VP, Compliance Job Description
VP, Compliance Duties & Responsibilities
To write an effective VP, compliance job description, begin by listing detailed duties, responsibilities and expectations. We have included VP, compliance job description templates that you can modify and use.
Sample responsibilities for this position include:
VP, Compliance Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for VP, Compliance
List any licenses or certifications required by the position: CAMS, CFE, AML, CFA, ASQ, CISSP, FEMA, ACAMS, CP, SCP
Education for VP, Compliance
Typically a job would require a certain level of education.
Employers hiring for the VP, compliance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Law, Legal, MBA, Financial Services, Accounting, Education, Management, Graduate
Skills for VP, Compliance
Desired skills for VP, compliance include:
Desired experience for VP, compliance includes:
VP, Compliance Examples
VP, Compliance Job Description
- Supervise the compliance team functions including but not limited to controls, regulatory coordination and responses, training, creating and implementing new policies and procedures, assessment of regulatory changes, forensic testing
- Liaise with IT to ensure relevant data from participating agencies is consistently captured in formats required by State Medicaid programs that will need to access the data
- Maintain program standards and ensure program integrity
- You will lead the compliance program in China
- Work as part of a team to ensure proactive and risk-based compliance is delivered to relevant sales and trading personnel
- Develop effective partnerships with the front office, compliance partners and other infrastructure areas to ensure consistency of compliance advice to the business
- Assist in the development and roll-out of a bespoke compliance training programmes
- Assist in the review of new products and services
- Contribute to cross-departmental compliance projects as required, including regulatory change initiatives
- Liaising with Compliance, Legal, Employee Relations and/or business management to assess and assign risk and follow up on issues identified during review of e-communications
- Experience of working in the investment management industry and of investment products
- Experience of trade / portfolio compliance monitoring
- Liaising with other compliance teams based in overseas offices
- Travel to other locations as may be required
- The role will report directly to the SVP, Head of Compliance Policy Guidance and authority will be provided to Business Local Compliance Officers, the Business
- A bachelor’s degree or equivalent in Business, English, or related field
VP, Compliance Job Description
- Liaise with the business on regulatory changes and update compliance policies and procedures
- Participate in new product reviews · Review outsourcing arrangements
- Partner with business and entity management in managing regulatory reporting obligations
- Maintain a broad knowledge of the Global Markets businesses in HK and the regulatory framework in which it operates
- Develop relationships with the FICC Line of Business and entity management support functions to keep abreast of current business developments and regulatory issues that may impact the risk environment of the Bank
- Be directly involved in regulatory risk assessments, dealing with regulatory updates, developments and inquiries relating to Global Markets in HK
- You will identify and address the compliance risk of new product and interact with local regulator to seeking regulator's view advice business lines of the impact of regulatory changes on their business
- You will also identify and address compliance risk around business lines and control functions and partner with business and local management in managing regulatory reporting obligations
- Developing and maintaining a variety of policies in collaboration with legal department in order to comply with applicable laws, rules and regulations and/or best practices
- Working with business units and legal department to respond to customer inquiries, including in connection with contract negotiations, regarding privacy and other compliance matters
- Have experience of working closely with various business partners to understand detailed business processes
- Have a working knowledge of UK regulations applicable to Treasury Products [COBS, CASS, Reg W]
- 5+ years in Compliance functions or similar risk and control function, preferably in the financial services sector
- 1+ years of experience of operating in a project-based environment (e.g., project management, generation of business case) would be an advantage
- 1+ years of proficient Word, Excel and PowerPoint skills
- 5+ years of experience in regulatory delivery
VP, Compliance Job Description
- Revision/update business compliance manuals
- Assist with various regulatory inquiries
- Assist with identifying regulatory requirements for new business/new products
- Assist with ad hoc transaction related questions
- Licensing - Advising and assisting the business units with all licensing queries and requests
- Assist in dealing with regulatory inspections and internal/external audits, any ad-hoc regulatory inquiries
- Compliance advisory and support to the wealth management business in Hong Kong
- Conduct compliance monitoring and compliance training
- Support the wealth management business lines and oversee their monitoring and review
- Conduct periodic review and ad hoc reports
- Display critical thinking, look to understand and address secondary risks and issues not necessarily related to the primary task
- Self starter, with team management experience, capabilities
- NY State Healthcare experience
- Strong understanding of NY compliance laws and regulations
- To be a qualified candidate, Bachelor or Master Degree from Law School, Chinese lawyer qualification certificate, or Certified Public Accountant is needed
- As well, you need to have 5 years' working experience in guarantee or financial sector in legal/compliance filed, of which 3 years in compliance manager position
VP, Compliance Job Description
- Undertaking Compliance reviews
- Managing the provision of Compliance training
- Managing the regulatory certification and registration processes
- Managing the Outside Business Interests, Personal Account Dealing and Gifts and Entertainments processes and controls
- Ensure fluid communication with Regional GFCC Compliance and escalation of issues, including the preparation of local management information including metrics and governance information for the Regional GFCC oversight committee
- Accountable as the MLRO and to partner with other key areas such as Client Onboarding and Operations
- Aid in the development of local AML and Sanctions training and awareness initiatives
- Participate in regional GFCC level projects and initiatives, including advisory, partnering with other regional teams and Corporate GFCC Compliance
- Represent the region on various global AML/LOB committees
- Providing compliance and regulatory advice, including advising on existing and new Australian and New Zealand banking and securities laws and regulations
- Minimum of five years’ experience in a financial services-related environment
- Responsible for new regulation policy training within the firm
- Conduct ongoing compliance testing and projects
- Candidates with more than 4 years of compliance experience are welcome to apply
- Fluent in English and native level of Japanese are required
- Be responsible for the handling the daily questions from the private wealth management business, including and not l imited to product suitability, product advisory, risk assessments, regulatory enquiries
VP, Compliance Job Description
- Advise management of relevant global and local policies and procedures and assist management in their implementation
- Perform periodic monitoring/ surveillance to check compliance with relevant regulations and internal policies and procedures in accordance with the local requirements and the Global Monitoring Program
- Ensure that the regulatory changes are monitored, communicated and implemented appropriately throughout the company in an extremely timely manner
- Demonstrate fantastic communication skills, able to tactfully find a resolution and promote a collaborative environment
- This person will help maintain the speedy and accurate reputation that our client currently has, helping them continue to be a respected leader and powerhouse in the mortgage industry
- Assist with the preparation of training and awareness materials
- Assist with Anti-Corruption and Antitrust due diligence
- Manage various projects
- Assist with policy implementation
- Assist with Antitrust advisory
- Minimum 10 year foreign banking experience with the degree of Accounting, Banking, Law or other relevant fields
- Excellence/quality orientation
- Minimum 5 years working experience in the financial services industry
- Candidates coming from middle office, product control, trading floor or finance background with strong FICC product knowledge (focus on FX) and is keen to move to a compliance role, will be considered for this role
- Experience in dealing with HKMA - an advantage
- Strong communication skills in fluent English and Mandarin