compliance thematic reviews efficiently, effectively and timely related to BNY businesses and operational processes to ensure adherence to applicable laws, rules, and regulations as well as corporate and business policies and procedures in accordance with the Global Compliance Testing Manual methodology for the APAC Annual Compliance Testing plan.
• Analyzing control processes to ensure they are aligned and in compliance with all applicable laws, rules, regulations and internal corporate and business policies and procedures, especially regulations related to Financial Crime Compliance.
• Understanding key regulations in scope to design applicable tests to be performed to assess adherence of the business to business, corporate and regulatory requirements
• Participate in the coordination and attendance of engagement planning meetings and walkthroughs
• Conducting and documenting high quality planning/fieldwork meeting walkthroughs and testing in accordance with Compliance Testing guidelines
• Communicating effectively, in both verbal and written mediums, observations and findings identified and facilitating the development and agreement of corrective action plans to the business, tracking actions proactively to conclusion
• Perform validation of business remediated findings by ensuring agreed upon action plans in the Compliance Testing Report are completed in full and properly supported
• Ensuring that all steps of Compliance Testing reviews are accurately recorded on BNY s Compliance Testing system
• Ensuring that all compliance testing is completed timely in accordance with the annual program on time and to a high standard in line with the Global Compliance Testing Manual methodology
• Representing Compliance Testing at client meetings where required
• Training and supporting other team members on the application of the Global Compliance Testing Manual methodology and systems e.g., BNY s Compliance Testing system
• Providing input to team, department and ad-hoc projects and assignments as required
• Complying with all BNY corporate policies and procedures and mandatory training requirements

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

• Preferred secondary/university graduate in business, compliance, finance, accounting, or related discipline or equivalent combination of education and experience. Relevant industry qualifications are an advantage
• Minimum of 5-7 years financial industry experience preferably with minimum 3 years of Compliance Risk, compliance testing, financial crimes compliance, control testing and/or internal audit experience with a solid understanding of the key steps of testing review/audit processes preferably at a large bank, financial institution, public accounting firm or regulatory body
• Sound knowledge, understanding and awareness APAC laws, rules and regulations
• Ability to work independently under tight deadlines and competing priorities and being proactive in terms of planning and execution of reviews, raising and escalating challenges or concerns to team leaders and managers in a timely manner
• Ability to work with stakeholders across the Three Lines of Defense.

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.