About the position
This position ensures the legal, operational, and risk management compliance of the Bank at a high level of complexity and ability. Facilitates the security and integrity of Bank the registered investment advisor, broker dealer, and insurance company activities through the expert identification of risks, inefficiencies, and compliance issues. Provides guidance to business leaders and associate teams through knowledge of new and existing rules, regulations, and laws that impact enterprise activities. Leads the review of business processes, procedures, and activities for risks and inefficiencies. Assists internal and external audits. Develops and implements new, compliant policies as appropriate. Serves as a liaison between corporate, legal, and division teams to identify and resolve complex issues. Assists management with special projects and initiatives that foster an understanding of and compliance with applicable regulations, rules, and standards. May provide leadership to less experienced associates in the work group. This is a remote role that may be hired in several markets across the United States.
Responsibilities
- Leads the analysis of rules, regulations, and laws as well as internal processes and systems.
- Develops and revises policies, procedures, services, products, and systems that ensure regulatory compliance.
- Fosters understanding and proper implementation of necessary changes in impacted business areas.
- Assists special projects or related business initiatives as needed, which may include consulting on specific compliance matters.
- Serves as a liaison between examiners, regulators, auditors, and legal and corporate compliance teams during compliance examinations, processes, and procedures.
- Tracks, investigates, and resolves complex or escalated issues which may involve system testing or direct consumer complaints.
- Recommends process and operational improvements that enhance efficiencies and reduce risk.
- Provides technical support to business programs, systems, or vendors throughout daily activities.
- Assists less experienced associates in addressing and addressing factors that perpetuate risk.
- Prepares reports for management on results of compliance reviews, legal changes, or new regulations.
- Conveys the necessary actions to fulfill regulatory requirements and communicates changes amongst work groups.
- Maintains a strong knowledge of current or changing rules, regulations, laws, requirements, policies, and procedures that affect assigned area of the registered investment advisor, broker dealer, and insurance company.
- Serves as a subject matter expert in providing guidance to management and associates on compliance-related matters.
- May facilitate compliance trainings, educational resources, or other methods of strengthening knowledge within the registered investment advisor, broker dealer, and insurance company of applicable rules, regulations, and standards.
- May participate in industry events or professional organizations in order to remain knowledgeable on factors that could impact enterprise activities.
Requirements
- Bachelor's Degree and 7 years of experience in Compliance, legal, or audit OR High School Diploma or GED and 11 years of experience in Compliance, legal, or audit
Nice-to-haves
- Valid Series 7, 24, 63, 65 or 66 licenses, insurance license
Benefits
- Comprehensive benefits program for full-time associates (20+ hours)
- Customized offerings designed to support families
