Regulatory Compliance Lead – Banking & Derivatives (Hybrid)

Ampcus, Inc; New York (NY); Hybrid; USD 110,000 - 150,000; Part time

Job summary

Ampcus Inc. is seeking a highly experienced Regulatory Compliance Specialist to serve as an independent second-line compliance resource for U.S. banking operations.

The consultant will lead local compliance risk assessments, develop risk-based plans, execute testing, monitor KRIs, and prepare quarterly risk reports. The role emphasizes certifying applicable U.S. regulatory requirements to international operations, with SEC and CFTC focus, extraterritorial considerations, and strong experience in

Qualifications

• Significant hands-on compliance experience in a U.S. banking or broker-dealer environment.
• Experience with foreign banking organization branches or agencies is highly desirable.
• Strong knowledge of U.S. regulatory requirements, including BSA/AML, OFAC sanctions, SEC, CFTC, and applicable banking supervisory expectations.
• Understanding of securities and derivatives regulations, including their extraterritorial application to non-U.S. entities.
• Proven experience designing and executing second-line compliance testing.
• Experience assessing control design and operating effectiveness, documenting findings, assigning severity ratings, and overseeing remediation.
• Demonstrated expertise in compliance risk assessments using inherent risk, control effectiveness, and residual risk methodologies.
• Experience developing risk-based compliance plans and prioritizing monitoring activities.
• Experience defining, monitoring, and escalating key risk indicators.
• Proven ability to prepare quarterly or senior-management-level compliance risk reports using prescribed templates.
• Ability to operate independently from the first line and challenge the work of external specialists.
• Excellent written English and strong documentation and reporting skills.

Responsibilities

• Develop and maintain an annual risk-based Compliance Plan.
• Conduct local compliance risk assessments covering Conduct Risk and Financial Crime Risk.
• Assess inherent risk, evaluate control effectiveness, and determine residual risk.
• Use established risk and control libraries to identify control gaps and prioritize compliance activities.
• Document risk assessment conclusions and recommend compliance monitoring and testing activities based on residual risk.
• Coordinate with Group Compliance to align local assessments and quarterly risk reporting.
• Update the compliance plan when material risks emerge.
• Perform independent second-line compliance testing to assess the design and operating effectiveness of key controls.
• Scope and execute testing based on identified risks, control objectives, and compliance requirements.
• Document testing results, assess findings by severity, and develop remediation plans with relevant stakeholders.
• Conduct or coordinate model validation where applicable, engaging qualified external specialists when required.
• Independently review and challenge testing or validation performed by external specialists.
• Report testing outcomes, control deficiencies, and remediation progress to relevant stakeholders.
• Independently assess the applicability of U.S. regulatory requirements, obligations, and exemptions relevant to international operations.
• Evaluate regulatory requirements and extraterritorial considerations affecting securities and derivatives activities.
• Demonstrate knowledge of SEC, CFTC, BSA/AML, OFAC, and applicable federal and state banking regulations.
• Oversee first-line processes for identifying, assessing, and implementing applicable U.S. regulatory requirements.
• Monitor regulatory developments, emerging risks, implementation status, and identified compliance gaps.
• Provide structured updates and regulatory intelligence to Group Compliance.
• Certify the applicable U.S. regulatory requirements and exemptions relevant to the organization's international operations.
• Assess KRIs and maintain quarterly data, coordinate with first-line stakeholders.
• Prepare quarterly compliance risk reports covering Financial Crime Risk, Conduct Risk, and Regulatory Compliance Risk.
• Monitor open and overdue findings, severity classifications, and remediation status.
• Analyze KRI trends, threshold breaches, root causes, and potential systemic weaknesses.
• Provide ad hoc compliance advice and support as needed.

Skills

Regulatory compliance

Banking operations

Second-line testing

Risk assessments

Regulatory reporting

Model validation coordination

English writing

Education

CAMS or CRCM certification

Job description

Ampcus Inc. is seeking a highly experienced Regulatory Compliance Specialist to serve as an independent second-line compliance resource for U.S. banking operations.

The consultant will lead local compliance risk assessments, develop risk-based plans, execute testing, monitor KRIs, and prepare quarterly risk reports. The role emphasizes certifying applicable U.S. regulatory requirements to international operations, with SEC and CFTC focus, extraterritorial considerations, and strong experience in