Compliance Risk Assessment Manager

Responsibilities

• Supports the U.S. Compliance Risk Assessment lead with managing and facilitating the U.S. Compliance Risk Assessment and reports up into the U.S. Head of Compliance Programs
• Supports the management of the Compliance Risk Assessment framework to ensure the applicable regulatory compliance risks and internal controls are identified and assessed to determine the risk profile for in scope laws/regulations as they pertain to respective businesses and across legal entities
• Supports the facilitation of the Compliance Risk Assessment and manages the assessment process, including ensuring timely and quality completion of the assessment through the lifecycle stages
• Provides subject matter expertise and leadership to Oversight Functions and other assessment participants and serve as single point of contact for stakeholders on assessment methodology, guidance, and applicable leading practices
• Where necessary, support Oversight Functions and their covered businesses with defining and logging regulatory issues and/or remedial action plans
• Support the review and interpretation of aggregated results and identify methodology deviations, quality deficiencies and potential points of challenge
• Support program reporting analytics and insights in collaboration with the Compliance Data Analytics and Insights team
• Assist with continuous enhancements to the target state design and methodology of the Compliance Risk Assessment framework
• Possesses strong functional knowledge of U.S. banking regulations (e.g., Federal Reserve) as well as banking products and services. Additionally, a risk management / internal control mindset to apply and assess risk identification / mitigation is essential.

• Undergraduate degree or equivalent work experience
• 7+ years of experience
• Minimum of 7 years of prior regulatory, compliance, and/or risk management experience
• Familiarity with conducting a Compliance Risk Assessment preferred
• Experience working with top tier banks in large scale, cross-functional regulatory remediation
• Familiarity with developing and implementing regulatory compliance risk management frameworks and programs, including Compliance Risk Assessment and regulatory controls management
• Strong knowledge of laws, rules, regulations, risks and taxonomies related to consumer and commercial banking, securities (broker-dealer), and wealth management businesses
• Excellent written, verbal and analytical skills
• Highly motivated, strong attention to detail, team oriented, organized
• Strong interpersonal and presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging; ability to influence and lead at a senior level
• Ability to work collaboratively with cross functional partners across the three lines of defense
• Ability to navigate a complex organization
• Demonstrates advanced proficiency in desktop tools including, but not limited to, Microsoft Office Suite.