IC3 Resides in the business and manages first line of defense regulatory oversight management efforts as they relate to regulatory and policy requirements. This role sits within the Clearance and Collateral Management (CCM) CASS oversight team, who work within the business to help ensure CASS compliance. The successful candidate will work with the CCM CASS Director, and specific responsibilities will vary across:
Effecting oversight of CASS activities across the Line of Business's functions based on the target operating model
Maintaining the Line of Business documentation of CASS risks & controls and outsourcing, and developing action plans to address weaknesses / enhance where needed
Assessing how the CASS rules apply to breaches, product / business changes and controls testing
Conducting regular CASS governance forums, submissions and attestations
Managing process enhancement / remediation actions, and information requests for reviews and audits
Further responsibilities include:
Thorough knowledge of Financial Services rules and regulations.
Demonstrated problem solving and analytical ability, and strong oral and written communication skills.
Must have the ability to supervise small teams and projects and develop solutions for regulatory oversight management issues.
Analyzes existing legislation, regulatory announcements, and industry practices for first line of defense compliance requirements.
Helps businesses develop procedures to meet compliance requirements.
Implement project plans to ensure compliance with laws, rules and regulations and manage risk.
Provide guidance and training to entry-level employees.
No direct reports: provides technical advice/guidance to less experienced team members.
Contributes to the achievement of team objectives.
Supports complex projects and provides insight on interpretation of regulations.
Skills & Requirements
Bachelors degree or the equivalent combination of education and experience is required.