Jobs in New York City
Sometimes called Head of Compliance, sometimes Chief Compliance Officer (CCO), the individual sitting in this role is typically responsible for the entire compliance and risk function within a firm. The Head of Compliance will also usually advise appropriate internal committees on risk management and compliance activities.
The Chief Compliance Officer will also oversee compliance with laws, regulatory requirements, policies and procedures for a given firm.
Usual Key Duties
As the Subject Matter Expert, establish standards an implement procedures
Ensure compliance programs are effective and efficient within the organisation
Advise the business and senior management on all regulatory obligations and procedures required to ensure compliance with these obligations
Build trusted relationships with regulators and the firm's senior management team
Design monitoring programmes
Oversee and design the training of internal teams on compliance matters: provide appropriate training to ensure that everyone is made aware of their regulatory responsibilities
Constantly promote a positive compliance culture
Conduct AML risk assessments of existing or potential clients, then make recommendations to management
If required by the firm, attend committees such as the Governance and Risk Committee or the Audit Committee
Ensure efficient and effective implementation of all new compliance policies
Manage a team (depending on the size and structure of a firm)
Assume the SMF16 or SMF17 function (depending on the size and structure of a firm)
Develop compliance policies and procedures for the firm
Usual Required Skills
Strong leadership skills
Extensive regulatory experience
Strong policy knowledge, if required
Team management experience
Ability to design and implement improvements to processes, procedures and frameworks
Strong time management
Strong prioritisation skills
Compliance is the departmental embodiment of an organisation's moral compass. It is tasked with protecting a business and its stakeholders, both internally and externally. This regulatory leader must internalise conflicts and exercise supreme judgement in balancing the need to allow its business to flourish in an increasingly complex regulatory environment, whilst avoiding the potentially devastating consequences of non-compliance. Rutherford understands the seriousness of all Compliance hires: that is why we are specialists in the space. We know that deep market knowledge, relationships and networks are all vital to recognising that elusive cultural fit when we see it.
New York City
New York is known as the cultural, financial, and media capital of the world. Home to the headquarters of the United Nations, its residents speak over 800 languages and over 60 million people visit the city every year to take it all in.
New York is home to Wall Street and the two largest stock exchanges in the world and it’s known as the most financially powerful city in the world with more billionaires in residence than any other city. For over 200 years, the "Big Apple" has been the centre of opportunities where dreams and accomplishments can be big, and is known for it fast pace, which is unrivalled.
Put a New York City map in front of you, and you will see how easy it is to get around town. Most of Manhattan's neighbourhoods are after all quite self-descriptive: Upper East Side, Upper West Side, and so on.
Commuting to word can be as easy as putting on a pair of walking shoes: many New Yorkers walk to their destination. If walking isn't your forte, public transit is another great option - or hailing one of its famous yellow cabs. New York is known for its inexpensive and environmentally-friendly rail system, or "subway".
24 days ago
Interim Head of Compliance
City of London
Our client, an insurance advisory firm, is recruiting for a Head of Compliance (SMF16/17). The candidate will be responsible for overall ...
about 1 month ago
Our client, an independent organisation facing the education sector and headquartered in Cheltenham, is looking for an Ethics and Compli...