BNY Mellon Compliance Control Associate Chennai
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Company Overview – BNY Mellon
BNY Mellon (The Bank of New York Mellon Corporation) is one of the oldest and most respected financial institutions in the world. Known for its innovation in investment services and global asset management, BNY Mellon operates in over 35 countries. Its India offices, especially in Chennai, Pune, and Bengaluru, have global hubs for finance, compliance, and risk operations.
Job Description: Associate – Compliance & Control II
The Associate – Compliance & Control II is tasked with aiding the risk and compliance division of BNY Mellon’s operations. Areas of focus involve monitoring, auditing, and reporting on compliance activities for the organization aligned with its policies and external regulatory standards. You will have stakeholder interactions in risk mitigation, compliance, and gap closure in processes. This is a data-based role with no programming elements, suited for meticulous and organized graduates.
Roles & Responsibilities
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Oversee, monitor, and evaluate internal control functions
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Oversee that all activities are within the set policies and guidelines
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Ensure compliance with all legal and contractual obligations
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Investigate discrepancies, escalations, or other concerning issues
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Create and manage reports for audit, compliance, and regulatory reporting
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Create and manage reports for audits, compliance, and regulatory reporting
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Prepare and maintain calibration and control check records
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Interact with the participants for the respective test and for the risk identification and mitigation program
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Prepare reports on spreadsheets or dashboards as directed
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Adhere to SLA timelines as well as compliance breach reporting pathways for escalation
Required Skills and Qualifications
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High level of proficiency with analytical and problem solving
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Proficient with Microsoft Excel use, specifically with VLOOKUP and Pivot Tables
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Basic understanding of compliance benchmarks including KYC/AML policies
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Thoroughness regarding compliance and process orientation
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Ability to articulate verbally and in written form and effective communication skills
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Must be a team player or self-starter
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Document control and other audit related software and documentation
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Bachelor’s degree in Commerce, Business Administration, Business Management, Bachelor of Science, Arts, or Masters in Business Administration, or Commerce with finance exposure
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Open to freshers and candidates with up to two years of experience
CITI Bank Hiring Officer – Payment Operations | 2025
Preferred (Not Mandatory)
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Previous internship or exposure in risk & compliance, audit, or finance operations
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Prior experience in back-office roles with multinational corporations
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Certifications in domains such as AML, KYC, or risk control, if available
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Proficient in Oracle, SAP, Tableau, or GRC tools
Application Steps
Through the link, you can access the website:
https://www.bnymellon.com/careers
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Look for: “Compliance and Control II – Chennai”
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Go to the listed position and apply through the portal
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Register/Login, and provide your latest resume
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Search for the position and submit your details and complete the application form
Interview Process
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Resume Evaluation
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Initial HR Interview Screening Call
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Online Compliance/Compliance Situation Evaluation Test
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Operational and Compliance Interview
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Final Interview with Management and HR
Salary and Compensation
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For Freshers: ₹4.2 – ₹5.8 LPA (educational background and skills based)
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Experienced (1–2 years): ₹5.5 – ₹7.2 LPA
Add-ons:
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Performance-based bonus
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Shift allowance (if applicable)
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Gratuity, PF, and insurance coverage
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Remote work setup (for hybrid model)
Work Model and Location
Location: Chennai, Tamil Nadu
Work Hours: Regular day shift or business unit-dependent rotational shifts
Work Model: Hybrid / On-site
Department: Compliance & Risk Operations
Benefits at BNY Mellon
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Paid Time Off (PTO) and Earned Leave
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Sponsored health insurance, wellness initiatives, and dedicated mental health programs
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Access to internal training platforms and awarded e-learning certifications
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International mobility and eligibility to IJP (Internal Job Posting)
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Shift work transport aid for late shifts (if applicable)
Why Join – Freshers or Experienced?
If you’re new to the field or an experienced professional, this position provides:
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Access to the fundamental banking and risk functions of the company
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An opportunity to work for a multinational corporation
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Exposure to global compliance frameworks and their international standards
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Systematic training and continual assistance for skill development
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Serving as an initial position for more advanced roles in risk, audit and compliance
Interview Tips
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Revise the audit and compliance fundamentals
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Revise the terms KYC, AML and SOX compliance
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Be ready for Excel tasks and formula questions
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Prepare for behavioral and situational logic questions
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Be confident in your back end role job motives and speak transparently about your resume
Resume Preparation Tips
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For freshers, keep the resume to one page and well structured
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Include relevant internships, academic work and certifications
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Include audit, AML, Excel, controls and compliance support in the resume
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Use honest and accurate details. Do not fabricate anything
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Include a compelling career objective
Apply now: Associate, Compliance & Control II
Final Takeaway
For everyone looking for fresh starts, the BNY Melon Associate – Compliance position can serve as a career catalyst.
Seeking an opportunity in the risk and compliance area with an internationally recognized bank. A newly graduated student seeking an MNC for their first job or a budding professional trying to enter professional world of finance in corporate finance circles; this role is a tremendous start.
Final Thought
In today’s market, risk and compliance, audit and control functions seem to have a plethora of open positions.
For new graduates, starting their career with BNY Mellon offers a unique opportunity, breadth of learning, and unmatched exposure in an industry leading firm. Apply today and shape your future in financial operations.
What is the Associate – Compliance & Control II Role at BNY Mellon?
Overview of the Role
At BNY Mellon we have the Associate – Compliance & Control II which is an inroad into the fields of financial compliance, internal controls and risk management in one of the world’s most reliable investment banks.
Ideal Candidate
This is a great fit for fresh out of school graduates and early career professionals looking for a behind-the-scenes role in a top tier MNC.
Core Responsibilities
In this position you will:
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Carry out control audits
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Support audit preparation
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Do compliance data checks
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Help ensure that all operational teams are in line with internal policy and regulation
Impact of the Role
What you do will play a role in:
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Risk reduction
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Accuracy of financial reporting
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Regulatory integrity
Key Collaborations
You will work with:
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Global compliance officers
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Internal audit teams
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Senior control managers
You will also support projects related to:
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KYC compliance
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SOX controls
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AML watch
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Reporting of breaches or process failures
Tools and Skills Used
This role includes work with:
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Excel-based documents
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Regulatory research
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Detail-oriented tasks
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Control testing
Career Pathways
This is a great springboard into future roles such as:
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Internal Auditor
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Compliance Analyst
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Risk Manager
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AML Specialist
FAQs
Q1: Is this job suitable for freshers?
Absolutely. Freshers with an appropriate degree and basic knowledge of Excel are qualified.
Q2: Will there be any night shift?
Some teams have night shifts, however most teams work regular hours.
Q3: What documents are needed to apply?
Current resume, educational certificates, government issued ID, and Aadhar card (for verification purposes).
Q4: Is there any assistance for relocation?
Not typically for freshers, could be project specific or in the realm of HR policies.
