Summary

Under the supervision of the Testing Unit Manager, as part of the Credit Agricole CIB Americas compliance function, responsible for developing and executing the risk-based Compliance Monitoring Program at CACIB US.

Key Responsibilities

Development and Maintenance of the Compliance Monitoring Program

·Develop and regularly update a risk-based Compliance Monitoring Program (including policies and procedures) that are tailored to the business activities and risk profiles of CACIB US and address regulatory guidance and expectations.

·Develop and regularly update the compliance monitoring templates that are used to perform compliance monitoring activities and produce regular reporting to senior management.

·Develop a roadmap to implement the Compliance Monitoring program.

·Coordinate with CUSO Compliance to ensure aligning with the CUSO Compliance Monitoring Framework.

·Manage relationships with key stakeholders (Business Lines, Support Functions, CUSO etc.).

Execution of Compliance Monitoring Activities

·Develop an Annual Compliance Monitoring Plan and oversee the execution of the plan.

·Provide regular status updates on the compliance monitoring activities to the Testing Unit Manager and senior management.

·For assigned compliance monitoring review,

·Independently plan and execute the review with support from less-experience team members depending on the size/scope of review and availability of resources.

·Document work papers with enough details in accordance with the standards set out in relevant policies/procedures and that a third-party can reasonably understand the review works performed and the conclusions of the reviews.

·Retain supporting evidence in accordance with the standards set out in relevant policies/procedures.

·Present findings, confirm factual accuracy, and propose recommendations to relevant Department Management.

·Draft the monitoring review reports to document and formally communicate the results to stakeholders including the Chief Compliance Officer, the Executive Committee and Senior Management.

·Identify control issues through ongoing monitoring activities and ensure thoroughly analysing the root causes and developing appropriate action plans to address the issues and root causes.

·Track and monitor issues identified from the assigned reviews and ongoing monitoring activities to ensure the action plans are completed by action owns by the due date.

·Perform validation of action closure and prepare the action plan validation memo for Testing Unit Manager’s review and approval.

Other

·Provide regular status updates on assignments and timely escalate any potential delays / issues to the Testing Unit Manager.

·Provide assistance to the Testing Unit Manager on other initiatives, when requested.

·Participate to Regulatory Exam and Internal Audit Exam data requirements related to Compliance Monitoring.

Salary range: $120,000 - $170,000

College Degree

Management and Reporting

The position reports directly to the CACIB US Compliance Testing Supervisor. 

Key Internal Contacts

Within the Compliance Division: CACIB US Compliance management and team leads.

Outside the Compliance Division: Regular interaction with Business Lines and Support Functions (Legal, Finance, Risk, Audit etc.) and ad-hoc interactions with CUSO and Group stakeholders, when requested.

Essential

·7 to 10 years experience relating to compliance, audit, control testing, and/or risk management required

·3 to 5 years Audit (compliance focused) or Compliance Testing experience required

·Experience of managing audit / testing review projects

·Experience of building and implementing a compliance monitoring framework or similar framework

Desirable

·Experience of working in an international financial institution is a plus

·Regulatory experience is a plus

• Professional designations (such as CPA, CIA, CISA, CAMS, securities licenses etc.) is a plus

Essential

·Strong attention to details and analytical skills

·Ability to manage assigned reviews independently

·Ability to work independently as well as work in a team environment

·Ability to prioritize and work in a dynamic and deadline-focused environment

·Ability to adapt to constant changes and demonstrate positive work attitude

·Ability to communicate well across all levels of an organization including present with senior management

·General knowledge of the capital markets, investment banking, and corporate financing activities and products

·General knowledge of one or more of the following categories of regulations or subject matters:

·Banking regulations (e.g., Reg W, Reg D, Reg GG, etc.)

·Broker-Dealer regulations (e.g., FINRA rules, SEC rules etc.)

·Business Conducts (e.g., Anti-Bribery & Corruption, Whistleblowing, Conflicts of Interest, Conduct Risks, Fraud risks etc.)

·Financial Crime (AML, Sanctions/OFAC, Know Your Customer)

·Other regulations (e.g., privacy, tax compliance, cybersecurity etc.)

Desirable

·Management and leadership skills

·Subject Matter Expert of one of the categories of regulations/subject matters listed in the left column.

• French is a plus