Director Regulatory - Wealth Management Lending & Deposits

  • Base salary, bonus and excellent benefits
  • New York, NY, USA
  • Permanent, Full time
  • The Forum Group
  • 06 Dec 18

In this role, you will be responsible for working with WM Compliance, Legal and Bank Regulatory to assist the WM Banking Deposit Group in establishing, coordinating, and maintaining an effective compliance and risk support function to ensure compliance with all Federal and State regulatory requirements across all origination channels. .

Key responsibilities:

Work closely with Banking Deposit Group Product Managers to develop understanding of current products and assist with review of "new" products from a regulatory requirements standpoint.
Monitor applicable federal, state, and local laws and regulatory updates provided by WM Compliance Advisory and Legal and assist the business with developing KOPs and the implementation of any new regulatory requirement.

Assist business with internal risk assessments.
Assist in facilitating the development and deployment of target regulatory training, new regulatory policy material and Level 1 testing.
Assist the business with troubleshooting and resolving issues found to be out of compliance and insure policy and procedures are implemented to prevent future issues.
Provide day-to-day support to staff on regulatory related questions and issues not supported by other AWM support areas.
You will have:

Minimum 10 years lending and banking deposit industry experience.
Familiarity with laws and regulations applicable to banking and deposit industry.
Must have working knowledge of key banking regulations including but not limited to Reg A, Reg D, Reg W, Reg CC and Reg DD Proficient in Microsoft Office Understanding of federal and state regulations impacting Structured, CRE and Residential Lending a plus.
Proven analytical skills and well-developed organizational skills Superior verbal and written communication skills Strong problem solving and judgment skills as they apply to compliance and regulatory issues.
Excellent planning, organizational and prioritization skills Ability to handle multiple complex tasks and perform under pressure in fast paced environment while meeting deadlines Ability to work under pressure and deadlines with professionalism and tact.