NatWest Markets Chief Compliance Officer, US in Stamford, Connecticut
Chief Compliance Officer, US
Stamford, United States
Permanent- Full Time
Risk Oversight & Challenge-Control, Oversight & Assurance
Closing date for applications:01/10/2021
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This role is based in the United States and as such all normal working days must be carried out in the United States.
Purpose of the Role:
Lead the NWM US Compliance, Conduct and Financial Crime teams implementing the strategy to ensure adherence to compliance, conduct and regulatory requirements and management of compliance, conduct and financial crime risks.
Additionally, as the Chief Compliance Officer for the NatWest Markets US, contribute to the delivery of regulatory compliance through the management of the Bank’s exposures to conduct and regulatory risk.
Provide oversight and challenge to the NWM US Conduct and Financial Crime teams in the discharge of their roles.
This role will report to the Natwest Markets US General Counsel and the Global Head of Conduct and Financial Crime.
Deliver expert conduct and regulatory advice, oversight and challenge across NWM US and identify potential or actual conduct, financial crime and or regulatory risks across NWM US and ensure appropriate escalation, remediation and mitigation.
Understand and influence NWM US strategies and business model and identify and challenge and resolve any aspect of the business which conflicts with the Conduct Risk appetite of NWM.
Support the NWM US Business in identifying and addressing Conduct Risk and Financial Crime considerations within their overall business model and in the management of their product portfolio lifecycle, and undertake robust remediation of known conduct risks including providing effective documentation / record keeping.
Review established standards and implement procedures to ensure that the compliance programs throughout the organization are current, effective, and efficient.
Coordinate internal compliance review and monitoring activities, including periodic reviews of departments.
Provide regular updates and information to senior management.
Develop and manage a company-wide educational and training program that focuses on all elements of the compliance program, and ensures that all appropriate employees and management are knowledgeable of, and comply with, pertinent federal and state standards.
Respond to government investigations and queries as the principal point of contact and coordinate investigations with appropriate internal resources and external investigation and enforcement officials.
Investigate and respond to matters related to compliance, including the ability to design and coordinate internal investigations (e.g., responding to reports of problems, 'hot-line' calls, or suspected violations) and any resulting corrective actions with all departments.
Monitor external audit review processes, maintain awareness of compliance issues, and in conjunction with senior management, respond to administrative inquiries related to compliance issues or audits.
Provide robust challenge to the firm’s senior management where their activities are outside of conduct risk appetite.
Review new products and services (and marketing materials) to ensure compliance with applicable rules, regulations and regulatory policies.
Provide leadership and direction in the implementation and maintenance of a sustainable conduct strategy.
Proactive identification and effective management and/or escalation of conduct risk to deliver the key customer outcomes.
This is a Director role. Evidence of strong leadership acumen, people management and relationship skills across large teams is a must.
In-depth understanding of regulatory compliance and conduct risk issues and regulatory framework.
Experience in all broker dealer and swap dealer matters and products/services in connection with capital markets, swaps, options, and foreign exchange transactions.
Proven track record of undertaking conduct risk assessments
Proven track record in dealing with diverse geographic footprint
Current experience as banking and broker dealer compliance professional and/or legal.
Experience in managing a banking or financial services compliance team and program preferred.
Must have the ability to think strategically while possessing detailed knowledge of regulatory rules and the current conduct environment.
Ability to work effectively with regulatory and supervisory agencies to anticipate and address issues in an efficient and timely manner.
Proven ability to work collaboratively and build consensus across the organization and the ability to communicate with knowledge and credibility to all levels of management.
Forward-thinking and focused on continuous improvement.
At least 10+ years’ experience in a leadership role in compliance, financial crime and/or as a lawyer in a law firm, investment bank and/or broker dealer
Expertise in securities and bank regulatory requirements including significant experience with SEC, FINRA and CFTC rules governing broker dealers.
Bachelor’s degree required; JD or MBA preferred
Compliance certifications or Series 24
It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. Equal Opportunity Employer -Disabled/Veteran – review "EEO Is The Law", “EEO is the law- Supplement” & “Pay Transparency Provision” postershere (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) .