Compliance Associate in New York, NY

$80K - $100K(Ladders Estimates)

Capital Markets Placement   •  

New York, NY 10001

Industry: Finance & Insurance


5 - 7 years

Posted 51 days ago

  by  recruiter-profile-pic  Julie Bolbas

The Compliance Associates day-to-day responsibilities will:

  • Complete HO and Compliance reporting requirements
  • Monitor and track Banking's compliance with policies and procedures
  • Conduct testing of controls to determine effectiveness within the first line of defense, as well as to develop creative automated solutions to address testing needs and present information in a concise and comprehensive manner
  • Draft and update policies and procedures, and prepare training materials
  • Provide real time advice / guidance on policy, procedure and/or regulatory requirements to the business
  • Review marketing materials prior to external distribution in order to determine compliance with policy, procedure and regulatory requirements
  • Prepare monthly reports of compliance metrics to Banking senior management
  • Fulfill role of Banking's key risk contact for certain key risk categories within the Operational Risk framework
  • Assist with monthly key risk assessments as part of the overall Operational Risk framework
  • Assist in responding to information requests from internal audit, internal testing teams, as well as external auditors
  • Coordinate and document results of Reputational Risk Reviews within Banking
  • Assist in the drafting and updating of policies and procedures
  • Identify, analyze and escalate compliance and/or regulatory issues within NAB to determine their root cause and work with others to resolve the issues
  • Assist with the implementation of changes to the Compliance Risk Management platform, as well as internal policies and procedures, to understand impact and ensure compliance review procedures are updated as appropriate
  • Stay current on regulatory changes
  • Interact and maintain highly effective partnerships with line of business management and staff
  • Provide assistance, support and management of other projects as assigned


  • 5+ years of relevant work experience
  • Series 7 and Series 24 required or the ability to obtain the Series 7 and 24 within the first 6 months of employment
  • Broad working knowledge of laws and regulations related to areas of assignment
  • Demonstrated ability to develop project plans and independently coordinate and complete projects in a timely manner
  • Strong Critical Thinking and Problem Solving Skills
  • Self-starter
  • Ability to analyze complex laws and regulations
  • Quick and accurate reading comprehension
  • Efficient and Accurate record keeping
  • Strong written and verbal communication skills including a demonstrated ability to clearly provide written reports that accurately and clearly summarize issues and present solutions in an understandable and logical manner
  • Ability to influence others actions and decisions without express of authority
  • Proficiency in Microsoft Office Suite and other utility applications (e.g., Adobe Acrobat, PowerPoint, and Excel)


  • Bachelors degree, JD preferred

Valid Through: 2019-10-21