Overview
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 worlds top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 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, were approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
Were seeking a future team member for the role of Quality Assurance & Testing Analyst to join our BNY Pershing team. This role is in Chennai, Maharashtra HYBRID.

Responsibilities:
This role is critical for PAS to maintain a strong control environment that adheres to Regulatory Rules and Enterprises Holistic Risk Management Culture. Candidate is responsible for monitoring transactional activity of advisory clients, which includes, but not limited to:

• Advisor trading limits (FINRA Rule 15C3-5) - Monitor and approve intra-day trading limits for advisors.
• Order Management Rules Engine Administrator (B/D Risk Controls) - Escalation point for order management rules that prevents orders from going out to the marketplace for execution.
• Private Transactions (FINRA Rule 2121) - Monitor Private Transactions (PT) to ensure investors execution prices are in line with the prevailing market price of the security.
• VoV/PT Desk (FINRA Rule 15C3-5) - Review and approve intra-day trading desk limit request for advisory order flow.
• Review of Management Fees (OCIE Exam priority list)- Monitor management fees to ensure advisors are not charging excessive fees to their customers.

Assist the organization in readiness for three upcoming regulatory rules scheduled to go into effect May of 2024:
\xef\x83\x98 FINRA Rule 4210 Covered Agency transaction1 - Establish and monitor advisory firms activity, liquidation process, etc.
\xef\x83\x98 CAT/CAIS - Monitor and coordinate with appropriate partners across the organization to ensure that we are meeting our regulatory obligations.
\xef\x83\x98 T+1 Initiative - Monitoring allocation, affirmation, confirmation metrics both at the firm level and advisor level

To be successful in this role, were seeking the following:
Bachelors degree in business or a related discipline, or equivalent work experience required.
5-12 years of related experience preferred. Experience in the wealth management industry is required / highly preferred.
Amenable to work US Market Hours (8:00 AM - 5:00 PM),

At BNY Mellon, our inclusive culture speaks for itself. Heres a few of our awards:
Fortune Worlds Most Admired Companies & Top 20 for Diversity and Inclusion
Bloombergs 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
CDPs Climate Change A List

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 lifes 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.

Employer Description:
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 and 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: bnymellon.com/careers.