Vice President Compliance Testing
A financial services firm is seeking a Vice President of Compliance Testing to lead the firm's compliance testing program. This role is responsible for designing and implementing a comprehensive testing framework to ensure adherence to regulatory requirements, internal policies, and industry standards. The ideal candidate will have experience in compliance testing or auditing within an institutional investment bank, broker-dealer, or similar financial organization. Strong organizational, analytical, and communication skills are essential for success in this position.
Key Responsibilities:
Lead and conduct compliance testing of supervisory and monitoring controls across various business units.
Develop and maintain a structured testing program, including test scripts, documentation, and risk-based prioritization.
Establish and manage testing schedules, focusing on higher-risk areas and emerging concerns.
Collaborate with senior management and compliance teams to identify issues, recommend remedial actions, and track implementation progress.
Prepare detailed reports for senior leadership, highlighting significant risks and remediation efforts.
Monitor industry trends and regulatory developments to enhance testing protocols and proactively address new areas of concern.
Qualifications & Experience:
5+ years of experience in a compliance, regulatory, or audit role within an investment bank, broker-dealer, or similar financial institution.
Hands-on experience in testing or auditing investment banking and broker-dealer activities.
Bachelor’s degree required.
Legal training or direct regulatory experience.
Knowledge of research, investment banking, and equity trading regulations.
Strong oral and written communication skills, with the ability to present findings to senior leadership.
Attention to detail, analytical mindset, and strong time management skills.
Ability to work independently and manage projects with minimal supervision.