Seeking an experienced U.S. Banking Compliance Consultant to serve as an independent second-line compliance resource for a New York branch.
Key Responsibilities:
- Develop and maintain a risk-based Compliance Plan and local compliance risk assessment.
- Perform second-line compliance testing, including control design and operating effectiveness.
- Monitor Financial Crime, Conduct, and Regulatory Compliance Risks and assess residual risk.
- Define, monitor, and report Key Risk Indicators (KRIs) and threshold breaches.
- Prepare quarterly compliance risk reports for Group Compliance.
- Conduct U.S. regulatory screening and scope certification, with focus on SEC and CFTC securities/derivatives requirements and extraterritorial obligations.
- Oversee regulatory interactions, remediation, emerging risks, and material compliance events.
- Support New Product Approval (NPAP) and provide compliance advisory support when required.
- Independently review work performed by internal or external specialists.
Required Skills & Experience:
- Strong hands-on compliance experience in a U.S. bank, broker-dealer, or foreign banking organization.
- Deep knowledge of BSA/AML, OFAC, SEC, CFTC, and U.S. regulatory requirements for foreign bank branches.
- Proven experience in compliance risk assessments, testing, KRI monitoring, and regulatory reporting.
- Strong understanding of inherent risk, controls, and residual risk methodologies.
- Ability to operate independently as a second-line compliance function.
- Excellent written English and experience preparing senior/Group-level reporting.
Preferred: CAMS/CRCM or equivalent certification; experience with European banking groups, trade finance, lending, treasury, model validation, ABC, and data protection.