The Group Compliance Monitoring Manager will assist the Global Head of Compliance Monitoring in building a centralized compliance monitoring function for regulated entities worldwide, prioritizing North America. This includes developing a risk-based compliance framework, managing annual risk assessments, and ensuring adherence to regulatory standards across jurisdictions.
Responsibilities
- Help design a risk-based compliance monitoring framework aligned with the size, structure, and regulatory licenses of each legal entity within the Group.
- Coordinate and provide support for annual risk assessments conducted by legal entities.
- Assist legal entities in creating their annual compliance monitoring plans.
- Collaborate with the Group Internal Audit team to align compliance monitoring and internal audit planning.
- Support the implementation of compliance monitoring programs related to money transmission and financial crime across legal entities.
- Assist management teams in identifying effective remediation actions in response to compliance review findings.
- Coordinate the finalization of findings and remediation plans for inclusion in reports to Executive Committee and Board levels.
- Prepare compliance monitoring reports and support their presentation at Board and Board sub-Committee meetings.
- Maintain a centralized register of all compliance remediation items and establish a process for tracking progress, including generating management information.
- Support the preparation of Group-level compliance reporting for Executive Committee and Board audiences.
Requirements
- Minimum of five years of professional experience in payments, electronic money, money services businesses, investment firms, or broker-dealer environments.
- Solid understanding of applicable regulations in the EU, UK, and US.
- Familiarity with second line of defense compliance monitoring responsibilities.
- Experience in compliance monitoring, quality assurance, or audit functions.
- Proven ability to write reports for Executive Committee and Board-level review.
- A relevant university degree is required.
Benefits
- Full-time permanent employment
- Hybrid work arrangement based in Providence with office presence Monday to Wednesday and remote work Thursday and Friday
- Annual salary range of $95,000 to $108,000
- Eligibility for a discretionary bonus
- Comprehensive benefits package
Compensation
95,000 - 108,000 USD per annum + discretionary bonus
Work Arrangement
hybrid — Providence — Monday-Wednesday in office, Thursday-Friday remote
Team
Reports to: Global Head of Compliance Monitoring
- Core values include energy, commitment, and collaboration, centered on shared success
- Driven to exceed customer expectations consistently
- Promotes a sense of belonging for all employees
- Supports a diverse and inclusive workplace
- Encourages empowerment through employee engagement programs and value champion networks
- Fosters an environment where individuals can be their authentic selves
Additional Information
- North American offices are located in Stamford, Orlando, Providence, and Toronto
- The company holds operating licenses in all 50 U.S. states
- In Canada, registered with FINTRAC at the federal level and provincially in Quebec
- This role is based in Providence, Rhode Island
- Committed to being an Equal Opportunity Employer
- Views fostering inclusivity as an ongoing process
- Uses regular assessments and employee feedback to enhance inclusivity initiatives
