Senior Compliance Manager - Corporate Trust & Custody Services (Hybrid - See Job Description for Listed Locations)
$157,400–$262,300 year
HybridIselin, New Jersey, United States
Job Summary
Conduct independent second-line oversight of Corporate Trust, Custody, Agency Services, and fiduciary activities by evaluating inherent risks, control effectiveness, and residual risks across products and processes. Lead execution of risk management programs including Risk and Control Self-Assessments, Key Risk Indicators, issue management, third-party reviews, and scenario analysis. Deliver credible challenge on risk identification, control design, and remediation while developing governance reporting for business leadership and risk committees. Escalate material issues and emerging concerns through established processes, supporting examination management and regulatory engagement. Build partnerships with first-line leaders, Legal, Audit, and Enterprise Risk teams to strengthen risk frameworks and promote operational excellence. Requires 10 years of compliance or risk experience, managerial authority, and a Bachelor's degree. Salary range $157,400.00 - $262,300.00 annually. Hybrid schedule with four days in-office at Buffalo, NY, Metro NYC, Wilmington, DE, or Boston, MA.
Required Qualifications
- Bachelor's Degree in related field
- 10 years' experience in compliance, legal, audit, risk or other relevant function
- OR in lieu of degree, A combined minimum of 14 years higher education and/or work experience, including 10 years compliance, legal, audit, risk or other relevant function
- Minimum of 5 years managerial or supervisory experience
- in-office work four days a week
- based at Buffalo, NY, Metro NYC, Wilmington, DE or Boston, MA
- independent second line oversight of Corporate Trust, Custody, Agency Services, Fiduciary, and related Institutional Services activities
- trusted risk advisor to business leadership
- identifying, assessing, monitoring, and escalating compliance and operational risks in alignment with the Bank's risk appetite and regulatory expectations
- leads risk oversight activities across Corporate Trust and Custody Services
- risk assessments
- issue management
- regulatory compliance
- control effectiveness reviews
- governance reporting
- credible challenge of first line risk management activities
- work closely with business leaders, enterprise risk partners, compliance teams, and auditors
- strengthen risk management practices
- promote a culture of operational excellence
- Provide independent oversight of Corporate Trust, Custody, Agency Services, Escrow Services, Loan Agency, Securities Administration, Collateral Administration, and related fiduciary activities
- Evaluate inherent risks, control effectiveness, and residual risks across products, services, processes, and business activities
- Deliver credible challenge regarding risk identification, control design, risk acceptances, and remediation activities
- Assess emerging regulatory, operational, compliance, and conduct risks impacting the business
- Lead execution and oversight of risk management programs
- Risk and Control Self-Assessments (RCSAs)
- Compliance and operational risk assessments
- Key Risk Indicators (KRIs)
- Issue management and remediation oversight
- Change risk assessments
- Operational risk event reviews
- Third-party risk reviews
- Scenario analysis and stress testing support
- Emerging risk identification and monitoring
- Develop and present risk reporting to business leadership, risk committees, and senior management
- Monitor trends, control issues, loss events, KRIs, and regulatory developments impacting Corporate Trust and Custody Services
- Escalate material issues and emerging concerns through established governance processes
- Support examination management and regulatory engagement activities
- Build effective partnerships with first line business leaders, Legal, Audit, Enterprise Risk, Compliance Testing, and Operations teams
- Mentor and develop risk professionals while promoting strong risk management capabilities across the organization
- Drive continuous improvement of risk frameworks, reporting, and oversight practices
- Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations
Desired Qualifications
- Corporate Trust, Custody, and Agency Services experience
- preferably in 2LOD
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