Senior Vice President, Markets Compliance Advisory

Senior Vice President, Markets Compliance Advisory

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.    

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Senior Vice President to join our Markets Compliance team, covering Fixed Income and, Equities. This role is located in New York, NY –HYBRID.

In this role, you’ll make an impact in the following ways: 

• Responsible for supporting the ongoing development, implementation and refinement of a comprehensive compliance program for various aspects of our Markets business, with a focus on Fixed Income/Equities products.
• Provide daily compliance support to sales and trading personnel on real-time issues, business expansion deliverables, and regulatory guidance and rules.
• Evaluate new products and activities to ensure compliance issues are identified and remediated.
• Assess the inherent risk of business units as well as the effectiveness of mitigating controls in order to minimize the residual risk of reputational damage, regulatory consequences and other operational risk.
• Provide advice on relevant regulations and internal policies and procedures to internal stakeholders including trading and sales personnel and key support functions.
• Communicate new regulatory requirements simply and efficiently to affected business and other functions/stakeholders to ensure compliance.
• Responsible for assisting the business units by developing strategies to bring them into compliance with complex regulatory and policy requirements. Contribute to the development of recommendations for corrective action and issue tracking to ensure resolution efforts proceed timely and effectively.
• Develop and administer compliance training on applicable rules and regulations to business unit personnel.
• Maintains strong working relationships with outside regulators (SEC and FINRA). Coordinate compliance regulatory examinations, including inquiries and audits, and participate in the coordination of response to these examinations.
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To be successful in this role, we’re seeking the following: 

• 10-12  years total work experience preferred.
• Financial Services, Audit or Compliance background and experience with equities, fixed income and derivative products.
• Familiarity with SEC and FINRA rules and regulations.
• Bachelor’s degree or the equivalent combination of education and experience is required. Business or Finance degree preferred. 

At BNY, our culture speaks for itself. Here’s a few of our awards: 

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards: 

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $102,000 and $171,500 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. 
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.