Senior Associate, Regulatory Compliance

Compliance Role

This role will support a team ensuring OCC demonstrates compliance with regulatory obligations. Primary responsibilities include supporting the team in maintaining OCC's legal framework, monitoring changes to internal processes that may impact the organization's regulatory compliance posture, advising business units on regulatory compliance matters, advising on and facilitating remediation of regulatory and audit findings, and reviewing company policies, procedures, and controls. This role will be responsible for identifying, recommending, supporting and driving improvements to enhance the performance, integrity, and compliance of the organization's processes. This role supports the continued development and implementation of the compliance program, which includes driving compliance strategies, process and control development and documentation, risk identification and mitigation, and supporting regulatory exams. This role is highly focused on supporting reviews of the organization's compliance with applicable regulatory and legal rules and requirements (i.e., SEC, CFTC, Federal Reserve, etc.).

Primary Duties and Responsibilities:

• Support a team that maintains processes (including policies and procedures), controls and tools required to provide regulatory advisory services for the business units across the organization, including financial risk management, clearing and settlement, enterprise risk management, corporate finance, information technology, security, and other general business teams
• Provide guidance to first line of defense (business units) related to effective demonstration of compliance with regulatory obligations covering their areas
• Assist business units on the development and implementation of effective remediation plans to address internal or external findings
• Assist business units with the identification, understanding, and development of processes, policies, procedures, and controls that effectively demonstrate compliance with regulatory obligations
• Assist the compliance monitoring program in support of providing frequent and highly professional reports to the CCO, executive management, and the Board of Directors
• Interact and communicate in a highly effective, professional, and insightful manner with business colleagues within the company
• Exhibit and foster a strong compliance culture across the organization
• Exhibit and foster strong collaboration across OCC's control functions (i.e., internal audit, enterprise risk management, compliance, model risk management)
• Assist in the writing of the annual compliance report, as well as other ad hoc and regularly occurring reports
• Keep abreast of changes in regulatory environment and industry best practices/frameworks
• Perform reviews of OCC's legal framework, including updating and reviewing referenced policies, procedures, and controls that evidence compliance with regulatory obligations
• Produce and deliver education on regulatory compliance topics
• Assist with remediating regulatory and Internal Audit findings, including collecting data to identify root cause of problems, identifying trends, and formulating solutions
• Assist with collection of documents and other preparation as part of the exam management process
• Perform ad-hoc duties for Compliance management as necessary

Qualifications:

• [Required] Basic working knowledge of the financial industry
• [Required] Excellent organizational and communication skills
• [Required] Comprehensive analytical, conceptual and problem-solving skills
• [Required] Ability to support policy and procedure management, process and control management, testing, monitoring, risk assessment, and findings management
• [Required] Ability to manage and prioritize assignments and respond to rapidly shifting priorities
• [Required] Ability to work independently and as a member of a team, collaborating with internal business clients at various levels of seniority
• [Required] Must be able to work under deadlines and manage multiple tasks
• [Required] Strategic thinker, with strong conceptual and problem-solving skills
• [Preferred] Basic working knowledge of securities and commodities rules and regulations. (i.e., SEC, CFTC, etc.)
• [Preferred] Basic working knowledge of compliance related best practices
• [Preferred] Some experience in risk and control frameworks, and process improvement frameworks (e.g. COBIT, COSO, ITIL, NIST, ISO 27001, ISO 9001, CMMI)

Technical Skills:

• [Required] Proficiency with MS Office software
• [Preferred] Experience using an integrated risk management system (such as RSA Archer), Document Management tools, and reporting tools
• [Preferred] Experience using PolicyTech

Education and/or Experience:

• [Required] Bachelor's Degree in Accounting, Business, Economics, Finance, other business and finance-related discipline or Information Systems, Computer Science or related discipline
• [Required] 0-3+ years of experience
• [Preferred] Experience working in compliance, audit, or risk for a financial services company
• [Preferred] Familiarity with the Securities Exchange Act of 1934 and the Commodity Exchange Act

Certificates or Licenses:

• [Preferred] CPA, CFA, CIA, CFE, CISA, etc.