Legal & Regulatory Change Management – Executive Director

Are you prepared to make a significant impact? Join our Legal & Regulatory Change Management (LRCM) team as an Executive Director.

The LRCM function is critical to ensuring that the business complies with regulatory changes introduced.  This role will manage a team that supports the Asset Management (AM) business to capture, review, monitor, and report regulatory changes.  This involves identifying regulatory changes via horizon scanning processes and the Office of Legal Obligations (OLO).  Regulatory changes are then reviewed for relevance and applicability to the AM business globally followed by a business assessment process to measure the level of change required to systems, operating processes, and procedures.  

As the Executive Director, Legal & Regulatory Change Management in AM Operations, you will be responsible for the regulatory change process to be reviewed and governed by forums to gain consensus on scope and materiality of regulatory change.  This role will also partner with the head of Regulatory Governance to develop and enhance the strategic vison of AWM’s LRCM framework. This includes representing AWM in Firmwide discussions and working groups that collaborate with other LOBs and corporate functions to enhance the end to end LRCM process and infrastructure.

Job Responsibilities:

• Lead and manage the AM LRCM team providing strategic direction and oversight of the processes where regulatory changes are identified, assessed, and implemented.
• Monitor and analyze regulatory developments and trends that impact the AM business.
• Facilitate forums and meetings with Business, Legal, Compliance, and Control stakeholders to discuss regulatory events and determine process impacts.
• Develop and implement a comprehensive regulatory change management strategy that aligns with business objectives and complies with the Firmwide standards.
• Collaborate with senior leadership to identify and prioritize regulatory risks and opportunities.
• Build and maintain strong relationships with internal stakeholders both in AWM as well as cross LOB and corporate functions.
• Identify opportunities to enhance regulatory processes and controls, leveraging technology and data analytics.
• Mentor and develop team members, fostering a culture of excellence and continuous learning.

Required qualifications, capabilities, and skills:

• Bachelor’s degree and 10 years of related banking experience, within Compliance, Risk, Control or working in Legal/Regulatory Risk mitigation in some capacity.
• Ability to understand and interpret legal documents and operational procedures.
• Proactive approach to problem-solving, with determination to follow through on tasks/issues.
• Strong communication and interpersonal skills; ability to build consensus and work effectively in a team environment.
• Ability to articulate complex issues concisely and communicate effectively at all levels.
• Flexibility to handle multiple tasks, changing priorities, and monitor tight deadlines or unexpected requirement changes.
• Ability to question the efficiency and effectiveness of existing departmental systems/processes and suggest alternative approaches for continual improvement.
• Proven track record of leadership and team management in a complex, fast-paced environment.