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
Didn't find what you're looking for? Search again!
Loading more jobs...