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Compliance Manager (Hybrid)

Company: Silicon Valley Bank
Location: Santa Clara
Posted on: November 20, 2022

Job Description:

BE PART OF A BANK LIKE NO OTHER.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:This position is within the Compliance Advisory team which is responsible for developing, implementing, and overseeing the enterprise-wide regulatory compliance programs. It includes activities related to policy development, regulatory interpretations, regulatory change management, regulatory or program risk assessments, identify or evaluate compliance risks and internal controls, business advisory, training, governance, and oversight.Reporting to the Director, Compliance, the Compliance Manager will be responsible for providing governance, oversight, review, and challenge to key business units while ensuring ongoing compliance with the key applicable banking laws and regulations such as branching laws, Anti-bribery and Corruption, Bank Services Company Act, California Financing Law (CFL), Federal Election Campaign Act (FECA), Unlawful Internet Gambling Enforcement Act (Reg GG) and other related banking laws and regulations. In this role, you will support the execution of regulatory compliance programs and initiatives. You will collaborate closely with teams across the organization to help identify, assess, monitor, and report on regulatory compliance risks and controls to mitigate risks. You will stay current with developments in the regulatory space and lead transformational regulatory change in a strategic manner.You will be responsible for the performing the following:

  • Compliance Policies: Assist in the development and maintenance of compliance policies by understanding the regulation, analysis of regulatory changes, and various business changes. Utilize your judgement in providing guidance in the implementation of the policies when working within the Business Units.
  • Advisory Guidance: Utilize your expertise in helping the Business Units in understanding laws and regulations and the compliance policies that apply to the business units. Represent compliance through participation in various business unit and first line of defense meetings to provide second line of defense perspective, input, or review and challenge. Work with the assigned Business Units in helping them understand and implement the regulatory changes that impact the Business Unit's processes, products, services, or clients.
  • Regulatory Changes: Identify, assess, and conduct an analysis of changes in regulations and document those in the compliance policies and procedures. Work with the assigned Business Units in helping them understand and implement the regulatory changes that impact the Business Unit's processes, products, services, or clients.
  • Compliance Metrics: Develop metrics and key risk indicators that assist in monitoring compliance with regulatory requirements.
  • Risk Assessments: Assist in the design and governance of risk assessments to ensure compliance risks associated with banking regulations are adequately identified and addressed.
  • Escalations: Manage escalations from business units on heightened risks.
  • Compliance Issues Management: Provide support to Business Units in resolving compliance issues raised by Compliance Monitoring and Testing, Internal Audit or Regulators.
  • Compliance Training: Assist in the design and administration of compliance training to the applicable business units and employees to ensure they are aware of the key compliance risks and steps they can take to mitigate those risks.
  • Governance Activities: Perform various governance, oversight, and monitoring and review activities in accordance with established Corporate Compliance policies. Monitor against key risks, escalate significant issues, review audit reports, and develop management and committee reporting.
  • Change Management: Provide support in managing compliance risks associated with changes within the organization, such as new products, new services, channels, etc.
  • Other Compliance Advisory Activities: Assist in various compliance projects and processes that support the compliance advisory.
    Base Pay:$104,941.00 - $149,182.00Actual starting base pay will be determined on skills, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, benefits, and/or other perks, as outlined in any formal offer made.SVB benefit programs are designed to meet our employees where they are in life. SVBers may enroll in core benefits programs, plus take advantage of customized perks and offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here. 2022 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 OpportunitySilicon 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 UK Limited is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). Silicon Valley Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146). Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

Keywords: Silicon Valley Bank, Santa Clara , Compliance Manager (Hybrid), Executive , Santa Clara, California

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