Regulatory Relations Analyst

City National Bank

  • Los Angeles, CA
  • $92,114-156,880 per year
  • Permanent
  • Full-time
  • 13 days ago
REGULATORY RELATIONS ANALYSTWHAT IS THE OPPORTUNITY?Responsible for working with Associate Director ("AD") to coordinate end-to-end regulatory activity within CNB and the broader Combined US Operations ("CUSO") from receipt of first day letter through remediation and closure. This includes assisting and coordinating with regulators, all business units and risk departments for targeted exams, ongoing supervision, ad hoc requests and follow up. Will work with business and risk units, along with the Governance Risk & Control Program Office ("GRC"), to prepare business units for exams and other regulatory activity. Will be responsible for working with AD to research topics to provide advice and support to business units in all regulatory matters. Will raise concerns to AD about observed thematic issues and potential regulatory concerns.WHAT WILL YOU DO?
  • Work as a team to lead and facilitate all regulatory examinations, including targeted on-site examinations by regulators.
  • Work with business and risk units to oversee and coordinate planning, fieldwork and final responses to external regulators, including but not limited to data requests and responses to exam findings.
  • Responsible for ensuring responses to regulatory concerns are well informed and appropriately address concerns raised.
  • Support proactive communication strategies with regulators and provide advice to management on the best approach to regulatory interactions with guidance on best-in-class presentations, materials and other submissions provided to regulators.
  • Synthesize regulatory feedback and key thematic findings for reporting to AD which will be used to inform senior management, Board-level committees and key stakeholders to drive awareness of and help anticipate regulatory concerns.
  • Maintain records of all regulatory matters in a centralized location for the coordination of regulatory communications, requests, reporting through RBC channels, and track implementation of remedial response(s) by the Bank.
  • Assist in scheduling and attend meetings for examiners with senior management and with BU contacts on specific exams or prep meetings.
  • Assist in prep meetings for internal stakeholders prior to exam and update meetings with regulators.
  • Responsible for entering and maintaining exam and issue status in the issue management system and reporting as needed.
WHAT DO YOU NEED TO SUCCEED?Required Qualifications*
  • Bachelor's Degree or equivalent
  • Minimum 5 years of experience working in financial Industry, preferably in a regulatory-facing role
  • Minimum 5 years of experience in banking operations, compliance and/or risk management activities
Additional Qualifications
  • Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, as well as effectively building relationships within the Bank.
  • Exceptional writing skills, with ability to synthesize complex concepts and translate into effective presentations to external regulators and Senior Executives.
  • Working knowledge in a broad range of risk management disciplines including credit, market, and operational risks.
  • Autonomous, detail oriented and highly motivated with the ability to work independently as well as collaboratively.
  • Experienced in regulatory interaction, project management, exam management and issue management with excellent organizational, follow-up and time management skills.
  • Demonstrated ability to think critically and facilitate change through collaborative effort. Strong interpersonal, verbal, and written communication skills.
  • Self-motivation, discipline, task focus, the ability to structure and present work and a proven record of delivering high quality results within strict deadlines.
  • Must have the ability to work on multiple projects simultaneously and prioritize several concurrent initiatives.
  • Experience communicating and interacting with regulatory agencies, including exam management and other regulatory affairs.
  • For Banking Compliance related roles, Certified Compliance Risk Manager (CRCM).
  • For Wealth Management Compliance roles, experience with a financial institution such as a broker/dealer and/or registered investment adviser.
  • For Wealth Management Compliance roles, experience working within a Compliance Investment Management role.
WHAT'S IN IT FOR YOU?CompensationStarting base salary: $92,114 - $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.Benefits and PerksAt City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our .ABOUT USSince day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at .INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENTCity National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

City National Bank