Head of Client Asset Oversight
BNY
Head of Client Asset Oversight
BNY
Safeguards and moves assets for investors
BNY Pershing is seeking an experienced Head of Client Asset Oversight (PCF-45) to provide independent oversight of the firm’s client asset framework and help ensure compliance with applicable Irish regulatory requirements.
This is a senior leadership role with responsibility for overseeing the governance, control, monitoring and client asset framework supporting the safeguarding of client assets. The successful candidate will act as a key subject matter expert and partner to senior stakeholders across Operations, Risk, Compliance, Legal and the business, helping to maintain a strong control environment and effective regulatory engagement.
In this role, you’ll make an impact by:
Working closely with key stakeholders to embed a strong culture of accountability, challenge and continuous improvement
To be successful in this role, we’re seeking the following:
Experience updating a CAMP or similar client asset governance/control document
Preferred qualifications:
Experience managing external examinations, internal audit reviews, or regulatory inspections
Regulatory note
This PCF role will be subject to your ongoing compliance, to our satisfaction, with the Central Bank’s fitness and probity standards and any other applicable requirements relevant to your role This PCF position, for the purposes of Section 23 of the Central Bank Reform Act 2010, will require approval to be granted by the Central Bank of Ireland before a candidate commences employment.
BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.
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