We are currently seeking an
Investment Compliance Officer within the Market, Liquidity, Wealth Risk & Compliance Team. This position can be located in Houston, TX, Salt Lake City, Utah, or Charlotte, NC
DescriptionThe Market, Liquidity, and Wealth Risk Management (MLW) Team works closely with key executives to monitor and manage some of the most significant (and expanding) processes associated with the financial services industry. The Investment Compliance Officer is responsible for providing comprehensive compliance and operational risk oversight for the Bank's broker-dealer, capital markets, and investment banking activities. This individual contributor role ensures the Bank's activities comply with applicable laws, regulations, and internal risk management frameworks, while supporting effective governance, risk assessments, monitoring/testing, and regulatory change management.
Responsibilities:This role operates as a subject matter expert and trusted advisor to front-line business partners, risk stakeholders, and senior management on compliance requirements affecting trading, structuring, and capital markets operations. A Risk & Compliance Officer within MLW provides leadership, analytical skills, and innovative thinking necessary to not only carry out existing risk monitoring frameworks and compliance program but also to enhance and improve existing programs and challenge business line assertions and assessments. Specific responsibilities include, but are not limited to:
- Provide day-to-day compliance support and oversight for the institutional broker-dealer's capital markets and investment banking activities.
- Review new products, services, and complex transactions for regulatory compliance implications.
- Conduct scheduled monitoring and testing reviews over assigned business line activities in accordance with the compliance and risk program.
- Perform thematic reviews, surveillance analyses, and control effectiveness testing. Document findings, root causes, and recommended corrective actions.
- Communicate findings/issues to business line management in a professional manner.
- Interact with business line partners; schedule and conduct monthly meetings.
- Review electronic communications and marketing materials as needed.
- Provide impact analysis of proposed and new regulations and industry enforcement actions.
- Maintain and update compliance policies, desk procedures, and risk assessment documentation.
- Prepare reports for senior management, Compliance leadership, and governance committees.
- Participate in audits and regulatory examinations; coordinate responses and evidence gathering.
Qualifications- Requires a bachelor's degree in business, finance or a related field.
- 2-4 + experience in financial services regulatory compliance, risk management, securities industry, broker-dealer or directly related field.
- A combination of education and experience may meet requirements.
- FINRA Series 7, 79, and/or 24 are strongly preferred. Employee will be required to obtain required FINRA licenses within 12 months of employment.
- Experience with institutional trading, securities underwriting, and investment banking activities preferred.
- Strong Excel skills and experience in data analysis, data mining, or database management is preferred.
- Strong analytical skills with the ability to bring together large amounts of data into succinct reports.
- Excellent verbal and written communication skills and ability to present information to regulators, senior management.
- Ability to interpret regulatory rules and translate them into practical business requirements.
- Strong communicative, analytical, and problem-solving skills with the ability to challenge the business constructively.
- Experience in BSA/AML a plus.
- Self-motivation and the ability to work independently or with team members.
Benefits:- Medical, Dental and Vision Insurance - START DAY ONE!
- Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
- Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
- Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays
- 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
- Mental health benefits including coaching and therapy sessions
- Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business
- Employee Ambassador preferred banking products
