Responsible for assisting with the execution of the Newton compliance monitoring plan to include: oPlanning monitoring assignments and executing them in a timely manner in line with the agreed monitoring plan and BNYM Global Compliance Monitoring methodology oConducting the pre-scoping exercise for each monitoring review (including meeting with key stakeholders), documenting the scope oConducting all field work, evaluating risk and processes and procedures, documenting all testing and sampling. oCompiling and organising all review documentation and testing output to ensure a clear audit trail oDrafting reports and agreeing issues with stakeholders oWorking though the QA process and liaising with the Head of Compliance, the Monitoring Manager and key business stakeholders to confirm and document the monitoring issues and actions oChasing of issue / action closures oOngoing input of monitoring work to, and maintenance of, the corporate monitoring system oDemonstrating clear sense of accountability in performing the role.
Contributing to the Compliance Department's assessment of the regulatory risks faced by Newton
Involvement in ad hoc Compliance projects and tasks as appropriate
Representing the monitoring team at governance committees and forums as required and/or preparing monitoring MI
Assisting with oversight and management of temporary monitoring resources, including summer interns
Providing any other compliance support as agreed and appropriate
Management of own ongoing training schedule alongside core role of monitoring review work. #LI-DB2
Qualifications Key Skills/requirements:
Solid Compliance background, preferably in 2nd line risk based / thematic monitoring or possibly audit
Demonstrate understanding of the remit and role of the 2nd line of defence and of Compliance review work in general
Good level of knowledge of UK regulatory requirements essential, covering topics such as Market Abuse, Conflicts of Interest, TCF, Dealing and Managing, Best Execution, Financial Promotions
Able to build and maintain relationships with key business stakeholders of all levels
Able to synthesise, organise and evaluate large amounts of information, think logically and identify potential risks
Experience of applying monitoring methodologies / audit methodology within financial organisations, preferably within the investment management industry
Well organised self-starter, able to prioritise quickly and adapt to tight timeframes and meet deadlines
Able to walk through processes and procedures and detect possible control weaknesses to target testing appropriately
A good attention to detail balanced with ability to see a wider perspective.
#LI-CT1 BNY Mellon is an Equal Employment Opportunity Employer. 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.