VP Compliance Testing - Broker-Dealer Compliance

Company: Michael Page
Location: New York
Posted on: October 27, 2024

Job Description:

Help establish best in class risk and controls by testing and monitoring the broker dealer program of one of the largest financial services companies in NA.Client DetailsOne of the top 10 largest financial services firms in the world. Description

• The Monitoring and Testing Team sits in Core Compliance and covers the the firm's and certain global businesses, working with regional testing teams across the globe
• This Compliance Officer will also support other aspects of the Core Compliance program as needed
• Execute the annual Compliance testing and monitoring plan
• Lead testing engagements, sometimes concurrently and independently, from scoping to final workpapers and report issuance
• Prepare workpapers for each test in accordance with firm standards
• Prepare comprehensive reports for management that highlights the scope, testing approach and the overall results and findings of the compliance testing review
• Build relationships with Key Stakeholders and communicate deficiencies of the test findings in advance of report issuance
• Oversee remediation of gaps identified in the testing process and track issues to closure
• Support issues management development and tracking of Compliance-identified findings
• Participate in special projects as they arise to enhance compliance functions
• Work closely with other support functions and the business areas to support a culture of compliance across the firm
• Execute Branch Inspections
• Assist in identifying areas for enhanced monitoring or training
• Works independently and is accountable for managing a specialized compliance area, business or function and leads a team of specialists
• Subject matter expert for a functional area
• Key contact for business management, regulators and external/internal auditors, dealing with non-routine information
• Focuses on short to mid- range planning (e.g
• 6-12 months)
• Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
• Domestic Travel - Occasional
• Performing sedentary work - Continuous
• Performing multiple tasks - Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds - Occasional
• Sitting - Continuous
• Standing - Occasional
• Walking - Occasional
• Moving safely in confined spaces - Occasional
• Occasional
• Lifting/Carrying (over 25 lbs.)
• Squatting - Occasional
• Bending - Occasional
• Kneeling - Never
• Reading, writing and comprehending instructions - Continuous
• Adding, subtracting, multiplying and dividing - Continuous
• We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new roleProfile
  • BA/BS, or a similar degree, required
  • Strong Knowledge of operations, finance, regulatory reporting, sales and trading, and applicable rules and regulations, and the ability to learn new areas while supporting them
  • Knowledge of US laws, rules and regulations pertaining to Swap Dealers, including Dodd-Frank and Volcker
  • Excellent interpersonal, organizational, leadership and communication (oral and written) skills
  • Ability to thrive in a fast-paced, deadline-driven environment, including by demonstrating excellent time management and planning skills, along with the ability to handle multiple assignments at the same time
  • Client service skills - the candidate must demonstrate the judgment and ability to closely partner with and advise senior and line managers and other stakeholders on regulatory interactions
  • Strong analytical skills, attention to detail, solid judgment, and the ability to evaluate complex regulatory business issues
  • Project management skills and ability to manage multiple work streams involving different partners and groups
  • Ability to interact effectively with all levels of the organization and to work collaboratively on teams of varying size
  • A relationship builder with the ability to establish, develop and maintain effective working relationships with regulators and with business and functional partners at the firm
  • Proficient in Word, Excel and PowerPoint
  • The VP Compliance oversees/leads a team(s) of specialists/professionals providing advice, guidance and expertise on regulatory requirements and assisting business units to manage their regulatory risk
  • Manages regulatory reviews including inquiries, audits, and exams
  • Bachelors degree or progressive work experience
  • 5-7 Years of related experience
  • Lifting/Carrying (under 25 lbs.)
  • Concentrating for long periods of time - Continuous
  • Applying common sense to deal with problems involving standardized situations - ContinuousJob OfferChance to join a top organization during a time when growth and improvement of the compliance program are the primary objectives for the firm. MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Keywords: Michael Page, New Britain , VP Compliance Testing - Broker-Dealer Compliance, Sales , New York, Connecticut