Compliance Manager

Citizens•Southfield, MI

About The Position

In this role at Citizens, you’re made ready for a fulfilling career with exciting new challenges and opportunities to stretch yourself. As the Compliance Manager, you will work to mitigate risk and assure that Citizens businesses are in compliance with all applicable laws, regulations and policies. Your role will work to design, implement, maintain, and enhance internal controls to mitigate risk on a daily basis. You will identify, measure, and escalate compliance issues to the Compliance Sr Manager where appropriate. You will work with the other Compliance Officers to identify business needs, strategize, and develop standards and procedures to assure Citizens businesses are in compliance. Additionally, you will work to identify process improvement and opportunities for control enhancement. Most importantly, you’ll feel valued for who you are and supported to achieve what’s important to you, personally and professionally!

Requirements

Bachelor’s Degree in Finance, Business or related discipline preferred
5+ years of broker dealer compliance/investment advisory experience
FINRA Series 7, 24
Strong understanding of examination principles and practices for the securities industry
Strong understanding of the rules, regulations and legal requirements of the SEC, FINRA and general state securities and insurance commissions
Knowledge of operational matters within a Retail B-D and Registered Investment Advisor
Experience working within a large, complex financial services organization
Strong working knowledge of the compliance risks associated with a banking institution as well as experience working in and/or building effective compliance programs
Experience reading and interpreting regulations, laws, and statutes
Should be able to work effectively with others at all levels across the organization and provide authoritative guidance to management and staff within the organization

Responsibilities

Coordinate and perform ongoing risk assessments and compliance reviews to assure compliance policies and risk controls are appropriate.
Identify any factors which may affect risk mitigation and compliance with applicable regulatory requirements.
Monitor strategies to assure operations are effective and identify any recommendations to support governance and mitigate risk.
Assure that issues that arise through compliance monitoring are promptly addressed and reviewed; inform all necessary parties of issues and implement solutions based on recommendations.
Anticipate any issues that may arise in the future and prepare appropriate deliverables. Conduct proper documentation of all compliance issues.
Establish expertise on the regulatory environment and remain up-to-date on practices aligning with compliance.
Monitor business processes to determine areas of improvement and facilitate changes.
Is responsible for working within Wealth Managements’ Compliance Department to ensure that the Inspection Program appropriately addresses the regulatory risks relative to the business lines activities
Performs field inspections of Wealth Advisors, Offices of Supervisory Jurisdiction, registered Bank personnel and Back Office Departments
Ensure timely reporting, responses and remediation of risk issues identified to Compliance and Business management
Provide reporting to the CCO/DCCO regarding inspection findings, planning, and other matters related to branch and Wealth Advisor activities.