Compliance Specialist, Risk Management

5 hours ago


Pune, Maharashtra, India BNY Full time
About BNY

At BNY, we empower our employees to grow and succeed in a dynamic and inclusive environment. As a leading global financial services company, we touch nearly 20% of the world's investible assets, fostering a culture that values diversity, equity, and inclusion.

Role Overview

We are seeking an experienced Compliance Specialist to join our Enterprise Wide Functions Compliance team in Pune, India. This role is an exciting opportunity for a skilled professional to make a meaningful impact in risk management and regulatory compliance.

Key Responsibilities
  • Risk Identification and Analysis: Identify, analyze, and monitor areas of risk related to Compliance and regulatory change, coordinating with global Compliance and business teams.
  • Policy Verification and Reporting: Verify practices against policies, prepare management reports, counsel business personnel on compliance with policies, and provide advice on conflicts of interest situations.
  • Incident Management: Support incident/suspicious activity reporting processes, ensuring timely escalation of issues, and providing credible challenge on root cause analysis and remedial action.
  • Regulatory Research and Development: Analyze existing and proposed legislation, regulatory announcements, and industry practices to help businesses develop and implement procedures meeting existing and upcoming requirements.
  • Training and Awareness: Deliver targeted face-to-face training on high-risk compliance topics, increasing the culture of compliance and awareness of Compliance Policies for coverage areas.
  • Administrative Support: Provide administrative support to senior members of the department in creation and maintenance of relevant records, contributing to the collation and presentation of metrics indicating the effectiveness of BNY's Business Compliance program across India.
Requirements
  • Familiarity with Financial Services Industry Regulators: Good understanding of US, European, and other regional regulators and regulations.
  • Communication Skills: Excellent verbal and written communication skills in English, with the ability to understand compliance policies and process assigned tasks in accordance with procedures.
  • Work Experience: 3-5 years of total work experience, preferably in Financial Services, Audit, Compliance, or Technology, with experience in financial services compliance and/or assigned products, services, or business lines/areas.
  • Data Analysis: Experience working with large data sets and strong Excel skills.
  • Alertness: Alert management immediately of any significant changes to business risks and internal controls effectiveness.
Benefits

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey, focusing on your health, personal resilience, and financial goals as a valued member of our team.

Salary Range:

The estimated salary for this role is ₹12,00,000 - ₹18,00,000 per annum, depending on experience and qualifications.



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