AVP – Group Compliance Testing
Company | Arch Capital Group |
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Location | Washington, DC, USA, Raleigh, NC, USA, White Plains, NY, USA |
Salary | $148000 – $200000 |
Type | Full-Time |
Degrees | |
Experience Level | Senior, Expert or higher |
Requirements
- 8+ years of compliance testing or internal audit experience in a public financial services organization with global operations
- Excellent understanding of compliance monitoring and testing function
- Experience leading/managing compliance testing or audits with strong project management skills
- Excellent grasp of risk and control concepts
- Strong analytical and problem-solving skills
- Strong writing skills and ability to organize and synthesize information into written product
- Excellent communication and interpersonal skills and ability to work across enterprise functions
- Willingness and ability to adapt to new circumstances, information, and challenges and thrive in a fast-paced environment
Responsibilities
- Develop and execute on the Global Compliance monitoring and testing program designed to evaluate the effectiveness of key compliance controls through routine and/or ad hoc monitoring and testing to ensure compliance with regulatory requirements, policies and procedures.
- Develop and execute test plans and test scripts related to significant compliance risk categories including but not limited to, privacy, economic sanctions, antitrust, anti-corruption and records management.
- Support the compliance testing initiatives at the business units and coordinate with Group efforts.
- Review and complete documentation of scoping, risk and control identification, control evaluation and observations in testing and monitoring.
- Analyze and identify trends across the organization and develop regular reporting of risk and control gaps.
- Participate and contribute to the compliance risk assessment process by identifying relevant compliance risks and control gaps.
Preferred Qualifications
- Familiarity with insurance, reinsurance and/or financial services industries; understanding of common compliance concepts across the globe
- Ability to work independently and as part of a team
- Strong organizational and time-management skills
- Proficiency in compliance management, GRC or similar software and tools.
- Thrives within a team environment
- Experience working with MS Word, Excel, PowerPoint