Compliance, Consumer Compliance, Vice President

Pay Competitive

Employment type

Full-Time

Req#: 111791 Global ComplianceOur division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk;

monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading.

We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

Your Impact

Are you passionate about digital consumer banking? We’re looking for a Vice President / Associate to join our compliance monitoring team covering our consumer credit card businesses. You will focus on building and managing a compliance monitoring program, designing controls to mitigate regulatory, consumer and reputational risks.

Our Impact

Our consumer compliance monitoring partners with all functional areas of the credit card businesses and you will have responsibility in identifying, measuring, escalating, and mitigating risks. You will be involved in growing this business for the Firm.

How will you fulfill your potential:

• Conducting monitoring reviews associated with key consumer business processes and consumer financial regulations.
• Identifying risk patterns and trends and determining focus areas for enhanced monitoring
• Read relevant regulations, policies and procedures to ensure an understanding of the objective and soundness of the methodology in addressing areas of risk
• Design test scripts to surface areas of risk in the business activities
• Frequent escalation, reporting and ongoing communication to the business and Consumer Compliance management is required in this role.
• Working with data to derive insight and identify key risk areas within the Consumer business functions
• Support compliance with U.S. consumer financial laws and regulations applicable to credit cards issued in the United States
• Support execution of the Firm’s compliance program for consumer banking operations, focusing on consumer facing processes
• Identify compliance risks associated with business processes and practices in areas related to credit card pricing and platforms
• Leverage technology to facilitate monitoring and reporting of compliance risk

Basic Qualifications:

• Minimum 5-10 years of experience, preferably in the financial services industry
• Bachelor's degree or equivalent military experience
• Excellent written and verbal communication skills with the ability to summarize observations and present in a clear, concise manner to peers, managers and Consumer Compliance management
• Ability to quickly grasp complex concepts, including global business and regulatory matters
• Experience automating collection of data and analysis of large data sets, including experience with data analytics and visualization applications (e.g. Excel, Tableau, Alteryx, Python)
• Expertise in delivering high quality work products, reflecting attention to detail and analytical prowess
• Ability to organize, plan and execute on key deliverables and to meet challenging deadlines
• Professional maturity and confidence in expressing a point of view
• Must be self-directed, organized, positive, driven, detail-oriented, and effective in a fast-paced, changing environment
• Excellent written and verbal communication skills with the ability to summarize observations and present in a clear, concise manner to peers, managers and senior Consumer Compliance management
• Ability to quickly grasp complex concepts, including global business and regulatory matters
• Pr…