VP Compliance Testing
Key Tasks and Responsibilities of the role include, but are not limited to:
* Conducting a testing risk assessment covering BSA/AML, OFAC and Corporate Compliance.
* Designing and executing a testing plan.
* Serving as a back up to the training manager.
* Ability to convert policy requirement into effective testing modules.
* Supporting in the delivery of compelling audits that inspire confidence in the company's ability to deliver its strategy by taking responsibility for areas of work on audit engagements as a member of the audit practice.
*Design, delivery and facilitation of up skilling sessions for colleagues across the business
* Plan and organize reviews and agree compliance testing plan to ensure they are carried out effectively and within the timescales allocated, keeping management informed of their progress and findings.
* Document fieldwork analysis in well organized work-papers and summarize the results in a well organized written draft report.
* Provide draft reports to compliance management on the findings of reviews, together with recommendations for improvements to the management and control of risk as appropriate.
*Confirm that outstanding issues identified during reviews are followed up and resolved to ensure that risks are effectively managed in accordance with all relevant policies and regulations.
* Demonstrate the ability to manage project teams, work in a team environment and handle multiple assignments.
*Maintain good customer relationships with audit and stakeholders by providing ongoing and proactive support, advice and constructive recommendation on risk and control issues as they arise.
* Responsibility for developing the compliance testing function's own knowledge and understanding of key risks and controls within the individual business units where the audit is focused.
Who we are looking for:
* Someone with a minimum of 6 yrs experience in audit and compliance required (Corporate/Capital Markets and the Broker Dealer Industry is a plus).
* Experience testing on BSA/AML, OFAC and Corporate compliance requirements in the US.
* Experience conducting testing risk assessments, designing and implementing test plans.
* Experience writing robust and thoughtful audit work papers.
* Ability to train and communicate policy requirements.
* Advanced degree in Finance, Accounting, Business or related field a plus.
* Professional certification (CPA, ACAMS, Series 7, Series 63, etc) a plus.
* Experienced knowledge of the US banking and broker/dealer regulatory requirements are mandatory.
*Ability to understand business unit and Group strategy and business objectives to focus audit work on the highest risks.
*Ability to challenge and educate business units in control best practices; build and manage stakeholder relationships; follow the principles of the Group Audit methodology and local US procedures, and document work appropriately and work as a team to deliver the testing plan.
Leave a Reply
You must be logged in to post a comment.