Our client, a leading bank, is looking for a Senior Corporate Compliance Officer to join their growing team.
03rd January, 2022
Location(s): Auburn Hills, MI; Dallas, TX; Hybrid (on-site 1x per week)
Job Description & Synthesis
The Senior Corporate Compliance Specialist is responsible for providing guidance and direction within the Compliance Management System to the First Line of Defense (“FLOD”). This includes effectively managing compliance risk issues, assessing and managing the impact of compliance changes, for new or changed laws, rules or regulations, information technology, business processes or products. This also includes continuous monitoring of the FLOD for documentation, reporting and metrics.
Identify, measure, monitor, control, and report on Compliance Risk associated with regulatory changes, changes in information technology, business process changes, or new or modified products:
Read and analyze regulation to determine requirements/mandates and determine impact to the bank
Assess the existing and proposed control environment
Provide credible review and challenge throughout the Change Management lifecycle
Provide advice and guidance as needed to the FLOD
Perform ongoing and independent reviews of FLOD:
Identify and document issues resulting from monitoring activities
Provide regular reporting on monitoring of FLOD as appropriate to Business Leaders, risk liaisons, and impacted corporate stakeholders
Identify compliance risk issues, provide credible review and effective challenge for root cause analysis, issue prioritization and effective remediation plans.
Act as the primary contact to the Risk Liaisons, including providing support and guidance with implementation questions and specific fact-based scenarios.
Bachelor’s Degree from and accredited college/university in a related field
5-8 years of financial institution regulatory compliance or legal services experience
Certified Regulatory Compliance Manager (CRCM) certification or other applicable/relevant certification preferred, but not required.