Senior Specialist, Compliance

**Job Purpose**:

- Assist the BNYM SA/NV (the European Bank) Money Laundering Reporting Officer (MLRO) in the fulfillment of:

- Regulatory obligations as required under applicable Belgian AML / CFT legislation and regulations
- BNYM applicable policy obligations (e.g., Global Anti-Money Laundering/Know Your Customer Policy, Global Economic Sanctions Policy)
- Act as back-up of the European Bank MLRO in her absence.

**Responsibilities**:
Provide support to the European Bank Money Laundering Reporting Officer in ensuring that the BNYM SA/NV AML framework is compliant with applicable AML/ CFT obligations in assisting in the following tasks:
Advisory:

- Provide financial crime advice and guidance to business / operational staff, as required;
- Review relevant financial crime related consultation papers and draft legislation / regulations / rules / guidance and co-ordinate a response, gap analysis and work with the business on implementation where appropriate;
- Provide input to training and awareness for European Bank staff and assist with the development of financial crime related training programmes as necessary;
- Review and approve relevant business procedures / manuals, including business updates following regulatory change;
- Assist businesses in ensuring that AML issues are addressed in the event of changes to systems, client take-ons, acquisitions and any other relevant projects;
- Review PEP and High Risk BNYM SA/NV relationships;
- Assist the business to prepare and review all relevant submissions for EMEA Anti-Money Laundering Oversight Committee (EAMLOC) in advance of monthly meeting;
- Prepare the monthly European Bank High Risk Client Advisory Group meeting documentations (agenda, papers);
- Provide monthly management information for inclusion in the European Bank Committees (to include Risk Management Committee, BNYM Executive Committee, Risk Committee of the Board and Board);
- Oversight of outsourced activities including: review and clearance of AML surveillance alerts, sanctions clearance, KYC outsourced to the AML Due Diligence Team and conduct sampling in relation to all outsourced activities;
- Coordinate, advise on and review relevant business AML & Sanctions, Anti-tax Evasion and Anti-Bribery and Corruption Risk Assessments;
- Keep up-to-date with EMEA-wide financial crime related developments and issues;
- Coordinate when relevant with MLROs of the European bank branches.

Compliance Monitoring:

- Oversight of BNYM SA/NV financial crime compliance monitoring plan;
- Tracking and follow-up of action items and recommendations made following AML compliance monitoring reviews;
- In coordination with the EMEA financial crime team (EFCT), conduct additional reviews to test the effectiveness of controls as directed.

Regulatory:

- Maintenance, review and update of the European Bank financial crimes compliance procedures.
- Preparation of regulatory reports (e.g. answers to the annual NBB AML questionnaire, annual MLRO report etc) as required
- Deal with relevant regulatory correspondence both to and from regulatory authorities, as part of regular reporting requirements, and on issues arising in respect of financial crime.
- Ensure internal SARs are reviewed and reported in accordance with policy and local laws and regulations

Generic Staff Responsibilities:

- Comply with all corporate policies and procedures within the department;
- Alert management immediately of any significant changes to business risks and internal controls effectiveness;
- Notify management immediately of any regulatory breach;
- Comply with health and safety policies and procedures operating within the business.

**Experience and Skills**:
Core Competencies:

- Adaptability;
- Communication;
- Customer Orientation;
- Interpersonal Skills;
- Judgment;
- Managing Risk.

Job -specific Competencies:

- Investigative and questioning nature:

- Excellent inter-personal skills;
- Excellent organisational skills;
- Ability to manage and prioritise workload;
- Ability to communicate orally and in writing with various levels of management.

Technical Skills/Knowledge:

- Strong prior experience in the field of financial crimes compliance,
- Strong analytical skills, problem-solving ability and attention to detail;
- Thorough knowledge of Financial Services rules and regulations.
- Strong problem solving, analytical ability oral and written communication skills.
- The ability to handle stressful situations with internal clients and regulators, while maintaining a professional approach to problem solving.
- Ability to effectively deal with senior management as well as, Regulators as required.

Academic/Professional Qualifications:

- Academic degree
- Relevant experience in Financial Crime.
- Languages: English as well as French and /or Dutch required

**BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.**

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