Compliance Specialist

Our client is an International Bank based in Miami. They are looking for a Compliance Specialist to join their team in a long-term consulting capacity. Fluency in Spanish is required.

Position Summary: We are seeking a detail-oriented and proactive Compliance Specialist to join our team. The ideal candidate will be the front line of the Compliance function, responsible for identifying, implementing controls, assessing, and mitigating risks to ensure compliance with regulatory requirements. The ideal candidate will have substantial prior governance, risk, or compliance experience at a regulated entity within financial services.

Key Responsibilities:

• First Line Advisory: Provide compliance advice to the business teams on general compliance matters, keeping a pulse on emerging issues within the organization and elevating as appropriate
• Compliance Testing: Lead the bank's compliance testing program, ensuring compliance with SEC regulations, internal policies, and Holding level requirements
• Risk Assessment: Assist CCO in conducting annual risk assessments to identify potential risks within the bank and related operational improvements. Ensure that operation controls are in place for all key processes and that any control weaknesses are appropriately addressed and escalated.
• Policy Maintenance and Development: Define and implement compliance policies and monitoring processes and controls.
• Training and Education: Provide training and education to employees on fiduciary responsibilities and best practices
• Marketing Reviews: Conduct reviews of marketing materials produced by sales/investments teams
• Incident Management: Investigate and respond compliance violations, risk incidents, including reporting to the CCO for further action as necessary
• Regulatory Support/Audit: Serve as the primary point of contact for regulatory inquiries related to fiduciary matters
• Continuous Improvement: Continuously review and improve fiduciary risk management processes and controls
• Stakeholder Management: Support Compliance team in managing internal and external stakeholders
• Audit: Support the Compliance function in responding their tasks as required by business needs

Qualifications:

• Bachelor's degree in Finance, Government, Finance, or equivalent work-related experience. Graduate degrees are a plus.
• 5 years of experience in risk management, compliance, or a similar role within the financial services industry. Broker-dealer or RIA experience preferred.
• Previous experience with the “NetX 360” platform preferred
• Strong understanding of SEC regulations and compliance obligations applicable to an RIA.
• Detailed knowledge and understanding of financial markets and complex products (structured notes, ETFs, UCITS, etc.)
• Proficient in investment suitability standards, quantitative analysis, and data management.
• Strong communication and interpersonal skills.
• Good stakeholder management and presentation skills.
• Bilingual English - Spanish