Social Capital Resources ยท 1 day ago
Compliance Monitoring & Testing Specialist
New York, NY
Contract
Onsite
Mid, Senior Level
$35/hr - $47/hr
5+ years expSocial Capital Resources is a top-tier bank located in Midtown, Manhattan, seeking a Compliance Monitoring & Testing Specialist for a temporary to permanent position. The role involves ensuring adherence to regulatory requirements, conducting monitoring and testing, and documenting compliance findings.
EmploymentFinancial ServicesFinTechRecruitingStaffing Agency
Responsibilities
Conduct ongoing monitoring and testing to ensure the effective execution and sustainability of bank's adherence to all regulatory requirements (excluding Financial Crimes Compliance) and escalate any issues of non-compliance
Work on regulatory requirements specifically Federal Reserve Bank New York (FRBNY) and New York State Department of Financial Services (NYDF) regulations
Conduct scoping analysis to identify which business units are within scope of testing relative to the regulatory requirement
Ensure written monitoring and testing results are thoroughly documented, clearly understood, and escalated appropriately
Monitor and test regulatory and internal requirement related controls in business level procedures or policies and identify control deficiencies
Develop reports of regulatory and internal requirement control deficiencies including documentation of findings and tracking remediation objectives
Participate in planning, execution, and reporting of compliance assurance reviews and compliance and regulatory issue validation
Stay up to date on federal and state compliance updates
Qualification
Required
Bachelor's Degree
3+ years in a compliance testing and monitoring position, with a focus on non financial crimes compliance
5 years working experience in the field of compliance monitoring and testing
Knowledge of Federal Reserve Bank New York (FRBNY) and New York State Department of Financial Services (NYDF) regulations
Company
Social Capital Resources
Headquartered in New York City, Social Capital Resources is a recruiting firm dedicated to facilitating the needs of both clients and candidates within the Financial Services, Finance/Accounting, FinTech and Technology industries.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
M
Matt Solomon
Founder and Managing Partner
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