Quality Assurance Vice President, Financial Crimes Compliance (FCC)

BNY Mellon
Lake Mary, USA
26 Nov 2022
10 Dec 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

Job Description

BNYM's global Financial Crimes Compliance group is responsible for the Firm wide Anti-Money Laundering (AML)/Know Your Customer (KYC)/Customer Due diligence (CDD) and Economics Sanctions Compliance (collectively "FCC") Program. The team provides oversight of the day-to-day and strategic implementation of the Firm's enterprise-wide financial crime prevention efforts. This includes providing the appropriate governance, oversight and execution of the Firm's FCC programs. The FCC QA Analyst is responsible for reviewing transactional activity generated by the transaction monitoring systems or any manual referrals made to the AML Operations team.

  • Perform QA testing on FCC Process (i.e.: closed investigations of alerts)
  • Provide insightful and objective observations based on the testing performed
  • Provide regular feedback relating to quality assurance reviews to QA Management on the quality and effectiveness of the execution of FCC processes
  • Conduct trend analysis on FCC errors
  • Provide recommendations on deficiencies within the processes
  • Assist in the implementation of AML/BSA detection and prevention methods, such as training and instruction manuals
  • Regularly review and provide recommendations of the QA procedures, as needed
  • Remain informed on key global regulatory, legislative and industry updates impacting financial crimes
  • Support the QA methodology and all the supporting documentation
  • Provide support in audit and regulatory requests, as needed

  • 5 + Years of overall Experience and more than 3 years of experience in Compliance / KYC / Financial Crimes in a global bank / financial institution preferred
  • Bachelor's Degree or master's degree within Finance / Accounting / Forensics / Engineering would be preferred; however, we are open to see applications from other studies as we provide an extensive training
  • Strong skills in MS Office products, specifically Outlook, Excel, PowerPoint, and Word
  • High level of integrity with the ability to deal with confidential and sensitive information with a high degree of professionalism
  • Good understanding of AML & CTF framework
  • Knowledge of Financial Crime Laws and regulations
  • Experience in conducting QA / QC reviews of AML activities
  • Good Verbal & written Communication Skills
  • Highly motivated, self-starter capable of working independently, with limited supervision
  • Excellent organizational, time management and project management skills
  • Excellent verbal and written communication skills (English)

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 35 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations, and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team.

At BNY Mellon, compliance is everyone's responsibility. Accordingly, compliance and ethical standards are core components of all business functions and are fundamental to the culture and values of the company. All decisions and actions on behalf of the company must adhere to the highest standards of integrity.

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.
  • You need to sign in to save