Position Objective:
The objective of this role is to support the execution of regulatory interactions across Risk Management, to ensure the organization is responsive, agile, and well-prepared for unique and demanding regulatory requests. The position will require project management and stakeholder engagement to ensure that regulatory interactions are thoughtful, comprehensive, and culminate in consistent messaging. In addition, there is opportunity to provide Senior Management with themes that emerge from the feedback received through these points of regulatory contact.
Team Overview:
Oversee and coordinate regulatory examinations and reviews to ensure the Risk organization proactively addresses regulatory requests and concerns.
Manage regulatory interactions, including recurring liaison meetings and ad hoc information requests, to strengthen regulatory relations from an Independent Risk Management perspective.
Produce thematic summaries to Senior Management on regulatory interactions and developments to provide insight and advice.
Conduct exam readiness assessments to ensure the organization proactively self-identifies issues and documentation is ready for submission.
Support the development of appropriate and comprehensive responses and remediation plans when regulatory issues and concerns are identified.
Work closely with partners in other Businesses and Functions, to ensure consistent and clear communications to regulators.
Key Responsibilities:
Manage complex regulatory interactions, including in-depth regulatory exams and ad-hoc requests related to Market Risk and Banking and International Risk organizations.
Establish effective working relationships and partner with key stakeholders and subject matter experts across relevant risk segments to ensure a more integrated approach to regulatory relations.
Support proactive communication strategies with regulators and provide advice to senior management on the best approach to regulatory interactions with guidance on best-in-class presentations, materials and other submissions provided to regulators.
Synthesize regulatory feedback and key thematic findings to Senior Management, the CRO and key stakeholders to drive awareness of and help anticipate regulatory concerns.
Review and provide quality assurance of risk management deliverables submitted to regulators.
Support and advise more junior Regulatory Coordinators in the execution of administrative requirements for regulatory exams and interactions.
Assist in high priority regulatory ad hoc projects across their lifecycle by identifying and structuring problems, analyzing root causes, developing solutions, communicating project results, and obtaining buy-in for change
Qualifications:
10+ years of experience in the Financial Services industry, preferably in a regulatory-facing role that requires superior problem solving and excellent oral/written communication skills (Regulatory, Risk, Internal Audit or Compliance background a plus)
Experience in Market Risk Management is preferred. Working knowledge in a broad range of Risk Management disciplines, including credit risk, liquidity risk, operational risk, strategic risk and/or capital markets.
Business, Management, or analytical background (Master’s degree in Business/Finance, or relevant discipline preferred; Bachelor’s degree with analytic focus, e.g. business, finance, economics, etc.)
Excellent influencing, facilitation, and partnering skills. Ability to build strong internal and external networks
Exceptional writing skills, with ability to synthesize complex concepts and translate into effective presentations to external regulators and Senior Executives.
Experience working at a banking regulatory agency, such as the Federal Reserve, OCC, and FDIC.
Strong attention to detail, willingness to "roll up sleeves"; ability to work under pressure and tireless work ethic
Autonomous and highly motivated with the ability to multi-task productively and to work independently as well as collaboratively
Experienced in project management with excellent organizational, follow-up and time management skills
Proficient in MS Office applications (Excel, Word, PowerPoint)
Experience in regulatory and Internal Audit interaction, exam management/coordination, and issue management/resolution
Anticipated Posting Close Date:
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