Senior Compliance Consultant Asset Management – Global Fiduciary Risk Oversight; Hybrid – See

Compliance Advisor

Work Arrangement/

Location:

This is a hybrid position requiring in-office work four days a week and will be based at Metro NYC, Radnor, PA, Wilmington, DE or Buffalo, NY.

Overview:
Complete Compliance Risk Management activities throughout the enterprise for their assigned area of responsibility. The Compliance Advisor will help develop, implement, and execute strategy of the workflow and performance of personnel to ensure processes are completed in an accurate and timely manner. The Compliance Advisor operates under the firm's second line of defense independent control function by executing program activities that prevent, detect and mitigate regulatory and compliance risk across the division.

Primary Responsibilities:

• Provide compliance oversight, support and guidance for Asset Management products and personnel in accordance with fiduciary standards, applicable laws, rules, regulations, and regulatory expectations
• Analyze and assess risk and control environment and provide relevant SME credible challenge, advice, guidance and oversight in strengthening and developing risk mitigation strategies and necessary controls
• Provide SME advice and guidance relating to relevant employee conduct, and associated supervisory framework
• Interact with and assist in oversight of state, federal, domestic and possibly international regulator relationships and examinations including the Federal Reserve, OCC, SEC, DOL, FINRA, CFPB, State of New York, and/or the State of Delaware, as applicable
• Provide SME guidance on regulatory development implementation, including guidance related to policies/procedures, training, key risk indicators, governance, control implementation and supervisory framework needed
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
• Assist in development and manage divisional and enterprise-wide policies, standards, procedures, training and control standards designed to minimize regulatory exposure
• Identify, measure, respond, and escalate compliance risk issues to the Compliance Director and/or the Lines of Business (LOBs) as necessary
• Work with the Compliance Director to engage other Risk Departments, Internal Audit, Legal and/or Regulatory Affairs regarding interrelated risk issues impacting fiduciary, operational, credit, strategic, reputation, market, liquidity, interest rate and capital risks
• Interact with numerous risk and executive management, lines of Business, and support organizations such as Internal Audit and Legal on an ongoing basis to ensure the division is operating within the defined Enterprise risk framework and Board-mandated compliance risk tolerance
• Participate and provide expertise in relation to the Risk Assessment Process along with identifying potential enhancements where necessary
• Execute on strategic priorities for the group as the Second Line of Defense, potentially impacting the enterprise, and ensure ongoing compliance across the division and enterprise
• Provide Second Line of Defense Credible Challenge to the Business line and senior management in assigned Line of Business by identifying, assessing, documenting, monitoring, and communicating risks, recommending solutions and evaluating ultimate resolution of such risks
• Demonstrate strong critical thinking and problem-solving skills with an ability to challenge/translate ambiguous issues into well-defined risk exposure statements and sustainable solutions
• Analyze and stay current on rules and regulations applicable to the sale of Asset Management, Fiduciary, Wealth and Private Banking products including individualized specialty lending and financing solutions, trading and investing strategies, financial management services, retirement and estate planning
• Evaluate and provide guidance with other stakeholders on new and evolving business products and services from a fiduciary and regulatory compliance risk perspective
• Perform testing oversight, including the review of surveillance activities and focused forensic reviews to assess compliance risks and identify potential breaches
• Promote an…