Global Banking & Markets (GBM) Public Compliance is responsible for comprehensively identifying and managing the regulatory, legal, and reputational risks of GBM Public.

Job Summary:

The Market Conduct Risk (MCR) team within GBM Public Compliance is responsible for governance of the firmwide MCR program. MCR program is the firm’s sustainable operating model for the ongoing governance, identification and assessment of market conduct risk and the development and maintenance of reasonable controls for risk mitigation across Conduct & Supervision, Collusion, Confidentiality & Communications, Conflicts of Interest, Market Manipulation and Inappropriate Sales Practices. The MCR program covers GBM, Asset & Wealth Management, and Corporate Treasury. We are looking for a team member to manage the governance of certain processes associated with the firm’s MCR program. The role will require navigating and problem solving across multiple teams and stakeholders bearing in mind timelines and a senior audience.

Principal Responsibilities:

• Partner with first and second lines of defense to establish and maintain controls across respective divisions; Advise, challenge and influence teams, as needed
• Evaluate relevant regional and global regulatory requirements and mapping to corresponding market conduct risks, and coordinate efforts to ensure relevant policies and procedures are maintained
• Execute Business Review exercise based on inputs from the New Activities process, strategic initiatives across the firm, evaluation of Risk Assessment related data, and new or changes to trading / non-trading mandates
• Establish appropriate MCR monitoring and testing program
• Coordinate relevant Risk Assessment processes and develop cross divisional reporting for MCR based on results
• Coordinate end-to-end issue management, including reviews of lessons learned
• Support the compilation and reporting of MCR metrics and issues to relevant council
• Develop training materials specific to MCR
• Coordinate regulatory responses related to MCR, as needed

Basic Qualifications:

• Bachelor's degree required
• Minimum of 10 years of experience in compliance or risk management in the financial services industry
• Knowledge of general trading rules and regulations (SEC, FINRA, NYSE, Nasdaq, CBOE, ISE, etc.) preferred
• Experience reading and interpreting regulations, laws and statutes is preferred
• Experience with compliance risk assessments and/or risk and control self-assessments, including control assessments, is preferred
• Experience with remediation of regulatory matters, framework implementation, including monitoring and testing, is preferred
• Experience creating reporting for senior management and Board is preferred
• Strong project management skills
• Detail-oriented and able to produce quality work product, even when working under tight timeframes
• Comfortable being independent and a self-starter
• Ability to decipher and navigate ambiguous situations with the aim of developing solutions
• Ability to exercise strong judgment and decision-making in a collaborative consensus-driven environment
• Analytical; capable of identifying and distilling relevant information quickly
• Excellent oral and written communication skills
• MS Office proficiency; advanced knowledge of PowerPoint and Excel is preferred
• Team Management experience preferred