U.S. Bank

Deputy Chief Compliance Officer

U.S. Bank

full-time

Posted on:

Location Type: Hybrid

Location: Milwaukee • Illinois • Minnesota • United States

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Salary

💰 $143,905 - $169,300 per year

Job Level

Lead

About the role

  • Providing support to the Chief Compliance Officer including:
  • Developing and administering the Compliance program
  • Overseeing, maintaining and adjusting policies and procedures (including the development of new policies) to meet regulatory requirements and expectations, both domestic and foreign (Cayman Islands, EU, other)
  • Overseeing and working closely with corporate partners (i.e. risk, law division, corporate compliance) and business lines to address federal and state regulatory changes and to review/complete gap analysis and assist with action plan development
  • Providing compliance direction and advice in all areas applicable to the business lines including support for longer term compliance projects, internal and external audit matters and digital innovation projects
  • Managing certain regulatory documents and filings, such as the TA-2 filing
  • Overseeing corporate governance of domestic and offshore affiliates including review and preparation of Board Materials for various GFS entities
  • Overseeing and managing intra-company and third party service provider outsourcing arrangements, including updating procedures/programs to align with domestic and foreign regulations
  • Assisting with strategic initiatives including implementation of new service offerings and vendor relationships
  • Supporting selected firm-wide compliance initiatives and project management oversight in some instances, such as records management, data protection
  • Developing and overseeing various client and senior management reporting and departmental metrics, including reviewing and approving of compliance events and client communications
  • Overseeing project management of RSS departmental initiatives
  • Participating in client due diligence visits as needed
  • Seeking improvement opportunities and efficiencies in team processes
  • Other duties as assigned
  • Overseeing RSS Contracts, RSS Testing, Compliance and Project Management
  • Manage and provide guidance as needed. Each function has at least one manager/employee that is a direct report
  • Oversee contract management system implementation project to ensure project stays on track and meets deliverables
  • Oversee the testing team’s quarterly reporting and meet periodically with the testing team manager to support as needed
  • Oversee projects that direct reports are assigned to manage

Requirements

  • Bachelor's or Master’s degree in accounting, finance, securities law or related field, certified public accountant or law degree preferred
  • Ten or more years of experience in auditing, accounting, legal or regulatory compliance activities
  • Ten or more years of experience in investment securities or regulatory compliance activities
  • Five or more years of management experience
  • Strong knowledge of Federal securities regulations (1940 Act, Advisers Act), knowledge of foreign securities regulations a plus
  • Strong organization, analytical and project management skills
  • Strong critical thinking skills and proven track record demonstrating innovative problem-solving and implementation of creative solutions
  • Strong planning, implementation and negotiation skills
  • Ability to work both independently and collaboratively within cross-functional teams
  • Demonstrated agility in responding to shifting priorities and business requirements
  • Effective interpersonal, verbal and communication skills
  • Proficient computer skills, especially Microsoft Office applications.
Benefits
  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
compliance program developmentpolicy developmentgap analysisregulatory document managementproject managementcontract managementdata protectionclient reportingauditinginvestment securities compliance
Soft Skills
organizational skillsanalytical skillsproject management skillscritical thinkingproblem-solvingplanning skillsnegotiation skillscollaborationagilitycommunication skills
Certifications
Certified Public Accountantlaw degree