General information
Entity
About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)
Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.
For more information, please visit www.ca-cib.com
Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
Reference
2022-70449
Update date
05/07/2022
Job description
Business type
Types of Jobs - Compliance / Financial Security
Job title
Compliance Testing Officer
Contract type
Permanent Contract
Job summary
Summary:
Under supervision of Testing Unit Manager, as part of the Credit Agricole CIB Americas compliance function, responsible for testing, validating, and recommending changes to the control environment.
Key Responsibilities:
General
· Performs detailed compliance reviews of the various Banking business units within the Organization, in conjunction with the Compliance Testing Unit Plan.
· Examine the Bank's policies and procedures, putting particular special emphasis on conformity to applicable US Banking laws and regulations and document these changes in the testing workpapers.
· Prepare detailed workpapers for each compliance review, consisting of planning memos, test programs, sample rationale documents, tailored regulatory risk mapping, detailed test work workpapers consisting of spreadsheets & narratives and final compliance reports, in compliance with Testing Unit’s Policies and Procedures.
· Ensure proper audit trail is maintained
· Prepare comprehensive compliance reports for the Chief Compliance Officer, the Executive Committee and Senior Management.
· Monitor outstanding compliance issues identified during each compliance review to ensure findings are tracked and corrective action plans are implemented timely.
Prepare the presentation of Testing Reviews Findings to Head of Divisions
Monitor outstanding compliance issues identified during each compliance review to ensure findings are tracked and corrective action plans are implemented timely.
Other
· Prepare the escalation process for overdue Testing findings
· Participate to Regulatory Exam and Internal Audit Exam data requirements related to Compliance Testing
Management and Reporting:
The position reports directly to CACIB US Compliance Testing Supervisor
Key Internal Contacts:
Within the Compliance Division: CACIB US Compliance team heads
Outside the Compliance Division, regular interaction with Business Lines and support functions (Legal, Finance, Audit..)
Key External Contacts:
N/A
Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality
Level of minimal experience
6-10 years
Experience
Essential
-Experience in compliance testing function or audit function
-Knowledge of Laws, Rules, Regulations and Standards applicable to the banking industry
-Writing skills; Oral Communication
-Ability to communicate clearly and easily, including in writing
-Ability to analyse and summarise
-Rigour and sense of organisation
-Apprehension of results and priorities
-Autonomy
Desirable
-Knowledge and understanding of the risks generated by banking / securities activities
-Management skills
-Relationship management/Commercial sense
-Capacity to cooperate/Ability to work across disciplines