New York, New York

Job Description:

The Compliance and Operational Risk (C&OR) Manager is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). As a member of an FLU or CF C&OR officer team, the C&OR Manager is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls.

The C&OR Manager proactively engages with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line's risk management activities. The C&OR Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries.

The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. This role may contribute as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team, or may act as an individual contributor.

The C&OR Manager contributes to the requirements of the CORM Program requirements including, but not limited to the following activities:
  • Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines
  • Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content
  • Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
  • Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory
  • Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements
  • Ensures C&OR "owned" issues and control enhancements are identified and addressed appropriately and timely
  • Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results
  • Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
  • Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate
  • Participates in Scenario Analysis activities for coverage areas and challenges as appropriate
  • Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediation

Required Skills: Minimum Years of Business & Functional Experience: 7 Years
Degree Required: Bachelor's Degree; May require regulatory examination/registration or certification depending on jurisdiction and role

Desired Skills: Financial Services or similarly regulated sector

Job Description and Role Responsibilities
  • Take ownership of and rationalize the surveillance alerts in our 2nd LOD function in order to improve the quality of alerts using expertise of product-specific market microstructure and supporting data.
  • Improve the Surveillance program by identifying critical order / quote attributes that may impact the quality of alerts, including timestamps and market data.
  • Lead periodic parameter reviews to analyze the quality and quantity of existing surveillance alerts and make recommendations for changes.
  • Lead "effectiveness reviews" of surveillance alerts to take deep dives into the surveillance alert logic and make recommendations for improvements.
  • Identify gaps in venue coverage by comparing transactional data from trading systems to surveillance alert generation.
  • Serve as technical liaison for GBAM Compliance and Operational Risk groups regionally on interactions with internal technology teams and external vendors on all product-specific surveillance matters.
  • Participate with the front-office in trading venue onboarding in order to ensure that surveillance of the new trading activity will work as needed.
  • Participate in front-office market discussions to stay informed about new order types and changes to the market microstructure.
  • Manage the Surveillance Technology Book-of-Work.

Required
  • Trading domain knowledge, including the mechanics of how Fixed Income products (Treasuries, Corporates, Muni's) and/or FX contracts are traded and a strong understanding of the U.S., Canadian and or LatAm market microstructure;
  • Strong understanding and/or experience on a trading desk to include order placement and routing, market data, and the full trade life cycle, including clearance and settlement;
  • Technical experience and understanding of data attributes associated with orders, quotes and fills (i.e. FIX protocol, etc.).
  • Knowledge of SMARTS, Actimize and alternative surveillance systems (e.g. KX, TradingHub, OneTick or similar) - to include model logic and detailed data requirements;
  • Programming and data management skills in order to:
  • Carry out detailed analysis of model logic, calibration of parameters and ad-hoc data projects;
  • Analyze raw data sets, drawing conclusions & developing (high level and detailed) recommendations;
  • Basic understanding of statistics that includes mean, median, mode, standard deviation, etc.;
  • Good MS office skills (Excel and PowerPoint);
  • Very good and crisp written and verbal communication skills to ensure requirements are properly communicated to internal and external technology partners;
  • Ability to interact with senior stakeholders and communicate efficiently and confidently;
  • High aptitude, proactive and entrepreneurial skills to ensure a complete understanding of What, Why and How any problem should be solved, and propose solutions;
  • Strong team player who works well with others and supports a culture of learning, knowledge sharing and teaching.


Job Band:
H4

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

The Compliance and Operational Risk (C&OR) Manager is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). As a member of an FLU or CF C&OR officer team, the C&OR Manager is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls.

The C&OR Manager proactively engages with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line's risk management activities. The C&OR Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries.

The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. This role may contribute as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team, or may act as an individual contributor.

The C&OR Manager contributes to the requirements of the CORM Program requirements including, but not limited to the following activities:
  • Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines
  • Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content
  • Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
  • Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory
  • Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements
  • Ensures C&OR "owned" issues and control enhancements are identified and addressed appropriately and timely
  • Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results
  • Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
  • Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate
  • Participates in Scenario Analysis activities for coverage areas and challenges as appropriate
  • Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediation

Required Skills: Minimum Years of Business & Functional Experience: 7 Years
Degree Required: Bachelor's Degree; May require regulatory examination/registration or certification depending on jurisdiction and role

Desired Skills: Financial Services or similarly regulated sector

Job Description and Role Responsibilities
  • Take ownership of and rationalize the surveillance alerts in our 2nd LOD function in order to improve the quality of alerts using expertise of product-specific market microstructure and supporting data.
  • Improve the Surveillance program by identifying critical order / quote attributes that may impact the quality of alerts, including timestamps and market data.
  • Lead periodic parameter reviews to analyze the quality and quantity of existing surveillance alerts and make recommendations for changes.
  • Lead "effectiveness reviews" of surveillance alerts to take deep dives into the surveillance alert logic and make recommendations for improvements.
  • Identify gaps in venue coverage by comparing transactional data from trading systems to surveillance alert generation.
  • Serve as technical liaison for GBAM Compliance and Operational Risk groups regionally on interactions with internal technology teams and external vendors on all product-specific surveillance matters.
  • Participate with the front-office in trading venue onboarding in order to ensure that surveillance of the new trading activity will work as needed.
  • Participate in front-office market discussions to stay informed about new order types and changes to the market microstructure.
  • Manage the Surveillance Technology Book-of-Work.

Required
  • Trading domain knowledge, including the mechanics of how Fixed Income products (Treasuries, Corporates, Muni's) and/or FX contracts are traded and a strong understanding of the U.S., Canadian and or LatAm market microstructure;
  • Strong understanding and/or experience on a trading desk to include order placement and routing, market data, and the full trade life cycle, including clearance and settlement;
  • Technical experience and understanding of data attributes associated with orders, quotes and fills (i.e. FIX protocol, etc.).
  • Knowledge of SMARTS, Actimize and alternative surveillance systems (e.g. KX, TradingHub, OneTick or similar) - to include model logic and detailed data requirements;
  • Programming and data management skills in order to:
  • Carry out detailed analysis of model logic, calibration of parameters and ad-hoc data projects;
  • Analyze raw data sets, drawing conclusions & developing (high level and detailed) recommendations;
  • Basic understanding of statistics that includes mean, median, mode, standard deviation, etc.;
  • Good MS office skills (Excel and PowerPoint);
  • Very good and crisp written and verbal communication skills to ensure requirements are properly communicated to internal and external technology partners;
  • Ability to interact with senior stakeholders and communicate efficiently and confidently;
  • High aptitude, proactive and entrepreneurial skills to ensure a complete understanding of What, Why and How any problem should be solved, and propose solutions;
  • Strong team player who works well with others and supports a culture of learning, knowledge sharing and teaching.


Job Band:
H4

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:

The Compliance and Operational Risk (C&OR) Manager is responsible for engaging in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs). As a member of an FLU or CF C&OR officer team, the C&OR Manager is accountable for proactive identification, management and escalation of compliance and operational risks through the execution of some or all of the below identified activities. This role exercises judgment and influence, and may constructively challenge FLU and CF leaders to support the CORM Program objectives, balancing business strategy with appropriate controls.

The C&OR Manager proactively engages with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role develops and maintains a global coverage plan which defines the scope and risk-based focus of the second line's risk management activities. The C&OR Manager prepares materials for C&OR regulatory exams/audits/inquiries and may provide consultation to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries.

The C&OR Manager plans, drives and reviews team deliverables to support consistent quality of activities, processes and outputs. This role may contribute as a manager responsible for providing leadership direction to attract, assess, develop, motivate and retain a team, or may act as an individual contributor.

The C&OR Manager contributes to the requirements of the CORM Program requirements including, but not limited to the following activities:
  • Produces and/or oversees the development of independent risk management reporting for respective area(s) of coverage as input governance and management routines
  • Provides subject matter expertise to assist the FLU/CF in establishing an annual learning plan, may be accountable for developing and delivering training content
  • Develops and maintains C&OR-owned policies and standards and/or provides oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
  • Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory
  • Identifies, aggregates, reports, escalates, inspects and challenges remediation plans, and performs thematic analysis on FLU/CF-owned issues and control enhancements
  • Ensures C&OR "owned" issues and control enhancements are identified and addressed appropriately and timely
  • Contributes to or leads development of risk coverage plans, executes and / or oversees execution of independent risk monitoring, testing and risk assessments, communicates results
  • Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
  • Reviews and challenges internal and external operational loss events, including development of remediation plans to strengthen controls, and approves where appropriate
  • Participates in Scenario Analysis activities for coverage areas and challenges as appropriate
  • Ensures metrics are designed to measure key risks and control performance, monitors and reports on metric performance and breach remediation

Required Skills: Minimum Years of Business & Functional Experience: 7 Years
Degree Required: Bachelor's Degree; May require regulatory examination/registration or certification depending on jurisdiction and role

Desired Skills: Financial Services or similarly regulated sector

Job Description and Role Responsibilities
  • Take ownership of and rationalize the surveillance alerts in our 2nd LOD function in order to improve the quality of alerts using expertise of product-specific market microstructure and supporting data.
  • Improve the Surveillance program by identifying critical order / quote attributes that may impact the quality of alerts, including timestamps and market data.
  • Lead periodic parameter reviews to analyze the quality and quantity of existing surveillance alerts and make recommendations for changes.
  • Lead "effectiveness reviews" of surveillance alerts to take deep dives into the surveillance alert logic and make recommendations for improvements.
  • Identify gaps in venue coverage by comparing transactional data from trading systems to surveillance alert generation.
  • Serve as technical liaison for GBAM Compliance and Operational Risk groups regionally on interactions with internal technology teams and external vendors on all product-specific surveillance matters.
  • Participate with the front-office in trading venue onboarding in order to ensure that surveillance of the new trading activity will work as needed.
  • Participate in front-office market discussions to stay informed about new order types and changes to the market microstructure.
  • Manage the Surveillance Technology Book-of-Work.

Required
  • Trading domain knowledge, including the mechanics of how Fixed Income products (Treasuries, Corporates, Muni's) and/or FX contracts are traded and a strong understanding of the U.S., Canadian and or LatAm market microstructure;
  • Strong understanding and/or experience on a trading desk to include order placement and routing, market data, and the full trade life cycle, including clearance and settlement;
  • Technical experience and understanding of data attributes associated with orders, quotes and fills (i.e. FIX protocol, etc.).
  • Knowledge of SMARTS, Actimize and alternative surveillance systems (e.g. KX, TradingHub, OneTick or similar) - to include model logic and detailed data requirements;
  • Programming and data management skills in order to:
  • Carry out detailed analysis of model logic, calibration of parameters and ad-hoc data projects;
  • Analyze raw data sets, drawing conclusions & developing (high level and detailed) recommendations;
  • Basic understanding of statistics that includes mean, median, mode, standard deviation, etc.;
  • Good MS office skills (Excel and PowerPoint);
  • Very good and crisp written and verbal communication skills to ensure requirements are properly communicated to internal and external technology partners;
  • Ability to interact with senior stakeholders and communicate efficiently and confidently;
  • High aptitude, proactive and entrepreneurial skills to ensure a complete understanding of What, Why and How any problem should be solved, and propose solutions;
  • Strong team player who works well with others and supports a culture of learning, knowledge sharing and teaching.


Shift:
1st shift (United States of America)

Hours Per Week:
40
Learn more about this role

New York, New York

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As a leader in the military, you motivated troops to get the job done. We value your ability to influence change and encourage you to continue that influence here and in our communities. Our Military Affairs Team proudly supports veterans in our communities through education and volunteer events. Together, we can create better communities and a brighter future for us all. 

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