Compliance Escalation And Incident Reporting Senior Vice President

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Compliance Escalation and Incident Reporting Senior Vice President
Duties: Designing, developing, delivering and maintaining best-in-class Compliance, programs, policies and practices for ICRM, Specifically, assist leadership in: Escalations and Issue Reporting: Develop and maintain, together with relevant stakeholders, an escalation governance and oversight framework to comply with regulatory expectations of aggregation and reporting of compliance risk incident escalations enterprise-wide to senior management, the Board of Directors, and Compliance Assurance. Facilitate and/or participate in key working sessions related to escalation policies and revisions and incident escalation and issue reporting; Review and provide input on firm escalation policies; Review stakeholder communications and reporting for input and potential enhancements; Lead a team responsible for the central management of incident escalation and issue reporting; Oversee the process of ICRM receipt of compliance risk management incidents and issues, and tracking them to resolution, including the analysis of incidents and issues for purpose of developing trend information. Work with Businesses (front office and control functions) and Functions to understand Incident and Issue trends. Partner with Businesses, Functions, ICRM, and Technology to enhance Incident and Issue escalation and reporting tools and processes, as necessary. Coordinate with ICRM Compliance Assurance with respect to Incidents and Issues and trend information. Oversee the process for responding to stakeholder inquiries related to Incident Escalation and Issue Reporting; Lead Escalation Policy communication and training needs. Translating ICRM strategy and goals across Company’s clients, products and geographies in a succinct and clear manner; provide direction and guidance on the programs. Serves as a subject matter expert on Company’s Compliance programs. Providing oversight and guidance over the assessment of complex issues, structuring potential solutions and driving effective resolution with other stakeholders. Identifying and assessing Company’s key compliance risks. Ensuring compliance risks within Company are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite statement and all policies and processes established within the risk governance framework. Monitoring adherence to Company’s Compliance Risk Policies and measuring compliance risk through a robust control framework and ensuring that reviews are conducted consistently across each entity on a regular basis to confirm that controls identified are operating effectively. Performing complex analyses of comparative data, preparing and presenting regional and global reports related to compliance risk assessments, and monitoring of compliance related issues. Partnering, collaborating and working with other areas within Company, as necessary. Keeping abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas. Additional duties as assigned.

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