Job Description Summary
Under general supervision, uses extensive knowledge and skills obtained through experience, specialized training and/or certification in securities and/or banking industry to ensure compliance with all securities and/or banking rules and regulations. Coordinates compliance functions, guides compliance efforts, and acts as a liaison between functional areas and the enterprise. Leads large or multiple projects with significant scope and impact. Works independently on difficult assignments that are broad in nature and that require originality and ingenuity with appreciable latitude for unreviewed actions or decisions. Provides comprehensive solutions to complex problems. Maintains extensive contact with internal customers to identify, research, analyze and resolve complex issues.
Job Description
Essential Duties and Responsibilities
Executes processes and procedures for Associate Activities program which includes Outside Business Activities, Political Contributions, Gifts and Entertainment, Mandatory Absence, Outside Investment Account, and Corporate Charitable Contribution activities.
Performs program components including exception processing, monitoring of 1st and 2nd line activities, data analytics, violation identification, metrics creation, reporting, and program governance.
Establishes partnerships across Compliance, Supervision, Risk, Human Resources and other areas.
Identifies and informs management about issues that involve possible violations and potential liability that may require escalation.
Assists Management with the implementation of adequate controls and quality assurance processes to detect and address potential compliance problems.
Oversees compliance program for an assigned conflicts program to ensure compliance processes and procedures are integrated and aligned with business processes.
Participates in and directs adjustments to existing programs, policies, and procedures, related associate activities.
Research associate conflict related issues.
Responds to associate conflict system and process related inquiries.
Monitors exception and other internal reports.
Addresses sensitive compliance issues with Management.
Participates in corporate policy discussions related to Associate Activities
Prepares and delivers written and oral presentations to management.
Performs other duties and responsibilities as assigned.
Knowledge Skills, and Abilities
Knowledge of:
· Concepts, practices, and procedures of securities industry and/or banking compliance reviews.
· Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies; and/or Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); Federal Financial Institutions Examination Council (FFIEC); Office of Thrift Supervision (OTS); Federal Reserve System; and state banking regulatory agencies.
· Fundamental investment concepts, practices and procedures used in the securities industry.
· Principles of banking and finance and securities industry operations.
· Financial markets and products.
Skill in:
· Overseeing compliance programs.
· Integrating and aligning compliance processes and procedures with business processes.
· Coordinating complex compliance activities.
· Providing support and guidance for compliance efforts.
· Identifying and implementing controls and quality assurance processes.
· Reviewing materials for compliance with rules and regulations.
· Researching compliance issues.
· Developing compliance training programs.
· Gathering information and preparing oral and written reports.
· Preparing and delivers written and oral presentations.
· Investigating relevant irregularities.
· Making rule-based and analytical decisions.
· Operating standard office equipment and…