Ensure that new compliance policies and changes to existing policies are promptly and clearly communicated to applicable business units and functions through the issuance of Compliance Advisories or through other communications;
Conduct screening and investigations to uncover adverse media, OFAC sanctions risk and/or politically exposed persons (PEP); assist in the tracking metrics for new investor, high-risk investors and foreign PEPs.
Focus on compliance best practices with respect to governance, industry initiatives, and effective supervision. Be responsible for enhancing the Firms governance and policy framework to promote compliance awareness and encourage issue escalation.
Maintain and enhance an enterprise-wide BSA/AML/OFAC/CTR risk management framework that incorporates risk assessment, control design, training, monitoring, testing, and reporting of BSA/AML/OFAC/CTR matters.
This role within the Core Compliance team is responsible for managing NAWs compliance policies, procedures and reporting. This entails oversight of the NAW compliance intranet site and the official repository of compliance policies and procedures.
Provide annual Compliance update, as well as quarterly updates of any requisite Compliance event, to the Audit Committee; work with Learning & Development Team to develop training programs and internal tracking procedures.
Managing compliance-related functions for AXA Distributors headquarters staff and wholesalers, including FINRA registration and insurance licensing, firm and regulatory elements, initial and ongoing compliance training, outside business activity tracking, as well as outside securities activity tracking and account review, customer complaints and regulatory inquiries, and updating the compliance manual and supervisory procedures manual.