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BNY Mellon
,
London, Greater London
Newton - Compliance Monitoring Analyst
Overview
Job Description
Key Responsibilities: Responsible for assisting with the execution of the Newton compliance monitoring plan to include: o Planning monitoring assignments and executing them in a timely manner in line with the agreed monitoring plan and BNYM Global Compliance Monitoring methodology o Conducting the pre-scoping exercise for each monitoring review (including meeting with key stakeholders), documenting the scope o Conducting all field work, evaluating risk and processes and procedures, documenting all testing and sampling. o Compiling and organising all review documentation and testing output to ensure a clear audit trail o Drafting reports and agreeing issues with stakeholders o Working though the QA process and liaising with the Head of Compliance, the Monitoring Manager and key business stakeholders to confirm and document the monitoring issues and actions o Chasing of issue / action closures o Ongoing input of monitoring work to, and maintenance of, the corporate monitoring system o Demonstrating clear sense of accountability in performing the role. Contributing to the Compliance Department's assessment of the regulatory risks faced by Newton Involvement in ad hoc Compliance projects and tasks as appropriate Representing the monitoring team at governance committees and forums as required and/or preparing monitoring MI Assisting with oversight and management of temporary monitoring resources, including summer interns Providing any other compliance support as agreed and appropriate Management of own ongoing training schedule alongside core role of monitoring review work. #LI-DB2 Key Skills/requirements: Solid Compliance background, preferably in 2nd line risk based / thematic monitoring or possibly audit Demonstrate understanding of the remit and role of the 2nd line of defence and of Compliance review work in general Good level of knowledge of UK regulatory requirements essential, covering topics such as Market Abuse, Conflicts of Interest, TCF, Dealing and Managing, Best Execution, Financial Promotions Able to build and maintain relationships with key business stakeholders of all levels Able to synthesise, organise and evaluate large amounts of information, think logically and identify potential risks Experience of applying monitoring methodologies / audit methodology within financial organisations, preferably within the investment management industry Well organised self-starter, able to prioritise quickly and adapt to tight timeframes and meet deadlines Able to walk through processes and procedures and detect possible control weaknesses to target testing appropriately A good attention to detail balanced with ability to see a wider perspective. #LI-CT1