Sr Compliance Testing Lead

About This Role

Oversee compliance inspections and support the development, implementation, and maintenance of compliance processes and monitoring functions within financial services. Serve as a trusted advisor, providing guidance and oversight of regulated activities, with a focus on protecting investors and enabling innovation.

Responsibilities

• Conduct routine and targeted compliance monitoring and testing across financial services operations, with a focus on cash products and money movement, applying knowledge of relevant regulations (e.g., Regulation E, Regulation CC, NACHA) to assess control effectiveness and identify gaps.
• Lead investigations of potential violations of ethical standards and noncompliance with applicable laws, regulations, and internal policies, collaborating with internal stakeholders to ensure timely resolution and documentation.
• Prepare clear and actionable inspection and assessment reports, including root cause analysis and recommendations for remediation, communicating findings to business partners and senior compliance leadership.
• Provide compliance guidance and advisory support to business units, helping to mitigate risk and strengthen control environments, and advising on regulatory implications of new products and operational changes.
• Oversee the design, implementation, and maintenance of compliance policies and procedures, ensuring alignment with evolving regulatory expectations and industry best practices.
• Identify and implement corrective action plans for areas of noncompliance or control weakness, recommending proactive measures to reduce future risk exposure.
• Manage operational efficiency of compliance testing programs, including setting measurable goals, tracking performance, and leveraging internal and external resources to optimize outcomes.
• Follow approved monitoring and testing procedures, ensuring consistency, accuracy, and documentation of results, escalating issues as appropriate and tracking corrective actions to closure.
• Maintain deep knowledge of the investment and financial services industry, focusing on broker-dealer operations and banking-like features, and monitoring regulatory developments and market trends to inform compliance strategy.
• Serve as a subject matter expert and liaison to regulatory agencies, internal audit, and risk partners, supporting regulatory exams and inquiries with timely and thorough responses.
• Participate in special projects and enterprise initiatives, contributing compliance expertise to cross-functional efforts and strategic priorities.

Requirements

• Minimum 5 years of compliance experience in financial services
• At least 2 years in broker-dealer or banking-like operations
• Proven experience in Regulation E
• Proven experience in Regulation CC
• Proven experience in NACHA rules
• Proven experience in FINRA oversight
• Strong analytical skills
• Strong writing skills
• Strong stakeholder engagement skills
• Experience designing and executing compliance testing frameworks

Qualifications

• Minimum 5 years of compliance experience in financial services, with at least 2 years in broker-dealer or banking-like operations.

Nice to Have

• Active CRCM certification

Skills

* Required skills