Sr. Advisor, Regulatory Reporting and Operations Compliance

Essential Duties and Responsibilities

• Oversees compliance program for an assigned business area to ensure compliance processes and procedures are integrated and aligned with business processes.

• Directs adjustments to existing programs, policies, and procedures, as required.

• Ensures that compliance activities are commensurate with the level of risk being mitigated.

• Provides escalated support and guidance to compliance efforts in assigned business entity.

• Partners with Operations, Risk, Legal, Technology, and business stakeholders to support various initiatives, control enhancements, issue remediation efforts, and process improvements.

• Informs appropriate Senior Management about issues that may involve rule violations or potential liability.

• Assists Management in implementing adequate controls and quality assurance processes to detect and address potential compliance problems.

• Performs research on regulatory requirements, interpretive guidance, industry practices, and external enforcement actions to support compliance assessments and recommendations.

• Monitors exception and other internal reports for employee adherence with rules and regulations.

• Participates in policy discussions related to compliance.

• Reviews documentation related to compliance issues for validity and alignment with organizational policies.

• Prepares and delivers written and oral presentations to senior management.

• May coordinate and/or oversee responses to regulatory agency inquiries.

• Reports compliance program status and activities to compliance and business management personnel.

• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Knowledge of:

• Concepts, practices, and procedures of securities industry and/or banking compliance reviews.

• Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB), state securities regulatory agencies; Office of the Comptroller of the Currency (OCC); and the Federal Reserve System.

• Fundamental investment concepts, practices and procedures used in the securities industry.

• Principles of brokerage, finance and securities industry operations.

• Financial markets and products.

Skill in:

• Overseeing compliance programs.

• Integrating and aligning compliance processes and procedures with business processes.

• Coordinating complex compliance activities.

• Providing support and guidance for compliance efforts.

• Identifying and implementing controls and quality assurance processes.

• Reviewing materials for compliance with rules and regulations.

• Researching compliance issues.

• Developing compliance training programs.

• Gathering information and preparing oral and written reports.

• Preparing and delivering written and oral presentations.

• Investigating potential irregularities.

• Making rule-based and analytical decisions.

• Operating standard office equipment and using required software applications.

Ability to:

• Partner with other functional areas to accomplish objectives.

• Facilitate meetings, ensuring that all viewpoints, ideas, and problems are addressed.

• Attend to detail while maintaining a big picture orientation.

• Gather information, identify linkages and trends, and apply findings to assignments.

• Interpret and apply securities and/or banking regulations and identify and recommend policy and procedural changes as appropriate.

• Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.

• Use appropriate interpersonal styles and communicate effectively, both orally and in writing, with all organizational levels.

• Work independently as well as collaboratively within a team environment.

• Provide a high level of customer service.

• Establish and maintain effective working relationships at all levels of the organization.

• Maintain confidentiality.

• Maintain currency in securities and/or banking industry rules and regulations and best practices in compliance.

Educational/Previous Experience Requirements

• Bachelor’s degree (B.A. /B.S.) and a minimum of three (3) years of experience in Compliance and/or the financial services industry preferred.

or

• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/ Certifications

• None Required.

• Additional licenses/certifications demonstrating the candidate’s knowledge/expertise in industry regulation and concepts preferred.