Compliance Officer II Job recruitment

Compliance Officer II (Job Number: 1204309)

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com.

Pershing LLC (member FINRA, NYSE, SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent approximately five million active investors. Financial organizations, investment professionals and independent registered investment advisors depend on Pershing's depth of experience and consultative approach to provide them with forward-thinking solutions that help them to grow their businesses. Located in 21 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange, and its international affiliates are members of the Deutsche Bvrse, the Irish Stock Exchange and the London Stock Exchange.

Description

Manages compliance efforts for the Company as they relate to moderately complex regulatory and policy requirements. Analyzes existing and proposed legislation, regulatory announcements, and industry practices, and helps businesses develop and implement procedures to meet these requirements. Validates control processes to ensure compliance with laws, rules and regulations. Assists business unit managers in response to reports issued by regulatory agencies or audit.BA/BS, MBA or professional certification preferred.

The associate will be responsible for conducting complex money laundering and fraud investigations, drafting Suspicious Activity Reports, reviewing AML surveillance alerts and exception reports, reviewing and approving high risk account openings and assisting associates with AML and Compliance issues. The ideal candidate should have a thorough understanding of U.S. AML and OFAC regulations, the ability to draft policies and procedures, experience with CIP rules and guidance, an understanding of AML surveillance programs and experience conducting money laundering and fraud investigations. Basic understanding of brokerage products and services is required. The candidate will interface with internal business units, participate in governance committees, and liaise with external broker-dealer clients. The candidate will create and deliver firm-wide AML training. Candidate should have previous experience dealing with regulators and/or examiners and should be familiar with handling responses to regulatory and/or law enforcement inquiries.

BA/BS, MBA or professional certification preferred. 5 years relevant product/financial services and/or auditing or compliance experience. Thorough knowledge of AML rules and regulations. Excellent problem solving, analytical ability, oral and written communication skills. The ability to manage stressful situations with internal clients and regulators, while maintaining a professional approach to problem solving. Ability to effectively communicate with senior management and regulators

Qualifications

7-10 years relevant product/financial services and/or auditing or compliance experience. Thorough knowledge of Financial Services rules and regulations. Strong problem solving, analytical ability oral and written communication skills. The ability to handle stressful situations with internal clients and regulators, while maintaining a professional approach to problem solving. Ability to effectively deal with senior management as well as, Federal/State and other Regulators.

- Series 7 license preferred. Must have worked at a broker dealer

- Fluency in Spanish is a plus

- Thorough knowledge of AML rules and regulations, including OFAC

- Excellent problem solving, analytical ability, oral and written communication skills.

- The ability to manage stressful situations with internal clients and regulators, while maintaining a professional approach to problem solving.

- Previous AML/Look-back project experience a plus

- Basic understanding of securities trading or operations or both

- Computer proficiency and knowledge of LexisNexis (or similar) required

- Proficiency with Actimize, Mantas, SearchSpace or similar surveillance system required

- Ability to multi-task, adapt to new changes and rapidly confront new challenges

- Good interpersonal, organizational, and analytical skills

- Strong work ethic

- Ability to work independently and in a team environment

Primary Location: United States-USA-New Jersey-Jersey City
Internal Jobcode: 23640
Job: Audit/Compliance/Risk
Organization: Pershing Domestic-HR06361