Senior Compliance Officer

BNY Mellon
Boston, USA
30 Apr 2022
18 May 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

Newton Investment Management North America, LLC is a registered investment adviser and an indirect subsidiary of the Bank of New York Mellon Corporation. Newton Investment Management North America along with its affiliate, Newton Investment Management Ltd., provides discretionary and non-discretionary investment advice to institutional clients, including US and global pension funds, sovereign wealth funds, central banks, endowments, foundations, insurance companies, registered mutual funds, other pooled investment vehicles and other institutions. Its current office locations include London, Boston, New York and San Francisco.

The Senior Compliance Officer will be based in Boston and report directly to the Chief Compliance Officer of Newton Investment Management North America and provide support to the global compliance framework.

Key Responsibilities

Assist and support the CCO in the maintenance and the ongoing effectiveness of the Newton North America Compliance team as a second line of defence function.

Provide advice and guidance to the business and key stakeholders with regards to SEC and CFTC compliance requirements and respond to ad hoc business requests for assistance and providing regulatory advice in line with regulations and where appropriate, industry best practice.

Provide regulatory analysis and identification of regulatory risks in the review of all existing and new business initiatives and developments and to represent the Risk and Compliance department at business committees or working groups.

Assist with the implementation of regulatory development/change projects, working collaboratively with the business to facilitate appropriate impact risk assessments, gap analysis and to ensure implementation requirements are executed to a high standard and in a timely manner.

Assist with the review of financial promotion and advertising material.

Assist and advise all parts of the business with regulatory audits and investigations, whether from regulators or internal audit.

Assist with the preparation, review and completion of internal and external regulatory reporting as required, including corporate reporting to BNY Mellon.

Represent the Newton North America Compliance department as necessary at client meetings due diligence meetings.

As a senior member of the team build a close working relationship with the global business as well as colleagues as well as the broader BNY Mellon teams.

Assist in the day-to-day activities of the Compliance Advisory Team including required sign-offs and approvals for client certifications.

Ensure the team's maintenance and the ongoing effectiveness and implementation of all compliance policies and procedures.

Be responsible for the team's ongoing maintenance, enhancement, development and delivery of compliance training programs and activities so that they remain current and employees have appropriate compliance knowledge and awareness.

As a senior member of the team, promote good conduct and culture by embedding high standards within the advisory team and wider function.

Make an effective contribution to the Newton North America Risk department.

Contribution to governance

Provide management information or deep dive analysis to governance committees and senior management to demonstrate compliance or to highlight issues or trends where appropriate.

Assist the CCO in providing reports and escalation of issues as required to the Newton North America and BNY Mellon IM governance committees as required.

Attend governance committees or oversight groups as necessary, providing effective contributions as a representative of the Risk and Compliance Department.

Key Requirements

Minimum experience of 7 years of working within the financial services industry, with knowledge and good understanding of SEC and CFTC rules preferred.

Knowledge of asset management compliance program related rules and regulations

Strong analytical and problem-solving skills

Highly organized and detail-oriented

Excellent communication skills (oral and written), with the ability to work on multiple tasks simultaneously


Flexible team approach

IT skills (Microsoft applications)

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