AddressOverview
This position is responsible for being a seasoned member of the Control Room with particular focus on Employee Trading, Monitoring and Surveillance. This individual will work with the team on regular monitoring, reporting and managing multiple systems and processes. Maintains detailed knowledge of new and existing laws that impact enterprise activities and identifies strategies and efficiencies to mitigate compliance risk. Interface with other business lines and compliance colleagues on a regular basis, and work with our tech team to ensure our monitoring system is current and updated as needed.
*This position is hybrid and requires 2-3 days in office at our New York location: 11 West 42nd Street.
Responsibilities
- Develop policies, systems and controls for the administration of Control Room functions with particular focus on Employee Trading and related monitoring and surveillance
- Assist in the implementation of the firm's watch and restricted list
- Advise business groups on information barrier issues and Employee Trading related issues
- Identification, management and escalation of conflicts of interest across business units
- Assist in an effective robust and efficient compliance program through risk management, monitoring and surveillance of Firm's activities
- Work with training and development to update Control Room related training, in particular Personal Employee Trading and other related Control Room topics
- Ensure consistent updates and enhancements of technological upgrades to trading system to ensure evolving regulatory expectations
- Reporting - Prepares reports for management on results of compliance reviews, legal changes, or new regulations. Conveys the necessary actions to fulfill regulatory requirements and communicates changes amongst work groups
- Compliance Expertise - Maintains a strong knowledge of current or changing laws, regulations, requirements, policies, and procedures that affect assigned area of the Bank. Serves as a subject matter expert in providing guidance to management and associates on compliance-related matters. May facilitate compliance trainings, educational resources, or other methods of strengthening knowledge within the Bank of applicable rules, regulations, and standards. May participate in industry events or professional organizations in order to remain knowledgeable on factors that could impact enterprise activities
Qualifications
- Bachelor's Degree and 8 years of experience in Compliance, Legal, Audit, Banking or other related experience OR High School Diploma or GED and 12 years of experience in Compliance, Legal, Audit, Banking or other related experience
Preferred Qualifications
- Minimum 5 (five) years' experience preferred in Control Room or Personal Trading Monitoring and Surveillance
- Strong written and verbal communication skills
- Experience with management reporting and identifying regulatory concerns
- Ability to work under tight deadlines and maintain balance on time sensitive matters
- Proactive and self starter
- Manage multiple projects
The base pay for this position is relative to your experience but the range is generally $120,000 to $200,000 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: .
First Citizens Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race (including traits historically associated with race, such as hair texture and protective hairstyles), color, religion, national origin, sex, age, disability, protected veteran status, sexual orientation, gender identity, genetic information, military membership, application, or obligation, or any other legally protected status.
Minimum Salary: 31200.00 Maximum Salary: 31200.00 Salary Unit: Yearly
