Summary:

Reporting to the Head of Compliance Risk Assessment within the Transversal Compliance Team, we are seeking a detail-oriented Compliance Risk Assessment Specialist to join our dynamic compliance team. In this critical role, you will drive our compliance risk assessment framework, ensuring regulatory adherence while providing valuable insights to senior management. This position offers an excellent opportunity to leverage your regulatory knowledge and analytical skills in a collaborative banking environment.

Compliance risks must be identified before they can be properly assessed, monitored and mitigated. The businesses, as 1st Line of Defence (LoD1), are responsible for identifying and mitigating all compliance risks for their activities and assessing controls. The CACIB US Compliance Division, as the 2nd Line of Defence (LoD2), manages the CRA process, provides guidance to the businesses and is responsible for credible challenge with the risk identification, risk mitigation and overall completeness.

Key Responsibilities: 

Risk Assessment Framework

• · Design and continuously improve the Compliance Risk Assessment (CRA) methodology
• Execute the annual CRA exercise across Bank businesses and Support Functions
• Manage comprehensive data collection processes and implement quality controls
• Provide credible challenge to first line of defense (LoD1) CRA results

Reporting & Analysis

•  Develop insightful management presentations on CRA framework and results
• Create regular compliance reports highlighting key metrics, risks, and controls
• Design and maintain data analytics dashboards to visualize compliance trends
• Analyze CRA results and prepare comprehensive reports for stakeholders

Process Management

• Assist in managing the Risk and Control Self Assessment (RCSA) process
• Develop and maintain risk mapping for the Compliance Function
• Track and follow up on CRA action plans to ensure timely resolution
• Collaborate with Compliance Teams to integrate CRA results into annual testing and training plans

Cross-Functional Collaboration

•  Partner with relevant divisions on new tools implementation.
• Support methodological improvements across compliance processes
• Liaise between business units and compliance teams to ensure alignment

Other

•  Assist in working with Operational Risk Management on Compliance related controls and reporting.

Salary: $140,000 to $180,000.

#LI-DNI

Compliance

BBA or Accounting Degree

• Experience conducting a Compliance Risk Assessment or RCSA exercises
• Prior Compliance, Risk or Internal Audit experience within a Corporate Bank environment.
• Knowledge of Banking regulatory rules for FRB, DFS, etc. as applicable.

• Analytical skills to understand risk rating scoring
• Strong interpersonal and presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging; ability to influence and lead at a senior level
• Ability to collaborate with cross functional partners across the three lines of defense
• Demonstrates advanced proficiency in desktop tools including but not limited to, Microsoft Office Suite

Certified Regulatory Compliance Manager (CRCM)

Management and Reporting:

The position reports directly to the Head of Compliance Risk Assessment within the Transversal Compliance team.

Key Internal Contacts:

Business and Service units of the Firm; Compliance teams; Head Office, External vendor as relevant

Key External Contacts:

The employee may have occasion to interact with external auditors and/or regulators during exams.