Compliance Manager at Silicon Valley Bank in Sherman Oaks, California

Job Description:

OVERVIEW
The Cayman Compliance Manager will assist in providing advisory guidance to the SVB Cayman Branch and SVB Capital "Cayman Funds" on regulatory requirements, emerging regulatory risks, and regulatory considerations with respect to the Cayman regulations. The candidate will be responsible for researching and staying current on Cayman regulatory changes and industry practices in order to support the business lines situation and needs. A successful Cayman Compliance Manager is someone who can demonstrate a desire and willingness to build the necessary knowledge and collaborate with others, has strong interpersonal skills and the ability to deal with ambiguity and change. Most importantly, being optimistic when faced with complex situation and a drive to solve issues.

PRIMARY RESPONSIBILITIES
1. Serve as a credible business partner to the 1st LOD business teams and leaders, providing advisory guidance for applicable laws and regulations impacting the Cayman Branch and Cayman Funds.
2. Assist in the review and assessment of regulatory changes and communicate, verbal and written, understanding to business partners, including any required action.
3. Assist with development and maintenance of Cayman Compliance Program documents, including quarterly program reporting, policies, procedures, inventory of applicable regulations, risk registers, training and presentation materials.
4. Support the creation and implementation of a strategic plan for the Cayman Compliance program
5. Assist with executing the annual Cayman Risk Assessments (AML Program and Regulations), which includes coordinating with 1st LOD stakeholders, analyzing appropriate datasets and evaluating related risks and controls.
6. Collaborates with other functional areas or organizations, e.g., IT/Cyber Security, Business Continuity Management, Data Governance, Financial Crimes Risk Management, to ensure Cayman requirements are accounted for and addressed in the relevant policies/standards.
7. As needed, provide SME support to the Compliance Monitoring & Testing (CMT) for Cayman requirements
8. Provide assistance for Cayman related regulatory inquiries and examinations.