Newton Senior Compliance Manager Job
Newton Senior Compliance Manager (Job Number: 1304573)
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
This Compliance Manager will report to the Firm's Chief Compliance Officer and will work with the compliance team and across the firm to (1) proactively identify, measure, and monitor compliance risk, (2) to coordinate and manage the US registered adviser's compliance program and (3) manage and coordinate remediation of risk issues and assist with implementation of a cohesive compliance program for an FSA/SEC dually registered adviser. This position will interact directly with the Chief Compliance Officer and other senior management in the firm's business units.
Responsibilities
Specific responsibilities will include:
* Coordination with Corporate Compliance and firm compliance in the development and maintenance of inventory of critical laws and regulations and associated controls for the firm's SEC compliance program.
* Documentation and maintenance of both the SEC and FSA compliance programs.
* Administering and coordinating appropriate monitoring and forensic testing and developing appropriate reporting to senior management, committees and the firm's board.
* Execution of testing, baseline reviews, risk assessments and related analyses, as necessary.
* Active engagement in remediation of internal and external audit issues with regards to US regulations.
* Assisting business lines with compliance risk management of respective business activities.
* Promoting and influencing sound compliance practices within the firm.
* Coordination, management, and participation in any regulatory examinations.
* Supporting US business development initiatives and overseeing marketing office located in NYC.
* Providing training and education to staff regarding US regulation, compliance with the Investment Advisers Act, the 1940 Investment Company Act, and ERISA.
Requirements
* The ideal candidate will have relevant experience within in the US asset management industry in a senior compliance role. Comprehensive knowledge and experience in practical application of the US federal securities laws, particularly the Investment Advisers Act and the Investment Company Act, and the attendant compliance requirements necessary. A law degree and/or recent regulatory experience in overseeing registered investment advisers with the SEC would be a plus.
* A working knowledge of ERISA (Employee Retirement Income Security Act) and familiarity with SEC (Securities and Exchange Commission) compliance for pension plan advisory services is required.
Qualifications
Key Qualities
* Strong leadership and partnering skills, persuasive.
* Self-starter with strong execution focus and ability to work independently as well as part of a team.
* Excellent communication and relationship building skills.
* Broad business acumen to identify and connect compliance risks across the organisation, as well as to recognise the firm's placement within the broader corporate organisation.
* Ability to effectively balance compliance versus business operations.
* Desire to learn and understand new areas.
* Ability to think outside the box and challenge the status quo.
Primary Location: United Kingdom-United Kingdom-Greater London-London
Internal Jobcode: 51482
Job: Audit/Compliance/Risk
Organization: Newton-HR06148
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