Senior Manager, Compliance Officer

About the role

This role will support compliance and risk management activities for TIAA Wealth & Advice and the registered investment advisers and broker-dealer entities that support this line of business. The Compliance and Risk Officer will implement broader planning for business unit compliance and risk programs in order to ensure organization functions are in compliance with all relevant laws, regulations, and policies, and that risk and control programs are well executed. As a subject matter expert in compliance and risk management, this job manages large projects and processes to identify, investigate, and report risks.

Responsibilities

• Oversees risk assessments to identify issues, concerns, and deficiencies.
• Develops and oversees risk tolerance guidelines and policies, ensuring the risk of exposure of the organization remains within the guidelines and, if not, that there is appropriate go to green plans to remediate.
• Conducts complex investigations in response to complaints and/or potential violations of rules, regulations, policies and procedures.
• Assesses best practices, processes, and control environment to ensure appropriate frameworks are in place to manage risk. Evaluates and modifies risk management frameworks to better manage and report aggregate global risk exposures.
• Oversees development and implementation of corrective action plans to resolve problematic compliance issues, ensuring that compliance deficiencies are corrected and providing guidance to management on how to avoid or handle similar situations in the future.
• Reviews and approves reports on the results of compliance and risk management initiatives of the business unit, and communicates key takeaways from reports to management.
• Develops and implements preventative measures and processes, identifies opportunities to improve the communication, monitoring, and/or enforcement of business unit programs, and recommends relevant revisions of policies and procedures to improve the general operation of business unit compliance and risk programs to management.

Requirements

Educational Requirements: University degree preferred. Work Experience: 5+ years required; 7+ years preferred. Physical Requirements: Sedentary work. Career Level: 8IC.

Qualifications

Required: 5+ years of experience in financial services Risk, Compliance, or Audit. Preferred: 7+ years of experience in financial services Risk, Compliance, or Audit. Understanding of registered investment adviser and broker-dealer compliance obligations and risk programs. Knowledge of operational risk and/or enterprise risk management programs. Ability to manage multiple tasks concurrently and execute work with limited guidance. A highly collaborative business partner who can effectively partner with colleagues that are widely dispersed both functionally and geographically. FINRA Series 7/24 preferred.

Skills

• Adaptability
• Business Process Understanding
• Compliance
• Compliance Trends
• Critical Thinking
• Detail-Oriented
• Influence
• Relationship Management
• Risk Monitoring
• Strategic Thinking

Benefits

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.