Compliance Program Manager – Asset & Liability Management

Compliance Program Manager – Asset & Liability Management

Requirements

• Extensive experience related to Capital Management, Liquidity Management, Funding Plans, Interest Rate Risk Management and Balance Sheet Risk Management.
• Knowledge of Operational Deposits, Derivatives, Foreign Exchange, Investment Portfolio (HQLA/Non-HQLA) and Secure/Unsecure borrowing.
• General knowledge of Collateral Management procedures.
• Experience working with Regulatory-driven Liquidity Ratios (LCR and NSFR).
• Proficient in understanding financial reporting and risk management techniques.
• Strong verbal and written communication skills.
• Attention to detail.
• Independent thinking.
• Ability to influence and engage senior stakeholders.

Responsibilities

• Communicates effective compliance programs to identify and prevent illegal, unethical, or improper business practices.
• Trains and monitors junior staff and raises issues to senior team members.
• Supports key business initiatives by analyzing and drawing conclusions from data to identify compliance risks.
• Provides resolutions to manage and mitigate the identified risks.
• Identifies compliance impact on matters such as marketing materials, sales programs, product development, documentation review and other business initiatives.
• Assesses activity for existing and emerging risks.
• Evaluates the materiality of the risks identified and presents recommendations on necessary risk mitigation.
• Uses knowledge on current laws, rules, and other regulatory requirements and drafts or assesses Compliance Manuals, Front Office materials, policies and procedures to ensure alignment.
• Coordinates regulatory examinations and inquiries, including the coordination of interviews and information requests from regulatory agencies.
• Leads the compliance monitoring program and reviews activity to ensure it falls within established risk control limits.
• Helps to identify and define the compliance program objectives for assigned area, products/services, and applicable regulations.
• Communicates and socializes compliance program objectives to senior business partners and junior staff, as applicable.
• Independently challenges analyses and formulates insightful recommendations.
• Advises junior staff on how to appropriately challenge analyses and how to formulate thoughtful recommendations as needed.
• Reviews compliance reports to identify deeper issues and common themes.
• Escalates issues through proper governance channels as needed, and recommends corrective action plans.
• Advises junior staff on report analysis techniques as applicable.
• Updates and implements new/enhanced reports in order to ensure timely and effective compliance with regulatory requirements.

Preferred Qualifications

• Compliance Reporting
• Customer Risk
• Decision Making
• Regulatory Requirements
• Risk Assessments
• Risk Control
• Strategic Objectives