Strategic Remediation Control Office
Apply NowCompany: TTI
Location: New York, NY 10025
Description:
This role sits within the Strategic Remediation Control Office, which leads the Transformation and Remediation at our Client. The Office leads US oversight of programs which contribute to the uplift of the Firm's capabilities across multiple lines of defense working in partnership with global Businesses, Risk, Compliance, Technology and Audit. The team ensures alignment of the portfolio of projects remains within groupwide strategic priorities and are successfully implemented to achieve the intended benefit and outcomes. For this role, the Independent Review and Challenge team is looking for experienced professionals with expertise in supervision and regulation as well as risk and controls to join our high impact and growing team. This is a unique opportunity to be at the heart of the Bank's Transformation and remediation efforts, with exposure to senior management.
Provide effective review and challenge for critical regulatory remediation deliverables across the Bank including regulatory responses, remediation plans and outcomes, regulatory remediation program, and regional and global key deliverables in the areas of financial risk (credit, market, and liquidity risk) and model risk management
Perform critical analysis and independent review and challenge of bank's regulatory responses and remediation initiatives in order to identify critical gaps in advance of formal submission to regulators
Act as an advisor and provide guidance to business, finance and risk management functions relating to regulatory responses, remediation plans, and implementation of regulatory remediation programs
Ensure that regulatory remediation programs clearly articulate risk reduction and demonstrate enhanced control environment with evidence of design and operational effectiveness
Responsible for active stakeholder engagement by ensuring close collaboration with key stakeholders across the Bank
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
Team player with the ability to contribute to Bank's critical regulatory initiatives in a timely manner
Skills You'll Need
Extensive experience in financial services industry or consulting firm (e.g., risk and controls, audit, regulatory remediation/quality assurance, etc.) or regulatory agencies as a bank examiner (e.g., FRB, OCC, Federal Deposit Insurance Corporation)
Significant experience in reviewing and challenging regulatory responses, remediation action plans, and closure documentation
Significant experience in interpreting regulatory rules and regulations (e.g., SR letters, FFIEC, European Banking Authority, and PRA guidelines particularly in the areas of market, liquidity and credit risk management, regulatory capital and model risk management.)
Ability to identify risks and issues and escalate timely and effectively
Strong interpersonal and communication skills (both verbal and written) with an ability to present and effectively articulate your view to senior management
Critical and analytical thinker with attention to detail
Strong conflict management skills
Comfortable challenging ideas, communicating technical intricacies in transparent and concise manner and working in a global and dynamic environment
Provide effective review and challenge for critical regulatory remediation deliverables across the Bank including regulatory responses, remediation plans and outcomes, regulatory remediation program, and regional and global key deliverables in the areas of financial risk (credit, market, and liquidity risk) and model risk management
Perform critical analysis and independent review and challenge of bank's regulatory responses and remediation initiatives in order to identify critical gaps in advance of formal submission to regulators
Act as an advisor and provide guidance to business, finance and risk management functions relating to regulatory responses, remediation plans, and implementation of regulatory remediation programs
Ensure that regulatory remediation programs clearly articulate risk reduction and demonstrate enhanced control environment with evidence of design and operational effectiveness
Responsible for active stakeholder engagement by ensuring close collaboration with key stakeholders across the Bank
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
Team player with the ability to contribute to Bank's critical regulatory initiatives in a timely manner
Skills You'll Need
Extensive experience in financial services industry or consulting firm (e.g., risk and controls, audit, regulatory remediation/quality assurance, etc.) or regulatory agencies as a bank examiner (e.g., FRB, OCC, Federal Deposit Insurance Corporation)
Significant experience in reviewing and challenging regulatory responses, remediation action plans, and closure documentation
Significant experience in interpreting regulatory rules and regulations (e.g., SR letters, FFIEC, European Banking Authority, and PRA guidelines particularly in the areas of market, liquidity and credit risk management, regulatory capital and model risk management.)
Ability to identify risks and issues and escalate timely and effectively
Strong interpersonal and communication skills (both verbal and written) with an ability to present and effectively articulate your view to senior management
Critical and analytical thinker with attention to detail
Strong conflict management skills
Comfortable challenging ideas, communicating technical intricacies in transparent and concise manner and working in a global and dynamic environment