REGULATORY ANALYSIS AND REPORTING REPRESENTATIVE I
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 Regulatory Analysis and Reporting Representative I to join our Markets Regulatory Onboardingteam. This role is located in Pittsburgh, PA, and will work a Hybrid schedule (3 days per week in-office required).
In this role, you'll make an impact in the following ways:
The Markets Regulatory Onboarding team within BNY Mellon helps coordinate and facilitate the onboarding of Markets clients ensuring that all documentation has been collected and validated in accordance with various Global Regulatory regimes.
The team plays a central role in supporting the Sales and Trading functions by ensuring that clients are 'Good to Trade'. The team ensures all documentation has been collected and validated in accordance with various Global Regulatory regimes such as Dodd Frank, MIFID, EMIR etc. The team works with the business, Legal, Compliance and technology teams to collect, validate and enter regulatory data to internal systems thereby enabling clients to trade. Additionally, the team manages daily control reports to ensure that any missing regulatory documentation is identified and collected in a timely manner.
The team also supports Regulatory Change projects to implement robust BAU processes and control frameworks for new regulations coming down the pipeline as well as handling any required regulatory remediation projects.
Obtain and review the appropriate documentation and reference data, and ensures regulatory aspects are completed prior to opening accounts
Inputs and verifies accuracy of information
Work with internal stakeholders and, occasionally, directly with clients to access documentation requirements and reference data
Supports more senior team members in maintaining the appropriate risk culture. Examines reports for accuracy, consistency, and compliance against regulatory mandates.
Oversee daily control reports designed to identify missing regulatory documentation and work with appropriate stakeholders to monitor, escalate and remediate exceptions
Review documents and coordinate with all internal support groups, business managers, and external parties to ensure documents meet certain compliance requirements
Identify significant gaps or quality issues in onboarding processes and makes recommendations for improvement
Marshal firmwide resources (product, technology, marketing, compliance, teams, etc.) to ensure client needs are being addressed
Act as an SME for regulatory projects that impact Client Onboarding – these will include data centric projects as well as regulatory change projects
Ensures all SLAs are met
No direct reports.
Helps develop and contributes to the achievement of team objectives.
To be successful in this role, we're seeking the following:
High school/secondary school or the equivalent combination of education and experience is required
Bachelor's degree preferred
1-2 years of total work experience preferred
Regulatory Reporting experience is highly desirable
Ability to identify key issues, to summarize them efficiently, and to escalate them in an appropriate and timely manner
Strong ability to establish strong interpersonal relationships, confident communicating at all levels with key decision makers in the departments across locations
Ability to prioritize, multi-task and work under time pressure
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.