At a Glance
- Tasks: Lead compliance initiatives in wealth management and partner with senior leaders on regulatory oversight.
- Company: Large tier-one bank located in Midtown, known for its collaborative culture.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative work environment that fosters innovation and career advancement.
- Why this job: Make a strategic impact in a dynamic environment while ensuring regulatory excellence.
- Qualifications: 5+ years in wealth management compliance and strong communication skills required.
The predicted salary is between 70000 - 140000 £ per year.
Lead wealth compliance initiatives across a regulated environment. Partner with senior leaders on regulatory oversight and risk programs.
About Our Client: Large tier-one bank located in Midtown.
In this position, you will make a strategic impact by:
- Enhancing and managing the compliance program supporting Wealth businesses, ensuring alignment with regulatory standards across OCC, consumer banking regulations, SEC, and FINRA.
- Building strong partnerships with business leaders to address regulatory findings, lead audit/exam discussions, and present to senior management.
- Advising on compliance considerations related to new products, services, and initiatives, including designing appropriate controls and monitoring mechanisms.
- Developing and executing monitoring, testing, and risk assessment programs within a dynamic and evolving business model.
- Managing key elements of the compliance framework including policies, procedures, issue management, and ongoing reporting.
- Serving as a subject matter expert within governance forums and advising stakeholders across Wealth Management.
- Working with technology and product teams to integrate compliance expectations into product development and operational workflows.
- Supporting interactions with regulators by preparing materials, coordinating responses, and contributing to strategy for regulatory engagements.
- Influencing cross‑functional teams and stakeholders through strong communication, leadership presence, and analytical insight.
- Preparing executive‑level reporting, dashboards, and risk summaries for leadership and board committees.
The Successful Applicant: What We're Looking For
- 5+ years of experience in wealth management or consumer banking compliance advisory roles.
- 3+ years of experience in consumer compliance or consumer banking, including regulatory frameworks and requirements.
- Experience with trust and fiduciary rules is a plus.
- Deep understanding of OCC, consumer banking regulations, FINRA, and/or SEC requirements.
- Bachelor's degree required; advanced degrees (JD, MBA) or compliance certifications strongly preferred.
- Exceptional written and verbal communication abilities, strong analytical skills, and a problem‑solving mindset.
- Demonstrated ability to collaborate across lines of business and influence senior stakeholders.
What's on Offer:
- Competitive salary ranging from $70,000 to $140,000 USD.
- Comprehensive benefits package tailored to employee needs.
- Opportunities for professional growth within the financial services industry.
- Collaborative work environment that fosters innovation and regulatory excellence.
VP, Business Compliance Officer - Wealth Management employer: Page Executive
As a leading tier-one bank located in the vibrant Midtown area, we pride ourselves on being an excellent employer that champions compliance and regulatory excellence within the wealth management sector. Our collaborative work environment not only fosters innovation but also offers comprehensive benefits and tailored professional growth opportunities, ensuring that our employees thrive in their careers while making a strategic impact in the financial services industry.
StudySmarter Expert Advice🤫
We think this is how you could land VP, Business Compliance Officer - Wealth Management
✨Tip Number 1
Network like a pro! Reach out to your connections in the wealth management space and let them know you're on the lookout for opportunities. A personal referral can make all the difference when it comes to landing that VP role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory frameworks like OCC, SEC, and FINRA. Be ready to discuss how you've tackled compliance challenges in the past and how you can bring that expertise to the table.
✨Tip Number 3
Showcase your leadership skills! When speaking with potential employers, highlight your experience in influencing cross-functional teams and your ability to communicate complex compliance issues clearly to senior stakeholders.
✨Tip Number 4
Don't forget to apply through our website! We have a range of exciting roles that could be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining our team.
We think you need these skills to ace VP, Business Compliance Officer - Wealth Management
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in wealth management compliance. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Expertise:Don’t shy away from detailing your knowledge of regulatory frameworks like OCC, SEC, and FINRA. We want to see how your background aligns with our needs, so be specific about your relevant experience.
Communicate Clearly:Your written communication skills are crucial for this role. Keep your application clear and concise, demonstrating your ability to convey complex information effectively, just like you would in a board meeting.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity in our team!
How to prepare for a job interview at Page Executive
✨Know Your Regulations
Make sure you brush up on the key regulations like OCC, SEC, and FINRA. Being able to discuss these in detail will show that you’re not just familiar with them but can also apply them strategically in your role.
✨Showcase Your Leadership Skills
Prepare examples of how you've influenced cross-functional teams or led compliance initiatives in the past. This is crucial for a VP role, so be ready to demonstrate your leadership presence and communication skills.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific compliance challenges or regulatory findings. Think through potential scenarios and how you would advise stakeholders or manage issues effectively.
✨Bring Data to the Table
Since you'll be preparing executive-level reporting and dashboards, come prepared with examples of how you've used data to drive compliance decisions. Highlight your analytical skills and problem-solving mindset.
