Regulated Entities Shared Services Manager

Key Responsibilities

• Work with Teams and LOB stakeholders to support consistent approach to delivery of each function to ensure process consistency and effective control practices
• Manage a team in such a way to provide coaching, mentoring and training for team as needs are identified.
• Encourage and facilitate professional growth within the team.
• Successfully identify individual talent for effective assign tasks and responsibilities.
• Perform escalated review of complex transactions identified by the Shared Service Governance and Control team
• Participate in Senior Leadership committees and Working Groups.
• Drive efficiencies within workflows while maintaining a focus on regulatory and policy compliance.
• Utilize quality/testing/monitoring observations to implement best practices and holistic view of current policies/procedures reviewed.
• Participate in meetings and calls, representing the team when discussing policies, products, systems, and other items that impact the department and our processes. Serve as representative on firm initiatives.
• Candidate must possess demonstrated expertise in securities support functions and knowledge of regulatory requirements / agencies for Broker Dealer and Registered Investment Adviser functions.

Essential Duties And Responsibilities

• Engage in risk management activities with the line of business/enabling functions, proactively identifying existing and emerging risks, evaluating the significance of the risks, and providing support in managing acceptance or mitigation of the identified risks.
• Lead a team of risk professionals responsible for executing various support functions and enterprise risk programs in accordance with the program requirements
• Assist business line/compliance leadership with identifying, assessing, controlling, mitigating, and communicating risks associated with processes and decisions. Provide oversight and governance to the assigned business unit regarding its control environment.
• Support the development of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs).
• Provide risk management support and oversight for change activities (both business and regulatory change).
• Provide oversight and support for open risk, audit, and regulatory issues. Evaluate the root cause, the corrective action plans and work with business partners to successfully implement and document remediation.
• Support audit and regulatory exam engagements.
• Communicate with assigned business unit’s leadership regarding activities, trends, and events pertaining to risk, regulatory, audit and loan review activities. Promote various risk initiatives and their supporting metrics.

Qualification & Requirements

Basic Qualifications

• Bachelor’s or advanced degree, or equivalent work experience
• Typically more than 15 years of applicable experience

Preferred Skills/Experience

• Bachelor’s degree in Business, Finance, Communications and/or equivalent education, training and experience.
• 8 to 10 years of financial services or risk management experience or demonstrated equivalent proficiency, and/or equivalent education, training and experience.
• Experience and expertise within securities business – broker dealer, investment advisory, sales and trading, risk management, audit, or similar experience
• Excellent verbal, written and interpersonal skills and the ability to communicate and interact with all levels of management.
• Strong knowledge and leadership skills and the ability to own projects and drive process change.
• Ability to manage implementation of risk program requirements over multiple lines of business.
• Independent thinker with strong analytical skills and the ability to make decisions.
• Excellent time management and organizational skills.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Securities licenses preferred (i.e. FINRA Series 7, 24), or similar expertise working directly with regulated businesses

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law