Senior Monitoring and Testing Compliance Assurance Officer

Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive.

This role is based in the United States and as such all normal working days must be carried out in the United States.

This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role. Other duties not listed here may be
assigned as necessary to ensure the proper operations of the department and the business.

The Senior Monitoring and Testing Compliance Assurance Officer reporting directly to the NWM US Chief Compliance Officer will lead the Compliance Assurance team responsible for assessing compliance risks and controls implemented by the first and second lines of defense. The candidate will work with the CCO on the design of an effective Compliance Assurance testing program and will be responsible to lead the program monitoring and assurance reviews to identify potential breaches of Regulatory Obligations and Corporate Compliance policies, as well as to ascertain whether key controls that are in place to mitigate the risk of non-compliance with Compliance Risk continue to operate effectively. The Compliance Assurance Officer will also be responsible for reporting and escalating controls issues and any violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues.

Key Responsibilities:

• Develop, implement and oversee the NWM, US Compliance Assurance Monitoring and Testing Plan.
• Lead the Compliance Assurance function to execute high quality assurance reviews across relevant areas of the business and support functions to identify, manage and mitigate risks in relation to core activities in accordance with regulatory requirements and NWM Risk Profile to achieve the right customer outcomes.
• Responsible for the preparing and presenting formal written reports to senior management.
• Report and escalate control issues and any violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues.
• Actively consider the inherent and material risks of the business and support functions to ensure risks are appropriately identified, assessed and mitigated to the desired risk appetite.
• Maintain strong stakeholder engagement with the business and support functions by building ongoing relationships to promote the Assurance methodology and engender a collaborative and transparent culture of compliance.
• Actively participate in the annual rules-based risk assessment process.
• Keep current with industry specific emerging risks, trends and issues across the industry.

Education and Experience:

• 10+ years of global compliance and audit related experience, and strong knowledge of business processes and IT technologies utilized in the broker-dealer securities business.
• Strong knowledge of securities products and compliance including knowledge of FINRA, SEC, CFTC, DTCC and NFA regulation.
• Excellent communication skills in interacting with non-executives, executive management, regulators, and across a number of business lines and control functions
• Proven track record in the preparation and presentation of formal written reports to senior management.
• Experience managing and providing strategic direction to a diverse teams.
• Strong organization, written, verbal and presentation skills.
• Willingness to take on additional duties as necessary.
• Proficient in the use of technology.
• BA/BS required.
• MBA a plus.

The expected base annual salary range for this position is $160,000 - $225,000 at the start of employment. This is not a guarantee of compensation. The exact compensation is determined on an individualized basis and may vary based on skills, experience, training licensure, certifications and location. In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plans with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement.

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” posters here.