Compliance Director Job in Stamford, Connecticut US

Compliance Director

Job Description Job Number: 1515261 Business GE Capital Business Segment: Capital - Energy Financial Services About Us: GE Energy Financial Services experts invest globally across the capital spectrum in essential, long-lived and capital-intensive energy assets that meet the world's energy needs. In addition to capital, GE Energy Financial Services offers the best of GE's technical know-how, technology innovation, financial strength and rigorous risk management. Based in Stamford, Connecticut, the GE business unit helps its customers and GE grow through new investments, strong partnerships and optimization of its approximately $20 billion in assets. For more information, visit www.geenergyfinancialservices.com . Posted Position Title: Compliance Director Career Level: Experienced Function Legal Function Segment: Compliance and Regulatory Location: United States U.S. State, China or Canada Provinces: Connecticut City: Stamford Postal Code: 06927-4000 Relocation Assistance Yes Role Summary/Purpose: The Chief Compliance Officer serves as a member of the Senior Leadership Team responsible for the development, implementation and maintenance of an efficient and effective policy regulatory Compliance Program. Functions as an independent and objective leader who reviews and evaluates compliance issues/concerns within the organization and partners with the senior leadership team, legal and other peer functions to determine risks, action plans and the overall compliance strategy. Essential Responsibilities - Develop, lead and build a best in class compliance program - Serve as an interface with regulators, ensuring compliance with business operating policies - Actively participate and lead IDD/KYC process by, among other things, vetting potential partners and contractors, and identify red flags in origination process to mitigate and propose solutions - Drive leadership engagement to sustain compliance culture at EFS across all performance areas - Acts as an independent review and evaluation body, conducting compliance risk assessments, testing and monitoring the effectiveness of compliance controls to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated and resolved - Lead the development and implementation of processes and metrics to ensure adherence to financial regulatory expectations and GE Spirit Letter policies. Facilitate ongoing data collection, analysis and follow up - Manage and deliver the annual compliance review (Session D), the compliance portion of SOX reporting and other regular compliance assessments - Supervise assigned regulatory compliance function/activity and prepare and submit all required regulatory reports in a timely fashion - Lead or participate in Internal and external compliance audits and reviews including those by US and or local regulators - Lead compliance training program and partner with relevant functions to develop and implement required online training - Monitor, and as necessary, coordinate compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends - Institute and maintain an effective compliance communication program for the organization - Maintain a strong working relationship with business partners, other risk management functions and the federal financial regulators Qualifications/Requirements: Basic Qualifications: - Bachelors degree with combined 10+ years relevant product/financial services, auditing and/or compliance experience - Conversant in relevant substantive topics such as commercial banking compliance, money laundering and bank secrecy regimes, leasing, secured lending, real estate and MA - Demonstrated leadership skills and strategic ability to formulate and drive a program - Experience in successfully setting the vision for, leading and energizing cross-functional teams to execute on complex projects - Experience in counseling senior management, crafting creative solutions and integrating multiple business objectives - Strong management and process skills Eligibility Requirements: - You must apply via COS (internals) or www.gecareers.com (externals) to be considered for this position - Unrestricted work authorization in the United States - You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act. - Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check. - MUST be willing to work out of the Stamford, CT office Additional Eligibility Qualifications GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen. Desired Characteristics - MBA and/or JD from an accredited law school - 10 years minimum compliance experience - Banking / regulated entity compliance leadership experience - Proven ability to identify, solve and prevent regulatory issues - Ability to juggle and successfully address multiple competing high priority matters - Detail oriented and well organized - Strong negotiation and excellent communication/interpersonal skills - Willingness to respond quickly to ad-hoc and difficult issues as they arise - Ability to lead by example and demonstrate GE values Section 19 Job YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.