Sr. Director, Compliance & Financial Crimes Audit

Senior Director, Financial Crimes and Compliance Audit

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We're seeking a future team member for the role of Senior Director, Financial Crimes and Compliance Audit to join our Global Financial Crimes & Compliance (GFC&C) Audit team. This role is located in New York.

Reporting to the Managing Director, Financial Crimes and Compliance Audit (GFC&C), is a senior member of the Internal Audit management team responsible for developing and executing a comprehensive, best in class global program of audit assurance focusing on Financial Crimes and Regulatory Compliance across businesses and regions.

Role Overview

• 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.

Audit Leadership and Execution

• 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.

Financial Crimes and Regulatory Compliance Oversight

• 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.

Surveillance Program Leadership

• 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).

Risk, Controls, and Stakeholder Engagement

• 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.

Regulatory and External Auditor Interaction

• 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.

Knowledge Sharing and Cross-Governance

• 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.

Business Insight and Recommendations

• 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.

People Leadership and Resource 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.

Impact and Scope

• 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.

Qualifications

• Bachelor's degree or equivalent combination of education and work experience required.
• Degree in accounting, finance, engineering, computer science, data/analytics, law, or relevant specialty preferred.
• Advanced credentials preferred: CRCM, CIA, FRM, CAMS, or related certifications.
• 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: 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.

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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 assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $136,500 and $250,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $136,500 and $250,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.