Managing broker job description

BNYM's global Financial Crimes Compliance group is responsible for the Firm wide Anti-Money Laundering (AML)/Know Your Customer (KYC)/Customer Due diligence (CDD) and Economics Sanctions Compliance (collectively "FCC") Program. The team provides oversight of the day-to-day and strategic implementation of the Firm's enterprise-wide financial crime prevention efforts. This includes providing the appropriate governance, oversight and execution of the Firm's FCC programs. Part of the responsibility includes providing expertise, guidance and support/challenge to all BNY Mellon businesses globally on KYC/CDD policies and requirements, including the various dedicated KYC utilities that assist the businesses in implementing KYC/CDD requirements globally.

As a senior leader of the Global FCC Compliance Program, this role provides oversight/challenge and guidance to the Broker Dealers, Markets, and Investment management businesses' applicable obligations globally. This senior role applies financial crimes regulatory knowledge and financial services industry experience in order to continually enhance and sustain a robust set of requirements, and the provision of advice on an ongoing basis. The incumbent must work effectively with multiple stakeholders within the institution to enhance their understanding of compliance and overall enterprise risks, as well as the risk management and implementation of mitigating; serve as a solution champion and a lead subject matter expert in the area of financial crimes compliance (including USA PATRIOT Act/Bank Secrecy Act and various EMEA and APAC AML regulations).
Description:

* Works with Broker Dealers, Markets, and Investment Management to enhance their understanding of compliance and overall enterprise risks, as well as the risk management and implementation of mitigating controls. Based on assessments of controls, advise business units on the implementation of improvements and the completion of appropriate documentation when control changes are made.
* Analyzes existing and proposed legislation, regulatory announcements, and industry practices in order to advise BNY Mellon businesses, and other stakeholders on developing and implementing procedures to meet existing and upcoming requirements and verify compliance with complex regulatory and policy requirements; make recommendations on compliance risks as well as benchmark Compliance processes and workflows against evolving industry standards.
* Provides enterprise-wide advice on entire business units' strategy changes to further improve their ability to remain in compliance with or become compliant with organizational policies and regulations.
* Participates in the governance and oversight of firm-wide efforts to plan, coordinate, and track the implementation of the financial crimes program standards, including periodic refresh, and related regional standards.
* Represents the company with respect to key controls in internal, external, and regulatory audits and examinations.
* Serves as a solution champion and a lead subject matter expert in Financial Crimes Compliance (including USA PATRIOT Act/Bank Secrecy Act (BSA)/AML) as it pertains to specialized products such as digital/virtual asset products/services.
* Assists in preparation of guidance materials and senior management presentations.

Qualifications

* Bachelor's degree or the equivalent combination of education and experience is required. MBA, JD or professional certification preferred.
* 15+ years of total work experience, with 5-7 years of management experience, preferred. Financial Services, Audit or Compliance background and/or experience with financial services compliance and/or experience with the assigned products, services or business lines/areas and the pertaining laws, regulations and rules of relevant regulators preferred..

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Wedgewood Homes, an award-winning, real estate group that operates in 22 states and more than 800 cities across the United States, believes in the value of 'home' and the importance of providing home ownership opportunities. Wedgewood Homes' acquisition, renovation, and resale model utilizes local vendors and services, community real estate professionals, and nearly four decades of experience to revitalize neighborhoods, one home at a time. Employing a sustainable and strategic design approach, Wedgewood Homes specializes in restoring homes and placing them back on the market, providing new homeownership opportunities for thousands. Wedgewood, the parent company of Wedgewood homes and Wedgewood Homes Realty, has been in business since 1985.
Why you should apply:


Wedgewood offers our team members a competitive compensation, 401K, and traditional benefits like medical, dental, and vision. We also have many additional perks:

INVEST WITH US - With Wedgewood's In-house Investment Programs, you get to participate in the growth and profitability of the company through our in-house investment programs. STUDENT LOAN PAYDOWN - Wedgewood recognizes the importance of quality education so we have partnered up with Gradifi to assist you with your student loans. MAKE A DIFFERENCE - This is a great place to contribute to the community! Through our volunteer service, sustainable initiatives, charitable giving, and work with local universities, Wedgewood provides opportunities throughout the year for its employees to give back to the community for the greater good. WORK HARD - PLAY HARD - You can expect to get invited to various company sponsored events throughout the course of the year. Past events have included sporting events , happy hour, parking lot BBQs, bowling and bocce ball tournaments, office theme parties, and more.


About the role:


A dynamic leader in the Single Family Residential investment space, Wedgewood Homes began as a small team more than three decades ago. Built on the strength of our collective market expertise and cutting edge infrastructure, Wedgewood Homes is a national leader in short term property investment. With collaboration at the core of our purpose, Wedgewood Homes Realty has been created to support Wedgewood Homes, introduce brand identity and is committed to fostering and supporting the power of the Agent. We intend to redefine the brokerage space by providing tangible value to agents seeking a different way of doing business.

We're looking for a Managing Broker passionate about real estate investing who's highly committed to growth. In this role you will be an integral part of supporting our redevelopment efforts by managing assignment and tracking of our enhanced listings. We're expanding Wedgewood Homes Realty into Texas and are looking for a broker who wants to recruit and grow a team of real estate agents into top producers. Backed by local listings and acquisitions for the largest short-term investor of single family residences Wedgewood Homes Realty, this is a dynamic position where you'll have the opportunity to do acquisitions and bridge the gap between the traditional brokerage model, prop-tech, and real estate investment.

As a managing broker, you'll be responsible for growing Wedgewood Homes Realty by overseeing organizational brokerage operations and training new agents. This role requires strong collaboration and coordination with management and regional administrative team to execute on strategies and provide high-level service to the Company's internal and external partners. Collaborate internally with necessary departments to ensure exceptional performance of company assets and to grow agent generated production. Perform all duties in accordance with the company's policies and procedures, all US state and federal laws and regulations, wherein the company operates.

What you'll do:
Supervise, train, and coach real estate agents and agent teams. Utilize performance metrics to assess agent analytics and strategy. Oversee the assignment of designated listings based on analytics and prior agent performance Establish and oversee brokerage operations that support Wedgewood Homes. Engage with internal teams to integrate compliance between the brokerage and Wedgewood Homes Responsible for addressing agent concerns, liaison as needed between departments with regard to industry requirements and core business. Supports agent execution on transactions, document preparation, and client strategy. Leads audit workflow and transaction management in collaboration with the Corp compliance team. Leverages company resources to successfully convert leads into clients and transactions. Assist in the development of recruiting processes and procedures that support the core business with ability to scale. Lead on complex transactions that require high-level oversight and care Contribute to integration between acquisition and resale departments and the brokerage operations Maintain an understanding of Wedgewood Homes buying criteria Assist in the acquisitions of investment properties sourced by agents Remain current on Texas Real Estate Commission regulations, real estate law, and local housing laws and ordinances. Informs internal departments, agents, and staff on all compliance updates and ensure agents abide by guidelines. Have a keen interest in and high level experience in real estate compliance activities including a deep knowledge and understanding of legal obligations of real estate professionals under the state and federal law, Department of Commerce Rules & Regulations, Department of Housing and Urban Development, the NAR Code of Ethics and MLS Rules and Regulations
What you'll need:
At least 5+ years of experience as a licensed, actively practicing agent or effectively managing a team of producing agents TREC Broker's license Member of NAR Ability to manage and lead a team Strong understanding of the real estate industry, Fair Housing guidelines, and real-estate laws to ensure compliance Knowledge of real estate systems (I.E. kv CORE, Brokersumo/CORE BackOffice, Skyslope, CRMs, MLSs, etc) Excellent customer service and communication skills Strong collaboration skills Personal effectiveness/credibility Flexibility Technical proficiency Ability to maintain composure in stressful situations Strong attention to detail Excellent communication skills, both written and verbal Organized and able to multi task with interruptions Requires the ability to read, speak and understand work instructions and safety notices in English


Wedgewood occupies 50,000 square feet in a state of the art headquarters in Redondo Beach, California and has been named Company of the Year by the city. Wedgewood has additional office locations in Las Vegas and Dallas, and along with smaller offices throughout the country.
Wedgewood is an Equal Opportunity Employer and welcomes applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.
APPLY TODAY
, Let's start your future with Wedgewood!