Compliance Testing & Policies Manager

We are seeking a dedicated and experienced Compliance Testing & Policies Manager to join our team. In this role, you will be responsible for planning and executing substantive testing to evaluate the effectiveness of internal controls. Working closely with senior members of the Compliance Department, you will help ensure the program is operating effectively and aligns with industry best practices for a diversified financial services company.

The Compliance Testing & Policies Manager will collaborate with the Compliance Monitoring Program (CMP) team to foster consistency, efficiency, and effectiveness, ensuring testers understand their responsibilities and adhere to best practices. The role also involves providing compliance support, offering expertise within established guidelines, and ensuring all activities comply with applicable regulations. You will be a trusted advisor to business lines, handling complex aspects of the compliance function, preparing senior management reports, and assisting with various initiatives.

This position is also responsible for maintaining and updating all policies and procedures to reflect current regulatory requirements and business practices. You will work closely with Compliance officers to analyze policies, coordinate the annual review process, and ensure that documentation is kept up to date.

Key Responsibilities:

• Maintain and enhance the Compliance Monitoring Program (CMP) policies, procedures, and protocols to ensure adherence to regulatory rules, regulations, and best practices.
• Prepare detailed workpapers to support the results of reviews.
• Collaborate with key internal teams, including Risk & Governance and Internal Audit, to ensure alignment and efficiency within the program.
• Develop and/or enhance CMP management reporting, providing regular updates to Senior Compliance Officers or Oversight Committees.
• Execute CMP testing in coordination with relevant business lines and Internal Audit, ensuring deadlines are met and results are actionable.
• Lead coordination of CMP efforts across Compliance Officers, ensuring the program is well-understood, running smoothly, and all components are working together.
• Manage key CMP projects and initiatives, ensuring successful implementation.
• Provide guidance on core and regulatory compliance issues as needed.
• Support Compliance management in firm-wide projects and initiatives.
• Work with Compliance leadership to identify new regulatory requirements and adjust testing plans or policies accordingly.
• Oversee the management of all policies and procedures housed on the PolicyTech portal.
• Lead the annual policies and procedures review process.
• Assist with administrative tasks for the Compliance team, including scheduling meetings and liaising with other departments such as Risk, Legal, and Controllers.

Qualifications:

• BS/BA degree or equivalent work experience required; JD preferred.
• 10+ years of relevant work experience in compliance or regulatory roles.
• Prior experience in a large financial organization is strongly preferred.
• Strong understanding of complex financial regulations and legal issues.
• Excellent organizational, analytical, and communication skills (both written and verbal).
• Proficiency in Excel and SharePoint.
• In-depth knowledge of the securities industry and current regulatory requirements.
• Ability to execute complex tasks and provide strategic analysis.
• Strong interpersonal skills, with the ability to work effectively with senior business managers.
• Experience with process automation and workflow management is a plus.