Head of Compliance – Quality Assurance

Head of Compliance – Quality Assurance

Requirements

• Bachelor’s degree required
• 10+ years related experience required
• In-depth knowledge of financial services, regulatory industry practices
• Strong management experience leading regulatory compliance activities
• Regulatory, industry and operational knowledge with respect to testing and monitoring
• Ability to operationally manage a complex team that has a wide variety of skill sets
• Strong Control/Risk Management mindset
• Negotiation skills and forward looking with an ability to drive and implement change and solve problems
• Focus on developing and strengthening robust relationships with senior leaders and key stakeholders

Responsibilities

• Provide thought leadership into the strategic vision for quality assurance testing and monitoring
• Develop and implement the target operating model for Compliance quality assurance capability
• Provide independent quality assurance oversight of remediations within the second line Compliance function
• Ensure compliance reports are accurate and tie to gold source information
• Drive internal Compliance expertise of root cause analysis
• Oversee the development and execution of the quality assurance annual program
• Ensure quality of information provided in reports for Audit Committee and other governance committees
• Maintain practices and procedures to communicate quality assurance program requirements
• Provide routine and regular reporting of activities, issues and events
• Maintain positive, honest, transparent and constructive relationships with regulators and other stakeholders
• Ensure that Compliance Department strategic initiatives and directives are carried out effectively
• Oversee Compliance Units Quality Monitoring and Quality Assurance programs
• Plan and lead quality assurance activities that require understanding across multiple areas of the Compliance function
• Act as a subject matter expert on the compliance risk management framework
• Own evolution/enhancement of the quality assurance subject matter expertise, program, and processes
• Lead/facilitate compliance engagement in governance programs
• Guide the team in identification of issues and recommendations
• Identify key gaps in the execution of the compliance framework and standards
• Develop and grow the compliance aspect of risk management programs
• Foster a culture receptive to innovation and change within the compliance team
• Keep current on emerging risks, trends and evolving regulatory requirements

Preferred Qualifications

No preferred qualifications provided.