Compliance Officer I Job
Compliance Officer I (Job Number: 1310097)
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. Additional information is available at www.bnymellon.com.
As one of the world's leading investment management organizations and one of the top U.S. wealth managers, BNY Mellon Investment Management combines agility, insight and scale to create and deliver strategies and solutions to address our clients' needs. Encompassing BNY Mellon's investment management firms, wealth management organization and global distribution teams, we draw on deep expertise to collaborate with clients and tailor our best ideas and resources to meet their specific needs. We pride ourselves on providing dedicated service through our network of global professionals who have a deep understanding of local requirements.
With our extensive experience in anticipating and responding to the investment and financial needs of the world's governments, pension plan sponsors, corporations, foundations, endowments, advisors, intermediaries, individuals and families, and family offices, BNY Mellon Investment Management is dedicated to helping clients reach their goals.
Description
We are seeking a Senior Investment Compliance Analyst to assist with daily compliance management and oversight of client investment guidelines.
The primary responsibility of the Senior Investment Compliance Analyst is interpreting investment guidelines, developing and testing compliance rules using CRD (Charles River Development), monitoring pre-trade/post-trade compliance alerts, investigating and resolving violations. This includes investment guidelines driven by the client, fund, MCM internal and BNY Mellon corporate policies, relevant regulatory agencies, and foreign jurisdictions.
The position reports to the Client Compliance Manager and will require daily interaction with portfolio managers, traders, client service representatives, legal and operations staff across all investment strategies and products. Additionally, the Senior Investment Compliance Analyst will interface with clients, internal and external auditors, regulatory examiners, and corporate risk and compliance officers.
Must display sound business judgment in driving results and creating and implementing creative business solutions to complex compliance issues.
Essential Responsibilities
- Perform detailed analysis of client investment agreements and seek clarification of guidelines from the business and client where necessary.
- Interpret and develop compliance rules based on investment guidelines
- Perform data requirement analysis and responsible for creating, maintaining and testing compliance rules using Charles River Development (CRD)
- Daily pre-trade and post-trade violation investigation, resolution, and investment restriction overrides. Analyze client investment guidelines to determine if a guideline breach has occurred. Work with portfolio managers to resolve guideline issues.
- Knowledge of the various laws, rules, and regulations governing MCM, its products and its clients such as Investment Advisers Act of 1940, Investment Company Act of 1940 and applicable ERISA regulation.
- Comprehensive knowledge of policies and procedures of MCM and BNY Mellon.
- Understand the firm's products and strategies.
- Timely completion of due diligence questionnaires and various client certifications while ensuring appropriateness and consistency of responses.
- Respond to inquiries from clients, employees and other MCM affiliates regarding compliance and related issues.
- Effectively communicate or present compliance issues to clients and firm personnel.
- Perform ad hoc projects.
- Provide training to Compliance Associate and Junior Compliance Associate.
Qualifications
BA/BS, MBA or professional certification preferred. 3-5 years relevant product/financial services and/or auditing or compliance experience preferred. Thorough knowledge of Financial Services rules and regulations. Demonstrated problem solving and analytical ability, and strong oral and written communication skills.
Primary Location: United States-USA-CA-San Francisco
Internal Jobcode: 23650
Job: Investment Management
Organization: Mellon Capital Management-HR06141
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