Compliance Manager Job Description
Compliance Manager Duties & Responsibilities
To write an effective compliance manager job description, begin by listing detailed duties, responsibilities and expectations. We have included compliance manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Compliance Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Compliance Manager
List any licenses or certifications required by the position: ISO, CRCM, CAMS, PMP, CFE, COS, IEC, CISA, PCI, EAS
Education for Compliance Manager
Typically a job would require a certain level of education.
Employers hiring for the compliance manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Education, Finance, Accounting, Law, Management, Business/Administration, Legal, Economics, Health
Skills for Compliance Manager
Desired skills for compliance manager include:
Desired experience for compliance manager includes:
Compliance Manager Examples
Compliance Manager Job Description
- Keeping abreast of upcoming, new and revised rules, regulations and directives applicable to the business and facilitating changes, as required
- Identify, communicate, and escalate as appropriate control issues and process inefficiencies
- Development of compliance best practices, and communicating US regulatory rules and laws ensuring their implementation throughout the firm
- Take a leading role in the development, enhancement and completion of the Compliance Monitoring Program (CMP)
- Responsibility for the development and implementation of risk assessments and CMP annually
- Driving forward monitoring capabilities, benchmarking with our peers, hosting and attending monitoring forums
- Provide input to risk assessments of sub-advisors and provide oversight on behalf of the RTC Funds of sub-advisor upon engagement and in quarterly reporting
- Head up compliance function and MLRO for the business
- Maintain and update knowledge base of compliance to aid the business on legislation
- Identify risks to the business and offer resolutions
- Proven ability to build confidence and trust with internal and external customers
- Significant exposure to compliance /regulatory issues and a record of problem solving in that sphere
- Minimum of 5 years work experience in compliance, audit or investments
- Strong knowledge of Private Banking and Private Trust
- Wealth industry knowledge and/or Wealth business experience
- Canadian Securities Course and/or other relevant exams
Compliance Manager Job Description
- Review the applicable Corporate Records Retention Schedule(s) and notify BNYMellon Global Records Management of any issues specific to their area which would require changes to the Records Retention Schedule(s), such as the addition of new Record Classes or Business Functions within the Schedule(s)
- Conduct and/or facilitate internal communication and training on Records Management issues and best practices
- Assist with defining business-specific service provider requirements for any Records storage, retrieval, protection or destruction contracts
- Respond to reported violations of the Records Management policy or incidents pertaining to records management and escalate such violations as appropriate
- Assist the Legal Department in the Legal Hold process
- Ensure adherence to, and coordinate all, requirements of the Records Management Reporting Framework (Attestation) and enterprise Records Management initiatives such as the Self-Assessment Minimum Standards program
- Facilitate the records destruction review and approval process for the disposal of all types of records
- Participate in division and corporate working groups and initiatives relating to privacy and/or records management matters
- Serve as a consultant to senior leadership on privacy and records management issues
- Build up Compliance Team in China
- Prior experience in a similar
- Advanced professional education is preferred
- Ability to interact with senior management and investment professionals clients
- Ideally will have previous experience within compliance at an asset manager
- Flexibility to change the ability and desire to influence change
- Promotes self and team learning opportunities
Compliance Manager Job Description
- Acting as a liaison with compliance colleagues to assist with the delivery of the regional and global compliance priorities
- Processing state and local applications
- Reporting their business activities within various jurisdictions
- Ensuring that all licensing and tax accounts are established
- Reslove tax and licensing related matters with various off-site locations within the organization
- Develop effective working relationships with Accounting, Sales, and Management staff
- This position will also act as a liaison with state and local government entities
- Review, design and implement company policies
- Set up internal control and ensure compliance workflow
- Fix internal control deficiencies as identified by management or internal control reviews
- Candidates to have experience in retail banking and compliance
- University degree holder in related fields including Law, Finance
- At least 5 years of experience in compliance and knowledge in asset management, FICC, equities, derivatives, leverage and acquisition finance and private wealth management
- Passion for compliance and regional exposure will be a plus
- 4 year college degree is preferred, would consider comparable experience
- Bachelor degree in finance, accounting, auditing or other related field, previous big 4 experience is a plus
Compliance Manager Job Description
- Develop, implement and as applicable enforce an adequate and consistent compliance framework including preparing and maintaining current Compliance related policies, procedures, manuals and guidelines designed to ensure timely compliance with all laws, rules, regulations, guidelines, codes of conduct and standards of good practice
- Provide leadership and a high level of service to internal clients, providing interpretive advice as to the application of complex securities regulations to various business scenarios
- Conduct periodic compliance testing and monitoring to ensure that compliance procedures are followed as per the Compliance Assurance Program (CAP)
- Manages and assists the Senior Compliance Manager in drafting, editing and maintaining written policies and procedures and presentation materials for client and executive visits
- Provide training programs at induction, subject specific programs and oversight of the eLearning programs that are Compliance related
- Support timely and complete regulatory filings and notifications as required under regulation
- Undertake compliance reviews, documentation drafting, provision of compliance opinions/views and research assignments as requested
- Manage a team of investigators who review, investigate and respond to customer complaints
- Co-ordinate & Lead Compliance Council meetings across both facilities
- Co-ordinate all Audit activities across both facilities & partner with leaders and process owners to drive process improvement and issue resolution as required
- Significant customer focus and understanding of regulatory risk
- Ability to manage high volumes of work in a fast paced environment and manage multiple priorities
- Ability to influence people and deal with conflicting points of view and to effect creative and responsive solutions
- Ability to deal with all levels of staff within TDBG
- Experience in Compliance, Operational Risk, Legal or Audit at a financial institution
- Working closely with the business to develop and implement Compliance plans and frameworks
Compliance Manager Job Description
- Research and understand Industry rules and activities in order to help incorporate effective supervision for business policies and procedures
- Assist business partners in developing adequate compliance policies and procedures
- Ensure Compliance Policies and corresponding Business Written Supervisory Procedures (WSP) are established and refreshed
- Work on ad hoc continuous improvement projects to enhance policy, strengthen controls and build efficient processes
- Assist EMEA Controllership team with balance sheet reviews and close calls
- Review of Internal Audit reports for EMEA and assist on Controllership issue
- Coordination of the Financial Shared Service Centre Internal Audits
- Stay apprised of regulatory changes, partner with legal counsel to provide actionable advice to business units supported
- Actively attend meetings and collaborate with multiple business partners to foster a culture of compliance
- Encourage and manage the right balance between the customer, adviser and shareholder within the regulatory and legal framework
- Firm understanding of the products and services offered by a broker dealer, supervisory responsibilities of each
- 5+ years of related experience in compliance operations, risk management, and industry experience (development, infrastructure, application, operations and security)
- At least 5 years solid compliance function in pharmaceutical industry with 2 years or above managerial experiences
- Bachelor degree above, majoring in Finance / Accountancy or related disciplines
- Ability to develop effective working relationships with clients and staff
- Knowledge of CFTC / NFA FINRA requirements