We are currently partnered with a top global financial services firm looking to expand their NYC based compliance team by bringing on a VP of Compliance Monitoring & Testing. The role has enterprise wide responsibilities covering all US business including the Investment Bank, Sales and Trading, Broker-Dealer, and Swap Dealer.

Position Overview: As the Vice President of Compliance Monitoring & Testing, you will be responsible for ensuring compliance with regulatory requirements and internal policies across the investment bank, Sales & Trading, Broker-dealer, and swap dealer functions. You will play a critical role in safeguarding the integrity of our operations, identifying and mitigating compliance risks, and driving a culture of compliance excellence throughout the organization.

Key Responsibilities:

• Develop and implement a comprehensive compliance monitoring and testing program to assess adherence to regulatory requirements, internal policies, and industry best practices.
• Lead a team of compliance professionals responsible for conducting risk-based reviews and testing of key controls and processes across the investment bank, Sales & Trading, Broker-dealer, and swap dealer functions.
• Design and execute monitoring plans to evaluate the effectiveness of compliance controls, identify gaps and deficiencies, and recommend remedial actions as necessary.
• Partner with business stakeholders, Legal, Risk Management, and other relevant functions to ensure timely resolution of compliance issues and implementation of corrective measures.
• Stay abreast of regulatory developments, industry trends, and emerging risks to inform the design and execution of the monitoring and testing program.
• Prepare comprehensive reports and presentations for senior management, regulatory authorities, and internal audit committees detailing the results of compliance reviews, findings, and recommendations.
• Collaborate with cross-functional teams to enhance compliance policies, procedures, and training programs based on monitoring and testing insights and regulatory changes.
• Serve as a subject matter expert on compliance matters, providing guidance and support to business units, senior management, and other stakeholders.

Qualifications:

• Bachelor's degree in Finance, Business Administration, Law, or a related field. Advanced degree or professional certification (e.g., CAMS, CRCM, CFE) preferred.
• 8 years of experience in compliance, regulatory affairs, internal audit, or a related function within the financial services industry, with specific experience in investment banking, Sales & Trading, Broker-dealer, and swap dealer compliance.
• Strong understanding of relevant regulatory requirements, including SEC, FINRA, CFTC, and other applicable regulations governing global banking operations.
• Proven leadership skills with the ability to effectively manage and develop a team of compliance professionals.
• Excellent analytical, problem-solving, and decision-making abilities, with a keen attention to detail.
• Outstanding communication and interpersonal skills, with the ability to interact confidently and professionally with stakeholders at all levels of the organization.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
• Demonstrated commitment to integrity, ethical conduct, and professional excellence.