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BNY · 1 month ago

Sr. Director, Compliance & Financial Crimes Audit

240 Greenwich Street, New York, NY, 10286, US

Full-time

Onsite

Director/Executive

$136K/yr - $250K/yr

15+ years exp

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. They are seeking a Senior Director, Financial Crimes and Compliance Audit to lead the Global Financial Crimes & Compliance Audit team, responsible for developing and executing a comprehensive audit assurance program focusing on Financial Crimes and Regulatory Compliance.

Financial Services

Responsibilities

Lead a large portfolio of businesses or a specialized audit group covering Financial Crimes Compliance (FCC), including BSA/AML Independent Testing, and Regulatory Compliance; set vision, priorities, and execution standards

Be directly accountable for the accuracy, clarity, and timeliness of information on risk management quality and internal controls delivered to Executive Management and the Board of Directors

Develop and maintain relationships with executive management, peer groups, external auditors, and regulators; represent the audit function credibly and constructively in senior forums

Ensure the quality and consistency of the group’s work and drive divisional initiatives, goals, and continuous improvement

Apply diverse experience across businesses, specialties, and geographies to bring objective judgment and a multi-faceted view of risk and control

Own end-to-end leadership of FCC and Regulatory Compliance audit coverage, including audit execution, issue validation, and regulatory issue validation as required

Be responsible for the quality of ongoing risk assessment; evaluated on decision-making quality, business/specialty knowledge, and sound judgment

Act as an agent to the Global Head of Financial Crimes and Compliance Audit, leading the management team in planning and mapping corporate-wide audit planning and strategy

Translate strategic direction into a robust Audit Universe, Risk Assessment, and Audit Plan that prioritizes high-value, high-risk areas across FCC, Regulatory Compliance, and broader audit portfolios

Manage assigned and limited resources to complete the Audit Plan with appropriate coverage of key risks; optimize delivery by leveraging technology, data, and cross-team capabilities

Maintain audit independence while providing constructive advisory input to enhance control effectiveness and operational efficiency

Lead FCC coverage including BSA/AML Independent Testing and associated regulatory compliance domains; ensure high-quality execution, clear issue origination, robust validation, and timely closure

Oversee testing strategies and continuous monitoring across AML, Sanctions, Fraud, Anti-Bribery/Corruption, and related compliance programs; challenge remediation plans and verify sustainable closure

Contribute to the annual compliance plan, resource prioritization, and transformation roadmap across FCC and Surveillance programs

Enhance reporting to compliance leadership and governance committees with KRIs/KCIs, thematic insights, root-cause analyses, and trend reporting across FCC and Surveillance

Lead global Surveillance Program initiatives covering Market Abuse/Trade Surveillance (e.g., insider dealing, market manipulation), E-Communication surveillance (email, chat/collaboration platforms), and Voice surveillance (recorded lines/telephony), including policy, standards, control design, and operating effectiveness

Drive end-to-end surveillance program enhancements: coverage and risk assessments, scenario design and tuning, lexicon/model calibration, threshold governance, QA frameworks, metric/KRI design, alert quality improvements, and sustainable remediation

Oversee second line testing, continuous monitoring, and issue validation for surveillance controls; identify meaningful issues impacting business processes and challenge remediation plans to verify closure

Partner with technology and model owners on surveillance platform governance (use-cases, data lineage/quality, thresholds, model risk considerations, periodic calibration, back-testing, and documentation)

Strengthen conduct risk controls and market integrity by aligning surveillance programs to regulatory expectations (e.g., MiFID II conduct and recordkeeping, SEC/FINRA rules, broker-dealer and swap dealer obligations)

Demonstrate recognized subject matter expertise across multiple domains; provide global coverage where applicable

Maintain close engagement with departmental managers and senior stakeholders to enable early risk identification, thematic control solutions, and a 'no surprises' environment

Establish operating rhythms with Senior Management to stay aligned on current operations, emerging risks, and future direction; use outputs to develop risk-based audit recommendations

Build and maintain key client relationships; serve as a trusted advisor while preserving audit independence

Meet regularly with the OCC, FRB, and other regulators as appropriate; keep senior leadership informed of developing issues, supervisory expectations, and regulatory priorities

Maintain collaborative, professional contact with external auditors; coordinate effectively and assist their work where appropriate while preserving independence and accountability

Partner closely with regulatory exam management for supervisory interactions and preparedness, including playbooks, artifacts, and metrics

Drive knowledge sharing and intellectual capital development across specialized technical areas within the audit function

Participate in cross-governance relationships and activities to align methodologies, enhance controls, and reduce duplication across audit, risk, and compliance

Maintain constructive relationships with governance partners, regulators, and external auditors to strengthen risk coverage and control effectiveness

Cascade training and guidance across regions and teams; maintain up-to-date knowledge of industry best practices and evolving supervisory expectations

Monitor business, regulatory, and financial developments and related risks across multiple lines of business; anticipate risk migration and control implications

Rapidly understand business strategies, products, processes, and applicable regulations; develop practical, risk-based audit recommendations and challenge management on root cause and sustainability

Solve complex problems with flexible, creative solutions while managing multiple major initiatives simultaneously

Investigate unexpected situations; provide comprehensive analysis, root cause insights, and pragmatic resolution paths

Carry out ad hoc tasks and projects as directed by compliance senior management

Manage teams of senior auditors, including financial and human resource management

Provide clear work guidance, performance feedback, and career development advice; motivate employees to achieve functional objectives and uphold high standards

Assess and develop resources with a focus on diversity, equity, inclusion, succession planning, training and development, and timely feedback

Manage a high-performing team of GFC&C and Surveillance SMEs; elevate consistency and quality and foster cross-border knowledge transfer

Contribute significantly to the function’s strategic direction; provide key insights and recommendations to the Chief Auditor and leadership team

Directly impacts the achievement of overall functional objectives; accountable for audit goals and objectives across a large region or key businesses, potentially global in scope

Audit findings may have significant financial, operational, regulatory, or reputational impact on assigned geographies or businesses

Responsibilities may be adapted based on local regulations, supervisory expectations, and organizational needs

Qualification

Financial Crimes ComplianceRegulatory ComplianceRisk AssessmentInternal ControlsSurveillance MethodologiesStakeholder ManagementCritical ThinkingProblem SolvingData-Driven AuditingContinuous AuditingQuality Assurance FrameworksModel Risk ManagementBSA/AML Independent TestingLeadershipCommunication Skills

Required

Bachelor's degree or equivalent combination of education and work experience required

15+ years of total work experience with 5–7+ years of people leadership/management experience; prior mid- to senior-level audit leadership experience strongly preferred

Core skills: risk assessment, internal controls, FCC and Regulatory Compliance, surveillance methodologies, regulatory engagement, stakeholder management, critical thinking, problem solving, and the ability to interpret and challenge analytics and technology results

Preferred

Degree in accounting, finance, engineering, computer science, data/analytics, law, or relevant specialty preferred

Advanced credentials preferred: CRCM, CIA, FRM, CAMS, or related certifications

Preferred: experience in complex financial services environments; market abuse and communications surveillance; data-driven auditing; continuous auditing/monitoring; QA frameworks; model risk and control design in surveillance platforms; BSA/AML independent testing