Transformation Manager Senior Program Manager
4 weeks ago
City National Bank is seeking a highly experienced Transformation Manager Senior Program Manager to lead our Regulatory Affairs and Governance team. As a key member of our GRC program, you will be responsible for reviewing regulatory communications, ensuring compliance with regulatory requirements, and facilitating meetings with business owners and stakeholders.
Key Responsibilities:
- Drive all GRC activities related to regulatory responses in partnership with stakeholders across the Bank and RBC US/CUSO.
- Manage the quarterly reporting on regulatory remediation efforts within the Bank and RBC US/CUSO.
- Support the governance structure and committees with the GRC office across both the Bank and RBC US/CUSO.
- Organize, lead, and facilitate cross-LOB action plan development in response to regulatory findings.
- Liaise with the Regulatory Relations office on a regular cadence to ensure alignment of GRC and Regulatory Relations activities.
- Liaise with Legal/General Counsel office on a regular cadence to ensure alignment of GRC and Legal activities.
- Manage integrated activities across regulatory response and remediation planning to ensure they are well coordinated, comprehensive, and timely.
- Ensure that output from remediation activities has traceability back to root causes and regulatory responses.
- Oversee and coordinate the timeliness and accuracy of responses to regulators, including data requests and responses to exam findings.
- Ensure comprehensive analyses of regulatory feedback and expectations, peer practices, underlying issues, and their root causes.
- Work with senior leadership (EVPs and SVPs) to identify, discuss, and address emerging regulatory trends that may impact their relevant business operations from a compliance perspective.
- Develops improvement approaches for the GRC Regulatory Affairs & Governance group within the GRC Office that are holistic, focused on understanding business processes and workflow through the Bank and RBC US/CUSO.
- Develops root cause analysis and business case for proposed strategy, technology, staff, and structure changes, including cost estimates.
- Provides advanced statistical analysis for business leaders, project teams, and managers as required.
- Manages implementation of major technology programs, including design, build, test, deployment, and control phases in an agile methodology.
- May include the direct management of consultants.
- The sharing of lessons learned and best practices with others throughout the organization when appropriate.
Requirements:
- Bachelor's Degree or equivalent (Legal Degree is a plus).
- Minimum 10 years of experience in compliance, risk, legal, regulatory, and/or related bank regulatory experience.
- Minimum 7 years leading legal, governance, and/or regulatory programs in the financial services industry.
- Deep understanding and proven ability to build relationships with internal and external partners and manage heavy regulatory exam load.
- Strong writing, organizational, interpersonal, and communications skills with an ability to interact effectively with stakeholders and regulators.
- Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end risk management solutions and controls aligned with group's processes.
- Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function, and/or risk type.
- Knowledge and understanding of regulatory and risk management in the financial services industry.
- Excellent executive communication skills, presentation development, and delivery.
Compensation:
Starting base salary: $141,830 - $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks:
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues.
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