AVP Compliance (Commodities business)
New York, NY | Direct Hire
AVP Compliance (Commodities Business)
The AVP will support the team head to manage the portfolio of the commodities business and monitor compliance risk. Main responsibilities will include compliance and quality control, portfolio management, collateral management and audit liaison.
The AVP will be responsible for BSA/AML related risk control and quality assurance, managing the documentation between the team and risk, managing the collateral and related reporting for transactions executed by the team and coordinating with the team to provide responses to queries from intern/external audits and examiners.
We are looking for someone with 6-8 years of working experience, of which at least 2-3 are in a compliance function and 1-2 years in a commodities/asset based lending environment. The ideal candidate should have business acumen and good communication skills, with demonstrated experience interacting with senior bank management. An understanding of financial markets is required as well as knowledge of US banking regulations including BSA/AML/OFAC. Knowledge of commodity markets, related financing structures and collateral management procedures highly desired.