Vice President Regulatory Affairs

VP - Regulatory Policy

• Join a team responsible for regulatory advocacy and advising senior management on how regulatory developments may affect the firm's capital position.
• Evaluate the impact of existing and potential regulation on specific business activities, and advises desk heads on the regulatory capital implications of transaction structuring.
• Additional functions include regulatory capital rule interpretation, transaction advisory, board material preparation, capital planning, competitor analysis and disclosures.
• Communicate the impact of these developments to senior managers, businesses, risk departments and other affected areas
• Provide expertise and advice to businesses and to the Risk, Treasury and Controllers organizations on regulatory rules and changes, including internal capital, attribution of capital to businesses and competitor analysis
• Engaging in the supervisory process, including responding to regulator inquiries, annual assessments (at both the holding company and depository level) and continuous monitoring
• Preparing capital and stress testing materials for the firm's Board of Directors

Basic Requirements:

• REQUIRED - REGULATORY CAPITAL experience in a policy function at the Federal Reserve or a similar regulatory authority or another bank.
• Prior experience drafting advocacy in response to proposed regulatory rulemakings.
• Prior experience interpreting regulatory and supervisory guidance and drafting policies to implement those interpretations
• Prior experience evaluating the capital implications of proposed new activities or transactions
• Subject matter expertise in the definition of capital and in regulatory and supervisory requirements for capital planning