Transformation Mgr-Sr Program Mgr - City National Bank
Beverly Hills, CA
About the Job
TRANSFORMATION MGR-SR PROGRAM MGR
WHAT IS THE OPPORTUNITY?
Position reports to the Head of Regulatory Affairs & Governance in the GRC Office and will be responsible for reviewing regulatory communications concerning remediation within the GRC program and ensuring the Bank and RBC US/Combined US Operations (CUSO) meets its regulatory requirements and expectations through facilitating meetings with business owners and stakeholders, drafting regulatory responses and overseeing regulatory interactions with respect to remediation within the GRC program. In addition, the position will help support governance/approval related activities across the GRC program. The position will closely coordinate with the the Bank’s and RBC US/CUSO’s Regulatory Relations and Legal functions.
What you will do
+ Responsible for driving all GRC activities related to regulatory responses in partnership with stakeholders across the Bank and RBC US/CUSO.
+ Manages the quarterly reporting on regulatory remediation efforts within the Bank and RBC US/CUSO.
+ Support the governance structure and committees with the GRC office across both the Bank and RBC US/CUSO
+ Organizes, leads, and facilitates cross-LOB action plan development in response to regulatory findings.
+ Liaise with the Regulatory Relations office on a regular cadence to ensure alignment of GRC and Regulatory Relations activities across regulatory exams, progress reports, communications and any additional activities, as needed
+ Liaise with Legal/General Counsel office on a regular cadence to ensure alignment of GRC and Legal activities across regulatory exams, progress reports, communications and any additional activities, as needed
+ Manage integrated activities across regulatory response and remediation planning to ensure they are well coordinated, comprehensive and timely
+ 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
+ Oversee and coordinate the timeliness and accuracy of responses to regulators, including data requests and responses to exam findings (such as Request Letters, Matters Requiring Attention, etc).
+ Ensure comprehensive analyses of regulatory feedback and expectations, peer practices, underlying issues and their root causes
+ 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.
+ Develops improvement approaches for the GRC Regulatory Affairs & Governance group within the GRC Office that are holistic, focused to understanding business processes and workflow through the Bank and RBC US/CUSO, and improve upon regulatory remediation communications and deliverables.
+ Develops root cause analysis and business case for proposed strategy, technology, staff and structure changes, including cost estimates
+ Provides advanced statistical analysis for business leaders, project teams, and managers as required. In addition, provide basic and advanced measurement approaches and mechanisms to ensure we are managing the process and producing the designed results
+ Manages implementation of major technology programs including design, build, test, deployment and control phases in an agile methodology
+ May include the direct management of consultants
+ The sharing of lessons learned and best practices with others throughout the organization when appropriate
Must-Have*
+ Bachelor's Degree or equivalent (Legal Degree is a plus)
+ Minimum 10 years of experience in compliance, risk, legal, regulatory and/or related bank regulatory experience
+ Minimum 7 years leading legal, governance and/or regulatory programs in the financial services industry
Skills and Knowledge
+ Deep understanding and proven ability to build relationships with internal and external partners and manage heavy regulatory exam load
+ Strong writing, organizational, interpersonal, 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 the enterprise
+ 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.
+ Excellent executive communication skills, presentation development and delivery
Compensation
Starting base salary: $141,830 - $263,408 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 (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .
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.
WHAT IS THE OPPORTUNITY?
Position reports to the Head of Regulatory Affairs & Governance in the GRC Office and will be responsible for reviewing regulatory communications concerning remediation within the GRC program and ensuring the Bank and RBC US/Combined US Operations (CUSO) meets its regulatory requirements and expectations through facilitating meetings with business owners and stakeholders, drafting regulatory responses and overseeing regulatory interactions with respect to remediation within the GRC program. In addition, the position will help support governance/approval related activities across the GRC program. The position will closely coordinate with the the Bank’s and RBC US/CUSO’s Regulatory Relations and Legal functions.
What you will do
+ Responsible for driving all GRC activities related to regulatory responses in partnership with stakeholders across the Bank and RBC US/CUSO.
+ Manages the quarterly reporting on regulatory remediation efforts within the Bank and RBC US/CUSO.
+ Support the governance structure and committees with the GRC office across both the Bank and RBC US/CUSO
+ Organizes, leads, and facilitates cross-LOB action plan development in response to regulatory findings.
+ Liaise with the Regulatory Relations office on a regular cadence to ensure alignment of GRC and Regulatory Relations activities across regulatory exams, progress reports, communications and any additional activities, as needed
+ Liaise with Legal/General Counsel office on a regular cadence to ensure alignment of GRC and Legal activities across regulatory exams, progress reports, communications and any additional activities, as needed
+ Manage integrated activities across regulatory response and remediation planning to ensure they are well coordinated, comprehensive and timely
+ 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
+ Oversee and coordinate the timeliness and accuracy of responses to regulators, including data requests and responses to exam findings (such as Request Letters, Matters Requiring Attention, etc).
+ Ensure comprehensive analyses of regulatory feedback and expectations, peer practices, underlying issues and their root causes
+ 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.
+ Develops improvement approaches for the GRC Regulatory Affairs & Governance group within the GRC Office that are holistic, focused to understanding business processes and workflow through the Bank and RBC US/CUSO, and improve upon regulatory remediation communications and deliverables.
+ Develops root cause analysis and business case for proposed strategy, technology, staff and structure changes, including cost estimates
+ Provides advanced statistical analysis for business leaders, project teams, and managers as required. In addition, provide basic and advanced measurement approaches and mechanisms to ensure we are managing the process and producing the designed results
+ Manages implementation of major technology programs including design, build, test, deployment and control phases in an agile methodology
+ May include the direct management of consultants
+ The sharing of lessons learned and best practices with others throughout the organization when appropriate
Must-Have*
+ Bachelor's Degree or equivalent (Legal Degree is a plus)
+ Minimum 10 years of experience in compliance, risk, legal, regulatory and/or related bank regulatory experience
+ Minimum 7 years leading legal, governance and/or regulatory programs in the financial services industry
Skills and Knowledge
+ Deep understanding and proven ability to build relationships with internal and external partners and manage heavy regulatory exam load
+ Strong writing, organizational, interpersonal, 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 the enterprise
+ 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.
+ Excellent executive communication skills, presentation development and delivery
Compensation
Starting base salary: $141,830 - $263,408 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 (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .
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.
Source : City National Bank
