Job Description
Regulatory Onboarding Analysis and Reporting
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 is all about.
We're seeking a future team member for the role of Regulatory Onboarding Analysis and Reporting to join our TRR Change team. This role is located in Pune, India HYBRID (3 days/week in the Office).
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.
In this role, you'll make an impact in the following ways:
- Support projects that impact Client Onboarding these will include data centric projects as well as regulatory change projects.
- Implements the policies, procedures and controls that maintain the accuracy of data being reported. Implements plans and programs that help automate the onboarding process and eliminates control gaps.
- Supports more senior team members in maintaining the appropriate risk culture. Examines reports for accuracy, consistency, and compliance against regulatory mandates.
- Assists in root cause analyses to determine where there are control gaps. May contribute to the execution of programs to address them.
- Understands the Regulatory regimes pertinent to Markets onboarding for clients to be good to trade.
- Contributes to the development of validation processes for data, including assessment and monitoring of data quality issues. Executes validation processes. Participates in and oversees data cleansing/remediation activities.
- Prepares ad-hoc reports and delivers results to management and/or other leaders.
- Accountable for the attestation process. Independently signs-off on the integrity of the data delivered.
- Work with internal stakeholders and, occasionally, directly with clients to access documentation requirements and reference data
- Oversee daily control reports designed to identify missing regulatory documentation and work with appropriate stakeholders to monitor, escalate and remediate exceptions.
- Ensures all SLAs are met
To be successful in this role, we're seeking the following:
- Bachelor's degree or the equivalent combination of education and experience in business management / finance / computer science or related field is required.
- 5-7 years of total work experience, financial industry experience preferred. Regulatory Onboarding experience is highly desirable.
- Fluent in English
- Ability to identify key issues, to summarize them efficiently, and to escalate them in an appropriate and timely manner.
- No direct reports; provides guidance to more junior team members as needed.
- 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.
