The Compliance Officer, Senior monitors business activities for compliance with applicable rules and regulations. Assists in the development and implementation of compliance programs for the organization. Being a Compliance Officer, Senior responds to inquiries from regulatory agencies and completes required compliance documentation. Ensures operating manuals and procedural documents stay current when regulations change. In addition, Compliance Officer, Senior may supervise and guide lower level compliance specialists. Requires a bachelor’s degree. Typically reports to a supervisor or manager. Being a Compliance Officer, Senior contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Compliance Officer, Senior typically requires 4 to 7 years of related experience.
Senior Compliance Officer Job Description Template
Our company is looking for a Senior Compliance Officer to join our team.
Responsibilities:
- Provides support to staff and management working with federal and state examiners during compliance-related examinations;
- Conducts compliance reviews in accordance with established standards and practices as directed;
- Develops and maintains a current library of compliance resources and provide informational assistance as requested;
- Reviews advertising and marketing material for compliance as directed;
- Reviews rules, regulations and/or laws to confirm accuracy prior to responding to information requests;
- Acts as a resource for Vendor Management, BSA/OFAC and Complaint Management teams;
- Prepares regulatory-related documentation and policy statements requiring adoption by the board or periodic board review and approval as directed;
- Marketing Review;
- Control Room Compliance (Research/Investment Banking Interactions);
- 15a-6 account opening and monitoring;
- Regulatory exam and inquiry support;
- Internal risk assessments and testing;
- Monitoring of Third Party Vendors;
- Anti-Money Laundering- Account opening/screening process;
- Suspicious Activity Review filings.
Requirements:
- Reviews rules, regulations and/or laws to confirm accuracy prior to responding to information requests;
- Acts as a resource for Vendor Management, BSA/OFAC and Complaint Management teams;
- Prepares regulatory-related documentation and policy statements requiring adoption by the board or periodic board review and approval as directed;
- Develops and maintains a current library of compliance resources and provide informational assistance as requested;
- Maintains certifications and attends training sessions as required;
- Reviews advertising and marketing material for compliance as directed;
- Conducts compliance reviews in accordance with established standards and practices as directed;
- Provides support to staff and management working with federal and state examiners during compliance-related examinations.