Director-Monitoring And Testing And Regulatory Compliance Management

Broker dealer located in Midtown Manhattan looking to bring on board a “Director-Monitoring and Testing/Regulatory Management” to join their team. This role is currently in a hybrid schedule (2 to 3 days in office / week).

Responsibilities:
• Develop and oversee Oversight Program over first line and second line Monitoring and Testing Activities
• Conduct Quality Assurance (QA) reviews over monitoring and testing engagements for first and second line ranging from reperformance of testing engagements to verification of adherence to minimum documentation and sampling standards (including workpaper review)
• Provide Compliance (second line) oversight, review and challenge over first line testing activities to ensure that first line testing effectively meets standards for coverage of compliance risks
• Advise, review and challenge first line in the development of their annual test plan with respect to coverage of compliance risks, scope of activities, recommended assessments and how the first line test plan aligns with second line test planning
• Support maintenance of overall monitoring and testing coverage map for US Wholesale businesses
• Running quarterly meetings and metrics to actively measure and report on first line testing progress
• Advise first line on issues identified in testing, as needed
• Manage Monitoring program to ensure that continuous monitoring activities are accurately mapped to overall test plan and the activities are appropriately documented
• Liaise with other enterprise functions that conduct testing for continuity and alignment
• Apply consistent issues management framework for testing-identified issues
• Facilitate self-reporting of issues and analysis of observations/recommendations and whether they should be tracked
• Provide review and challenge for rules inventory and ratings in Merlin
• Support Risk Assessment process and help connect process to rules inventory and monitoring and testing activities