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Job Description

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the centre 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 welcome you to apply! When applying to this general posting, our expert BNY Talent Acquisition Team may also review your resume for consideration across other open roles within the company.

We’re seeking future team members for our Regulatory Oversight Management team with roles located in Pittsburgh, PA in Hybrid positions.

You’ll Make An Impact In The Following Ways

• This position provides analytic support for the remediation of derivatives regulatory reporting at the bank and supports the implementation of regulatory reporting changes.
• Perform analysis of various performance metrics and control reports, experience generating executive level MI.
• Work to use available tools to automate reporting requirements.
• Comfortable generating different views of MI data on the fly.
• Thorough knowledge of Financial Services rules and regulations, particularly derivatives transaction reporting.
• Demonstrated problem solving and analytical ability, and strong oral and written communication skills.
• Must be comfortable supervising small teams and projects and develop solutions for regulatory oversight management issues.
• Analyzes existing legislation, regulatory announcements, and industry practices for first line of defense compliance requirements.
• Helps businesses develop procedures to meet compliance requirements.
• Provide guidance and training to entry-level employees.
• Supports complex projects and provides insight on interpretation of regulations.

To be successful, we’re seeking interest in the follow areas:

• Bachelors degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.
• 5 - 7 years of total work experience preferred.
• Regulatory Knowledge
  • Broad knowledge of global regulations for swap dealer derivatives transaction reporting in North America, EMEA and APAC, and the ability to learn new regulations quickly and recognize how reporting issues have global overlap across jurisdictions. Familiarity with TRACE, MSRB, CAT reporting and performance metrics a plus.
• Systems Knowledge
  • Understanding of common order management systems for booking FX, Interest Rate, Fixed Income and Equity derivatives, such as Wall Street Systems, Summit, Murex, Bloomberg etc and their underlying data structures.
• Software/Skills
  • SQL knowledge and an understanding of database structure is needed. Use of SQL Server Management Studio to query MS SQL Server databases, including to parse XML and json messages into usable data will be needed to work with our regulatory data hub.
  • Experience using Alteryx to analyze data alone or in conjunction with BI software such as PowerBI to create fully automated reporting.
  • Advanced Excel knowledge including the use of PowerQuery and VBA macros.
  • Use of PowerPoint to create presentations and an understanding of effective visual communications.
  • Ability to write business requirements documentation for regulatory reporting changes and management reporting builds.

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

Global Operations is a client-service-driven organization whose talented and engaged team is dedicated to providing the most competitive services with the highest standards of ethics, quality and efficiency to our clients worldwide.