COMPLIANCE SPECIALIST
Our clients include corporations, pension plans, insurance companies, foundations, endowments, central banks, official institutions and mutual fund advisors. In the U.S. we have offices in Boston, Chicago, New Jersey and New York. We have an excellent career opportunity for a Compliance Specialist with Finance or Accounting experience in our New York City office. This individual will be responsible for assisting the Chief Compliance Officer in various regulatory compliance and operational risk matters. This is a mid-level role requiring full participation in maintaining, updating, developing and testing firm wide compliance policies and programs as well as assisting with reporting requirements, both locally and globally.
Specific Responsibilities:
- Compliance monitoring and testing on a year round basis of policies and procedures and processes, including client on-boarding, dealing and trading, managing and advising, client reporting and communication, operations, product development, governance, risk management, AML, regulatory matters and investment compliance.
- Assist with identifying operational risk within BNPP IP North America and ensure such risks are effectively mitigated with appropriate controls.
- Act as liaison with central regulatory compliance and operational risk teams located in Europe.
- Prepare intra-Group reports on the status of internal control plans and the effectiveness of these controls and maintain the operational risk oversight program for BNPP IP North America, according to BNP Paribas group policies and standards
- Coordinate with non-US BNPP IP Compliance Officers to ensure their local policies and procedures address applicable US regulatory requirements.
- Develop training materials and presentations addressing US regulatory matters and local policies and procedures for non-US BNPP IP employees and colleagues alike.
- Maintain and track corporate governance records for the US BNPP IP entities, including applicable state filings.
- Assist local client service team with compliance and operational risk questions in RFPs and due diligence requests.
- Coordinate participation in SSAE 16 audit and coordination of team’s responses. Draft risks/controls language as they relate to the Investment Advisers Act Policies Procedures/Code of Ethics for testing by auditors. Provide proof of compliance with the written risks/controls.
- Stay abreast of existing and new regulations and assess and advise of impact on firm.
Ideal Personal Profile:
- Analytical skills: Identifies all aspects of a subject and examines them in a critical way to construct a broad point of view. Individual is driven by the desire to know more about things, peoples or events.
- Accuracy: Constantly attentive to the precision and thoroughness of the information sent and to the quality of the work; ensures that errors are minimized.
- Results-Driven: Seeks to achieve the objectives set within the defined timeframe, by acting with tenacity, and by balancing costs and benefits. Continuously seeks optimum performance.
- Negotiation Skills: Obtains best possible results when conflicting interests are at play, leading to a constructive dialogue.
- Taking Initiative: Works proactively and independently, implementing work processes, ideas and solutions, including in situations where information is missing or wholly unusual.
- Communication skills: Expresses his / her messages, both orally and in writing, in an effective, organized way, which is appropriate to the audience being addressed.
- Teamwork: Knows how to work in a team and / or across teams, acts bearing common interests and respect for fellow team members in mind.
- Integrity: Acts ethically, in compliance with what is said and while respecting the company’s values and rules.
Academic Background and Experience:
- 4-6 years professional experience in compliance, audit, accounting or risk management in the financial services industry, preferably at a SEC registered investment adviser or at a recognized consulting firm specializing in Advisers Act compliance services.
- Working knowledge of investment advisory environment and its associated risks and internal controls.
- Bachelor’s degree coupled with excellent academic credentials in Accounting or Finance.
- Previous accounting or audit skills a strong plus.
- Strong computer skills including Excel and PowerPoint.
This position offers an excellent benefits and compensation package. To be considered for this opportunity, please forward your resume utilizing the online application process. Equal Opportunity Employer.
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