Lead the day-to-day implementation of a RegTech vendor solution to optimize and scale the regulatory change management program
Interact with the vendor contacts on a daily basis to research and resolve production issues, perform root cause analysis and collectively determine solutions and next steps
Manage the implementation plan, including related risks and dependencies, and proactively address roadblocks escalating, as necessary
Serve as the primary contact for stakeholders across the lines of defense on implementation
Analyze existing processes in place to support the regulatory change management program and identify gaps and improvement opportunities, which may include revising business requirements to enhance system functionality, control development and/or procedural changes
Develop and maintain procedures, guidance and job aids to support execution of the regulatory change management program
Embed oversight and monitoring controls within the processes supporting the regulatory change management program
Create and deliver training to stakeholders across the lines of defense on the RegTech vendor solution and accompanying program changes
Coordinate with the firm’s risk assessment program teams (Risk and Control Self-Assessment, Compliance Risk Assessment) to support input of regulatory changes into these assessments
Develop and implement key metrics to monitor execution of the regulatory change management program
Prepare periodic reporting for senior management and governance bodies on implementation progress and regulatory changes
Act as a champion for change fostering collaboration and ensuring stakeholder buy-in
Requirements
Bachelor’s degree or equivalent
Minimum of 10+ years’ work experience in compliance, risk or legal within the financial services sector (large bank experience a plus)
Minimum of 5+ years direct work experience with designing and/or executing regulatory change management programs
Experience with RegTech vendor providers
Sound understanding of Federal Reserve SR 08-8
Ability to work with team members and stakeholders across the all regions. This will include some meetings and calls at early or late times as necessary.
Benefits
Retirement savings plan (401K) with company match
Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
Access to Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
Eligibility for certain tax advantaged savings plans
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
regulatory change managementroot cause analysisrisk assessmentprocess analysismetrics developmentprocedure developmenttraining deliverystakeholder managementcontrol development