Job Description
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 Reporting Manager to join our BNY Pershing Business on a Fixed Term Contract. This role is located in Manchester or Liverpool and is Hybrid.
BNY Pershing provides a broad range of financial business solutions to investment banks, broker-dealers, wealth managers, financial planners, and advisers across EMEA. We provide sophisticated front-end technology and flexible middle office capabilities with execution, settlement, and custody services. These are supported by a robust regulatory and compliance framework with dedicated client asset experience and expertise.
In this role, you will make an impact in the following ways:
- Accountability for all regulatory reporting including the related interpretations, issues and deadlines for the UK entities.
- The position will sit on BNY wide regulatory forums and project groups and will interact on a regular basis with external parties such as regulators, auditors, industry associations and internal parties such as treasury colleagues, compliance and risk departments, systems specialists, group regulatory department and local entity management with front line regulator liaison.
- Daily monitoring of key liquidity and capital resources against internally assessed threshold requirements to ensure overall financial adequacy rule is met.
- Review and present quarterly regulatory returns to senior managers / CFO for approval for submission to the FCA, CBI, DNB etc.
- Preparation of monthly capital packs with commentaries for presentation at the monthly Global Capital Review call with PNJ senior managers.
- Keeping abreast of regulatory developments to ensure continued compliance with MIFIDPRU regulations and provide impact analysis to stakeholders.
- Support the overall internal capital adequacy and risk assessment (ICARA) process, coordinate and drive the wind-down planning process, provide SME input into the formulation of stress test assumptions and computation of impact to capital and liquidity threshold requirements.
- The role will also provide leadership and direction to a team of regulatory reporting professionals that are based in Manchester and Chennai (India).
To be successful in this role, we’re seeking the following:
- Significant experience and commercial awareness in the Financial Services industry
- Adaptable, flexible and proactive
- Strong leader with proven record
- Good communication and interpersonal skills
- Good decision maker, responsible and accountable
- Deadline driven with effective time management and ability to work under pressure
- Client orientated and results focused
- Able to manage risk in a highly regulated and controlled environment
- Ability to establish and develop effective relationships
- Highly motivated, fast learning and proactive with an ability for problem solving
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.
About Us
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
About The Team
Pershing provides critical business process, financial and technology solutions for financial organizations around the globe. We operate behind the scenes to power transformational change for broker-dealers, registered investment advisors, independent financial advisers, hedge fund and '40 Act fund managers and individual investors. We strive to be innovators, developing open architecture technology and financial solutions to support our customers' growth. We advocate on behalf of our customers and help them respond to regulatory reform and drive positive outcomes for our industry and investors. From our core business as an industry-leading trade execution, clearing and custody provider, we have evolved into a global multifaceted firm that provides investment solutions, forward-thinking technology-driven efficiencies, practice management and service excellence.