Under direct supervision, contributes to the compliance efforts of the assigned business unit. Helps with assessment activities to ensure the business units are in compliance with standard regulatory and policy requirements,, reviews work for accuracy with more experienced professionals.
May assist with drafting of documentation when control changes are made. Under direct supervision, analyzes existing legislation, regulatory announcements and industry practices in order to report on the assigned business' current state of compliance.
As needed, assists with projects and program tasks intended to improve compliance and enhance the control environment. Assists with analyses of control processes to ensure they are in compliance with all applicable laws, rules and regulations.
Begins to build working relationships with business unit managers in order to facilitate the timely delivery of information and increase the likelihood of favorable conditions for compliance activities.
With direct supervision, assists with the assessments of the effectiveness of controls that help ensure ongoing compliance with key laws, regulations and policies affecting BNY Mellon businesses.
May begin to gain experience preparing risk based reviews of existing and emerging regulatory requirements, concerning issues and control gaps.
May assist with the preparation of non-complex reporting, as directed. Escalates issues to more experienced professionals.
No direct reports. Contributes to the achievement of team objectives. Modified based upon local regulations / requirements.
Bachelor s degree or the equivalent combination of education and experience is required. Business or Finance degree preferred.
0-3 years of total work 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.