About the firm:

The firm is the heart of the post-trade market infrastructure for the global financial services industry. From 21 locations all over the world, the client, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. In 2020, their subsidiaries processed securities transactions valued at more than U.S. $2.3 quadrillion.

Job Description:

• As part of the Regulatory Relations Group, the Executive Director of Regulatory Relations is Primarily responsible for handling the management and oversight of responses to regulatory requests, including inquiries, reviews, and examinations.
• They will also be involved in the full panoply of issues attendant to a supervisory Regulatory Liaison function including, acting as a liaison and central point of contact on regulatory issues with staff from regulatory agencies at many levels, providing regulatory advice and reporting to the Organization, and informing regulatory policy.

Responsibilities:

• Involvement in full panoply of issues and interactions attendant to a supervisory Regulatory Liaison function
• Supervisory regulatory inquiries, requests and examinations including inquiries, reviews, and examinations of the firm's domestically regulated systemically important financial market utility subsidiaries by the Securities and Exchange Commission (SEC), Federal Reserve Bank of New York (FRBNY) and New York State Department of Financial Services (NYSDFS), as well as responses to inquiries, reviews and examinations of the firm's other regulated entities by domestic and global regulators with supervisory oversight;
• Identify issues gleaned from regulatory interactions and analysis, and work with business units and senior management to address them.
• Interact with many levels of staff from supervisory regulatory authorities, including leading discussions on supervisory issues.
• Provide regular feedback to relevant business and functional units, as well as senior management in connection with regulatory issues

Qualifications:

• 15+ years minimum or related experience
• Bachelor's degree preferred with master's or equivalent experience

Additional Qualifications:

• 10+ years' experience with broad and deep knowledge of laws, governing rules and industry practices garnered within a financial services firm in a related function such as Legal, Compliance, Regulatory Relations or Risk, a regulatory agency or a professional services firm in a role focused on regulatory matters/issues.
• Strong knowledge of financial services industry.
• Understanding of regulatory framework, regulatory agencies, and regulatory staff.
• Experience with regulatory responses and supervisory process; excellent written, verbal and analytical skills.
• Ability to understand and articulate issues to regulators at all levels.
• Ability to multi-task in dynamic environment.
• Attention to detail and follow-up
• Collaborative and hands-on approach to problem-solving; high ethical standards.