This job ad has been posted over 40 days ago...
Regulator – Focus/Regulatory Reporting & Risk Management
at The Compliance Search Group in New York, NY
Our client is a regulatory agency.
The Regulator seeks an individual for their Examinations division in New York.
Job Summary:
The position involves conducting on-site Consolidated Supervised Entity (CSE) examinations to assess member firms’ risk management framework and evaluate systems and procedures for the establishment and implementation of comprehensive internal controls to effectively manage risk.
Essential Job Functions:
• Examine member firms’ books and records and internal control processes for determination of market and credit risk exposures, specific risk and scenario analysis deductions, and back testing and stress testing results for FOCUS Supplementary Schedule reporting, compliance with the SEC Rule 15c3-1(Appendix E), and other applicable rules and regulatory requirements.
• Interact with firm personnel in areas such as Risk Management (both Market & Credit), Product Controllers, Treasury, Operations (front, middle and back office), Trading, Legal & Compliance, Internal Audit and Regulatory Reporting.
• Review, analysis, and testing of: member firm systems (front, middle, and back office) used to capture, aggregate and measure risk; calculate Value at Risk (VAR), reconciliation process of various risk and trading systems to verify accuracy of the data capture and quality processes; the establishment, approval and monitoring of limits; model approval and maintenance; product control and price verification; operational risk management, funding methodology; and corporate governance structure.
• Prepares work papers to support reviews conducted.
• Prepares written reports and conducts exit interviews to provide member firms with information on regulatory concerns noted during exams.
• Works in a team environment with opportunities to supervise others and interact with senior member firm and FINRA personnel.
Additional Essential Job Functions for the Associate Principal/Principal Examiner Include:
• Supervises the examination of member firms’ books and records and internal control processes for determination of market and credit risk exposures, specific risk and scenario analysis deductions, and back testing and stress testing results for FOCUS Supplementary Schedule reporting, compliance with the SEC Rule 15c3-1(Appendix E), and other applicable rules and regulatory requirements.
• Participates in meetings with team members and firm personnel in areas such as Risk Management (both Market & Credit), Product Controllers, Treasury, Operations (front, middle and back office), Trading, Legal & Compliance, Internal Audit and Regulatory Reporting.
• Supervises the review, analysis, and testing of: member firm systems (front, middle, and back office) used to capture, aggregate and measure risk; calculate Value at Risk (VAR), reconciliation process of various risk and trading systems to verify accuracy of the data capture and quality processes; the establishment, approval and monitoring of limits; model approval and maintenance; product control and price verification; operational risk management, funding methodology; and corporate governance structure.
• Serves as in-field supervisor in role of Lead Examiner, with responsibility for training and developing newer staff members, reviewing completed work of other team members, and completing examination-related reports and documents on behalf of the team.
• Analyzes internal controls in key areas of risk and evaluates systems used by member firms to determine quality and reliability.
• Participates in special projects and on committees or task forces dedicated to improving the CSE examination program.
• Performs targeted, or “for cause”, reviews of member organizations’ compliance with CSE rules, regulations and best practices.
• Develops and delivers training presentations offered to newer staff members.
• Presents examination-related matters to colleagues and managers at monthly staff meetings and quarterly divisional training sessions.
Please email resumes to Jack Kelly – jkelly@ComplianceSearch.com
The Regulator seeks an individual for their Examinations division in New York.
Job Summary:
The position involves conducting on-site Consolidated Supervised Entity (CSE) examinations to assess member firms’ risk management framework and evaluate systems and procedures for the establishment and implementation of comprehensive internal controls to effectively manage risk.
Essential Job Functions:
• Examine member firms’ books and records and internal control processes for determination of market and credit risk exposures, specific risk and scenario analysis deductions, and back testing and stress testing results for FOCUS Supplementary Schedule reporting, compliance with the SEC Rule 15c3-1(Appendix E), and other applicable rules and regulatory requirements.
• Interact with firm personnel in areas such as Risk Management (both Market & Credit), Product Controllers, Treasury, Operations (front, middle and back office), Trading, Legal & Compliance, Internal Audit and Regulatory Reporting.
• Review, analysis, and testing of: member firm systems (front, middle, and back office) used to capture, aggregate and measure risk; calculate Value at Risk (VAR), reconciliation process of various risk and trading systems to verify accuracy of the data capture and quality processes; the establishment, approval and monitoring of limits; model approval and maintenance; product control and price verification; operational risk management, funding methodology; and corporate governance structure.
• Prepares work papers to support reviews conducted.
• Prepares written reports and conducts exit interviews to provide member firms with information on regulatory concerns noted during exams.
• Works in a team environment with opportunities to supervise others and interact with senior member firm and FINRA personnel.
Additional Essential Job Functions for the Associate Principal/Principal Examiner Include:
• Supervises the examination of member firms’ books and records and internal control processes for determination of market and credit risk exposures, specific risk and scenario analysis deductions, and back testing and stress testing results for FOCUS Supplementary Schedule reporting, compliance with the SEC Rule 15c3-1(Appendix E), and other applicable rules and regulatory requirements.
• Participates in meetings with team members and firm personnel in areas such as Risk Management (both Market & Credit), Product Controllers, Treasury, Operations (front, middle and back office), Trading, Legal & Compliance, Internal Audit and Regulatory Reporting.
• Supervises the review, analysis, and testing of: member firm systems (front, middle, and back office) used to capture, aggregate and measure risk; calculate Value at Risk (VAR), reconciliation process of various risk and trading systems to verify accuracy of the data capture and quality processes; the establishment, approval and monitoring of limits; model approval and maintenance; product control and price verification; operational risk management, funding methodology; and corporate governance structure.
• Serves as in-field supervisor in role of Lead Examiner, with responsibility for training and developing newer staff members, reviewing completed work of other team members, and completing examination-related reports and documents on behalf of the team.
• Analyzes internal controls in key areas of risk and evaluates systems used by member firms to determine quality and reliability.
• Participates in special projects and on committees or task forces dedicated to improving the CSE examination program.
• Performs targeted, or “for cause”, reviews of member organizations’ compliance with CSE rules, regulations and best practices.
• Develops and delivers training presentations offered to newer staff members.
• Presents examination-related matters to colleagues and managers at monthly staff meetings and quarterly divisional training sessions.
Please email resumes to Jack Kelly – jkelly@ComplianceSearch.com
Published at 05-03-2010
Viewed: 73 times
Viewed: 73 times