Bank Regulatory Compliance
The team provides US bank regulatory compliance coverage for the firm’s investment banking and Wealth management businesses and activities impacted by U.S. Banking rules and regulations.
The BRC group provides advice and support to compliance colleagues and to business areas on relevant bank and bank holding company rules and regulations including applicable State banking requirements, and applicable Federal banking requirements (including Federal Reserve regulations and, as appropriate, rules of other federal banking agencies).
BRC also provides guidance an advice on safety and soundness requirements issued by various agencies including the Board of Governors of the Federal Reserve System.
The Bank Regulatory Compliance VP/Director will be responsible for the following:
• Provide support and advice to compliance colleagues and businesses on applicable State/Federal US banking rules/regulations, and on applicable supervisory guidance issued by these agencies
• Manage and support US bank regulatory monitoring and testing program
• Conduct bank regulatory compliance reviews of business activities and processes
• Create and distribute relevant bank regulatory compliance MIS to various stakeholders
• Develop and provide bank regulatory compliance training to staff
• Evaluate compliance processes and controls within compliance and within impacted businesses to assess effectiveness. Assist front office and support areas with development of bank compliance related processes and procedures
• Liaise with, coordinate with and support as necessary business line compliance colleagues. Work with internal and external counsel on US bank regulatory compliance matters
• Monitor, update and develop as necessary compliance policies
• Participate in and support relevant bank regulatory governance processes/forums
• Identify, track and action, as necessary, new relevant rules and regulations or changes to existing regulations
• Support regulatory compliance colleagues in responding to various regulatory requests and examinations.
• Contribute to the firm’s compliance risk assessment process
Requirements
Basic Qualifications:
• 4-year college degree or equivalent
• 10+ years of compliance, regulatory or audit experience in a global investment bank
Preferred Qualifications
Experience with a US banking regulator
Some knowledge of consumer compliance rules/regulations
Some knowledge of Securities rules is helpful
Demonstrated knowledge of mass information delivery systems such as SharePoint and Intralinks
Strong understanding of US banking rules and regulations
Knowledge of core investment banking products
Ability to analyze and interpret regulatory rules and their impact on the business
Ability to represent and enforce compliance while considering the needs of the business
To apply please submit your resume to:
Jack Kelly
JKelly@ComplianceSearch.com
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