[ref. u33472718] Compliance Manager - Advisory Markets and Corporate Treasury - London

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1. Team Description:

Risk Management oversees and delivers ongoing risk services and ensures new business risks are identified, reviewed and approved.

Risk Management is organized through Chief Risk Offices for each core business and critical operation. Compliance contributes to ensure BNY's businesses maintain and embed appropriate policies, procedures and processes to comply with applicable laws, regulations, BNY policies and ethics.

In EMEA, Compliance operates through a number of groups including Business Compliance ( supporting the following Lines of Business: Asset Servicing, Issuer Services, Treasury Services and Wealth Management: and Markets, CCM & Corporate Treasury ); Governance and Compliance Risk Architecture, Compliance Testing, and Anti-Financial Crime.

Markets, CCM and Corporate Treasury Compliance provides the second line of defence advisory on a range of conduct compliance issues for each line of Markets and CCM businesses and Corporate Treasury in EMEA, assisting the business through understanding regulatory requirements, applying best practices and building strong and transparent regulatory relationships.

The Markets business lines include: Global Markets Trading, which includes (1) Foreign Exchange (FX) and (2) Fixed Income and Equity sales and trading (FIEQ) AND (3) Buyside Trading Services; Securities Finance; Liquidity and Margining Services (LMS); and cash management.

The CCM business lines include collateral management and broker dealer services.

Corporate Treasury and Chief Investment Office (CIO) undertake a range of risk, strategic and/or general financial management activities to enable BNY to maintain or improve/maximise its financial and prudential position. The CIO function is specifically responsible for management of interest rate positioning of the firm and optimising income.

1. Job Purpose:

The functional purpose of the role is to provide a key component in meeting Compliance's responsibility as a part of the second line defence to:

• Provide advisory, monitoring, training, oversight & challenge to business lines and, where relevant, partner functions;
• Ensure business line and business partner functions are provided with accurate and timely advice in relation to regulatory compliance issues;
• Work with business lines and partner functions to assist them in addressing the impact of regulatory changes;
• Help to manage BNY's relationship with relevant regulators; and
• Seek to embed a compliance culture and conduct model throughout the organisation.

1. General Responsibilities:

• Focus on providing Compliance advisory support to the BNY Markets FX and Fixed Income business lines.
• Deputise for the Co-Heads of EMEA Head of Markets, CCM and Corporate Treasury/CIO Compliance where required;
• Assist the Co-Heads of EMEA Markets, CCM and Corporate Treasury/CIO Compliance to manage staff within teams. To the extent possible ensure that team members remain motivated, have clear paths of growth and development identified, minimise attrition and seek to deepen the skills and knowledge base of the team and raise their respective profiles;
• Work with business lines and business partner functions to assist them in dealing with the impact of regulatory change and to develop and implement policies and procedures to accommodate regulatory change;
• Work with other Compliance professionals across the broader EMEA Compliance team to ensure co-ordinated and complete delivery of services and effective communication of relevant information and observations.
• Develop strong and where required integrated working relationships with other regional compliance officers in the U.S. and APAC;
• Manage and oversee the control process validation to help ensure compliance with relevant regulations;
• This includes providing technical advice on the application of financial services regulation to relevant business lines;
• Support the business in managing BNY's relationship with relevant regulators, including overseeing the provision of information to the regulators and responding to reports issued by regulators;
• Ensure representation of compliance related issues and provide appropriate challenge at relevant internal meetings where acting as alternate to the Head of Markets and Corporate Treasury Compliance;
• Represent Compliance and provide appropriate challenge at relevant external meetings where required;
• Provide technical compliance support to business and corporate projects as required, including those relating to regional governance, acquisitions/divestitures, remuneration, and new tax initiatives etc. , ensuring timely and robust input and challenge by team members; and

1. Governance Responsibilities

• Contribute to the effective governance of the entities operating within the EMEA region. Play an active role in offering constructive challenge and helping to support relevant governance venues. Facilitate and encourage informed and constructive debate on key issues and ensure that members of fora, committees, respective Boards and the Head of Compliance EMEA receive relevant management information in an accurate, timely and clear manner;
• Help to ensure that a strong governance and compliance culture is embedded within the region, that issues are escalated and cascaded appropriately and that key risks are identified, discussed and mitigated; and Build a good understanding of the EMEA governance framework, including escalation requirements