What are the responsibilities and job description for the VP, Compliance Monitoring & Testing position at Madison-Davis, LLC?
An investment bank located in Midtown Manhattan looking to bring on board a “VP, Compliance Monitoring & Testing” to join their team. This role is currently in a hybrid schedule (2 days in office / week).
Responsibilities:
Develop and design annual and cycle-based Compliance Testing and Monitoring plans
Execute the annual Compliance Testing plan.
Determine test scopes, and design and develop effective test strategies and approaches.
Prepare cohesive workpapers, and review peer workpapers, in accordance with firm standards.
Build relationships with stakeholders globally, and act as key point of contact for test deliverables, scope and findings.
Communicate deficiencies of test findings in advance of report issuance, and exercise credible challenge.
Prepare reports for management that highlights the scope, testing approach, and the overall results and findings of reviews.
Oversee remediation of gaps identified in the Testing or Monitoring activities.
Identify areas for enhanced Monitoring, Testing or training.
Design and develop Testing and Monitoring metrics, and contribute to department reporting
Support issues management development and tracking of Compliance-identified findings.
Support the development of a rules inventory that covers rules and regulations applicable to businesses
Work closely with other support functions and the business areas to support a culture of compliance across the firm.
Participate in special projects as they arise to enhance Compliance functions.
Salary : $145,000 - $185,000
