Compliance Consultant 3 - WIM T&V (WFAM)
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Let’s talk about building a rewarding career
You’ve got the passion. You’ve got the skills. Now you just need the right opportunity. you’ll have the chance to join a team of intelligent and talented people who share the same values. Our diverse lines of business offer a world of opportunity to expand your capabilities and advance your career. We invest in our people and provide a supportive environment in which to learn and grow.
It starts with you. Our goal is to attract, develop, retain and motivate the most talented people - those who care and who work together as partners across business units and functions. We value and promote diversity and inclusion in every aspect of our business and at every level of our organization.
Nationwide, diversified financial services company with $1.7 trillion in assets. Founded in 1852, provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, more than 12,500 ATMs, and mobile devices. has more than 265,000 team members in 36 countries across our approximately 90 businesses. Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. vision is to satisfy our customers’ financial needs and help them succeed financially.
Wealth and Investment Management (WIM) is one of the company’s four main divisions. WIM businesses build enduring client relationships through sound, thoughtful and objective advice. We help our clients by developing individualized plans for everything from retirement goals to business succession planning, to family legacy intentions. Services include comprehensive planning and advice, investment management, brokerage, private banking, estate planning strategies, trust, insurance and both individual and institutional retirement.
Asset Management (WFAM): WFAM is a line of business within WIM that brings together a strategic balance of investment capabilities to serve the investment needs of clients worldwide: institutions, financial advisors, and individuals.
We offer the expertise of over 29 investment teams—each focused on specialized, niche portfolio management strategies—to meet the diverse needs of our clients. Collectively, they provide clients with a broad array of investment options across all major asset classes, including actively managed equity, fixed-income, liquidity, s value, and alternative investments. Investment strategies are accessible through a variety of product structures, including institutional separate accounts, retail separately managed accounts, mutual funds (open-end, closed-end, variable trust), private funds (hedge funds, commingled investment vehicles, medium term note programs) and Luxembourg-domiciled funds (UCITS).
WIM Testing & Validation (T&V) is seeking an experienced compliance or audit professional to join the WIM T&V Team. The Compliance Consultant 3 role will be responsible for control testing to ensure compliance with regulatory requirements and corporate policies applicable to WFAM, including compliance with the Regulatory Compliance Risk Management Policy and Procedures as well as the Operational Risk and Compliance Testing and Validation Standards. These responsibilities will include the design, development, and execution of compliance testing strategies and methodologies evaluating the adequacy and effectiveness of policies, procedures, initiatives, and internal controls and the identification of issues resulting from these reviews. In addition, this position will require communication with various levels of management to ensure corrective actions address root cause and meet corporate sustainability requirements. The position is responsible for regulatory control testing, operational control testing, and corrective action validations. Further, the position must participate in projects or process improvement initiatives that are complex in scope, high risk and are large in size and organizational span. Finally, the position must coordinate/leverage certain responsibilities and best practices with other WFAM departments (i.e. WFAM Compliance, Operational Risk) as well as other WIM compliance programs (i.e. WFA, Retirement).
•2+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both
•2+ years of experience in one or a combination of the following: additional compliance, additional operational risk management, IT systems security, business process management or financial services industry experience or a BS/BA degree or higher in business or a related field
•Intermediate Microsoft Office skills
•Excellent verbal, written, and interpersonal communication skills
•Strong analytical skills with high attention to detail and accuracy
•Ability to interact with all levels of an organization
Other Desired Qualifications
•2+ years of experience in a compliance, risk management or audit role performing one or more of the following:
•Review of complex business processes and identification of key controls
•Development and documentation of testing strategies and methodologies
•Evaluating adequacy and effectiveness of policies, procedures, processes and internal controls
•Communication of issues across various levels of management
•Audit experience strongly preferred
•Excellent written and verbal communication skills with proven ability to communicate complex issues in a credible and convincing manner
•Proven ability to work independently, self-starter that proactively engages clients and business partners in a positive and constructive manner and demonstrated follow-through on deliverables
•Exposure to compliance and regulatory controls in a financial services environment
compliance systems knowledge (SHRP) a plus but NOT required
•Proficient in Microsoft SharePoint
•SEC and OCC related regulations experience
•Knowledge of the investment management or mutual fund business and equity or fixed income instruments
Candidate Must Have: Applicant meets the basic qualifications in the job description