US Regional Compliance Officer - Credit Ratings

About the position

As the US Regional Compliance Officer (RCO) and Designated Compliance Officer (DCO) of Morningstar DBRS (MDBRS), you will play a pivotal role in establishing and maintaining a robust compliance program for MDBRS credit ratings. You will manage a team and work closely with MDBRS senior management and collaborate across departments to foster a culture of compliance, risk management, and ethical behavior.

Responsibilities

• Develop, implement, and maintain a comprehensive US MDBRS compliance program that encompasses credit ratings in all jurisdictions where the company operates.
• Serve as the US RCO and DCO for DBRS Inc responsible for developing and managing the day-to-day operation of DBRS Inc Compliance Program.
• Lead and manage a team of compliance professionals, fostering a culture of compliance and ethical behavior.
• Provide guidance, coaching, and support to team members, enabling them to perform their duties effectively.
• Serve as the primary point of contact for US regulatory authorities and manage relationships with US regulatory agencies.
• Stay informed about evolving regulatory requirements and ensure company policies and procedures align with these changes.
• Conduct regular risk assessments to identify compliance risks specific to credit ratings and develop strategies to mitigate them.
• Implement controls and measures to manage compliance-related risks effectively.
• Work closely with the GCCO of Global Controls to ensure the Controls team is appropriately supporting the development and update of compliance policies, conflicts procedures, management of efforts to prevent financial crime and fraud, and monitoring and testing programs in accordance with applicable laws and industry best practices.
• Oversee and conduct internal investigations into compliance violations, if necessary, and recommend appropriate corrective actions.
• Coordinate and manage regulatory audits and examinations specific to credit ratings collaborating with regulatory bodies as needed.
• Promote a strong ethical culture throughout the organization by setting a positive example and encouraging ethical behavior among employees.

Requirements

• Bachelor's degree in finance, law, business, or a related field; advanced degree and relevant certifications preferred.
• Extensive experience (+12 years) in compliance roles within the financial services industry, specifically related to credit ratings.
• Extensive experience interacting and engaging with the SEC.
• Strong knowledge of financial Industry in the US.
• Excellent leadership and management skills.
• Exceptional communication and interpersonal skills.
• Ability to collaborate effectively with cross-functional teams.
• Strong analytical and problem-solving abilities.

Benefits

• 75% 401k match up to 7%
• Stock Ownership Potential
• Company provided life insurance - 1x salary + commission
• Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
• Additional medical Wellness Incentives - up to $300-$600 annual
• Company-provided long- and short-term disability insurance
• Trust-Based Time Off
• 6-week Paid Sabbatical Program
• 6-Week Paid Family Caregiving Leave
• Competitive 8-24 Week Paid Parental Bonding Leave
• Adoption Assistance
• Leadership Coaching & Formal Mentorship Opportunities
• Annual Education Stipend
• Tuition Reimbursement
• Charitable Matching Gifts program
• Dollars for Doers volunteer program
• Paid volunteering days
• 15+ Employee Resource & Affinity Groups