Associate, Compliance & Control Representative 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.
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 ofAssociate, Compliance & Control Representative Ito join ourCompliance & Control team. This role is located inPune, MH/ Chennai, TN – HYBRID
In this role, you'll make an impact in the following ways:
Supports the day-to-day efforts related to assessing whether employees are in compliance with relevant laws, rules, regulations and the company's personal securities trade Policy.
Monitors compliance with the Personal Securities Trade Policy for India employees, reviews transactions and holdings statements manually and reconciles discrepancies working with employees; reviews / reports all potential violations (Red Flags) of the policy
Under minimal supervision, assists with the monitoring and reporting of established controls and the implementation of new control procedures in response to regulatory changes or compliance issues.
As an experienced team member, suggests changes to improve work processes, counsels employees and business personnel on compliance with policies and guides lower level peers on procedures and reviews the quality of their work.
With minimal guidance, researches and collects data on compliance and control-related activities.
Compiles data into a useable format for more senior team members and may conduct basic, preliminary analyses of collected data.
Reviews and verifies that the activities of the assigned areas are aligning with the overall control procedures and compliance strategy.
Independently prepares reports for management on the business line's compliance status and may assign report development tasks to more junior support staff.
Reviews reports with more senior support roles to confirm accuracy and completeness and checks reporting prepared by more junior support staff.
Counsels business personnel and management on remaining in compliance or improving their alignment with established controls and compliance goals.
To be successful in this role, we're seeking the following:
Preferable the knowledge of the Financial Services Industry, U.S. securities markets and investment instruments and a general knowledge of compliance concepts
Oral and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.
Bachelor's Degree or Master's Degree within Finance/Accounting would be preferred however we are open to see applications from other studies as we provide an extensive training.
3+ years banking, product/financial services and/or auditing or compliance experience would be preferred.
Applicant must be familiar with Investment banking programs, conflict of interest, Insider risk, protecting material non-public information (MNPI) and employee trading programs generally. Responsibilities include ensuring the process for monitoring employee conduct through PST program.
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.