Description
Regulatory Transformation Program Management & Reporting
WHAT IS THE OPPORTUNITY? Position reports to the Head of Governance Risk and Controls (GRC) Implementation Office and is responsible for the planning, execution and delivery of one or more major regulatory workstreams within the GRC Implementation Office. Position is responsible for managing regulatory workstream(s): executing against the program structure, providing subject matter expertise into the program approach, and reporting status to senior leadership. Liaises with Legal, HR, Regulatory Relations, Technology & Innovation and other key support functions across the CNB Enterprise.
What you will do
- Responsible for the planning, execution and delivery of one or more major regulatory workstreams within the within the GRC Implementation Office
- Develop Board, Management, and regulatory reporting.
- Provide strategic oversight into remediation approach and execution.
- Responsible for leading quarterly progress reports and ongoing GRC communications with regulators.
- Partners with senior leaders in the GRC office to ensure integrated activities across regulatory remediation.
- Partners with senior leaders in the GRC office who are managing remediation activities to ensure that output from remediation activities has traceability back to root causes and regulatory responses and has proper signoff through appropriate governance channels, as necessary.
- Provide leadership and ownership of various remediation initiatives as needed.
- Partner with first, second and third line of defense colleagues, serving as a conduit to ensure program completion.
- Work in a consultative manner with operational and other functional specialists to implement relevant laws, regulations and guidance into bank processes and procedures.
- Interact with regulators to provide key status on regulatory compliance programs.
- Work with senior management to identify, discuss and report regulatory compliance delivery progress.
- Responsible for fostering a culture of compliance with existing and pending regulations.
- Lead and manage colleagues team through influence and example.
Must-Have*
- Bachelor's Degree or equivalent
- Minimum 10 years of experience in banking compliance, risk, legal, regulatory or related bank regulatory experience
- Minimum 10 years of financial services industry experience, of which 5 years must include direct experience in Compliance and/or Risk Management
- Minimum 3 years of experience leading and managing teams
Skills and Knowledge
- Proven leadership and program management skills to drive alignment across key business functions.
- Deep understanding and proven ability to build relationships with internal and external partners
- Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships across City National.
- Experience managing or being a part of a compliance or risk management team for a large US bank or large Legal Firm
- Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end risk management solutions and controls aligned with group's processes.
- Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.
- Knowledge and understanding of regulatory and risk management in the financial services industry
- Strong program and change management skills.
- Good communication skills / executive presence.
- Previous consulting experience preferred.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'
ABOUT CITY NATIONAL We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.
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