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Private Bank Compliance Officer
at Mike LAne in New York, NY
The role consists of four distinct areas:
• Dissemination of Information - Ensuring that relevant business line and support personnel receive appropriate information on applicable laws, regulations and the Firm’s Compliance policies and ethical standards to know, detect and prevent conduct that could violate such laws, regulations, policies and standards, as directed by the Senior Compliance Officer. The role includes written communication with the business lines (in English and local language) as appropriate, advice on transactions, rule interpretations and formal training.
• Advisory The Compliance Officer/Analyst must ensure that she/he is appropriately involved in and informed about the business activities of the division she/he covers. This includes giving regulatory advice to the business line concerned, as well as advice on the applicability of the Firm’s policies and procedures to the business being conducted. It also includes identifying potential regulatory or reputational risks in conjunction with such business and ensuring that the Senior Compliance Officer and senior management is made aware of and take appropriate steps to mitigate such risks.
• Coordination - The Compliance Officer/Analyst facilitates coordination among relevant business line personnel and support functions to prevent potential conflicts and detect/prevent potential regulatory and compliance concerns. This activity presupposes constructive contact with relevant senior business line managers.
• Surveillance and Enforcement - Compliance Officer/Analyst will monitor and review certain records and transactions to identify potential or actual compliance or regulatory concerns and ensure that identified errors, improper conduct or compliance exceptions to regulatory or policy requirements are brought to management’s attention and receive appropriate corrective action.
Key Regulatory/Compliance areas of the Compliance Officer/Analyst -
• Provide Compliance and advisory support to the Wealth Management Services Group.
• Provide daily support of the Fixed Income and Equity Trading Desk, Structured Products, Lending Group, Insurance and F/X Desk
• Participate as a Compliance Representative in the New Business Process.
• Assisting the Compliance Group Head Officer to oversee and enforce the Firm’s Compliance policies as applicable to the relevant business division,
• Evauating new or changing business activities and any potential consequent compliance risks that the business line needs to consider.
• Advising business line managers and LCD management and assisting in providing solutions to potential problems or issues involving compliance or regulatory risk.
• Cross-border compliance matters to the extent relevant.
• Advising on matters relating to the investment advisory business, including managed accounts and similar programs.
5 to 7 years of relevant financial industry experience
Bachleor’s Degree required. JD or MBA preferred.
To apply please submit your resume to Michael Lane - MLane@ComplianceSearch.com
• Dissemination of Information - Ensuring that relevant business line and support personnel receive appropriate information on applicable laws, regulations and the Firm’s Compliance policies and ethical standards to know, detect and prevent conduct that could violate such laws, regulations, policies and standards, as directed by the Senior Compliance Officer. The role includes written communication with the business lines (in English and local language) as appropriate, advice on transactions, rule interpretations and formal training.
• Advisory The Compliance Officer/Analyst must ensure that she/he is appropriately involved in and informed about the business activities of the division she/he covers. This includes giving regulatory advice to the business line concerned, as well as advice on the applicability of the Firm’s policies and procedures to the business being conducted. It also includes identifying potential regulatory or reputational risks in conjunction with such business and ensuring that the Senior Compliance Officer and senior management is made aware of and take appropriate steps to mitigate such risks.
• Coordination - The Compliance Officer/Analyst facilitates coordination among relevant business line personnel and support functions to prevent potential conflicts and detect/prevent potential regulatory and compliance concerns. This activity presupposes constructive contact with relevant senior business line managers.
• Surveillance and Enforcement - Compliance Officer/Analyst will monitor and review certain records and transactions to identify potential or actual compliance or regulatory concerns and ensure that identified errors, improper conduct or compliance exceptions to regulatory or policy requirements are brought to management’s attention and receive appropriate corrective action.
Key Regulatory/Compliance areas of the Compliance Officer/Analyst -
• Provide Compliance and advisory support to the Wealth Management Services Group.
• Provide daily support of the Fixed Income and Equity Trading Desk, Structured Products, Lending Group, Insurance and F/X Desk
• Participate as a Compliance Representative in the New Business Process.
• Assisting the Compliance Group Head Officer to oversee and enforce the Firm’s Compliance policies as applicable to the relevant business division,
• Evauating new or changing business activities and any potential consequent compliance risks that the business line needs to consider.
• Advising business line managers and LCD management and assisting in providing solutions to potential problems or issues involving compliance or regulatory risk.
• Cross-border compliance matters to the extent relevant.
• Advising on matters relating to the investment advisory business, including managed accounts and similar programs.
5 to 7 years of relevant financial industry experience
Bachleor’s Degree required. JD or MBA preferred.
To apply please submit your resume to Michael Lane - MLane@ComplianceSearch.com
Published at 14-07-2010
Viewed: 9 times
Viewed: 9 times