What are the responsibilities and job description for the Regulatory Change Management Officer position at Phyton Talent Advisors?
Our client, a Financial Services Firm, is seeking a Regulatory Change Management Officer in their Jersey City, NJ location:
The Regulatory Change Management Officer role works with departments across the company to coordinate Regulatory Change Management Group matters. As a member of the Regulatory Change Management team, the Regulatory Change Management Officer will work in the capacity of a subject matter expert who will be responsible for identifying, analyzing, and overseeing the timely implementation of new or changes to existing laws, rules, regulations or material regulatory guidance (regulatory changes). Their primary duties include covering applicability analysis, preliminary impact assessment, routing, action plan tracking, policy and procedure maintenance, and drafting a weekly digest of laws, rules, and regulations. They would also participate in the preparation of key metrics to evaluate the health and governance of RCM initiative. They will have significant exposure and correspondence with the stakeholder SMEs across the bank and will report to the Director of Regulatory Change Management.
Qualifications and Skills:
- Bachelor’s degree or equivalent required. Graduate business degree or J.D. Degree preferred.
- Former regulator, compliance, and/or attorney/legal background. Established relationships with industry and regulators preferred.
- Comprehensive knowledge of regulatory environment, including demonstrated knowledge of federal and state banking laws and regulations (e.g., Federal Reserve Bank, NYDFS, FDIC, OCC, CFTC, NFA, FINRA, SEC, MSRB).
- Experience working with regulators, specialized regulatory consulting firms or law firms.
- Experience in analyzing and interpreting laws, rules, regulations and regulatory guidance related to bank holding companies and foreign banking organizations in the US, as well as their related business impacts.
- Understanding of large and complex financial institutions, and their functions, including Risk Management, Compliance, Legal and Operations.
- Strong organization and time management skills, with attention to detail.
- Proven track record of managing high priority items in high pressure environments.
- Advanced project management skills (including identification, tracking, reporting and analysis) experience in leading and program managing end-to end regulatory change management programs.
- Excellent communication, analytical and writing skills. Strategic thinker; Team player and ability to work collaboratively.
- 4-7 years of specialized experience in Financial Services
- 4 years of experience within Banking or Financial Services Regulatory Compliance, Governance, Legal, or related department, preferably with a foreign banking institution (FBO/IHC/BHC) doing business in the U.S.
- Required: BA / BS
- Preferred: MA / MS / MBA / Law / JD / Master’s degree is desired
- MS Word, MS Excel, MS PowerPoint, Outlook, Lotus Notes, SharePoint
Salary : $60 - $90
