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Director, Managing Counsel- Financial Crimes Legal (Anti-Money Laundering)

Posted Mar 22
Full Time
Pittsburgh, Pennsylvania

Job Description

_Bring your ideas. Make history.

_ BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.

With over 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what is all about.

We’re seeking an experienced attorney who will be responsible for advising the Firm on anti-money laundering matters with particular focus on U.S. AML laws and regulations. The position is in the Financial Crimes area of the Legal Department and sits within the Anti-Money Laundering, Sanctions and Anti-Bribery & Corruption (ASA Legal) team. The attorney will provide strategic legal advice on high-risk matters and global initiatives.

This role is located in the Pittsburgh, PA office.

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

  • Providing timely legal advice and assistance to Financial Crimes Compliance, Risk and business partners on matters related to the Anti-Money Laundering Act of 2020, the USA PATRIOT Act, Bank Secrecy Act, the European anti-money laundering directives (AMLD) and other global equivalents.
  • Reviewing, interpreting, and advising on relevant laws and industry best practices pertaining to anti-money laundering.
  • Assisting on matters involving sanctions and anti- corruption such as responding to OFAC administrative subpoenas or other global equivalents.
  • Supporting the Company’s investigative units, including Enforcement & Investigations, AML Transaction Monitoring Team, and Financial Crimes Legal Investigations Team.
  • Advising with respect to select special projects arising from the administration of a 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.
  • Advising on advocacy in connection with contemplated and proposed laws, rules and regulations.
  • 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 be a highly experienced attorney, ideally having 8-12 years prior relevant work experience in the areas of anti-money laundering and related areas preferably in the legal department of a corporation; prior law firm or related government experience is a must.
  • Familiarity with OFAC regulations and other sanctions regimes, U.S. Foreign Corrupt Practices Act (FCPA), UK Bribery Act, and other global equivalents a plus.
  • Proven leadership capability and change agility are essential.
  • Interaction with non-U.S. counsel is frequent so experience working for or with an international company is preferred.
  • Strong interpersonal and communication skills are important as is a knowledge of issues impacting the banking and financial services industry.
  • The ability to concisely present factual and legal issues to myriad audiences and provide sound and succinct recommendations to senior leaders is essential.
  • The candidate must also be able to function as a trusted advisor to control functions and business line managers.
  • Attorney must be licensed to practice law and a member in good standing in in the state/jurisdiction in which the position is based or otherwise in compliance with the in-house counsel registration rules of that state/jurisdiction.

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.

About Us

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: