Vice President, Regulatory Relations

Job information:

• Functional title – Vice President, Regulatory Relations
• Department – Regulatory Relations
• Corporate level – Vice President
• Report to – Director, Regulatory Relations
• Location – Iselin, NJ (Hybrid Onsite 2 days per week)
• Base pay / salary (New York) – $150,000 - $165,000 base salary + variable compensation + 401(k) match + benefits

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

• Bachelor’s Degree