Sr. Regulatory Compliance (Securities and Insurance) professionals needed for Global Advisory firm
New York, New York
Financial Regulatory Consulting - Our client's internationally experienced professionals strive to deliver seamless, consistent services wherever their clients operate. Their mission is to help their clients and their people excel. Their Risk Management practice is a global leader in helping clients manage risk from the boardroom to the network. As the largest risk management consulting practice of its kind, they offer a comprehensive array of services designed to help their clients understand business risks, determine acceptable levels of exposure, implement controls, and provide ongoing measurement and monitoring of the risk environment and compliance. Manager/Sr. Consultant Level: We are currently seeking Managers and Senior Consultants with financial accounting and regulatory reporting experience for their area offices to sell and deliver value added securities regulatory services. We seek a specialized combination of skills including securities accounting, auditing, sales practice, and regulatory and financial reporting experience. We also seek candidates who have experience with technology and reengineering efforts, including configuring and implementing regulatory reporting and compliance infrastructure. Candidates should posses the following attributes: - An entrepreneurial spirit - Project management skills - Good communication skills - Strong technology skills - Creativity/problem solving ability - Good at dealing with ambiguity Service areas include: - Responding to regulatory inquiries and enforcement actions - Mock regulatory examinations/reviews - Regulatory capability assessments - Assessment/integration/strategic advice of regulatory compliance, reporting & licensing processes - Compliance Assistance/Assessments - Identify/ assist with the regulatory impact of changes to systems, controls, operations, finance or in reaction to new regulations - Identify/assist with correcting regulatory deficiencies and implement solutions - Assist management with the preparation of regulatory applications and related processes and to serve as a regulatory liaison Defining Books and Records Requirements 1. Chart of accounts redesign 2. General ledger reconciliations to back and middle office source documentation 3. Regulatory requirements and record retention considerations Performing Financial Process Reviews 1. Analysis of closing processes 2. Improving regulatory and financial analysis - through automation, standardization with a focus on business drivers to provide more meaningful analysis 3. Analysis of procedures used to validate account balances - assign accountability 4. Streamlining regulatory reporting procedures 5. Automating RAP to GAAP reconciliation processes Performing Compliance and Supervisory Process Reviews 1. Analysis of procedures used to validate account balances - assign accountability 2. Streamlining regulatory reporting procedures 3. Exception processing and tools utilized 4. Sales practice assessments 5. Mutual fund and variable product sales practice assessment 6. Anti-money Laundering assessments Review of Processes Supporting Compliance with Customer Protection and Financial Responsibility Rules 1. Analysis and enhancements to the supporting processes related to The SEC Net Capital Rules around financial responsibility SEC Rule 15c3-1 2. Analysis and enhancements to the supporting processes related to The SEC Customer Protection Rules found in 15c3-3 Qualifications: - BA/BS, Accounting/Finance Majors desired - 3+ years of experience in one or more of the following: 1) Securities Industry Experience i) Compliance or Regulatory position at a top-tier financial institution with the following: - Management experience or exposure with Regulatory and Compliance Risk - Interacting with Senior Management and the Board of Directors 2) Regulatory Experience (Not in order of need/preference) i) SEC ii) NASD iii) NYSE iv) CFTC 3) Consulting Experience 4) Complementary Compliance Experience: i) Sales Practice and Compliance ii) Financial Responsibility ( 15c3-1 ) iii) Customer Protection Rules ( 15c3-3 ) iv) Possession or Control ( 15c3-3 ) v) Anti-Money Laundering vi) Operational Risk Management please email all resumes to recruiter3@mindstaff.com for prompt consideration