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VP Compliance Testing & Risk Assessments
Ref No.: 17-04061
Location: New York, New York
Position Type:Full Time
Pay Rate : $ 160,000.00 - 185,000.00 /Year
Our client, a foreign Corporate & Investment Banks, has a Regulatory function that is divided broadly into two main functions: the Legal function, which manages legal risk, and the Compliance function, which manages compliance and regulatory risk.
Principal Duties and Responsibilities:
 
Conduct compliance risk assessment of the offices in the Americas on a regular and continued manner.
  • Perform risk assessment.
  • Maintain and upgrade KRIs in the form of a database/data repository to support the development and implementation of a multi-year risk assessment process that houses the regional risk frameworks, local inventories of compliance obligations.
  • Report the assessment result to the management and disseminate with stakeholders.
 
Conduct compliance testing at offices in the Americas region.
  • Lead compliance testing, identify issues and make recommendations and report the result.
  • Follow up on the findings of testing and on the status of remediation process.
 
Understand the Americas offices' compliance status and the compliance framework.
  • Perform offsite monitoring of the offices in the region; review and understand the offices' Compliance Action Program, Compliance Committee Minutes, external/internal exam/audit reports, etc.
 
Respond to individual inquiries/ issues from each office etc.
  • Function as a liaison with the Head Office Compliance Group and offices in the Americas.
 
 
Qualifications:
  • Bachelor's degree
  • 7+ years of compliance/compliance audit experience
  • 3+ years of compliance risk assessment and/or compliance testing
  • Corporate / commercial banking experience
  • Strong analytical and organizational skills
  • Advanced Excel/Access skills
  • Excellent interpersonal and communication skills
  • Ability to work cooperatively with other members of the team and the Department