Vice President, Compliance & Control (Taiwan)

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center 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 future team member for the role of Vice President to join our Taiwan Compliance team reporting to the Taiwan Country Compliance Head. This role is in Taiwan - Taipei (Hybrid working model).

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

Assist the Taiwan Country Compliance Head in developing, implementing and enforcing an adequate and consistent bank-wide overall compliance framework (regulatory compliance and financial crime compliance) including:

• Analyzes existing and proposed legislation, regulatory (i.e. Banking Bureau and FSC licensing, outsourcing etc.) announcements and industry practices relevant to the Taiwan Branch and BNY businesses and identify gaps, develop and implement controls, processes and procedures to meet existing and upcoming requirements ensuring compliance with all applicable laws, rules and regulations.
• Provide local regulatory compliance and AML/CTF advice and guidance to the first line of defense (1LOD) on local regulatory / AML regulatory issues and application of policy requirements to their business lines and customers, as required.
• Preparing, maintaining, reviewing and improving current compliance and AML/CTF related policies, regulations, guidelines, code of conduct, standards of good practice applicable to the Taiwan Branch.
• Review and challenge business line compliance / AML/CTF policies, standards, and procedures, at implementation and subsequent review.
• Work closely with business units and other relevant stakeholders to maintain and set standard for the execution of relevant compliance and FCC projects and enhance the performance of the overall compliance framework.
• Coordinate the relevant examination/ reviews being conducted by regulators, external, consultants, external or internal auditors
• Responsible for assisting the business units to bring them into compliance with complex regulatory and policy requirements.
• Engage with Global and Regional program teams to support implementation/execution of controls enhancements including ensuring all changes adhere with appropriate local regulation(s). 
• Review and challenge to ensure timely submission and completion of compliance risk assessments, institutional risk assessments, outsourcing assessments, regulatory reports and surveys and internal compliance and audit requests.
• Contributes to the preparation of time sensitive reporting and appropriately escalates issues to Taiwan Country Compliance Head and management. 
• Represent BNY at relevant external industry forums, as required, to ensure awareness of industry developments and market practice.
• Lead the training and education for the assigned business unit(s) on risk management and compliance requirements. Collaborates with the business unit(s) to develop the appropriate training materials.
• Provide guidance to more junior team members, as needed. Contributes to the achievement of team objectives. 

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

• Bachelor‘s degree or the equivalent combination of education and experience is required. Business or Finance degree preferred. 
• 7-10 years of total work experience preferred. Financial Services, Audit or Compliance background and/or experience with banking/financial services compliance, FCC/AML/Sanctions and/or experience with the assigned products, services or business lines/areas (Markets experience/exposure) and the pertaining laws, regulations and rules of relevant regulators preferred.
• Strong Banking (Banking Bureau and FSC) regulatory knowledge (including Accountability regime, licensing, outsourcing requirements)
• Bilingual in English and Mandarin (both written and spoken)
• Strong team player and communicator
• Nimble and ever-ready to face challenges

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.