Broker Dealer Testing VP This role will report to the Head of Broker Dealer Testing and will be part of the team responsible for assessing compliance risks and controls implemented by the first and second lines of defence. The role is an effective part of the Compliance Assurance testing program and will be responsible for monitoring and carrying out assurance reviews to identify potential breaches of Regulatory Obligations and Corporate Compliance policies. The role will also ascertain whether key controls that are in place to mitigate the risk of non-compliance are in place and will work with internal stakeholders to ensure the controls continue to operate effectively. The role will also be responsible for reporting and escalating controls issues and any potential violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues.
Key Responsibilities: Support and implement the NWM, US Compliance Assurance Monitoring and Testing Plan.Execute high quality assurance reviews across relevant areas of the business and support functions to identify, manage and mitigate risks in relation to core activities in accordance with regulatory requirements and NWM Risk Profile to achieve the right customer outcomes.Escalate control issues and any violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues.Actively consider the inherent and material risks of the business and support functions to ensure risks are appropriately identified, assessed and mitigated to the desired risk appetite.Maintain strong stakeholder engagement with the business and support functions by building ongoing relationships to promote the Assurance methodology and engender a collaborative and transparent culture of compliance.Keep current with industry specific emerging risks, trends and issues across the industry.Education and Experience: Global compliance and audit related experience, and a knowledge of business processes and IT technologies utilized in the Broker Dealer, Bond, Repo, Treasuries and Capital Markets business.Sound knowledge of broker dealer regulations, and securities products and compliance including knowledge of CFTC, FINRA, SEC, CMA regulations. Specifically, with FINRA Rules 3110, 2210, and SEC 15C3-5.Good knowledge of broker-dealer and securities processes and business.Excellent communication skills in interacting with non-executives, executive management, regulators, and across a number of business lines and control functions.Strong organization, written, verbal and presentation skills.Willingness to take on additional duties as necessary.Proficient in the use of technology.The expected base annual salary range for this position is $140,000 - $170,000 at the start of employment. This is not a guarantee of compensation. The exact compensation is determined on an individualized basis and may vary based on skills, experience, training licensure, certifications and location. In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plans with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement.
It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. Equal Opportunity Employer -Disabled/Veteran – review 'EEO Is The Law', "EEO is the law- Supplement" & "Pay Transparency Provision" posters here.
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