Advisor, ComplianceBusiness Control Office Dallas, Texas
Job Family: Risk
Monitors activities to minimize the company's exposure to risk. Activities may include quantitative analysis, risk identification and remediation. Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards. Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.
Job Function: Compliance
Monitors activities to minimize the company's exposure to risk. Activities may include quantitative analysis, risk identification and remediation. Represents or supports the representation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards. Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations, and that the company complies with legal/regulatory statutes and jurisdictions.
Summary of Responsibilities:
The Advisor, Compliance is responsible for ensuring the company complies with regulatory requirements and internal policies and procedures. The primary focus of this role is the writing of Suspicious Activity Reports (SARs), based on investigations conducted by Enterprise Fraud Management (EFM) associates.
Undertakes standard reviews and escalates to senior staff where non-compliances are identified.
Identifies systemic procedural weaknesses and additional training requirements needed to ensure compliance.
Evaluates controls in place to ensure continuous compliance measures with laws, regulations and policies affecting the organization, recommends process improvements to management.
Collaborates with team on projects and program tasks intended to improve compliance and enhance the control environment.
Coaches and reviews work of junior level Compliance professionals.
Assesses procedures and policies to ensure the business units are in compliance with standard regulatory and policy requirements.
Prepares drafting of policy and procedural documentation when control changes are made.
Transfers work product into simple guidance/templates for future reference.
Analyzes existing and proposed legislation, regulatory announcements, and industry practices for compliance requirements, and implements procedures to meet these requirements for applicable business units.
Validates controls or project plans to ensure compliance with laws, rules and regulations.
Acts as a subject matter expert (SME) while providing leadership, guidance, and mentorship to other team members.
Other duties as assigned.
Education: Bachelor's Degree: Business, Finance or equivalent work experience
– 3-5 years Compliance, Legal, Regulatory, or Financial Services.
– Experience writing Suspicious Activity Reports (SARs)
Skills & Abilities
Practical knowledge of corporate regulatory requirements, and factors influencing the business in which the Corporation operates.
Practical knowledge of key business control areas (Audit & Risk Review, Risk Management, Finance, Human Resources, and Legal) and governmental regulatory agencies.Ability to resolve complex situations with internal clients and regulators, while maintaining a professional presence.
Ability to quickly respond to inquiries from regulatory agencies, internal partners, and external consultants.
Ability to read, analyze and interpret government regulations, trade journals and legal documentsAbility to effectively deal with senior management as well as, Federal/State and other Regulators
Ability to work cross-functionally as a team player.
Ability to mentor and guide staff and numerous projects simultaneously.
Ability to influence others, including senior leadership.
Excellent verbal and written communication skills.
Advanced Microsoft Office (Excel, Word, PowerPoint, Outlook, Sharepoint) skills.
Strong project management skills.
Collaboration – Relationship Management – Applying and Executing; Knows who to reach out to inside and outside of one’s team to get work done. Takes action to enhance working relationships needed to achieve seamless work flow.
Collaboration – Teamwork – Applying and Executing; Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change. Provides assistance and coaches less experienced team members.
Execution – Accountability – Applying and Executing; Follows through to meet commitments to others. Takes responsibility for achieving strong results, despite balancing multiple complex demands
Influence – Information Sharing – Applying and Executing; Uses information and data effectively to support a position and present a rational case
Influence – Two-way communication – Applying and Executing; Communicates in a timely and straightforward manner. Probes for additional information, clarifies assumptions and confirms agreed-upon actions. Keeps everyone involved informed about progress and issues
Risk Business Acumen – Industry Acumen – Applying and Executing; Stays current with industry and regulatory trends and emerging risk issues. Has good understanding of current market and competitive landscape that the organization operates within.
Risk Management – Knowledge of Risk Management Policies, Regulations, Processes and Procedures – Applying and Executing; Executes risk management process and procedures without management direction, and demonstrates awareness of expected results. Knows the relationship and impact of actions and results. Has an understanding of regulations impacting area supported.
Risk Management – Risk and Compliance Adherence – Applying and Executing; Communicates the importance and benefits of risk management to counterparts. Displays natural skepticism and curiosity to question the status quo and uncover issues. Adheres to a good root cause analysis process
Frequently: Minimal physical effort such as sitting, standing, and walking.
Occasional moving and lifting of equipment and furniture is required to support onsite and offsite meeting setup and teardown.
Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
This job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks listed in this job description.
The employer has the right to revise this job description at any time. This job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.