19 days old

Senior Compliance Manager (Remote)

Silicon Valley Bank
Minneapolis, MN 55415 Work Remotely
  • Job Code

When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Job Description

Reporting to the Director, Compliance Advisory Program, the Senior Compliance Manager will be responsible for providing governance, oversight, review, and challenge to support key business units whilst ensuring ongoing compliance with the Swap Dealer regulations, and Uncleared Margin Rule.

You will be responsible for the development and execution of the regulatory compliance programs and initiatives. You will stay current with developments in the regulatory space and lead transformational regulatory change in a strategic best-in-class manner. You will help enhance the regulatory compliance culture. You will collaborate closely with teams across the organization to help identify, assess, monitor, and report on regulatory compliance risks. Critical partners include legal, risk management, front office, middle office, IT, operations, etc. You will be responsible for the following:

  • Advisory Guidance: Help the Business Units in identifying and understanding laws and regulations that apply to the Business Unit's products, services, processes, and client types.
  • Business Unit Liaison: Act as a liaison with the assigned business units for requests for compliance support. As part of this, maintain understanding of business unit policies, processes, controls, products, and services.
  • Compliance Policies: Assist in the development and maintenance of compliance policies by understanding the regulation, analysis of regulatory changes, and various business changes.
  • Compliance Programs: Help develop and execute regulatory compliance programs. Monitor and provide oversight of regulatory compliance.
  • Compliance Metrics: Develop metrics and key risk indicators that assist in monitoring compliance with regulatory requirements.
  • Compliance Oversight: Provide oversight, review and challenge, and monitoring of high risk regulations and controls
  • Compliance Issues: Assist business units resolve regulatory compliance issues raised by Compliance Monitoring and Testing, internal audit, or regulators
  • Compliance Training: Assist in the design and administer compliance training to the applicable business units and employees.
  • Regulatory Changes: Identify, assess, and conduct an analysis of changes in regulations and document those in compliance policies and procedures. Work with the assigned Business Units in helping them understand the regulatory changes.
  • Reporting: Develop periodic management and committee reporting
  • Assessments: Support internal and external regulatory change assessments while working with control partners.

Skills and Requirements
  • Bachelor's Degree in Business Administration, Accounting, Finance or equivalent. MBA or MS is a plus. Additional certification such as CAMS, CRCM, FRM, CFA, CIA preferred
  • Minimum 5 years' experience in banking or financial services, with a focus in Foreign Exchange
  • Minimum 3 years of regulatory/compliance experience in banking or financial services
  • Deep understanding of swap dealer, and Uncleared Margin rule.
  • Ability to negotiate, influence others, and maintain effective business relationships with functional partners
  • High degree of professionalism with the ability to effect change within an organization
  • Proven track record of owning and delivering on projects, initiatives, and/or programs
  • Proficient in the concepts of compliance risk identification, assessment, and management.
  • Business acumen, strong interpersonal and leadership skills.
  • Ability to work independently, take initiative and have good verbal and written communication skills.
  • Good analytical, research, organizational, and project management skills.
  • Strong individual contributor with the ability to work effectively as a team.
  • Microsoft office suite, including strong PowerPoint and presentation skills.

2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

Equal Employment Opportunity

Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

Posted: 2022-06-17 Expires: 2022-07-16
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Senior Compliance Manager (Remote)

Silicon Valley Bank
Minneapolis, MN 55415

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