Senior Managing Counsel - EMEA Anti-Money Laundering, Sanctions and Anti-Bribery & Corruption (ASA) Legal and the International Suspicious Activity Response Team (I-SART)

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 #LifeAtBNY is all about.

We're seeking a Senior Managing Counsel - Head of EMEA Anti-Money Laundering, Sanctions and Anti-Bribery & Corruption (ASA) Legal and the International Suspicious Activity Response Team (I-SART) to join our EMEA Legal team. This role is located in Manchester or London - hybrid.

In this role, you'll make an impact in the following ways:

• Managing and providing training, guidance and leadership to a team of I-SART professionals responsible for investigating potential money laundering and other suspicious activity in EMEA, APAC and LATAM;


• Providing timely legal advice and assistance to Financial Crimes Compliance, risk and business partners on matters related the Proceeds of Crime Act (POCA), the European anti-money laundering directives (AMLD), USA PATRIOT Act, Bank Secrecy Act, OFAC / OFSI / EU sanctions regulations and other sanctions regimes, U.S. Foreign Corrupt Practices Act (FCPA), UK Bribery Act, and other global equivalents;


• Reviewing, interpreting, and advising on relevant laws and industry best practices pertaining to sanctions, anti-bribery and corruption, and AML;


• Reviewing and advising on sanctions, AML and anti-corruption language in contracts, attestation letters and reliance letters;


• Assisting Sanctions Compliance respond to any OFSI or OFAC requests or other global equivalents;


• Advising with respect to select special projects arising from the administration of the global AML program;


• Oversight of outside counsel advice (including timeliness and quality) on major deliverables;


• Frequent and timely reporting/escalation to senior management to ensure they are kept abreast of all matters of moderate to high, or else increasing, legal and regulatory risk;


• Assisting with responses to any global regulatory exams and other relevant inquiries, and internal audits;


• Participating in internal governance committees; and


• Informal knowledge-sharing within the legal team.

To be successful in this role, we're seeking the following:

The successful candidate will have an extensive amount of relevant work experience, which may include a law firm and/or legal department of a financial institution or regulator. Experience practicing law in the areas of economic sanctions, anti-corruption and related areas is preferred, although strong candidates with lesser experience will be considered. Proven ability and desire to lead and manage a team of professionals is required.

Other preferred experience includes:

• Familiarity with current global legal, regulatory and market trends and initiatives


• Strong knowledge of the financial services & banking industry and regulation;


• Experience of interactions with regulators and/or industry bodies; and


• Extensive experience of frequent interactions with legal and wider business/risk/compliance colleagues

Other technical skills that although not necessary would be preferential:

• Experience in and understanding of both the common law and civil law legal systems;


• High-level understanding of the global regulatory framework for financial institutions

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:

• Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion


• Bloomberg's Gender Equality Index (GEI)


• Human Rights Campaign Foundation, 100% score Corporate Equality Index


• Best Places to Work for Disability Inclusion , Disability: IN - 100% score


• 100 Best Workplaces for Innovators, Fast Company


• CDP's Climate Change 'A List'


• Forbes Blockchain 50

Our Benefits:

BNY Mellon 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 that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.