TIAA Director, Compliance Officer II - Volcker Compliance in New York, New York
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Compliance professional supporting Volcker Rule Compliance. Core competencies include experience working with private funds such as a hedge fund, private equity fund or private commodity pool, knowledge of the securities markets and various financial instruments traded within these investments and knowledge of Volcker Rule, Dodd-Frank Act and securities regulations generally. Capable of providing expert advice in a dynamic and complex environment, assisting business partners in identification and mitigation of compliance risks and delivering strategic, practical and business-focused compliance solutions. Skilled at monitoring and working cross-functionally to achieve efficient and effective compliance risk management and anticipating regulatory expectations.
KEY RESPONSIBILITIES AND DUTIES:
Establish enterprise Volcker program standards, including standards ensuring that new businesses are onboarded as needed to the overall Volcker Compliance Program and legal entity listings used for Volcker Rule compliance and oversight are current, complete and accurate
Maintain and execute the enterprise Volcker Compliance Program, including maintaining the Volcker enterprise policy and standards
Collaborate with the Compliance Risk Assessment team to conduct the enterprise Volcker risk assessment
Collaborate with the Compliance testing team to develop testing of the Volcker program on a risk-based basis
Prepare and facilitate the annual CEO Volcker attestation process and monitor that the materials provided to the CEO for the annual attestation of the Volcker Program are accurate and timely
Provide periodic reporting and metrics on Volcker compliance to senior management on not less than an annual basis, including the annual program update to the TIAA Board
Monitor, perform oversight of and evaluate the effectiveness of the Volcker Rule program within the LOBs including that: (i) LOB Volcker policies and procedures are inclusive of current processes, clearly define specific accountabilities and are in alignment with regulatory guidance; appropriate training is provided to targeted employees on at least an annual basis; (ii) LOB Compliance executes an appropriate monitoring program; (iv) an independent Volcker test plan is executed at least annually; (iv) annual sub-attestations in support of the annual CEO attestation are executed accurately and timely; (v) LOB Volcker records are retained for the appropriate retention period and (vi) any significant adverse events are timely escalated to enterprise Compliance as appropriate
Collaborate closely with Business, Law, Finance, Risk, Compliance and Internal Audit partners on compliance related matters
Support the Institutional Financial Services business Volcker Compliance program
Previous experience with a Volcker or Dodd-Frank Act related compliance program, either within Compliance, Law or Audit or as a business person accountable for Volcker compliance
5 years working within investment management within a legal, compliance or business unit in a financial services firm offering private funds and annuities Preferred Qualifications:
Compliance testing and auditing experience desirable
Background or experience in a relevant regulatory agency a plus
Strong organizational and reporting skills
Strong executive presence and relationship management skills
Excellent quantitative, analytical and problem solving skills
Excellent written and oral communication skills including presentation and public speaking skills
Able to work independently and collaboratively with team members at all levels
Proficient with technology and information systems
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Job: Advocacy and Oversight
Primary Location: NC-Charlotte
Req ID: 1709579