Full Job Description
Job information:
- Functional title - Director, Regulatory Relations
- Department - Regulatory Relations
- Corporate level - Director
- Report to - Head of Regulatory Relations
- Location - NJ
- Base pay / salary (NY/NJ) - 184K-195K Base salary
What you will be doing:
- Lead CLS's engagement with the FRBNY Supervisory teams for ongoing supervisory activities, the FRB for Regulation HH activities, and the Oversight Committee and the OC Secretariat at the FRBNY.
- Manage end to end supervisory examinations, including reg engagement and response / update letters for any required remediation
- Manage and lead end-to-end the Reg HH ANPC filings process, including the filing and on-site reviews and advising on the process and imparting subject matter knowledge. If needed, Reg Y filings would be managed similarly to the ANPC process.
- Manage BAU engagement with the regulators, including OC workshops/deep dives, continuous monitoring meetings, submissions and deliverables
- Collaborate with the three lines of defense and ensure they are involved and engaged, as appropriate.
- Continuously looking for ways to improve efficiency and manage regulatory risk
- Lead / contribute to the risk and controls testing for Regulatory Relations.
What we're looking for:
- Minimum 10 years of experience in regulatory or legal departments within the financial services industry; J.D. strongly preferred.
- Leadership skills in being able to organize and manage large stakeholder pools and meeting tight deadlines
- Strong communication skills with internal and external stakeholders including liaising with the regulators
- Acute attention to detail and ability to manage high volume of information and high execution mode of an environment.
- Able to work at a DFMU with regulatory scrutiny and fast paced environment
- Ability to maintain strict confidentiality and be professional upholding high ethical standards
- Subject matter expert in regulatory matters and can develop relationships to be able to provide sound advice to the business divisions
- Results oriented and ensures timely delivery and execution
- Organized self-starter who can work independently and collaboratively in a team
Professional qualifications / certifications
- Bachelor's Degree
- Juris Doctor (Strongly preferred)
Our commitment to employees:
At CLS, we celebrate inclusion and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:
- Holiday - UK/Asia: 25 holiday days and 3 'life days' (in addition to bank holidays). US: 23 holiday days.
- 2 paid volunteer days so that you can actively support causes within your community that are important to you.
- Generous parental leave policies to ensure you can enjoy valuable time with your family.
- Parental transition coaching programmes and support services.
- Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
- Employee Networks (including our Women's Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about inclusivity.
- Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don't.
- Active support of flexible working for all employees where possible.
- Monthly 'Heads Down Days' with no meetings across the whole company.
- Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
- Private medical insurance and dental coverage.
- Social events that give you opportunities to meet new people and broaden your network across the organisation.
- Annual flu vaccinations.
- Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
- Discounted Gym membership - Complete Body Gym Discount/Sweat equity program for US employees.
- All employees have access to Discover - our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
- Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.