Senior Advisor, Compliance- Capital Markets

Job Description Summary

Under general supervision, uses extensive knowledge and skills obtained through experience, specialized training and/or certification in securities and/or banking industry to ensure compliance with all securities and/or banking rules and regulations. Works within a specific Business Unit to coordinate compliance functions, guides compliance efforts, and act as a liaison between functional areas. Leads large or multiple projects with significant scope and impact. Works independently on difficult assignments that are broad in nature and that require originality and ingenuity with appreciable latitude for unreviewed actions or decisions. Provides comprehensive solutions to complex problems. Maintains extensive contact with internal customers to identify, research, analyze and resolve complex issues.

Job Description

Essential Duties and Responsibilities

• Coaches and mentors less experienced Compliance associates.

• Supports Capital Markets & Advisory (“CMA”) Compliance in overseeing the compliance program for the CMA Business Unit Compliance teams 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. 

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

• Assists CMA Compliance Management to implement adequate controls and quality assurance processes to detect and address potential compliance problems.

• Research compliance issues.

• Alerts Senior CMA Compliance Management of current regulatory issues.

• Researches, interprets, and translates regulatory rules and regulations for Senior CMA Compliance Management.

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

• Advises Senior CMA Compliance Management on issues that involve possible rule violations and potential liability.

• Addresses sensitive compliance issues with CMA Compliance Management.

• Participates in corporate 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.

• Develops compliance training programs in conjunction with other compliance activities, as well as maintains training records.

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

• Manages relevant external examinations, ensuring that requested information and reports are provided.

• Prepares and delivers written and oral presentations to Management.

• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Advanced 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); and state securities regulatory agencies; and/or Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); Federal Financial Institutions Examination Council (FFIEC); Office of Thrift Supervision (OTS); Federal Reserve System; and state banking regulatory agencies.

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

• Principles of banking and 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 delivers written and oral presentations.