Vice President, Compliance Quality Assurance

Risk | Compliance Quality Assurance | Vice President, Compliance QA | New York

About ING: 

In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. 

 
When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

The ideal candidate will have 5-7 years of experience in compliance testing or internal audit at a Foreign Banking Organization regulated by the Federal Reserve and NY Department of Financial Services. The individual will be responsible for the execution of a comprehensive CQA program, ensuring adherence to regulatory requirements and internal policies across all business lines. This role requires strategic thinking, knowledge of control frameworks, and the ability to partner with stakeholders throughout the organization.

About the department:

ING is seeking a skilled Vice President of Compliance Quality Assurance (CQA) to assist in the execution of the Firm’s Quality Assurance program within the Compliance organization.

Responsibilities:

Quality Assurance Leadership:

• Oversee all phases of QA Testing reviews – planning, fieldwork & reporting.
• Develop and refine the QA methodology and framework, incorporating best practices and evolving regulatory requirements.
• Promote a culture of quality assurance and continuous improvement across the organization.

Compliance Testing:

• Develop and execute comprehensive monitoring and testing scripts and plans for the QA function.
• Oversee the monitoring and testing of the design and effectiveness of policies, procedures, and controls in accordance with regulatory and internal obligations.
• Document workpapers in accordance with the established CQA methodology.

Reporting and Remediation:

• Oversee the communication of potential findings to local senior management and other stakeholders; formalize corrective actions as needed.
• Oversee drafting QA reports and track the remediation of findings to ensure timely resolution and adequate quality of remediation.
• Advise senior management on emerging trends, risks, and opportunities identified through QA activities.

Qualifications and Competencies

• Bachelor’s degree required
• Certified Internal Auditor (CIA), Certified Anti-Money Laundering Specialist (CAMS) or other relevant certifications a plus.
• Minimum 5-7 years of compliance testing or internal audit experience.
• Testing experience in Broker Dealer and Foreign Bank Branch regulated environments
• Strong knowledge of FRB and NYDFS regulations.  Working knowledge of FINRA and SEC regulations.
• Proficiency with automated workpaper and issue management software solutions.
• Excellent interpersonal and communication skills.
• Ability to work independently and exercise discretion in developing solutions.

Salary Range: $146,000-198,000

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.