Vice President, Compliance & Control II, Manager – K grade – India Compliance Surveillance - PuneBring your ideas. Make history. BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital. With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what#LifeAtBNYMellonis all about. We're seeking a future team member for the role of Vice President 'K' grade to join our India Compliance Surveillance team. This role will be based in Pune.Team Description:The Compliance Surveillance 2LoD team is multifaceted in that it is 1) structured to provide independent check and challenge over the 1LoD Trade, e-Communications, and Voice surveillance programs; and 2) responsible for the primary review and escalation of surveillance alerts[ZR1]of various business functions that are under surveillance. While the surveillance program is based on a partnership with the business; the function remains independent to ensure that the company and individuals within the company comply with relevant laws, applicable policies, regulations, market standards, and ethical norms while conducting business. Responsibilities:In this role, you'll make an impact in the following ways: Provides oversight for surveillance team across multiple disciplines and ensures employees are technically apt in carrying out daily responsibilities.Supports the day-to-day efforts related to assessing whether employees globally are in compliance with relevant laws, rules, regulations based on review of 1LoD closed surveillance alerts. Under minimal supervision, assists with the monitoring and reporting of established controls and the implementation of new control procedures in response to regulatory changes or compliance issues.As an experienced team member, suggests changes to improve work processes, counsel's employees and business personnel on compliance with policies and guides lower level peers on procedures and reviews the quality of their work.With minimal guidance, researches and collects data on compliance and control-related activities.Compiles data into a useable format for more senior team members and may conduct basic, preliminary analyses of collected data. Review the work completed by more junior support staff for accuracy and completeness.Reviews and verifies that the activities of the assigned areas are aligning with the overall control procedures and compliance strategy. With minimal guidance, recommend remedial action if/when issues arise within the team or found within the output of work conducted of the 1LoD.To lead, coach and motivate a team, which conducts independent Compliance SurveillanceTo conduct random supervisory reviews of the alerts to ensure the team is working as per guidelines.Stakeholder management, process management and liaising with different functions and different teams as and when required.Secondary responsibility may require conducting limited review of alerts from various queues that are brought under surveillance purview.Collaborate with various stakeholders, including the technology team regularly to refine the surveillance application and alert quality thereof.Provide and seek regular and timely feedback and escalate issues to the line manager and other appropriate stakeholders and track through closure.Review the process manual at least annually and come up with ideas to enhance process efficiency and reduce redundancyDocument the reviews and outcomes to ensure complete and accurate audit trail.Lead and participate in projects including UATs.Must be the subject matter expert in Surveillance including lexicon governance and documentationPrior management experience required.Should have an overall experience of 10-12 years in risk, compliance or audit function out of which at least 4-5 years should be working in Compliance Surveillance and leading a team of surveillance specialists.Should have knowledge of the Financial Services Industry, with a specific focus on surveillance.Excellent spoken and written communication skills in English and the ability to understand compliance policies and process assigned tasks in accordance with procedures.Bachelor's Degree required, preferably in Finance.Advanced MS Office skills.Requirements: To be successful in this role, we're seeking the following: A candidate with knowledge of and rationale for Compliance Surveillance, able to lead from the front, be a guide and mentor to the team.Must be experienced in stakeholder management and preferably should have participated in the exercise of lexicon refinement and/or governance to ensure reduction in false positive alerts.Solid understanding of investment instruments and a general knowledge of compliance conceptsAt BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards: Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion Bloomberg's Gender Equality Index (GEI)Human Rights Campaign Foundation, 100% score Corporate Equality IndexBest Places to Work for Disability Inclusion, Disability: IN – 100% score 100 Best Workplaces for Innovators, Fast CompanyCDP's Climate Change 'A List'Our Benefits: BNY Mellon 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
