Experts in this TalentCloud should be able to build new processes utilizing best practices for document automation, archival, auditability, compliance, and traceability. Analyze and synthesize financial/legal document content across multiple sources in order to understand similarities and differences, escalating to Legal Counsel to track decisions that are needed. Other responsibilities include:
- Work with partners in engineering and counsel to guarantee meeting regulatory requirements, customer experience, and agent experience expectations
- Solve challenging problems with data science, machine learning, and efficient tooling
- Improve workflow and case tools, adding features that empower agent productivity and automate the high volume of monitoring and reporting
- Collect, aggregate, analyze, and visualize customer, product, and transaction data to identify trends and evaluate changes in customer, product, and transactional risk exposure
- Apply data from BSA/AML compliance department stakeholders to translate qualitative risk factors into responsive risk models that leverage new technology
- Develop knowledge of new analytical techniques and data sources that provide ongoing risk mitigation
- Analyze new and existing regulations in relation to the organization’s products or processes.
- Review marketing, legal, technical documentation, and research reports, to assess compliance with global regulatory agency policies, regulations, and standards
- Recommend courses of remediation to help the organization achieve the necessary levels of compliance
- Develop and deliver innovative regulatory strategies for product development and approval
- Provide regulatory guidance and support for various departments, projects, and teams/committees
- Assist with regulatory affairs activities, strategies, and daily operations
- Identify and assess regulatory risks & define strategies to mitigate such risks
- Ability to articulate complex regulatory issues within the organization
Preferred Education
- Bachelor’s degree in, finance, computer science, computer engineering, IT or degree or background in law
Required Skills
- 3+ years professional experience building new processes within a highly regulated industry (Financial Services, Insurance, etc.)
- Experience reviewing regulatory documents, document tracing, and management
- Knowledge and experience in interpretation of regulations, guidelines, policy statements, etc.
- Knowledge of regulatory environment, including knowledge of any or all of federal and state banking laws and regulations (e.g., Federal Reserve Bank, NYDFS, FDIC, OCC, CFTC, NFA, FINRA, SEC, MSRB)
- Self-motivated with a curious, passionate, growth-oriented mindset
- Understanding of large and complex financial institutions, and their functions, including Risk Management, Compliance, Legal and Operations
- Experience in Financial data modeling and querying
- Experience in General financial market structures and dynamics
- Experience with some or all of the following technologies to build analysis and drive insights from data: Database: Oracle (PL/SQL), Microsoft SQL Server (T-SQL) Analytics tools: R, Python Reporting tools: PowerBI, Tableau, Excel
- Ability to interpret and communicate regulations to internal and external stakeholders
- Strong organizational skills and strong written and communication skills
- Excellent leadership and communication skills
- Advanced quantitative and analytical skills, with strong detail orientation
- Proven organizational and project management skills, including excellent time management and the ability to handle multiple concurrent assignments
- Ability to work under pressure, allocate time efficiently and manage multiple priorities at once
Preferred Skills
- Desire or experience working with Fintech, Regtech, Blockchain, machine learning, data science, and virtual currencies
- Experience working with regulatory agencies a plus
- Java, or Ruby software development experience
- Some experience developing front-end applications
- Knowledge of vendor BSA/AML transaction monitoring and sanctions screening systems (e.g., Actimize, FircoSoft, Fortent)
- Familiar with Agile principles
