Thursday, September 22, 2011
Structured Products Compliance Officer - JOB OPENING in Asset Backed Finance (ABF) Dept of Major Investment Bank
Title: Structured Products Compliance - This position is part of the Asset Backed Finance (ABF) Department of a Major Investment Bank whose duties include: 1) Assist with developing, implementing and monitoring a risk-based compliance program to assure compliance with regulatory requirements and firm policies and procedures; 2) Participate in industry calls to understand and develop policies and procedures for proposed regulations impacting the ABF LOBs. Current focus will be on implementing regulations from Dodd-Frank, Volker Rule and amendments to Reg AB; 3)Become well versed in the products offered by ABF, the inherent risks of such products and the policies, procedures and controls surrounding them. Update and enhance such policies, procedures and controls to meet the changing needs of the businesses; 4) Prepare and present training materials to meet regulatory and firm requirements; 5) Assist in planning and preparation for exams and audits; prepare and gather documents to respond to regulatory inquiries; 6) Review to determine if employees are appropriately licensed; 7) Review marketing materials; review and documentation of MCRs; 8) Work with the deal teams to review and analyze required transaction documentation including, Structured Products Transaction Review Template, Compliance Certification, 23A Capital request forms; Provide support and surveillance to the ABF Syndicate Desk; 9) Liaise with Corporate Compliance to comply with required standards; 10) Participate on and potentially manage special projects; 11) Liaise with various support partners to provide advice and guidance to the business lines; 12) Assume full compliance responsibilities for specific areas/desks within ABF. Required and Desired Skills & Experience Understanding of the business lines and organizational structures noted above to facilitate interaction with investment bankers and traders; ability to develop a cross-functional knowledge of compliance responsibilities to gain a deep understanding of the regulatory framework, as well as specific internal and industry requirements. Bachelors Degree Required. For consideration by the Investment Bank Hiring Manager, please e-mail yiur resume and brief cover letter to: Stuart@RosenthalRecruiting.com Website has more information and ways to connect: http://www.RosenthalRecruiting.com. You call call 973-826-0537 first or email and ask for a call.
Posted by Stuart Rosenthal