About the position
Global Compliance Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance. Compliance accomplishes these through the firm's enterprise-wide compliance risk management program. As an independent control function and part of the firm's second line of defense, Compliance assesses the firm's compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm's responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. BUSINESS UNIT AND ROLE OVERVIEW - CF&O Compliance Part of the Global Compliance Division, the firm's CF&O Compliance team is a global team with responsibility for providing compliance coverage to Operations, Engineering, Controllers, Corporate Treasury, Corporate and Workplace Solutions, Executive Office, Corporate Planning & Management, Risk, Tax and Human Capital Management divisions. This includes: Conducting risk identification, measurement, and assessment; Monitoring for compliance with laws, rules, regulations and policies, including the identification and investigation of conduct related issues; Participating in firm responses to regulatory examinations, audits and inquiries; Performing surveillance and investigations of business activities of the above-referenced Federation groups; Testing the effectiveness of controls; Writing policies and procedures; Communicating regulatory requirements and firm policy expectations to educate others both one-on-one and through compliance learning initiatives.
Responsibilities
- Advise, challenge and influence Operations functions about regulations, policies and reputational risk
- Analyze regulatory changes and enforcement actions to assess the impact to Operations
- Support the development and analysis of related policies, standards, and processes to ensure compliance with applicable regulations and requirements
- Identify, investigate and manage compliance issues involving Operations functions
- Provide support and guidance to Operations functions in dealing with regulators
- Brief senior leadership on risks identified and ensure stakeholder engagement
- Conduct forensic reviews to monitor compliance with regulations and firm policies
- Input into compliance risk assessments to ensure effectiveness of the firms compliance program
- Draft and assist in the implementation of policies and procedures
- Develop and deliver communication and training
- Investigate and liaise with internal stakeholders in relation to conduct issues
- Recommend compliance testing work to be performed
- Provide support and guidance to Operations functions in managing information barriers
- Coordinate with the broader Federation Compliance team on initiatives and projects
Requirements
- At least 5 years of work experience including 3 years as a compliance officer or in a risk management or control function role
- Knowledge of operational practices in securities and derivatives markets
- Knowledge of regulations, practices and markets infrastructure in the Americas
- Understanding of the global regulatory environment
- Experience working as a regulator, interacting with regulators, or supporting regulatory audits or inquiries
Nice-to-haves
- Clear, concise communications skills; able to communicate with impact at senior levels
- Able and willing to challenge; comfortable with inter-personal conflict; able to build strong professional rapport with stakeholders while maintaining independence as a risk manager
- Sound judgment, ethics and integrity
- Fast learner; able to adapt to business and regulatory changes; interest to challenge status quo and find new solutions
- Proficient in using technology; able to analyze data sets and summarize findings; comfortable learning new technologies, both as a user and to identify risks
- Team-oriented and supportive of others' success; comfortable representing a team work product to stakeholders
- Well organized with the ability to manage both longer term projects and daily, often time-sensitive, escalations
