Senior Business Control Specialist – Technology Risk, Regulatory Engagement
Bank of America
Lead Compliance Officer – Trade Surveillance Oversight
Wells Fargo
full-time
Posted on:
Location Type: Hybrid
Location: Charlotte • New York, North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $119,000 - $224,000 per year
Job Level
Senior
About the role
- Provide oversight, monitoring and effective challenge of the front-line surveillance program in line with federal, state, agency, legal, regulatory and Corporate Policy requirements.
- Oversee the Front Line's execution and challenge appropriately on surveillance and market abuse risk related decisions.
- Develop, oversee, and provide independent credible challenge to standards with subject matter expertise
- Monitor and independently challenge the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding front line oversight
- Develop, oversee, and provide expert business and regulatory compliance functional knowledge.
- Develop and present Oversight program materials to senior management.
- Provide regulatory compliance risk expertise and consulting for projects and initiatives with high risk over multiple business lines.
- Make decisions and resolve issues to meet business objectives.
- Interpret policies, procedures, and compliance requirements.
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
- Work with complex business units, rules and regulations on moderate to high-risk compliance matters.
Requirements
- 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Understanding of market abuse concepts and experience operating surveillance platforms including but not limited to the creation, enhancement and testing of surveillance modules around specific market abuse behaviors across multiple asset classes.
- Understanding of Corporate and Investment Banking business operations, processes, products and customer interactions.
- Subject matter expertise and experience in rates and / or equities surveillance, data types and lifecycles with fixed income, municipals, and futures a plus.
- Proven track record of improving processes and enhancing surveillance applications (Trading Hub, Actimize ActOne, Protegent, Catalyst, GMI) Surveillance, testing or audit experience in a regulatory environment experience
- Experience in a financial services, audit, compliance or regulatory organization
- Knowledge of US Market Abuse or Manipulation Regulations and FCA MAR Behaviors
- Knowledge of FINRA, CFTC, NFA, FX Global Code Surveillance exposure in fixed income, derivatives, equities and futures asset
- Prior experience with trade data and parameter reviews, regression testing, documentation and aggregation experience.
- Strong leadership skills and strong analytical skills with high attention to detail and accuracy.
- Ability to prioritize multiple engagements simultaneously initiate action, engage in effective challenge, make difficult decisions, and raise issues.
- Professionalism, adaptability and strong collaboration skills.
- Good communication skills (verbal and written) including the ability to concisely articulate complex concepts in a clear manner.
- Strong Microsoft Office skills, including the ability to produce materials suitable for senior management presentations.
- Demonstrate good judgment and problem-solving abilities.
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
compliancesurveillancemarket abuseregulatory compliancedata analysisprocess improvementregression testingauditfinancial servicestrade data
Soft skills
leadershipanalytical skillsattention to detailprioritizationproblem-solvingcommunicationcollaborationprofessionalismadaptabilitydecision-making
