(strong(Job Details:(/strong( (strong(MANAGER COMPLIANCE RISK ASSESSMENT AND REGULATORY CHANGE(/strong((br((br((strong(WHAT IS THE OPPORTUNITY?(/strong((br((br(Responsible for CNB’s compliance risk assessment processes, regulatory change processes, and issues management processes.
This position will oversee the compliance risk assessment process and develop and implement the regulatory change management system.
This process engages front line business units across the bank, to inventory their regulatory themes, associated controls and effectiveness of controls for each area and works closely with Compliance Advisors to implement the program.
These areas are required to implement the Compliance Program elements.(br((br((strong(Compliance Risk Management Division(/strong((br(This is a great opportunity to grow your career with a stable and expanding organization as a member of City National’s Compliance Risk Management team.
The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.(br((br((strong(WHAT WILL YOU DO?(/strong((br((br((ul((li(Manage and cultivate a team of compliance professionals with a focus on compliance risk assessment and regulatory change management.(/li((li(Oversee and enhance the compliance risk assessment processes of the bank with an attention to regulatory expectations and alignment with RBC processes.
Develop process for continued evolution of compliance risk assessment process to assure improvement of processes.(/li((li(Create relationship strategy and process flow with front line compliance risk management teams to efficiently and periodically update compliance risk assessments(/li((li(Develop engagement model with second line compliance advisors for review and challenge of compliance risk and control inventories.
Oversee annual compliance risk assessment review and challenge process.(/li((li(Develop and implement appropriate compliance risk assessment reporting for annual process and ongoing updates.(/li((li(Develop and implement process with compliance advisors to identify applicable and appropriate regulatory communications for front line consumption and potential implementation.(/li((li(Develop, implement, and oversee an automated regulatory change management process in alignment with regulatory expectations and industry standards.
Oversee and direct the regulatory change management system to ensure business unit regulation inventories are established, while business units monitor and assess applicable regulations and changes.(/li((li(Work closely with the bank’s project management office to develop appropriate regulatory readiness standards, reporting, and key risk indicator metrics.
Report upon timeliness of regulatory change implementations by business units and track regulatory readiness as assessed by business units.(/li((li(Provide compliance advisors with consolidated regulatory inventories for regulatory compliance and reliance models.(/li((li(Assist with TPRM monitoring review and challenge assignments.
Complete required training administered through the CNB’s compliance training program.
Support regulatory policy updates as required.(/li((/ul((br((br((strong(WHAT DO YOU NEED TO SUCCEED(/strong((br((br((strong(Must-Have*(/strong((br((ul((li(Bachelor’s Degree Banking, Finance or Law(/li((li(Minimum of 10 years of experience in banking, compliance, regulatory change management or risk assessment And(/li((li(Minimum 5 years experience with managing projects or processes And(/li((li(Minimum 5 years of experience using regulatory change management systems or assessing regulatory changes And(/li((/ul((br((strong(Skills and Knowledge(/strong((br((ul((li(Ability to influence/motivate others to produce desired results.(/li((li(Ability to handle problem situations with colleagues effectively and take appropriate action.(/li((li(Ability to operate effectively in a fast paced environment.(/li((li(Strong ability to work in a complex team environment requiring exceptional communication, project management and organizational skills.(/li((li(Working knowledge of bank technology and systems.(/li((li(Experience in regulatory change management.(/li((li(Excellent analytical, verbal and written communication skills.(/li((li(Excellent attention to detail and follow-up skills.(/li((li(Ability to perform functional duties and related positions with minimal supervision.(/li((li(Excellent verbal and written communication skills; excellent interpersonal/customer service skills; broad knowledge of regulatory requirements.(/li((li(Ability to analyze complex situations and provide guidance, makes recommendations, and/or escalates the issues to appropriate level of management.(/li((li(Ability to multi-task and switch gears to work on special projects.(/li((li(Exceptional PC skills required, including all Microsoft Office applications.(/li((/ul((br((br((strong(*To be considered for this position you must meet at least these basic qualifications(/strong((br(The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification.
It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.(br((br((strong(INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT(/strong((br(City National Bank is an equal opportunity employer committed to diversity and inclusion.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.(br((br((strong(ABOUT CITY NATIONAL(/strong((br((br(We start with a basic premise: Business is personal.
Since day one we’ve always gone further than the competition to help our clients, colleagues and community flourish.
City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today.
City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.(br((br(In order to be hired and work at City National Bank, you must be fully vaccinated against COVID-19.(br((br( Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled