Senior Regulatory Relationship Manager
Responsibilities will include:
Facilitating a very strong and positive relationship with the bank’s regulatory by:
*Maintaining regular, open and transparent dialogue with the regulators
*Coordinating and centralizing the flow of information between the various regulators and the appropriate staff
*Ensuring the bank is being responsive to the Regulator’s needs or concerns
*Providing timely and accurate reporting of regulatory activity and any noted or emerging issues or themes
*Reporting and escalating to Executive Management matters that can negatively impact the relationship with our Regulators
*Advising staff and management on responses to Regulators; and
*Pro-actively preparing the banks Management and staff for interactions with Regulators.
This role will be part of a very important and high-profile team of Regulatory Relationship Managers who will interface with regulators and senior business heads to ensure regulatory activity is effectively managed. As the senior relationship manager this role will also be expected to play an expanded role in coordinating activities with the Legal and Communications functions and act as deputy for the Regulatory Relationship Director as may be required.
The ideal candidate MUST be able to:
* impact the business by assisting business areas in preparing for regulatory activity (exams, meetings, etc), including facilitating preparatory meetings and providing on training to staff
* Analyze regulatory activity and work with the Legal and Communications functions to ensure there is proper communication of regulatory issues, concerns or themes and there are appropriate responses
* Interacts with regulators to ensure they are receiving the appropriate information requested and there are no impediments to fulfilling their supervisory responsibilities
* Streamline examination processes and activities (e.g., through minimizing meetings where possible, automating reporting, etc
The role will function as the senior relationship manager and interact with very senior individuals in the institution on issues having the greatest impact and sensitivity and time constraint. The level of interaction and communication required is of advanced nature and therefore the individual must demonstrate a high degree of professionalism at all times. Individuals will be expected to travel periodically, as may be required to accommodate regulatory activity.
Qualifications
* MUST have a minimum of eight to ten years relevant experience working in the banking or securities industry, as a regulator, in a role directly interacting with regulators, or in a leadership role within a Legal or Compliance Department is required
* A minimum bachelors degree in applicable field such as business management, finance, law, required, J.D. strongly preferred.
* Regulatory knowledge - Must have a good understanding of regulatory processes and activities and an understanding of regulatory requirements applicable to the areas assigned
* Business knowledge - Must have a solid understanding of key business policies, products, processes systems and roles and a general ability to understand business discussions with regulators
* Relationship Management - Demonstrate a proven an ability to build trust and credibility through communication, actions and presence. Must be highly professional in presence and communication.
* Communication Skills - Shows excellent written and oral communication skills
* Negotiation Skills - Has ability to influence through use of compelling facts, thought-provoking discussion and logic. Ability to use diplomacy and tact to resolve differing views
* Analytical Skills - Has an ability to "connect the dots" and critically analyze situations, recommend effective solutions to problems and identify or anticipate regulatory concerns
* Leadership Capabilities - Demonstrate ownership of topics within the team's remit, "courageous integrity" and actively protects HSBC's reputation
* Teamwork - Should be able to work well across diverse teams of individuals. Willingness to assist others as needed
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