1+ months

Sr. Principal, Compliance (Broker/Dealer)

BNY Mellon
New York, NY 10007

Developand implement broker-dealer compliance program within global custody bank. Provideguidance and support to business partners, senior management and complianceteam in the development of infrastructure and control requirements. Ensure thatappropriate regulatory policies, procedures and controls are established,maintained and well-documented. Take ownership of all ongoing compliance reviewprocesses and requirements, including FINRA New Membership Application (FormNMA) process, annual reviews and meetings, Form BD filings, review and draftingof policies and procedures, compliance program framework and operations, etc.Manage and coordinate SEC and FINRA regulatory examinations, including writtenresponses. Oversee compliance risk assessments, broker-dealerstesting and monitoring program in accordance with regulatory expectations andbest practices and preparation of annual CCO Report. Thorough knowledge of thebroker-dealer business from a product, corporate governance, compliance andadministrative perspective, Working knowledge of FINRA and SEC rules andregulations, as well as state regulatory framework. Experience in conductinginternal reviews and in preparing written summaries and regulatory responses.Thorough knowledge of securities products (i.e. mutual funds, ETFs, structuredproducts and individual securities), compliance and supervisory requirements.Broad exposure to key functional areas of product due diligence, recruiting andretention, Excellent ability to interpret and Partner with the Legalteam to analyze changes to regulatory requirements, proactively handleregulatory developments, and advise on new product launches. Continue todevelop and mentor our excellent compliance professionals.


Minimum Requirements
  • Minimum of 8 years experience as a compliance professional at aFINRA-registered broker-dealer is preferred, or regulator (diversity of experience stronglypreferred)
  • Experience with rulesand regulations applicable to broker-dealers
  • Comfort withambiguitycapable of solving complex problems independently in a fast-pacedenvironment and adapting along the way
  • Demonstrated success asa values-based leader who can build and maintain a culture of empowerment,ownership, and accountability
  • Ability to initiate anddrive projects to completion with minimal guidance
  • Series 7, 24 or 14
Preferred Qualifications
  • CCO or the number two complianceprofessional for FINRA member broker-dealer
  • Familiarity withoperations of broker-dealers subject to 15c3-3
  • Experience with banking regulations

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team one that is representative and inclusive of the diverse talent, clients and communities we work with and serve and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Primary Location: United States-New York-New York
Internal Jobcode: 85163
Job: Risk
Organization: Front Office Solutions-HR14726
Requisition Number: 2010261


Posted: 2020-11-18 Expires: 2021-02-17

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Sr. Principal, Compliance (Broker/Dealer)

BNY Mellon
New York, NY 10007

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