Our client, a leading bank, is looking for a Senior Compliance Officer to join their Marketing Compliance team.
07th January, 2022
Job Description & Synthesis
The Corporate Senior Officer position is responsible for overseeing a team which provides guidance, direction, and makes recommendations to the marketing leadership team with respect to compliance with laws and regulations. This includes ongoing guidance as well as leading and managing major implementation processes, beginning with reading, interpreting, and developing an understanding of the regulation and ending with a successful implementation across the marketing department. This also includes assisting the marketing department with their ability to detect, assess, and respond to emerging risks.
Lead and manage corporate-wide implementation of new or revised regulatory requirements.
Read, analyze, and develop an in-depth knowledge of the regulation to determine requirements/mandates.
Develop an understanding of regulatory requirement and how those requirements impact the bank.
Determine which marketing groups will be impacted by the requirements/mandates.
Provide oversight, recommendations, and direction to Marketing Leadership on all applicable compliance/regulatory implications.
Assist Marketing groups with a gap analysis to compare the current state with the new required state.
Assist Marketing team with the development of an implementation plan -- ensuring requirements/mandates are met by implementation date.
Answer questions, make recommendations and address issues identified during the implementation phrase.
Independently identify projects and tasks to be completed and lead teams and solo efforts to complete act as a primary contact with Marketing Leadership with respect to dashboard inputs and reviews develop materials for Corporate-wide committees, as needed.
Act as a primary contact for federal regulatory exams, internal audits, external audits, and enterprise-level reviews; manage these audits and exams on a proactive project basis to ensure that responses submitted are appropriate and accurate and adequately address the request.
Assist department staff with responses, as necessary.
Collaborate with other team members within Marketing to assist in defining the proper mitigation and preparation for control exam by providing guidance regarding emerging risks and new or revised regulatory changes that may impact the business unit.
Review work papers, answer file specific questions, and draft of any final reports as need.
Bachelor's Degree from an accredited university
8 years of experience in Banking regulatory compliance or related legal experience
2 years of experience utilizing Microsoft Office Products including Excel, Word, and Power Point