Compliance Consultant 4
Saint Louis, MO
Corporate Risk helps all our organization's businesses identify and manage risk. We focus on three key risk areas: credit risk, operational risk and market risk. We help our management and Board of Directors identify and monitor risks that may affect multiple lines of business, and take appropriate action when business activities exceed the risk tolerance of the company.
The Enterprise Testing group is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level. Enterprise Testing is responsible for developing a common methodology and standards, providing governance and oversight, executing testing and conducting horizontal reviews. Testing and validation teams are responsible for implementing the Enterprise Testing methodology and standards, and executing group-specific testing.
The Wealth and Investment Management Testing & Validation (WIM T&V), is seeking an experienced compliance or audit professional to join the Team. The Compliance Consultant 4 role will be responsible for control testing to ensure compliance with regulatory requirements and corporate policies applicable to Wealth Management and Abbot Downing, including compliance with the Regulatory Compliance Risk Management Policy and Procedures as well as the Independent Monitoring, Testing and Validation Standards. Experience in testing and/or compliance consulting is needed for this position.
This position reports to a WIM T&V Manager.
Specific duties for this position include, but are not limited to:
: Lead, design, and develop testing strategies and methodologies for the WIM Testing & Validation program to assure compliance with regulatory and operational risks as well as corporate policies, including compliance with the Operational Risk and Compliance Testing and Validation Standards, the SHRP Standard, and applicable portions of the Issue Management Policy.
: Execute group-specific control testing in accordance with T&V methodology and standards, including assessments of design and operating effectiveness.
: Lead and/or participate on reviews of varied complexity and regulatory risk exposure.
: Evaluate the adequacy and effectiveness of policies, procedures, initiatives, and internal controls
: Thoroughly document test work and compliance activity reports.
: Identify issues and responsibility to communicate/consult with various levels of management to ensure corrective actions address root cause and meet corporate sustainability requirements.
: Maintain authoritative knowledge and full understanding of laws and regulations, regulatory guidance, policy and procedure concerning all compliance functions reviewed.
: Testing practices may include: regulatory control testing, operational control testing, and corrective action validations.
: 6+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both or 6+ years of IT systems security, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both
: Experience leading, testing, or auditing regulations or requirements tied directly to banking regulations strongly preferred
: 3 years of direct/formal experience conducting control testing or audit functions
: Broad Testing or Audit experience within a single role that covers multi processes, or multi-functions
: Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
: Ability to work effectively in a virtual team environment
: An active Certified Regulatory Compliance Manager (CRCM) designation
: Certified Internal Auditor (CIA)
: Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA)
: A BS/BA degree or higher in business, finance, or economics
: Ability to interact with all levels of an organization
: Advanced Microsoft Office skills
: Excellent verbal, written, and interpersonal communication skills
: Strong analytical skills with high attention to detail and accuracy
Other Desired Qualifications:
: Demonstrated ability to think independently and bring credible challenge to the risk management status quo, and provide credible challenge while leading through influence
: Demonstrated capability of exercising independent judgment, critical decision-making, staying organized, and managing multiple priorities and deadlines strongly preferred
: Ability to communicate complex issues in a credible and convincing manner.
: Critical Thinking and Analytical Skills
: Experience in Audit, Compliance, Risk, and Testing