|Role Title||Sr. Compliance Consultant- Minneapolis||JobID||JRA438|
|Role Type||Permanent||Date Posted||09-03-2020|
|Company Information||BIG 5 BANKING FIRM
(Consistently ranked as one of the best employers to work for)
|Role Description||Wealth and Investment Management (WIM) businesses build enduring client relationships through sound, thoughtful and objective advice. We help our clients by developing individualized plans for everything from retirement goals to business succession planning, to family legacy intentions. Services include comprehensive planning and advice, investment management, brokerage, private banking, estate planning strategies, trust, insurance and both individual and institutional retirement.
Wealth and Investment Management (WIM) provides a full range of personalized wealth management, investment and retirement products and services to clients across U.S.-based businesses. We deliver financial planning, private banking, credit, investment management, and fiduciary services to high-net-worth and ultra-high-net-worth individuals and families. We also serve customers’ brokerage needs, supply retirement and trust services to institutional clients, and provide investment management capabilities delivered to global institutional clients through separate accounts and our Advantage Funds.
WIM Testing & Validation
The WIM Testing & Validation (T&V) function performs regulatory compliance and operational risk testing and issue validation on all the WIM businesses. This consolidated function provides independent assurance that risk programs and controls are operating effectively.
Specific duties for this position include, but are not limited to:
Implement the T&V COE methodology and standards, and execute group-specific testing.
Exercise effective communications and promote positive client relations with business line team members and management.
Maintain authoritative knowledge and full understanding of laws and regulations, regulatory guidance, policy and procedure concerning all compliance functions reviewed.
*Please note that this position does not offer license sponsorship
Total 4+ years of experience is required
2+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both
2+ years of experience in one or a combination of the following: additional compliance, additional operational risk management, IT systems security, business process management or financial services industry experience; or a
BS/BA degree or higher in business or a related field
Intermediate Microsoft Office skills
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Other Desired Qualifications
Audit or regulatory examination experience and knowledge of the laws, rules and regulations applicable to the WIM business preferred
|Minimum BS/BA degree or higher in business or a related field|
|Competencies||Audit or regulatory examination experience and knowledge of the laws, rules and regulations applicable to the WIM business preferred
Knowledge of corporate compliance policies, procedures and standards
CPA, CFP, CFA, CIA, or CRCM certification preferred
|Characteristics||No visa sponsorship for this role.|
|Security Clearance Required? (Y/N)||NO||Relocation Assistance Offered? (Y/N)||NO|