Job information:
- Functional title - Vice President, Regulatory Relations
- Department - Regulatory Relations
- Corporate level - Vice President
- Report to - Director, Regulatory Relations
- Location - New York
- Base pay / salary (New York) - up to 170K USD
What you will be doing:
- Support CLS's engagement with the FRBNY Supervisory teams for all ongoing supervisory activities, the FRB for Regulation HH activities, and the Oversight Committee and the OC Secretariat at the FRBNY.
- Manage and participate in: (1) end-to-end Supervisory examinations and on - site reviews; (2) Remediation of supervisory findings, including response and closure; (3) Regulation HH and Y filings; (4) Continuous Monitoring meetings; (5) OC and FRB workshops;
- Collaborate with three lines of defense to ensure their involvement in the review process
- Manage the reporting of KPIs and creation of consolidated decks to the Board and senior management and collaborate with stakeholders to amend and develop new reporting as needed
- Lead / contribute to the risk and controls testing for Regulatory Relations.
What we're looking for:
- Minimum 7 years of experience in regulatory or legal departments within the financial services industry; J.D. optional.
- Strong communication skills with internal and external stakeholders including liaising with regulators and across senior leadership.
- 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 subject to regulatory scrutiny and a 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
- Familiar with 3LOD framework, including risk and control testing
Professional qualifications / certifications
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.
