Compliance Risk Manager Job Description
Compliance Risk Manager Duties & Responsibilities
To write an effective compliance risk manager job description, begin by listing detailed duties, responsibilities and expectations. We have included compliance risk manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Compliance Risk Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Compliance Risk Manager
List any licenses or certifications required by the position: CAMS, CISA, CPA, PCI, CISM, CISSP, CIA, PMP, CGSS, CRCM
Education for Compliance Risk Manager
Typically a job would require a certain level of education.
Employers hiring for the compliance risk manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Business, Finance, Education, Economics, Business/Administration, Computer Science, Management, Information Systems, MBA
Skills for Compliance Risk Manager
Desired skills for compliance risk manager include:
Desired experience for compliance risk manager includes:
Compliance Risk Manager Examples
Compliance Risk Manager Job Description
- Providing commercial insights with an external and enterprise lens which supports senior management in 'connecting the dots' and making more informed decisions
- Contributing to the education of bankers and credit managers regarding operational risk & compliance issues
- Evaluates the systems of internal controls within the departments using risk assessment and statistical models
- Prepares audit reports and recommendations, and presents reports to the Audit Director for review
- Proposes new audit techniques and procedures to improve effectiveness/efficiency of audit(s)
- Reviews all workpapers, ensuring audits are performed within the time budget allotted
- Providing expertise and guidance on account opening documentation requirements for Off/Onshore legal, Trust and complex structures
- Act as a centre of expertise to the Private Banking Sales Teams including areas related to client on-boarding, source of wealth documentation, cross border understanding and High Risk jurisdictions
- Performs all complex operations, risk and specific regulatory compliance functions Nationally, ensuring processes/controls are in place and being followed to protect shareholder interests
- Applies a continuous-improvement approach to achieving superior client experience aligning with the five principles of the Black Card Experience
- Industry-related legal, compliance, information security or business continuity management certification is preferred
- Persistent with the ability to conduct follow-ups while maintaining effective working relationships
- PMP, PMI , CSM or Six Sigma certifications preferred
- Basel III (Basel 3) reporting experience preferred
- Seven plus years Project Management and Program Management Office experience
- 7+ years relevant work experience in Sarbanes-Oxley implementation/compliance or in risk management related roles such as internal or external audit
Compliance Risk Manager Job Description
- Keepon top of regulatory developments within or outside of the company evolving best practices in compliance control
- Supervise staff by training, mentoring, coaching, prioritizing assignments, and setting goals
- Responsible for conducting meetings with various Trustmark department managers in order to gather information regarding their need for technical writing assistance within their departments
- Review of the work produced by junior level staff and the management of engagements is a critical part of this position
- Support successful completion of various external compliance certification programs if required
- Support service delivery in preparation for client audit or compliance program
- Drive a broad and proactive risk handling approach with the business stakeholders, creating risk awareness, risk resilience and risk handling in a consistent manner together with respective stakeholders
- Manage tracking of identified findings and actions to closure and report to leadership
- Responsible for translating regulatory legal advice into IT operations and ensuring compliance with guidance
- Responsible for the leadership and execution of IT SOX, SOC1, SOC2, HIPAA, PCI and NIST compliance and processes with a Governance, Risk and Compliance (GRC) Management System
- Executive presence to report, at least quarterly, to the Audit Committee of the Board of Directors on current quarterly audit results, any findings, corrective actions and status of prior open issues
- Analysis of audit programs for effectiveness, recommending changes and improvements as appropriate
- Discussion with clients of any changes to scope of audits performed, significant findings noted as the audit progresses and conclusions and recommendations as audits are finalized
- Experience with risk and compliance monitoring tools, such as Archer GRC, is strongly preferred
- Proven highly advanced influencing and communication skills to advance strategies throughout all levels of an organization
- Self-starter, creative and has a growth mind-set
Compliance Risk Manager Job Description
- Work closely with CISO, Internal Audit, Procurement & Compliance to identify compliance baselines from legislative requirements and corporate objectives
- Maintain an up-to-date understanding of emerging trends in information security risks
- Manage team that serves as liaison to IT and auditors, and facilitates coordination of all audit activities, including
- Manages the corporate security case management system by establishing and maintaining structures, processes and controls
- Manages the corporate SAR (Suspicious Activity Reporting) hotline program and Corporate Security internal website
- Administers the development, implementation and continuous refinement of physical and/or operational security policies, standards, guidelines and procedures to ensure ongoing adherence to security protocols
- Coordinates investigative efforts with regional security investigators, fraud prevention, BSA operations, compliance, audit, branch support and other departments to ensure the timely and effective resolution of active cases
- Manages external liaisons with law enforcement, financial institutions, industry and professional associations and task forces
- Produces reports for management and government audiences
- Contract / Business Associate Agreement review
- Minimal 3-5 years experience working in a consumer-centric company
- Prior demonstrated capability leading teams (minimal 3-5 years)
- Minimal 3-5 years experience with operational leadership, preferably with Medicare business
- Comprehensive knowledge of all Microsoft Office applications, including Excel, Word, Visio
- Prior Medicare operations experience
- Provide support, advice and guidance to the IaaS Leadership team and their subordinates supporting them in adhering to Barclays mandated governance requirements, including compliance with internal and external obligations
Compliance Risk Manager Job Description
- To report on the KPIs relevant to your area
- To handle any compliance queries in a timely and accurate fashion
- To provide compliance input into CAT developments, including product launches, distribution and systems developments
- To assist with any ad-hoc requests from the CAT and/or the regulators
- To assist with the completion of relevant regulatory returns and regulatory submissions/applications
- To prepare relevant papers/presentations for the Board and relevant Committees
- To develop and maintain a ‘culture of compliance’ within the CAT
- Lead the implementation and integration of the Risk Management Process into the business processes (and functions), resulting in an annual Store Risk Register showing key risks
- Support and follow up with relevant stakeholders the execution of mitigation plans as defined in the Risk Management Process to achieve targeted risk levels
- Upraise and assist Country Risk Manager in updating the annual Country Risk Register
- Education to A or degree level
- Effective decision making skills on complex matters
- Skilled in leading teams and projects in a time-sensitive environment
- Demonstrated understanding of compliance and internal control frameworks (COSO, COBIT, NIST, ISO)
- Bachelor's Degree or equivalent 4 Year University Degree required
- Fluent English, additonal language a plus
Compliance Risk Manager Job Description
- Display correct judgment during times of chaos and ambiguity
- Ensure comprehensive updates and reporting to higher Information Security Management
- Lead and contributes practically in key projects, ensuring their compatibility with the strategic direction
- Partnering with various business or functional units on Internal Control global initiatives including Data Analytics dashboard, Segregation of Duties / High Sensitive Roles allocations reduction
- Ensuring compensating controls for Segregation of Duties (SoD) access and process controls
- Reviewing role design specifications for local roles and SOD checks upon assignment
- Working with Audit, HR and our Business Solutions teams to manage and actively reduce SoD conflicts across the market
- Assessing the impact of process changes and new projects
- Leading Information Security Management System Quality audit
- Managing and resolving Internal Control issues and gaps
- Represent Payment Operations in GST core team and lead the actionable so as to ensure smooth execution of the new processes in vendor payments team
- Ensure smooth implementation of Oracle roll out in India market from tax compliance perspective
- Understand the tax requirements in the new markets which are being migrated
- Being able to deal with an environment of continuous change, with the need to absorb information quickly, think laterally and work independently
- Need to build business relationships and to collaborate with business partners
- Candidate should be a Chartered Accountant/ CA Inter and have thorough understanding of accounting and tax (Direct and Indirect) compliance principles