Chief Compliance Officer (Cco), Investment Management

Overview

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 #LifeAtBNYMellon is all about.

We’re seeking a future team member for the role of Chief Compliance Officer (CCO), Investment Management to join our Compliance organization. This role will be based in New York or London.

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

• Leads a global team of professional staff and more junior managers responsible for overseeing and managing the worldwide administrative, operational and financial aspects of the Investment Management Compliance function
• Sets organizational compliance policies and business practices and develops common compliance methodologies.
• Advises on entire business units' strategy changes to further improve their ability to remain in compliance with or become compliant with organizational policies and regulations.
• Maintains extensive knowledge of regional/jurisdictional differences in laws, policies and regulations and appropriately requests the advice of regional/jurisdictional experts, as needed.
• Establishes the overall compliance strategy and protocols for enforcing and monitoring compliance efforts for the organization, assigns routine monitoring responsibilities to professional staff and more junior managers.
• Leads professional staff and more junior managers in completing highly complex, detailed analyses of existing and proposed legislation, world regulatory events and announcements and industry practices in order to identify opportunities for business unit and regional/ jurisdictional alignment with the global compliance strategy.
• Leads and manages the assessment and validation of global control processes to ensure compliance with laws, rules and regulations.
• Leads and is responsible for efforts to develop a strong compliance culture among senior business unit managers and increase organizational awareness of compliance roles and responsibilities within the assigned region/jurisdiction.
• Maintains strong relationships with senior regulators and government officials and appropriately escalates high impact issues raised by these contacts to executive leadership.
• Independently addresses issues with a high-risk level and high potential financial impact for the organization.
• Manage a combination of direct team members as well as CCOs & their teams across Investment Management legal entities.
• Support Investment Management legal entities can meet their respective compliance obligations whilst operating within the overall Group compliance framework.

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

• Ability to lead and motivate a diverse team spread across BNY Mellon’s global footprint.
• Bachelor‘s degree or the equivalent combination of education and experience is required. MBA, JD or professional certification preferred.
• 15+ years of total work experience, with 5-7 years of management experience, preferred. Financial Services, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred.

At 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 Index
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score
• 100 Best Workplaces for Innovators, Fast Company
• CDP’s Climate Change ‘A List’

BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $250,000 and $360,000 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 BNYM 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.

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.

Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
EEO Statement:
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.