Senior Compliance Officer

A foreign banking organization (“FBO”) in New York City is seeking a highly motivated, analytical, and hands-on AVP Compliance Officer with broad banking compliance experience to serve as a key member of the Compliance Department. The successful candidate will support the design, implementation, and ongoing enhancement of the Bank’s Compliance Program, and will independently execute a broad range of responsibilities across regulatory analysis, testing, policies and procedures, risk assessments, governance, management reporting, systems- and data-related enhancements, and day-to-day advisory matters. This role requires an individual who can move comfortably between detailed hands-on execution and broader Compliance Program objectives: translating regulatory requirements into practical processes into controls; identifying how policies, procedures, systems, data, and testing connect; coordinating implementation across functions; and following matters through to successful resolution. The successful candidate must exercise sound judgment, communicate complex issues clearly and concisely to senior stakeholders verbally and in writing, and provide constructive challenge while building effective relationships across the Branch and with Head Office.

Experience and Educational Requirements:

• Bachelor’s degree or equivalent in Finance, Business, or a related field, a Master’s degree is a plus.

• 7-10+ years of progressively responsible banking Compliance experience, including a strong hands-on BSA/AML and sanctions foundation and exposure to broader U.S. banking compliance matters. FBO, wholesale/corporate banking, and/or lean banking environment strongly preferred.

• CAMS, CRCM, CFE, or equivalent are preferred.

• Strong data and systems fluency, including comfort analyzing/reconciling compliance data, understanding system/data flows, supporting UAT and control validation, and developing meaningful management information (MI). Advanced Excel proficiency (PivotTables, Power Query, advanced formulas).

• Excellent written and verbal communication skills, including the ability to provide clear, concise, decision-ready analysis to senior management, and communicate credibly with regulators, auditors, business stakeholders, and Head Office. Substantive experience writing policy is a plus.

• Demonstrated experience independently managing assigned compliance processes and projects through analysis, implementation, documentation, follow-up, and ongoing enhancement.

• Demonstrated ability to research and interpret regulatory requirements and translate them into practical, risk-based processes and controls.

• Demonstrated ability to exercise sound judgement, manage competing priorities independently, and identify practical solutions to compliance-related problems.

Key Responsibilities:

Compliance Program, Advisory and Oversight:

• Support the design, implementation, and ongoing enhancement of the Branch Compliance Program through a broad range of hands-on Compliance responsibilities.

• Research, interpret, and assess applicability of Federal Reserve, NYDFS, FinCEN, OFAC, BSA/AML, and other applicable U.S. banking regulatory requirements, and translate requirements into practical, risk-based processes and controls.

• Provide Compliance advisory support to business and support functions on a broad range of regulatory, BSA/AML, sanctions, governance, and operational matters.

• Prepare clear, concise, decision-ready Compliance reporting and analysis for senior management, governance committees, and other stakeholders,

• Coordinate effectively with business units, Operations, IT, Information Security, Operational Risk, Head Office, and other stakeholders; provide constructive challenge, foster effective and warm working relationships, and follow matters through resolution.

• Support internal audits and regulatory examinations, including coordinating requests, reviewing and preparing response materials, tracking findings and remediation, and interacting with auditors or examiners, as appropriate.

• In CCO’s absence of as delegated, participate in internal meetings and governance forums on behalf of Compliance, and keep CCO apprised of significant developments and emerging issues.

Compliance Testing and Issue Management:

• Lead, design, execute, and maintain the comprehensive Compliance Testing Program for the Bank.

• Develop and maintain risk-based annual and periodic testing plans, methodologies, test scripts, sampling approaches, and work papers.

• Assess both control design and operating effectiveness, identify exceptions and control gaps, perform root-cause analysis, and prepare clear testing conclusions and management reports.

• Track testing, audit, and regulatory issues through remediation; review proposed corrective actions and validate that remediation effectively addresses underlying risks.

• Use risk assessments, emerging regulatory developments, prior findings, business and system changes, incidents, and other relevant information to determine testing scope and priorities.

Policy, Procedure, and Process Enhancement

• Draft, review, maintain, and enhance Compliance policies, procedures, job aids, and supporting documentation.

• Review existing processes and policies for clarity, consistency, control effectiveness, and appropriate alignment with regulatory requirements.

• Identify opportunities to simplify, strengthen, standardize, and document Compliance processes to promote effective execution and preservation of institutional knowledge.

• Manage assigned Compliance initiatives from initial analysis through stakeholder coordination, implementation, documentation, and follow-up.

Systems Reviews and Management Information (“MI”) Reporting:

• Participate in compliance systems implementations, enhancements, tuning initiatives, and post-implementation reviews, including UAT, defect resolution, and control validation.

• Work with IT and Information Security teams to communicate Compliance requirements and support the development and testing of appropriate system and control solutions.

• Analyze and reconcile Compliance data to assess completeness, accuracy, trends, control performance, and emerging risks.

• Build advanced Excel models to analyze Compliance data sets.

• Generate high-quality MI dashboards and KPIs for senior management.

• Identify practical opportunities to improve efficiency through data analysis, workflow enhancement, automation, and better use of existing technology.

Financial Crime and Day-to-Day Compliance Operations:

• Maintain a strong working knowledge of BSA/AML, OFAC and sanctions, KYC/CIP/CDD/EDD, the FFIEC BSA/AML Examination Manual, and related regulatory expectations.

• Provide advisory support on transaction monitoring, customer due diligence, sanctions matters, Special Measures, suspicious activity, and other financial crime issues, as required.

• Participate in the annual review and enhancement of the Branch BSA/AML and OFAC risk assessments, including analysis of quantitative and qualitative risk factors relating to customers, products, services, geographies, systems, and new initiatives.

• Support development and delivery of Compliance training and communications.

• Provide hands-on support for Compliance operations, including documentation, reconciliations, meeting materials and minutes, investigations, and alert review when necessary, while maintaining focus on broader Compliance Program objectives.