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Associate, Compliance & Control II - job post

The Bank of New York Mellon Corporation
3.5 out of 5 stars
Maharashtra
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Job details

Job type

  • Full-time

Location

Maharashtra

Full job description

We’re seeking a future team member for the role of Specialist 2, Compliance & Control to join our Compliance team. This role is located in Pune.

In this role, you’ll make an impact in the following ways:

  • Support day-to-day efforts related to assessing whether assigned areas comply with relevant laws, rules, regulations, and policies, ensuring control mechanisms are deployed as expected
  • Assist with monitoring and reporting of established controls and implement new control procedures in response to regulatory changes or compliance issues under minimal supervision
  • Suggest changes to improve work processes and guide lower-level peers on procedures, reviewing the quality of their work
  • Research and collect data on compliance and control-related activities, compiling data into usable formats and conducting basic preliminary analyses
  • Review and verify that activities align with overall control procedures and compliance strategy
  • Independently prepare reports for management on compliance status and assign report development tasks to junior staff
  • Counsel business personnel and management on compliance improvements and alignment with established controls and goals
  • Identify and address compliance issues, interfacing directly with peers and escalating complex issues as needed
  • Provide technical support for assessments of control effectiveness and produce data to support risk-based reviews of regulatory requirements
  • Recommend process improvements and contribute to team objectives

To be successful in this role, we’re seeking the following:

  • Bachelor’s degree or equivalent combination of education and experience
  • 3-5 years of total work experience preferred
  • Experience with Financial Services Industry regulations, compliance operations, or auditing preferred
  • Experience with financial services compliance and/or assigned products, services, or business lines and relevant laws, regulations, and rules preferred

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