Regulatory Compliance Specialist

3 days ago Be among the first 25 applicants

This range is provided by Confidential. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$55.00/hr - $60.00/hr

Direct message the job poster from Confidential

Contract – Bank Regulatory Compliance Officer

Department: Compliance – Bank Regulatory Compliance

Location: New York

The Bank Regulatory Compliance Team (“Team”) is part of the Ethics and Compliance Department. The Team serves as Subject Matter Experts (“SME”) for Federal and State banking regulations, providing compliance advice, support, and monitoring on regulations such as BHCA, Reg Y, Reg K, Reg D, and Reg W. The team also advises specific businesses including Global Banking Americas (“GBA”), Asset Liability Management and Treasury (“ALMT”), and US Branch networks in New York, Chicago, San Francisco, and Dallas.

GBA handles wholesale corporate lending, leveraged finance, deposit production, Cash Management, Project Finance, and Trade Finance. ALMT manages liquidity and interest rate and foreign exchange risks. Most activities occur within the bank, a wholesale branch licensed by New York State, with some within the firm, a US broker-dealer and FINRA member.

Candidates are evaluated based on four performance drivers:

• Results and Impact: influence peers, exercise autonomy, drive meaningful outcomes.
• Leadership and
  
  Collaboration:
  
  build trust, lead projects, foster teamwork.
• Client, Customer, and Stakeholder Focus: build relationships, influence stakeholders.
• Compliance Culture and Conduct: uphold ethical standards, demonstrate accountability.

The Compliance Officer will support business areas in implementing compliance policies regarding banking regulations, providing advice on policies, customer due diligence, risk assessments, transaction reviews, and training. Specific duties include:

• Implement regulatory changes and advise management on policy updates.
• Provide guidance on new products and services.
• Monitor and report on US investment activities and compliance with regulations.
• Enhance compliance oversight and control frameworks.
• Support regulatory examinations, audits, and policy updates.
• Assist with project work and regulatory framework improvements.

• 10+ years of compliance/regulatory experience in wholesale banking.
• Deep knowledge of US banking regulations applicable to foreign bank branches.
• Hands-on experience with banking products, especially cash management and financing.
• Experience with Regulation W, BHCA, Reg Y, Reg K, and FRB reporting.
• Understanding of Treasury activities, including inter-bank funding and Commercial Paper.
• Ability to interpret and advise on regulations.
• Experience with bank examinations and the FBO Examination Manual.
• Strong organizational, communication, and training skills.
• Attention to detail, multitasking, and meeting deadlines.
• Excellent interpersonal skills and team collaboration.
• Analytical, problem-solving, and investigative skills.
• Business acumen and understanding of organizational challenges.
• Proficiency in MS Office, Power
  
  BI, Sharepoint.

Not applicable for FINRA registrations.

Seniority level:
Not Applicable

Employment type:

Temporary

Job function:
Analyst and Project Management

Industries:
Banking and Financial Services