Senior Director - Liquidity and Financing Compliance Advisory

Senior Director - Liquidity and Financing 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 Director to join our Compliance team. This role is located in New York City, NY – HYBRID.

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

• Responsible for leading the ongoing development, implementation and refinement of a comprehensive compliance program for various aspects of our Liquidity and Financing business, with a focus on securities financing and prime brokerage activities.
• 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. Coordinate compliance regulatory examinations, including inquiries and audits, and participate in the coordination of response to these examinations.

To be successful in this role, we’re seeking the following: 

• 18 plus years of total work experience preferred.
• Financial Services, Audit or Compliance background including deep familiarity with securities lending, liquidity and cash management products and collateral management. 
• Strong familiarity with SEC and Federal Banking 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

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