Develops, initiates, maintains, and revises policies and compliance assurance procedures for the general operation of the Compliance Program. Manages day-to-day operation of the ITRO Program
Acts as an independent review and evaluation body to ensure that compliance Issues/concerns within the organization are being appropriately evaluated, investigated and resolved
Conduct periodic IT Audits
Monitors, and as necessary, coordinates compliance activities of other departments to remain
abreast of the status of all compliance activities and to identify trends
Identifies potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues, and provides general guidance on how to avoid or deal with similar situations in the future. Risks should be identified, assessed and monitored on an ongoing firm-wide and individual entity basis
Provides reports on a regular basis, and as directed or requested, to keep the Account Stake holders and senior management informed of the operation and progress of compliance efforts