Senior Compliance Officer of Independent Risk Management – Senior Vice President

Senior Compliance Officer of Independent Risk Management – Senior Vice President

Requirements

• Demonstrated understanding of regulatory obligations such as: BCBS 75, SR 11-10, SR 20-12, Reg WW, Reg YY, SR 12-7, Regulation Q, BCBS 195, SR 11-7, FFIEC IT Handbook, and various other financial and non-financial risk related regulatory obligations, globally.
• Ability to manage multiple simultaneous tasks in a high pressure, deadline-driven environment.
• Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication.
• Qualified to collaborate with individuals across business units/lines.
• Ability to take ownership, initiative to negotiate, influence, build consensus and successfully navigate within a demanding and international environment of a leading global financial institution.
• Demonstrated global experience with compliance risk management skills in financial services related to investment services and investment advisory.
• Ability to evaluate and interpret the law, regulations, and regulatory guidance.
• Experience in data analysis, model risk management, relevant platforms and reporting software.
• Strong understanding of financial risk regulations and corporate governance standards.
• Strong written and verbal communication skills.
• Ability to work collaboratively globally with cross functional teams.
• Bachelor’s degree in finance. A Master’s, Law, or Ph.D., degree is a plus.
• 10+ years of experience in financial risk compliance management.

Responsibilities

• Support the development, implementation of the firm’s financial and non-financial risk compliance frameworks, ensuring alignment with the interpretations of applicable law, regulations, regulatory guidance, and industry standards through creating traceability and mapping documents.
• Evaluate, enhance, and execute the firmwide compliance risk management program as well as the execution and /or oversight of monitoring and testing activities while providing insights on proportionate risk mitigation approaches in the implementation of compliance risk management requirements.
• Execute an effective regulatory change management program that includes monitoring for new and amended regulations, standards, and guidance from primary regulatory authorities globally as well as working closely with IRM leaders to update relevant controls and drive regulatory readiness.
• Conduct compliance risk assessments and review and assess regulatory and compliance policy breaches and remediation.
• Ensure that all relevant, inherent, material, and residual compliance risks and issues together with remedial/mitigation actions are documented and reported appropriately to senior management in a timely manner.
• As appropriate, ensure accurate and timely reporting of risks, metrics, objectives & key results (OKRs) and other compliance requirements to governance fora to demonstrate compliance with regulatory obligations and satisfy internal reporting requirements on the effectiveness of the financial compliance risk management program.
• Assist in the management of relevant regulatory examinations, inquiries and prepare business leaders for reviews conducted by regulatory authorities.
• Educate personnel on applicable financial risk related regulatory obligations and firm policies.
• Prepare and present annual and periodic Compliance Risk Management Program reports/reviews to satisfy regulator, and internal management requirements, including Compliance Program Evaluations to support the Chief Compliance Officer’s aggregate State of Compliance Report.
• Participate in activities to enable the successful implementation of financial risk compliance management framework including identifying data requirements, key risk indicators, key performance indicators, OKRs, tools, and technology to support risk management and governance activities.
• Provide guidance to internal stakeholders on financial risk compliance management practices.
• Serve as a point of contact for internal and external stakeholders on financial risk compliance management matters.
• Develop financial risk compliance related training curriculums for business partners and employees.
• Be a role model of risk management excellence.

Preferred Qualifications

No preferred qualifications provided.