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Government Public Attorney in Wakefield, RI

Citizens Financial Group. Oct 20,2014 Aug 12,2014 Location Wakefield RI
This job is expired...

In-House

Attorney

Government / Public Law

Litigation - Whistleblower - CFTC

Min 5 yrs required

Profile

Senior Compliance Manager II, Consumer Banking Responsibilities: Be the independent compliance partner to a specific CFG Business Division/Unit and is responsible for ensuring that the Business Compliance Program (Program) appropriately addresses the regulatory risks relative to the Division/Unit’s business activities. As a Compliance leader, working within the RBS-CFG Compliance function, will be co-located with the relevant business and actively engaged to compliance and AML advice, monitoring and oversight of an effective Program. Collaborate with the respective Director of Compliance to foster an open and honest risk management and compliance culture across the Business Division/Unit and ensure timely reporting and escalation of regulatory risk issues to the Senior Compliance Officer and Business management. Engage business management and support/control functions as well as the CFG and RBS Americas compliance community. Participate in and provide management oversight on the development of the Compliance Program in response to changes in business activities, regulatory requirements and industry best practices. Responsible for driving a culture of accountability, partnership, and compliance within the respective Business Units. Responsible for overseeing a team of compliance professionals that support the Consumer Banking Division (Auto/Ed Finance, Home Lending Solutions, Retail Banking, Wealth Management, Online Banking and Everyday Banking) from a regulatory compliance perspective. Ensures that the Business Unit Compliance Programs appropriately address the regulatory risks relative to all business units within Consumer Banking; this is accomplished by partnering and collaborating with Consumer Banking management, Risk Management, Legal and RBS-CFG Compliance colleagues to ensure timely identification, mitigation resolution and reporting/escalation of existing and emerging regulatory risks and issues. Serves as an independent advisor to Consumer Banking colleagues. Ensures that Compliance Officers are properly engaged and positioned to ensure supported business units remain current with consumer laws and regulations. Motivates, manages and develops compliance staff, recruit and make hiring recommendations. Strong leadership, communication and collaboration skills including the ability to work effectively with all levels across the organization. Requires a strong working knowledge of consumer regulations, product mix, partnering with business units and experience in implementing effective compliance programs. Requires strong problem solving skills as well as flexibility, adaptability and a commitment to development and career advancement of a diverse workforce. Partners and collaborates for success with Business management, Business Unit Risk Management, Legal and Compliance colleagues to ensure timely identification, mitigation, resolution and reporting/escalation of existing, emerging and upstream regulatory risks and issues. Drives a culture of accountability and compliance, and works with Business Units to ensure compliance with applicable banking laws, rules, regulations, and supervisory guidance. Serve as an independent advisor to Business Units colleagues and risk management; participates in Business management, risk and strategy meetings and provides regulatory risk advice, updates on regulatory developments and reports on “State of Compliance” to respective Senior Compliance Officer. Partners with the Business to develop and review policies, procedures, standards, and marketing materials that meet existing and newly developed regulatory requirements and oversees compliance advice and sign-off. Oversees compliance advice and sign-off on new Business initiatives, new products & services and process changes. Collaborates across RBS-CFG Compliance, to synthesize and communicate a comprehensive view of regulatory risk to management; implements robust compliance monitoring/surveillance programs. Assists Regulatory Relations in coordinating regulatory examinations, advises on Action Plan design to address regulatory findings and tracks timely remediation of the regulatory issues. Establish and continuously improve upon camaraderie and strategy with Business management, Business Unit Risk Management, Legal and Compliance colleagues to ensure an open, adequate and effective risk mitigation culture. Coordinate with the Directors of Business Unit Risk Management to advance the culture and effectiveness of a synchronized approach to risk management in respect of current, new or emerging applicable banking law and regulation as well as internal corporate compliance policy and procedures. Consult with the Business Management and Compliance Officer(s) regarding the design and implementation of key strategic initiatives and business change by providing tactical regulatory/compliance advice and recommendations. Research and analyze compliance trends and industry benchmarking to prepare for and monitor upstream risks and issues while reporting to executive management at Business Line Risk Committees as well as to RBS Group Risk Management on effective mitigation strategies. Ensure that Compliance Officers are properly engaged and positioned to enable the supported business to remain current with laws and regulations in tandem with strategic goals as well as industry best practices. Lead, motivate, manage, and develop Compliance staff; assess and escalate resourcing needs, recruit and make hiring recommendations, complete performance evaluation and lead talent management for team. Improve employee engagement while advancing teamwork, transparency, and accountability. Maintain financial accountability for the Compliance staff budget and expenses.

Qualification and Experience

Qualifications: Bachelor degree in Business, Management, or related field; Master degree or Law degree preferred. Certified Regulatory Compliance Manager designation preferred. 12+ years proven ability to lead and engage with Executive Management and regulators. 5+ years experience working in a large, complex financial service organization. 3+ years prior experience working with regulatory agencies, including OCC, FDIC or State agencies. Strong leadership, communication, and collaboration skills, including the ability to work effectively with others at all levels across the organization and provide authoritative guidance to management and staff within the organization. Strategic vision and organization/marketplace awareness.

Additional info

Job ID/Req. Number: 405333

Company info