Sr. Compliance Manager – Operational Risk Testing

Location:

About the Job

As part of Keys second line of defense Compliance Risk Management function the Risk Evaluation and Assurance Program (the REA Program) has the responsibility for evaluating Keys ongoing compliance with applicable laws and regulations and the adequacy of operational controls and processes in mitigating applicable risks through the execution of operational and compliance monitoring and testing across Keys lines of business products and functional activities. Individuals lead the design and execution of testing and continuous monitoring to evaluate the adequacy of Keys operations and compliance with regulatory requirements. Individuals work both autonomously on assignments and in collaboration with other members of REA team on projects and testing. The Senior Manager must have a strong understanding of audit and/or testing concepts and apply those to testing monitoring issues management and verification activities. The Senior Manager must exhibit strong leadership initiative and agility as well as a passion for continuous learning and challenging the status quo. The ideal candidate will have experience managing a team of testing compliance or operational risk professionals a strong knowledge of banking operations and products and be skilled at developing executing and overseeing testing and monitoring activities. This role requires the ability to demonstrate leadership across various lines of business and proactively and productively coordinate with other groups within Key including the lines of business other risk management teams and internal audit.

Essential Job Functions

• Lead and manage a team of operational risk testing professionals and provide oversight of the risk-based monitoring and evaluation activities including risk assessment monitoring and testing analysis of findings and reporting to ensure effective sustainable risk management processes exist.
• Provide oversight guidance and strategic direction to staff related to day-to-day responsibilities and engagement of line of business management and compliance partners in designing and executing testing special projects and ongoing monitoring.
• Demonstrate subject matter expertise in the testing and working knowledge of banking operations industry trends emerging issues and related banking products and ability to understand its applicability to risk management strategies including the scoping of risk evaluations monitoring and design of testing plans.
• Utilize knowledge of data analysis tools and techniques to lead a team of compliance testing professionals in analyzing quantifying and/or assessing risks and to evaluate controls to identify potential weaknesses and/or control gaps.
• Assist REA Executive with the ongoing design development and implementation of the REA operational risk testing program including the testing plan testing methodology ongoing monitoring and strategic initiatives to provide assurance that the Banks policies procedures and processes are adequately designed and executed to effectively mitigate operational risks and consistent with industry best practices.
• Responsible for managing staff providing ongoing coaching and driving quality of work for the team while ensuring any issues or material breaches of applicable laws rules policies or standards with an actual or potential compliance risk impact are appropriately identified escalated remediated and validated.
• Maintain awareness of emerging issues bank-wide initiatives and industry trends to be forward thinking and innovative in executing testing engagements and ongoing monitoring to identify process and control improvement opportunities.
• Develop and maintain strong collaborative relationships with mid to senior level management other internal clients and peers Internal Audit industry peers and regulatory examiners.
• Participate in special projects as assigned and assist in the development and on-going enhancement of the REA Program and operational risk testing related procedures.
• Actively identify and pursue training or continuing education opportunities to further develop overall knowledge of regulatory compliance banking products and services industry trends and emerging risks.

Required Qualifications

• Education/Background: Bachelors degree.
• Minimum 6 years of compliance risk management and/or audit experience with a strong focus on risks and controls and risk-based auditing and/or testing techniques; management experience preferred.
• Advanced working knowledge of financial services compliance and operations including the related rules and regulations of the financial services industry to include: OCC FRB State Law and other pertinent regulations.
• Demonstrated skill in effectively communicating (verbal and written) results to a diverse audience; ability to work with all levels of management with a focus on collaboration and relationship management.
• Experience with data analysis tools and techniques including advanced concepts of Microsoft Word Excel and PowerPoint and/or other analytical software (e.g. SAS Tableau ACL etc.).
• Strong interpersonal skills; ability to work well in a team environment.
• High ethical standards strong critical thinking detective analytical and problem-solving skills.
• Autonomous self-motivated and flexible with the ability to adapt quickly to change or shifting priorities in a fast-paced environment.
• Experience working on projects or initiatives requiring strategic planning/thinking across multiple functional areas and business processes.

Preferred Qualifications

• Currently maintains relevant professional and/or industry sponsored certifications in risk management internal audit and/or compliance (e.g. Certified Information Systems Auditor (CISA) Certified Internal Auditor (CIA) Certified Fraud Examiner (CFE) Certified Regulatory Compliance Manager (CRCM) etc.).
• Comprehensive knowledge of the operational technical and functional structure of financial services organizations banking systems and risk programs.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $130000 to $160000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

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