Manager Regulatory Transformation GRC

Company: City National Bank
Location: Beverly Hills
Posted on: May 17, 2023

Job Description:

MANAGER REGULATORY TRANSFORMATION GRC

WHAT IS THE OPPORTUNITY?

Position reports to the Head of Governance Risk and Controls and is responsible for helping to develop program governance and execution standards and processes for implementing remediation action plans and overseeing the execution of those plans across the enterprise. Senior member of a team which collaborates with the Regulatory Relations office to interface with the Office of the Comptroller of the Currency ("OCC"), and assists business and risk departments with readiness for regulatory examinations. Provides oversight and guidance to a team of regulatory professionals and escalates conclusions about thematic regulatory concerns based on the team's observations. Helps to drive change control process anchored by Heightened Standards. Liaises with Legal, HR, Regulatory Relations, Technology & Innovation and other key support functions.

Governance, Risk and Controls (GRC)
Be part of City National's U.S. Governance, Risk and Controls (GRC) Office. This group's focus is on enhancing our risk management and regulatory compliance capabilities to ensure the bank is well-positioned for future opportunity and sustainable growth.

WHAT WILL YOU DO?

• Manage overall integrated plan and program management teams, including: program initiation, planning, execution and closure.
• Provide strategic oversight into project approach and execution.
• Partner with first, second and third line of defense colleagues, serving as a conduit to ensure program completion
• Oversee and lead program management team.
• Provide bank regulatory advisory support with business partners and second line of defense to identify and mitigate remediation risks and issues.
• Maintain thorough knowledge of banking regulations, bank operations and procedures, accounting, risk management controls, and other internal control objectives and practices.
• Work with senior leadership (EVPs and SVPs) to identify, discuss, and address emerging regulatory trends that may impact their relevant business operations from a compliance perspective; actively monitor and report on regulatory developments and trends affecting US business platforms.
• Provide training and/or guidance to Senior Leadership on written and verbal communication with Regulators
• Work in a consultative manner with operational or other functional specialists to implement relevant laws, regulations, and guidance into policies and procedures; and coordinate with local control officers, line management, and audit to implement and monitor their execution and enforcement.
• Responsible for fostering a culture of compliance with existing and pending regulations.
• Provide advice on compliance and regulatory risk matters related to bank regulatory activities to `businesses, and other functions, as required.
• Lead and manage colleagues team through influence and example.
  
  WHAT DO YOU NEED TO SUCCEED
  
  Must-Have*
  
  • 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 5 years of experience leading and managing teams
    
    Skills and Knowledge
    • Deep understanding and proven ability to build relationships with different regulators and manage heavy regulatory exam load
    • 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
    • Technical understanding of Corporate Risk operations, processes, and responsibilities.
    • 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.
    • Previous consulting experience preferred.
      
      Compensation
      
      Starting base salary: $195,995 - $364,003 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
      
      *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.
      
      Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

Keywords: City National Bank, Beverly Hills , Manager Regulatory Transformation GRC, Executive , Beverly Hills, California