Job Description

Job Purpose:

Job Background/Context:

Compliance Independent Assessments (CIA) Performing Compliance testing, Targeted Assessments and Monitoring routines for ICRM Services Liquidity & Investments Services (LMS) business segment.

Key Responsibilities:

Serves as a senior compliance risk officer for Independent Compliance Risk Management (ICRM)’s Testing team responsible for assessing compliance risks and controls implemented by the first and second line of defense. Also responsible for performing risk assessments of MNC's compliance risks; performing independent testing activities (testing and on-going monitoring) to assess the design and effectiveness of key controls designed to address compliance risk; reporting and escalating control issues and any violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues.

Key Activities include:

• Developing, implementing, and executing compliance testing, continuous testing, and reporting programs within an assigned region in accordance with the Compliance Testing (CT) Plan.
• Participating in the planning, executing, and reporting of compliance testing reviews and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity within an assigned region in accordance with CT Plan.
• Serving as a lead reviewer for complex reviews, analyzing report findings, and communicating findings to corresponding control/process owners.
• Ensuring the timely delivery of high quality, value added testing and audit reports for a portfolio of business activities, which meet the requirements of the Boards of MNC, their affiliates, and respective regulators globally.
• Analyzing and documenting report findings, and having preliminary discussions with corresponding control/process owners.
• Assisting with development of Compliance Testing Risk Assessments, Monitoring Monthly, and Quarterly Summaries and the development and enhancement of Compliance Testing Methodologies and Standards.
• Utilizing innovative compliance testing solutions including Data Analytics to increase value and reduce costs of compliance-related activities.
• Developing effective relationships within CT function and with stakeholders including Business process owners and Internal Audit function.
• Identifying industry best practices and sharing insights with CT teams regularly.
• Informing CT management of significant compliance matters requiring attention or action.
• Additional duties as assigned.
• Appropriately assessing risk when business decisions are made, safeguarding MNC, its clients, and assets by ensuring compliance with applicable laws and regulations.
• Applying ethical judgment, maintaining transparency in reporting control issues, and adhering to policies.
• Knowledge of Platform and Data Services (PDS), AI & Digital Assets products within Services.

Qualifications:

• Expertise in compliance laws, rules, regulations, risks, and typologies
• Experience in planning, executing, and reporting compliance testing reviews and regulatory issue validation
• Strong knowledge of auditing principles including risk assessments, controls testing, and reporting
• Demonstrated career progression within reputed institutions with complex product lines
• Understanding of regulatory frameworks impacting financial services
• Strong stakeholder management and interpersonal skills
• Ability to work effectively in large, complex matrix organizations
• Strong negotiation and communication skills with a proactive approach
• Excellent written and verbal communication
• Willingness to travel
• Self-starter with flexibility, innovation, and adaptability
• High attention to detail and strong organizational skills
• Strong presentation skills to articulate complex problems clearly
• Ability to collaborate with global and regional teams
• Experience managing regulatory exams and relationships with auditors
• Awareness of global regulatory requirements (US, UK, EU)
• Advanced knowledge of Liquidity & Management Services (LMS)

Person Specification

Knowledge/Experience

Essential:

• Experience in audits, reviews, compliance advisory
• Strong understanding of global regulations (US, UK & EU)
• Compliance risk management frameworks, policies, and procedures

Desirable:

• Knowledge of Services Products and procedures

Skills (Technical Skills)

Essential:

• Testing methodologies
• Data analytics
• Audit tools and software
• Critical thinking
• Attention to detail
• Problem-solving and solution orientation

Qualifications (Degree/Certifications)

Essential:

• Graduate

More Info

Education