Chief Compliance Officer - GE Capital Americas

Company Name:
Business GE Capital
Business Segment Capital - Americas
About Us GE Capital, Americas is a leading provider of equipment and inventory financing, capital for corporate acquisitions, refinancings and restructurings, and services to manage vehicle fleets and other equipment. With deep expertise spanning 40 industries, we deliver financing and services to mid-sized companies and dealers in the U.S., Canada and Latin America. For over 36 years, GE has been providing financial solutions for companies to run and grow their business. GE Capital,
Americas is headquartered in Norwalk, Connecticut, with 8,000 associates across 100 locations.
Posted Position Title Chief Compliance Officer - GE Capital Americas
Career Level Experienced
Function Regulatory and Compliance
Function Segment Functional Management
Location(s) Where Opening Is Available United States
U.S. State, China or Canada Provinces Connecticut
City Norwalk
Postal Code 06851-1056
Relocation Expenses Yes
Role Summary/Purpose GE offers a great work environment and challenging careers. GE is anEqual Opportunity Employerfor all, including minorities, women, protected veterans and disabled. The Chief Compliance Officer leads GE Capital's Compliance program within the GE Capital, Americas (GECA). The GE Capital Compliance program seeks to mitigate the risk of legal or regulatory sanctions, financial loss or damage to GE and GE Capital's reputation arising from non-compliance with applicable laws, rules, regulations and internal policies or from a failure to manage appropriately GE Capital's relationships with its regulators.
Essential Responsibilities The Business Unit Chief Compliance Officer functions as an independent and objective control function leader who partners with the business to manage compliance risks and build a better company. The Business Unit Chief Compliance Officer serves on the Senior Leadership Team of the GECA business, alongside the business leaders, CFO, General Counsel, CRO and other functional leaders (e.g. IT, Operations, HR).
The Business Unit Chief Compliance Officer also serves on the Senior Leadership Team of the GE Capital Compliance function, comprised of the Chief Compliance Officers for each of the GE Capital Business Units and the GE Capital Compliance Leaders for Financial Crime, Enterprise Compliance and Assurance. Business Unit Chief Compliance Officers report to the GE Capital Chief Compliance Officer.
The successful candidate will lead a team of approximately 140 compliance staff, including compliance leaders and compliance officers with responsibility for specific sub-businesses, financial crime, enterprise compliance and other areas. The business of GECA includes an insured depository institution, broker dealer and investment advisor.
The program is fully aligned with the expectations of compliance functions expressed by the Federal Reserve Bank of New York, the Basel Committee on Banking Supervision, other regulators, and with the GE Integrity Program.
Lead a cross-jurisdictional multi-cultural team in the development and efficient and effective implementation of GE Capital's Compliance program.
Drive engagement and compliance culture throughout the Business Unit, building effective relationships across the Business Unit Senior Leadership Team.
Lead and partner effectively across GE Capital's Compliance Senior Leadership team.
Lead, direct and ensure effective relationships with the GE Capital's regulators.
Timely report and escalate compliance issues on an ongoing basis to the Business Unit's CEO and GE Capital's Chief Compliance Officer, and others as required.
Recruit and develop qualified personnel for the Compliance function.
Lead and manage the Business Unit's compliance risk assessment processes, including the annual general and AML-specific risk assessments and GE's annual compliance review ("Session D").
Develop, obtain required approvals for and implement the Business Unit's Annual Compliance Plan.
Develop and improve the global compliance strategy by working with key corporate and business stakeholders and facilitate its execution with the global compliance leaders.
Lead or participate in audits and examinations by GE Capital Internal Audit and the firm's external regulators, and assure effective remediation of recommendations and findings relating to compliance issues.
Maintain a strong working relationship with business partners, other risk management functions and regulators.
Identify, communicate, and translate compliance best practices across GE businesses or external forums.
Qualifications/Requirements Basic Qualifications:
Bachelors' degree with combined 15+ years financial services regulatory, compliance, business, audit, or other relevant experience. (or high school diploma / GED and minimum of 19 years of the referenced experience)
Experience setting the vision for, leading and managing large teams comprised of diverse individuals
Demonstrated success influencing senior management and peer functions to act, crafting creative solutions and integrating multiple business objectives.
Experience interfacing successfully and effectively with prudential and other regulators, including success influencing them.
Experience establishing strategic direction and execution of a global program
Conversant in relevant compliance subject matter areas, including consumer and commercial banking, lending, leasing and deposit-taking; money laundering and terrorist financing prevention; economic sanctions; anti-bribery / anti-corruption; privacy, data protection and insider trading; M&A and ethics programs.
Proven management and process skills.
Eligibility Qualifications:
Must submit your application for employment through to be considered (Internals via COS)
Must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
Must be willing to work out of an office in Norwalk, CT
Must be willing to travel up to 30% of the time
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening
Additional Eligibility Qualifications GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.
Desired Characteristics
MBA and/or JD from an accredited law school.
Banking / regulated entity / depository institution regulatory or compliance leadership experience.
Executive presence and proven track record providing strategic leadership of a global compliance program
Proven ability to build strong relationships and lead large groups effectively.
Successful track record maintaining good working relationships with regulators.
Proven ability to identify, solve and prevent regulatory issues.
Ability to juggle and successfully address competing high priority matters.
Excellent oral and written communication skills.
Strong interpersonal skills.
Detail oriented and well organized.
Ability to lead by example and demonstrate GE values.

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