
Strategic Remediation & Control Office (IRC) – Data Management – Vice President
- New York City, NY
- $125,000 per year
- Permanent
- Full-time
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs
- Mandate of the IRC team is to provide effective review and challenge of critical regulatory remediation initiatives across the Bank including regulatory responses, remediation plans, regulatory remediation program, and regional and global key deliverables. As part of the IRC team, provide effective review and challenge of the bank’s Enterprise Data Management remediation and transformation program.
- Identify critical gaps in bank’s regulatory responses and remediation initiatives and present feedback / challenge in management forums, including C-suite executives, regional and global senior management across business, risk, finance, treasury, and compliance, in advance of the formal submission to the regulators
- Act as an advisor and provide guidance to business and infrastructure functions in responding to regulatory inquiries, responses, and remediation plans and implementing regulatory remediation programs
- Ensure that regulatory remediation programs clearly articulate risk reduction and demonstrate enhanced control environment with evidence of design and operational effectiveness
- Improve comprehensiveness and completeness of the Bank’s regulatory responses, remediation programs, and global key deliverables by providing constructive and holistic feedback, identifying weaknesses and limitations, and escalating critical issues where necessary
- Responsible for active stakeholder engagement by ensuring close collaboration with key stakeholders across the Bank and working closely with subject matter experts on relevant regulatory remediation programs
- Team player with the ability to execute the Bank’s critical regulatory initiatives in a timely manner
- Proven ability to form an independent and comprehensive view on the Bank’s regulatory issues and remediation approach across broad financial risk topics
- Ability to navigate a global organization and build strong relationships and work collaboratively with senior stakeholders globally
- Extensive work experience in Enterprise Data Management, including data governance and data architecture, in financial services industry in data office, risk, audit, or in a regulatory agency (e.g., FRB, OCC)
- Experience in risk management and controls, effectively identifying and assessing risks within Enterprise Data Management program remediation
- Experience in designing and / or implementing key data management framework components, including BCBS 239, data quality controls, data quality issues management, data lineage, data architecture, and data reporting
- Critical and analytical thinker with attention to detail and ability to take initiatives and execute
- Strong interpersonal and communication skills (both verbal and written) with an ability to speak to senior management
- Ability to identify risks and issues and escalate timely and effectively