We are actively recruiting for an seasoned banking Compliance professional to function as Deputy Chief Compliance Officer. Candidates should be in a Lead or Managerial Role in Commercial Banking .Reporting to the Chief Compliance Officer, the Deputy Chief Compliance Officer is the independent compliance partner to multiple Business Divisions and is responsible for ensuring that the Compliance Programs appropriately addresses the regulatory risks relative to the Division/Unit's business activities. As a Compliance leader, working within the Compliance function, the Deputy Chief Compliance Officer will be actively engaged with multiple businesses to provide compliance advice, monitoring and oversight of effective Programs. The incumbent must have the ability to act as a Deputy in the absence of the Chief Compliance Officer.
1. Serve as a subject matter expert, and support the NY Compliance team in executing its compliance responsibilities.
2. Assist in directing the overall compliance program and strategy for Firm Compliance. Assist with the day-to-day management of the Compliance Program for the New York Branches, which includes the BSA/AML and OFAC Compliance Programs and Consumer Compliance Program.
3. Recommend policies and partner with senior management to implement the Firm's compliance program.
4. Provide strong leadership, and develop Compliance staff.
5. Provide advice and guidance to management on the implications of compliance trends and issues affecting the firm.
6. Provide support to and work with legal and business groups to interpret and execute various regulatory and overall compliance issues.
7. Partner with Bank colleagues and build a coherent and effective NY compliance program.
8. Interact with business teams and other staff to assist in resolving compliance issues.
9. Assist on special projects and ad hoc assignments.
QUALIFICATIONS
Candidates should offer a minimum of 10 years direct experience in Commercial Banking.
• Knowledge of U.S. banking business, such as commercial lending, private banking, and correspondent banking. Proficiency in BSA/AML/OFAC and consumer regulations required (Reg B,D,E, F,O, P,U,Z,AA,CC,DD, etc).
Technical Skills:
• Must be able to use various in-house software compliance monitoring systems. Proficient in MS office.
