The Chief Compliance Officer is responsible for ensuring that Stevens is upholding best practices and complying with all regulatory requirements and related internal policies, practices, and procedures. The Chief Compliance Officer is responsible for analyzing and assessing compliance risks and stewarding effective compliance strategies, structures, and processes and for establishing standards and implementing procedures to ensure that the compliance programs at all levels of the organization are effective and efficient in identifying, preventing, detecting, and correcting noncompliance with applicable laws, regulations, and rules.
The Chief Compliance Officer must provide a high level of assurance to the University’s Board of Trustees, President’s Cabinet, and other campus leaders that there are adequate and effective policies and procedures in place to ensure compliance with all regulatory requirements and that they are well understood by the campus community.
The Chief Compliance Officer position reports administratively to the Chief Financial Officer, Vice President for Finance and Treasurer and functionally to the Audit and Risk Committee of the Board of Trustees. The Chief Compliance Officer has oversight responsibility for compliance personnel across campus. In addition, the Chief Compliance Officer interfaces regularly with the Senior Vice President for Academic Affairs and Provost, General Counsel, and other senior officers of the University.
Responsibilities and Essential Functions
- Develops and implements mechanisms to measure, monitor and continuously strengthen the University’s compliance program, including working with all campus leaders, particularly those with compliance ownership responsibilities; develops policies and procedures that promote compliance with relevant federal and state laws and regulations; develops compliance plans; and ensures that the University’s electronic compliance calendar is reviewed, updated, and managed on an ongoing basis.
- In coordination with the General Counsel, reviews and approves all new and revised policies and ensures that policies are reviewed and updated timely to reflect changes in relevant law.
- Supports the University’s status as a Federal Contractor and compliance with all applicable regulations and requirements.
- Proactively identifies potential areas of compliance risk and vulnerability and develops and implements corrective action plans for resolution of issues and provides guidance on methods of avoiding recurrence.
- Responds to alleged violations of rules, regulations, policies, procedures, and standards of conduct by coordinating with the Office of General Counsel in conducting appropriate investigations.
- In coordination with other University offices, oversees training of employees on compliance topics, including organizing and/or creating and delivering trainings, including new employee orientations, and monitoring training completion rates, and escalates non-compliance, as appropriate.
- Co-chairs the University’s Risk & Compliance Steering Committee (along with the Chief Risk Officer); organizes regular ongoing briefings to the Risk & Compliance Steering Committee by key compliance owners; and ensures that the Risk & Compliance Steering Committee serves as an independent review and evaluation body to ensure that compliance issues and concerns within the University are being appropriately evaluated, investigated, and resolved in a timely manner.
- Reports regularly to the Audit and Risk Committee on compliance matters, including the preparation and presentation of an annual report with a comprehensive view of all key compliance activities, risks, and ongoing projects. Serves as the primary drafter of minutes for the Audit and Risk Committee meetings.
- Manages the University’s Compliance Hotline and works with an outside vendor to obtain information on reports. Conducts follow-up with university leaders to resolve any allegations and questions.
- Bachelor’s degree with Juris Doctor or relevant master’s degree
- Minimum 7-10 years in compliance field with knowledge of higher education compliance
- Demonstrated supervisory and management experience
- Self-starter who is highly motivated and well organized
- Outstanding analytical and critical thinking skills
- Exceptional judgment and discretion
- Excellent writing and communication skills
Division of Finance
General Submission Guidelines:
In order to be considered a candidate for any job at Stevens, you must submit an online application. Please attach a cover letter and resume with each application. Other requirements for consideration may depend on the job.
Still Have Questions?
If you have any questions regarding your application, please contact Jobs@Stevens.edu
Stevens Institute of Technology is an Equal Opportunity Employer. Accordingly, Stevens adheres to an employment policy that prohibits discriminatory practices or harassment against candidates or employees based on legally impermissible factor(s) including, but not necessarily limited to, race, color, religion, creed, sex, national origin, nationality, citizenship status, age, ancestry, marital or domestic partnership or civil union status, familial status, affectional or sexual orientation, gender identity or expression, atypical cellular or blood trait, genetic information, pregnancy or pregnancy-related medical conditions, disability, or any protected military or veteran status.
Stevens is building a diverse faculty, staff and student body and strongly encourages applications from female and minority candidates as well as veterans and individuals with disabilities. Stevens is a federal contractor under the Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA) and the Rehabilitation Act of 1973, as well as other federal statutes.
Jeanne Clery Disclosure:
In accordance with the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act (Clery Act), the Department of Public Safety is required to publish an annual security report which includes statistics mandated by the Clery Act. You can obtain a copy of this report by accessing the following web site: http://www.stevens.edu/sit/police