CCO - Head of Regulatory & Corporate Compliance - New York

Scope and Purpose

Responsible for managing the Regulatory and Corporate Compliance ("RCC") function, reporting to the ISPNY CCO, advising on the New York Branch's business, products, services, including providing subject matter expertise on all relevant regulations, including Dodd-Frank and Volcker Rule related swap dealing activities. The Head of RCC must have a thorough understanding of the ever-changing regulatory environment, implement team training, and maintain the policy and procedure. The role responsible for managing the RCC team and ensuring all functional responsibilities are fulfilled, including providing advisory support on regulatory topics including Federal Reserve and New York State regulations, conflicts of interest, regulatory change management, second level controls and training • Manage the Branch's RCC program and ensure fulfillment of related responsibilities • Liaise with Head Office on all regulatory and corporate compliance related matters and reporting • Conduct the Corporate Compliance Risk Assessment based on Head Office process and NY Branch methodology through the relevant functional role • Assist the ISPNY CCO in managing Regulatory and Corporate Compliance related regulatory examinations and Internal Audits and backup liaison for ISPNY and Representative Office Examinations • Operate as ISPNY CCO's delegate for coordination with relevant regulatory authorities • Manage the Branch's non-AML regulatory change management process and maintain the Branch's Regulatory Inventory • Complete periodic reviews of the applicable ISPNY Branch Department affected by Banking Regulation, including but not limited to checking procedures related to Bank Holding Company Act and Dodd Frank Act (e.g., Title VI - Volcker Rule and Title VII - swap dealer) • Make recommendations and deliver solutions that strengthen compliance design, execution, documentation, assessments, and reporting. • Provide oversight to the Regulatory and Corporate Compliance team performing monitoring and testing reviews • Provide support and advice to the front office and other control functions, as needed • Assist/support the ISPNY CCO in the analysis of new regulations and determining if they are applicable to ISPNY; circulate the new regulations to the pertinent departments • Develop and manage the training of ISPNY Branch staff on regulatory compliance issues • Complete and enforce all the applicable procedures in monitoring and updating the ISP global watch and restricted list. Ensure that other departments of the bank are following the guidelines. Advise the business with regards to appropriate information barriers as appropriate. • Oversee Conflicts of Interest management, e.g., information barriers, watchlists, wall crossings • Create and update policies, procedures and desktop manuals as needed • Develop and deliver training and ensure awareness and education for to impacted functions • Other as directed by the ISPNY CCO 

The salary range for this job offer would be $ 150,000 - $ 210,000

Required Experience

• Minimum Bachelor's degree in finance or related field • Post-graduate law degree, e.g., JD strongly preferred • Minimum 7 years' experience in banking compliance, legal or regulatory environments 

Competencies Required

• • Deep understanding of Alphabet Regulations (e.g. Reg. A, Reg. B, etc.), swap dealing activities and familiarity with CFTC, NFA requirements • Familiarity with bank-broker dealer interaction, e.g., securities, investment banking activities a plus • Excellent management skills, ability to manage of three direct reports • Excellent interpersonal communication skills (verbal and written) to deal with a wide variety of internal staff, senior management, and external counterparts • Good team player, independent, capability to work under pressure, ability to multi-task and managing multiple deadlines