GrpMgr, Compl&Control

BNY Mellon
New York, USA
Feb 18, 2022
Feb 22, 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Fund Compliance Job Description

The position will be in the Fund Chief Compliance Officer Group which supports a Fund Compliance Program for the BNY Mellon Family of Funds and BNY Mellon Funds Trust (collectively, "Funds") to satisfy SEC Rule 38a-1 of the Investment Company Act. The Funds ($350 billion AUM) are advised by BNY Mellon Investment Adviser, an indirect subsidiary of Bank of New York Mellon Corporation.

The position is based in New York, will report to the Deputy Fund Chief Compliance Officer within the group and work with other compliance professionals in the group.

  • Analyze Fund Service Providers' Compliance Programs:
    • Perform reviews of Service Provider policies and procedures (20%)
    • Due diligence of Service Provider procedures (20%)
    • Assist in review of compliance reports, questionnaires, certifications and other documents received from Service Providers (20%)
  • Perform periodic risk and compliance assessments of policies and procedures (20%)
  • Develop and perform testing procedures (10%)
  • Maintain due diligence documentation for group (10%)

Qualifications should include:
  • BS or MBA
  • At least 7-10 years of related experience (with at least 5 years of investment adviser or investment company compliance experience)
  • JD, CPA or CFA a plus.
  • Previous compliance experience working for a Fund CCO preferable.
  • Previous experience performing due diligence of investment advisers a plus.
  • Previous compliance experience at a registered investment adviser acceptable.
  • Experience in internal audit at financial services firm a plus if in combination with above compliance experience.
  • Strong knowledge of SEC regulation of investment advisers and investment companies with strong understanding of mutual funds.
  • Ability to modify Compliance Program to changes in regulatory or corporate requirements.
  • Prior experience in oversight of written policies and procedures.
  • Knowledge and understanding of SEC Rule 206(4)-7 for advisers and SEC Rule 38a-1 for investment companies.
  • Ability to interface effectively with BNY Mellon Corporate partners, BNY Mellon Legal, Investment Managers and other Service Providers.
  • A proactive, self-starter work style and able to interact with people with varied personalities and work styles.
  • Candidate must have excellent written, oral and presentation skills.
  • Candidate must have strong PC skills (Office) and ability to interface effectively on systems issues.
  • Travel required for on-site due diligence visits.

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