New York, New York

Job Description:

The Compliance and Operational Risk (C&OR) Executive 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 team, the C&OR Executive 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 Executive 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 Executive contributes to the requirements in the GCOR Policy aligned to compliance and operational risk officers, including but not limited to the following activities related to the Equities business:
• Proactively engages other C&OR officers, Enterprise Areas of Coverage (EAC) roles, and horizontal function roles to provide comprehensive oversight of FLU activities.
• Owns and updates the relevant C&OR Policies, working with the relevant stakeholders to update regularly.
• Provides guidance to the FLU on regulatory requirements.
• Reviews and responds to regulatory inquiries.
• Takes an active leadership role in maintaining and communicating regulatory changes, advising and directing business leaders to on regulatory requirements for their respective processes and controls.
• Conducts targeted and risk assessments of the FLUs, incorporating review of loss events to assess control effectiveness.
• Provides independent review and challenge of the FLU's Risk & Control Self-Assessment (RCSA).
• Leads the efforts and/or contributes to monitoring and testing coverage plans and related metrics.
• Monitors and tests the effectiveness of FLU compliance and operational risk controls.
• Identifies, aggregates, reports, and escalates compliance and operational risks, issues and control enhancements.
• Executes and/or provides oversight of governance and management routines.
• Identifies compliance and operational risk training needs and provides subject matter expertise to support development of training curriculum.
• Provides consultation to business leaders in preparation for regulatory exams and audits.
• Inspects that commitments made regarding actions in response to Matters Requiring Attention ("MRAs") and other actions are completed.
• Escalates regulatory-related concerns and other issues to senior management.

Job Band:
H3

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) Executive 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 team, the C&OR Executive 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 Executive 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 Executive contributes to the requirements in the GCOR Policy aligned to compliance and operational risk officers, including but not limited to the following activities related to the Equities business:
• Proactively engages other C&OR officers, Enterprise Areas of Coverage (EAC) roles, and horizontal function roles to provide comprehensive oversight of FLU activities.
• Owns and updates the relevant C&OR Policies, working with the relevant stakeholders to update regularly.
• Provides guidance to the FLU on regulatory requirements.
• Reviews and responds to regulatory inquiries.
• Takes an active leadership role in maintaining and communicating regulatory changes, advising and directing business leaders to on regulatory requirements for their respective processes and controls.
• Conducts targeted and risk assessments of the FLUs, incorporating review of loss events to assess control effectiveness.
• Provides independent review and challenge of the FLU's Risk & Control Self-Assessment (RCSA).
• Leads the efforts and/or contributes to monitoring and testing coverage plans and related metrics.
• Monitors and tests the effectiveness of FLU compliance and operational risk controls.
• Identifies, aggregates, reports, and escalates compliance and operational risks, issues and control enhancements.
• Executes and/or provides oversight of governance and management routines.
• Identifies compliance and operational risk training needs and provides subject matter expertise to support development of training curriculum.
• Provides consultation to business leaders in preparation for regulatory exams and audits.
• Inspects that commitments made regarding actions in response to Matters Requiring Attention ("MRAs") and other actions are completed.
• Escalates regulatory-related concerns and other issues to senior management.

Job Band:
H3

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) Executive 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 team, the C&OR Executive 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 Executive 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 Executive contributes to the requirements in the GCOR Policy aligned to compliance and operational risk officers, including but not limited to the following activities related to the Equities business:
• Proactively engages other C&OR officers, Enterprise Areas of Coverage (EAC) roles, and horizontal function roles to provide comprehensive oversight of FLU activities.
• Owns and updates the relevant C&OR Policies, working with the relevant stakeholders to update regularly.
• Provides guidance to the FLU on regulatory requirements.
• Reviews and responds to regulatory inquiries.
• Takes an active leadership role in maintaining and communicating regulatory changes, advising and directing business leaders to on regulatory requirements for their respective processes and controls.
• Conducts targeted and risk assessments of the FLUs, incorporating review of loss events to assess control effectiveness.
• Provides independent review and challenge of the FLU's Risk & Control Self-Assessment (RCSA).
• Leads the efforts and/or contributes to monitoring and testing coverage plans and related metrics.
• Monitors and tests the effectiveness of FLU compliance and operational risk controls.
• Identifies, aggregates, reports, and escalates compliance and operational risks, issues and control enhancements.
• Executes and/or provides oversight of governance and management routines.
• Identifies compliance and operational risk training needs and provides subject matter expertise to support development of training curriculum.
• Provides consultation to business leaders in preparation for regulatory exams and audits.
• Inspects that commitments made regarding actions in response to Matters Requiring Attention ("MRAs") and other actions are completed.
• Escalates regulatory-related concerns and other issues to senior management.

Shift:
1st shift (United States of America)

Hours Per Week:
40
Learn more about this role

New York, New York

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