Who we are looking for:
The Head of Regulatory Interactions is a senior leadership position within State Street's Corporate Compliance Global Regulatory Liaison Office (GRLO). As a part of the GRLO, this role contributes to fostering a positive regulatory culture and promoting proactive interaction with regulatory agencies. The role reports to the Global Head of Regulatory Relations who reports to the Chief Compliance Officer.
The Head of Regulatory Interactions is responsible for managing the global regulatory interaction program. In this role you will work closely with the Head of Regulatory Relations to develop and execute the firm's regulatory engagement strategy. This role is highly visible within the organization and involves regular interactions with senior business and functional leaders. You will lead a small team of professionals.
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This global role requires in-depth experience and understanding of regulatory agencies supervisory process, excellent communication skills and ability to influence a wide variety of stakeholders, including regulators.
The role can be performed in a hybrid model, where you can balance work from home and office (four days onsite and one day remote).
Preferred Location: Boston (MA) and New York (NY), however we will also consider applicants from Arizona, California, Connecticut, Florida, Kansas, Missouri, New Jersey, North Carolina, Pennsylvania, Texas.
What you will be responsible for:
- Contributing to the formulation and execution of the regulatory strategy by assessing areas of supervisory focus, monitoring the regulatory landscape, and evaluating regulatory intelligence
- Establishing and maintaining a proactive engagement and coverage plan for key regulators globally to facilitate continuous interactions and promote interactions with key stakeholders across the firm
- Implementing firmwide regulatory interaction requirements and protocols to manage relationships with regulators, including processes to ensure adherence
- Acting as advisor and coach to guide business and functional partners, creating briefing materials and providing credible review in preparation for successful interactions with regulators
- Tracking and reporting on interaction quality and cadence, regulatory themes and focus areas across regulatory regimes
- Responsible for global collaboration and communication around regulatory themes and focus
- Providing oversight and guidance on the quality and sufficiency of regulatory responses and ensuring adherence to enterprise-wide requirements
Education and Preferred Qualifications:
- Minimum of least 14 years of management in financial services experience in any of the following disciplines: Bank Regulator or Examiner, Compliance, Audit or equivalent work experience
- Sound understanding of regulatory agency supervisory process and experience working with regulators
- Demonstrated effective written and verbal communication skills, including the ability to communicate technical topics in concise terms
- Ability to manage multiple projects and deadlines simultaneously
- Knowledge and experience associated with Bank products
- Bachelor's Degree in Business Administration, Finance or Accounting preferred
What we offer
Wide range of benefits, including:
- Medical
- Prescription Drug
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSAs)
- Dental
- Vision
- Employee-Paid Life and Accidental Death & Dismemberment (AD&D) Insurance
- Employee-Paid Long-Term Disability
- Critical Illness Insurance
- Accident Insurance & Hospital Indemnity Insurance
- Business Travel Accident Insurance
- Short-Term Disability
- Identity Theft Protection
- Legal Benefits
- BeWell Programme
- Paid Time Off
- Employee Assistance Program (EAP)
- Salary Savings Program (SSP)
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
$170 000 - $267 500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.