This role will be a Level 2 legal position in the Regulatory Relations function of Compliance.
Essential Function / major duties and responsibilities of the job
At Level 2, the position is a lead role regarding all facets of Regulatory Relations‑related responsibilities and tasks as described herein and acting as the point person and trusted advisor with respect to all Regulatory Relations related items and inquiries
At either level, the position requires an ability (i) to counsel business lines with respect to regulatory requirements; (ii) to collaborate with business lines and personnel with respect to document submissions and processes; (iii) to draft critical regulatory submissions (requires superior writing skills and the ability to own and manage end‑to‑end submission content and process)
Strategic
Provide oversight and management of the interface with: (i) the FRBNY Supervisory teams regarding all ongoing supervisory activities; (ii) the Fed Board Regulation HH team re: Regulation HH ANPC requirements and Regulation Y filings; and (iii) the Oversight Committee, including:
supervisory‑related examination and monitoring activity; responses/progress updates relating to findings letters; remedial actions, including tracking to closure; and reporting to internal governance committee and the CLS Board on remedial activities
“materiality” determinations; ANPC filings and related submissions; and Regulation Y filings
regulatory engagement, including with the Federal Reserve PMI Policy team / Oversight Committee, as needed
overall regulatory framework, including education/training as to CLS DFMU status, relevance and impact
Provide guidance and advice related to Regulatory Relations, enhance (as needed) policies/procedures, support CLS’s growth program through Regulation HH ANPC and Regulation Y activities and embedded participation in project working groups and support CLS’s strategy by engaging effectively in the supervisory regulatory environment
Support the CCO and Head of Regulatory Relations in developing and preparing document submissions to internal constituencies, such as Board/Committees and internal committees
Operational
Develop and maintain relationships with business lines in order to provide oversight and manage various types of deliverables involving input from a number of stakeholders
Serve as a Regulatory Relations resource and coordinate and oversight related regulatory activities and engagement
Manage and oversee supervisory activity; be proactive and trouble‑shoot as needed
Act as point person and/or trusted advisor on items/topics within the Regulatory Relations remit
Participate effectively in internal governance/ working groups for projects and initiatives, including active facilitation of the shaping/ drafting of required regulatory filings and articulating regulatory requirements
Interface proactively and effectively with the FRBNY supervisory teams and Fed Board staff for ANPC and Regulation Y‑related matters and Federal Reserve PMI Policy Team / Oversight Committee
Be innovative, prioritize and manage multiple tasks and deadlines
Leadership
Collaborate across the company to maintain and enhance supervisory interface
Strategize, influence and advise business lines with respect to Regulatory Relations remit
Support and serve as a resource for CLS strategic initiatives
Foster a culture of Compliance; manifest and support the Compliance Brand
Mentorship of the L3s
Experience / essential and desired for successful job performance Level 2:
Juris Doctor from recognized US Law School
8-10 years of experience in a law firm and/or in compliance/legal functions of a regulated financial services industry
Level 3:
Juris Doctor from recognized US Law School
Minimum 5 years of experience in a law firm and/or in compliance/legal functions of a regulated financial services industry
Qualifications / certifications
Juris Doctor from recognized US Law School.
Knowledge, skills and abilities / competencies required for successful job performance
Well-developed, excellent legal‑writing, research and analytical skills
Organized self‑starter with superior communication skills, with an ability to multi‑task with a ‘can‑do’ attitude and minimal supervision
Experience in and/or ability to work effectively with staff representing all disciplines within a company (e.g., Business Development, Operations, IT, Risk Management and Legal)
Experience directly engaging with and interacting/managing inquiries/examinations by regulators and auditors
Well‑developed professional presentation skills; proficiency in standard PC programs (Word, Excel and PowerPoint)
Ability to work effectively with all levels in the organization
Ability to work constructively and flexibly in a small team environment, and to assist at the direction of management in variety of projects
Accurate, acute attention to detail and ability to deal with high volume of information and high execution mode of environment
Ability to work independently on routine matters; however, is expected to seek guidance from compliance management and accept supervision on all matters
Ability to deal tactfully with a wide variety of stakeholders, situations and ideas and present advisory, persuasive and authoritative recommendations
Professionalism, discretion, ability to maintain strict confidentiality
Strong relationship‑building and interpersonal skills
Success factors / ‘How’. Personal characteristics contributing to an individual’s ability to excel in the position
Able to work in a DFMU environment with extremely high standards and intense regulatory scrutiny
High ethical standards and a profound sense of urgency, integrity and confidentiality
Driven by own initiative, can work independently as well as collaboratively
Demonstrates appropriate awareness and skill on when and how to engage with stakeholders
Ability to build relationships, consensus, to influence both internal and external stakeholders
Loyal and results orientated team player
Ensures delivery and execution of results
Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.
#J-18808-Ljbffr
Essential Function / major duties and responsibilities of the job
At Level 2, the position is a lead role regarding all facets of Regulatory Relations‑related responsibilities and tasks as described herein and acting as the point person and trusted advisor with respect to all Regulatory Relations related items and inquiries
At either level, the position requires an ability (i) to counsel business lines with respect to regulatory requirements; (ii) to collaborate with business lines and personnel with respect to document submissions and processes; (iii) to draft critical regulatory submissions (requires superior writing skills and the ability to own and manage end‑to‑end submission content and process)
Strategic
Provide oversight and management of the interface with: (i) the FRBNY Supervisory teams regarding all ongoing supervisory activities; (ii) the Fed Board Regulation HH team re: Regulation HH ANPC requirements and Regulation Y filings; and (iii) the Oversight Committee, including:
supervisory‑related examination and monitoring activity; responses/progress updates relating to findings letters; remedial actions, including tracking to closure; and reporting to internal governance committee and the CLS Board on remedial activities
“materiality” determinations; ANPC filings and related submissions; and Regulation Y filings
regulatory engagement, including with the Federal Reserve PMI Policy team / Oversight Committee, as needed
overall regulatory framework, including education/training as to CLS DFMU status, relevance and impact
Provide guidance and advice related to Regulatory Relations, enhance (as needed) policies/procedures, support CLS’s growth program through Regulation HH ANPC and Regulation Y activities and embedded participation in project working groups and support CLS’s strategy by engaging effectively in the supervisory regulatory environment
Support the CCO and Head of Regulatory Relations in developing and preparing document submissions to internal constituencies, such as Board/Committees and internal committees
Operational
Develop and maintain relationships with business lines in order to provide oversight and manage various types of deliverables involving input from a number of stakeholders
Serve as a Regulatory Relations resource and coordinate and oversight related regulatory activities and engagement
Manage and oversee supervisory activity; be proactive and trouble‑shoot as needed
Act as point person and/or trusted advisor on items/topics within the Regulatory Relations remit
Participate effectively in internal governance/ working groups for projects and initiatives, including active facilitation of the shaping/ drafting of required regulatory filings and articulating regulatory requirements
Interface proactively and effectively with the FRBNY supervisory teams and Fed Board staff for ANPC and Regulation Y‑related matters and Federal Reserve PMI Policy Team / Oversight Committee
Be innovative, prioritize and manage multiple tasks and deadlines
Leadership
Collaborate across the company to maintain and enhance supervisory interface
Strategize, influence and advise business lines with respect to Regulatory Relations remit
Support and serve as a resource for CLS strategic initiatives
Foster a culture of Compliance; manifest and support the Compliance Brand
Mentorship of the L3s
Experience / essential and desired for successful job performance Level 2:
Juris Doctor from recognized US Law School
8-10 years of experience in a law firm and/or in compliance/legal functions of a regulated financial services industry
Level 3:
Juris Doctor from recognized US Law School
Minimum 5 years of experience in a law firm and/or in compliance/legal functions of a regulated financial services industry
Qualifications / certifications
Juris Doctor from recognized US Law School.
Knowledge, skills and abilities / competencies required for successful job performance
Well-developed, excellent legal‑writing, research and analytical skills
Organized self‑starter with superior communication skills, with an ability to multi‑task with a ‘can‑do’ attitude and minimal supervision
Experience in and/or ability to work effectively with staff representing all disciplines within a company (e.g., Business Development, Operations, IT, Risk Management and Legal)
Experience directly engaging with and interacting/managing inquiries/examinations by regulators and auditors
Well‑developed professional presentation skills; proficiency in standard PC programs (Word, Excel and PowerPoint)
Ability to work effectively with all levels in the organization
Ability to work constructively and flexibly in a small team environment, and to assist at the direction of management in variety of projects
Accurate, acute attention to detail and ability to deal with high volume of information and high execution mode of environment
Ability to work independently on routine matters; however, is expected to seek guidance from compliance management and accept supervision on all matters
Ability to deal tactfully with a wide variety of stakeholders, situations and ideas and present advisory, persuasive and authoritative recommendations
Professionalism, discretion, ability to maintain strict confidentiality
Strong relationship‑building and interpersonal skills
Success factors / ‘How’. Personal characteristics contributing to an individual’s ability to excel in the position
Able to work in a DFMU environment with extremely high standards and intense regulatory scrutiny
High ethical standards and a profound sense of urgency, integrity and confidentiality
Driven by own initiative, can work independently as well as collaboratively
Demonstrates appropriate awareness and skill on when and how to engage with stakeholders
Ability to build relationships, consensus, to influence both internal and external stakeholders
Loyal and results orientated team player
Ensures delivery and execution of results
Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.
#J-18808-Ljbffr