The Head of Compliance Controls (“CC”) will be responsible for managing the CC function. This role includes, but is not limited to, ensuring that annual testing plans are sufficiently planned and executed in accordance with applicable requirements, including reviews of FIU/AML, Core Compliance functions, as well as reviews of business lines and related front-to-back processes and controls. The Head of CC will develop the annual control plans based on the results of applicable risk assessments and seek approval for each year’s plan with the COO.

The Head of CC will oversee the planning and execution of each controls test, assuring that reviews are sufficiently scoped, testing is performed, and any issues/corrective measures are properly captured in review reports. The role will also focus on the performance and documentation of all CIB Americas Compliance risk assessments, which include, but are not limited to, the General Compliance Risk Assessment, three AML Risk Assessments (Anti-Money Laundering, Sanctions, and Anti-Bribery and Corruption), and a Compliance Controls Risk Assessment. The Head of CC will be expected to ensure these risk assessments are completed and to continually assess the efficiencies of their processes, as well as the substantive application of risk assessment methodologies to the Americas platform and operating legal entities, in close and active coordination with the AML and Compliance Advisory groups, Head Office Compliance, and Americas Compliance senior management. The individual will also be responsible for ensuring all underlying workpapers and final reports are prepared, as well as presentations of results to senior management.

Essential duties and responsibilities

• Ensure that annual controls testing plans are adequately designed, based on risk assessment results, and executed in accordance with firm requirements and methodologies.
• Oversee the efforts of the CC team to ensure that each review is sufficiently executed (i.e., that comprehensive testing is performed and that workpapers and final reports are prepared).
• Prepare statistics and management reports for senior management and applicable committees, highlighting the progress of plan completion, overdue corrective measures, and any challenges impeding progress and completion.
• Ensure that corrective measures raised by the CC team are sufficiently tracked and resolved, reviewing evidence of closure provided by action owners and stakeholders.
• Look for ways to enhance the CC function, improve efficiencies, and ensure that applicable risks that may arise are being captured in the annual plan.
• Coordinate with Compliance Advisory and AML teams to perform the General Compliance Risk Assessment, the Risk Assessments for AML, Sanctions, Anti-Bribery and Corruption, and any other Risk Assessments rolled out by Head Office.
• Maintain risk inventories, taxonomies, and any other program elements supporting risk identification and assessment, in collaboration with Head Office and the Compliance MIS reporting team.
• Work with Compliance Advisory to provide effective challenge on risk assessment results, driving aggregation and analysis of data.
• Prepare final risk assessment reports and related communications for Compliance and other senior management.
• Track timely completion of action items stemming from Risk Assessment for the platform and escalate to senior management as appropriate.
• Continually improve and streamline current practices and methodologies, calibrating for consistency between risk assessments, regions, and business lines. Coordinate with Head Office and other Natixis regions on global and local issues impacting the risk assessments to ensure that US views and needs are represented.
• Update and enhance Risk Assessment policies and procedures as methodologies and practices evolve and change.
• Leverage emerging technologies and tools to improve frameworks and work with Technology to improve data integrity, streamline, and automate processes as feasible.
• Develop business requirements for tools/systems to enhance the efficiency of data gathering and collation processes.

• Manage the CC team by overseeing work products, helping course-correct as needed to ensure the quality of these outputs before presentation to management and stakeholders.
• Work with individual members of the team on goals and performance objectives, looking for ways to leverage professional strengths and interests.
• Conduct mid-year and year-end performance reviews and provide insights to the CCO.

Qualifications

• 10+ years’ experience, with experience in Compliance, 1st Line Risk and Control function, Operational Risk, and/or Enterprise Risk Management.
• Experience developing and conducting Risk and Control Risk Assessments, General Compliance Risk Assessments, and AML Risk Assessments within a corporate and investment banking division, preferably at a major foreign bank.
• Knowledge of equities and fixed income sales and trading, structuring, and debt/equity capital markets, OTC derivatives, and wholesale banking products.
• Knowledge of Broker-Dealer, Swap Dealer, and AML/KYC, Sanctions, and Anti-Bribery and Corruption regulatory regimes in a corporate and investment banking context.
• Demonstrated track record of managing and prioritizing simultaneous projects with competing deadlines, and bringing projects to timely completion.
• Self-starter with a positive attitude and team player mindset.
• Strong analytical skills, particularly with structured and unstructured data.
• Ability to manage teams and motivate individuals to accomplish a common goal.
• Effective written and presentation skills; ability to interact and work closely with business and infrastructure partners at all levels of seniority.
• Strong organizational skills, with the ability to work towards and meet deadlines.
• Ability to interact with Head Office and Senior Management with complete transparency.
• Ability to proactively identify and analyze problems and propose viable solutions.
• Proficient in Excel, PowerPoint, MS Access, and other MS Office applications.

Natixis is an equal opportunity employer, committed to a workplace free of discrimination. Natixis will not tolerate any form of discrimination based on age, color, mental or physical handicap or disability, pregnancy, marital status, sexual orientation, national origin, alienage, ancestry or citizenship status, race, religion, sex (including sex stereotyping, gender identity, gender expression or transgender status), veteran status, creed, genetic information or carrier status, or any other protected characteristic as established by law.

Respect for all means that we deal with each person as an individual and not as a member of any group. All qualified applicants will receive consideration for employment. Management is expected to provide leadership in supporting the firms EEO program by taking steps to promote EEO in all facets of employment including recruitment, hiring, retention, promotion, performance assessment, and career-development opportunities.

The salary range for this position will be between $165,000 - $215,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.