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Job Ref: 15124
Salary: $200000 – $275000
Compliance Officer / Head of Compliance
New York Branch of foreign bank
Role Summary
The Compliance Officer serves as the senior Compliance lead for the New York Branch, responsible for overseeing AML/BSA, sanctions, fraud prevention, and regulatory compliance. The role is accountable for mitigating regulatory, compliance, and reputational risk and acts as the primary Compliance liaison with Head Office and U.S. regulators.
The position carries formal authority to escalate compliance matters to the Group Head of Compliance and, where required, to Executive Management.
Key Responsibilities
AML, Sanctions & Financial Crime
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Lead the branch AML/BSA and fraud prevention program, including transaction monitoring and SAR reporting
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Enhance and maintain the Compliance Plan and Corporate Compliance Program
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Oversee sanctions compliance and regulatory reporting obligations
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Deliver Compliance training to management and staff
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Coordinate with Head Office on home-country and extra-territorial regulatory requirements
Regulatory Compliance & Examinations
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Ensure ongoing compliance with all applicable U.S. laws and regulations
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Interpret regulatory requirements and support implementation of new or revised rules
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Serve as primary contact for auditors and regulators during exams and inquiries
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Maintain local Compliance policies, procedures, and documentation
Governance & Leadership
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Act as the local Head of Compliance and trusted advisor to branch management
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Communicate Compliance issues to Head Office and local leadership, including urgent escalations
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Prepare regular and ad-hoc Compliance reports for senior management and regulators
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Collaborate with Compliance teams across other branches and Head Office
Additional Oversight
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Support conflicts-of-interest and capital markets Compliance, as applicable
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Monitor regulatory filings and Compliance systems to ensure accuracy and timeliness
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