Compliance, Core - Issue Management, Associate

Global Compliance   Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.  

Responsibilities and Qualifications

The Core Compliance Team is at the forefront of delivering robust compliance risk management in adherence with regulator expectations.  We are looking for a team member who can help drive our compliance risk management program forward, by collaborating with first- and second-line teams, including Engineering, Operational Risk, the business and Compliance globally.  The successful candidate should demonstrate strategic thinking, comfort interacting with senior audiences, and an ability to help lead large scale transformation.

We are looking for someone who is equal part visionary and executor. The role will require you to collaborate, navigate and problem solve with multiple teams.

Principal Responsibilities:

• Assist with developing strategy for building an Issue Management program within Compliance
• Coordinate ongoing Issue Management process for Compliance to ensure adherence to the firmwide Issue Management requirements
• Partner with divisional leads to self-identify issues and ensure subsequent mitigation of risks through Corrective Action plans
• Determine methodology to review and challenge 1LoD issues submitted for closure
• Develop Lessons Learned analysis
• Establish metrics and reporting for Senior Management

Qualifications:

• 3 to 7 years’ experience in compliance or risk management in the financial services industry or consulting industry 
• Bachelor's degree
• Experience with issue management and/or internal control frameworks
• Experience with quality assurance or 2LOD review and challenge
• Strong understanding of Compliance program mandates and Operational Risk Frameworks 
• Exceptional analytical, problem solving, critical thinking and project management skills with a proven track record of execution against deadlines
• Strong communication and relationship-building skills in frequent interaction with other areas of the firm, in particular, senior stakeholders 
• Detail-oriented and able to produce quality work product, even when managing time-sensitive demands from competing stakeholders
• Work independently and exercise strong judgment 
• Advanced PowerPoint and Excel skills
   

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