First Citizens Bank hiring for Director Risk Regulatory Relations jobs in Durham, NC, US
Overview:
The position will play a key role in Regulatory Relations centralized oversight function and will be responsible for facilitating open lines of communication with primary federal regulators, including managing regulatory examination and continuous monitoring activities. This position ensures alignment with the Bank’s risk appetite while meeting regulatory expectations, providing guidance and training for associates interacting with regulators and monitoring the status of regulatory activities to provide enterprise awareness of supervisory priorities and areas of focus. This position requires experience with regulatory examination management activities and strong working knowledge of banking regulations, especially those applicable to large financial institutions, and experience with regulatory examination management activities and the regulatory issue lifecycle.
This role requires strong, direct, and influential communication with primary financial regulators, as well as senior and executive management. The Risk Director must have the ability to develop effective relationships with internal and external stakeholders by building trust and credibility through strong interpersonal skills, clear communication and consistent actions. This position is responsible for managing and overseeing associates involved in coordinating supervisory activities, primarily related to activities that span the enterprise, such as enterprise risk management, strategy, and integration.
Responsibilities:
- Manage and oversee all aspects of regulatory exams, reviews and continuous monitoring activities, ensuring complex internal information from multiple business partners flows effectively and efficiently to primary regulatory
- Maintain strong working knowledge of banking regulations and expectations for risk management for large financial institutions
- Use high degree of judgment to review, address and resolve complex issues with internal stakeholders, providing expertise during the issue management lifecycle
- Advise and guide senior leaders and all levels of the organization through supervisory activities and the issue management lifecycle, building trust and credibility through strong interpersonal skills, clear communication and consistent actions
- Build effective regulatory relationships with during supervisory interactions
- Supervise associates to drive consistent, high quality results while meeting regulatory deadlines
Qualifications:
Bachelor's Degree and 10 years of experience in Enterprise or Operational Risk, Internal Audit, Project Management or Compliance; Financial Institution Regulatory Relations OR High School Diploma or GED and 14 years of experience in Enterprise or Operational Risk, Internal Audit, Project Management or Compliance; Financial Institution Regulatory Relations
Preferred Area of Study: Business, Risk Management
Preferred Area of Experience: Banking
Skill(s): Knowledge of financial sector regulatory practices for a large financial institution , Understanding of three lines of risk management model and 2nd line effective challenge, Ability to effectively manage multiple projects, Ability to effectively communicate regulatory information to technical, management, regulators, and executive audiences, Knowledge of business policies, standards, and procedures frameworks as well as their development and implementation, Knowledge of standard risk management or control frameworks, Ability to bring resolution to complex inquiries/issues involving multiple stakeholders
Additional Requirements:
- Excellent interpersonal and communication skills, both written and verbal, with the ability to influence decision-making
- Strong understanding of regulatory activities common to large financial institutions
- Demonstrated ability to make decisions while dealing with complex issues in a fast-paced environment
- Capable of managing staff to drive consistent results and meet regulatory deadlines
- Exceptional organization skills and attention to detail, including the ability to prioritize and multi-task
- Use high degree of independent judgment to accomplish objectives
- Excellent knowledge of Microsoft Office programs, including Word, Excel, PowerPoint and SharePoint, Teams