Overview
Skills
Job Details
Immediate need for a talented Strategic Remediation Control Officer. This is a 06+months contract opportunity with long-term potential and is located in New York(Hybrid). Please review the job description below and contact me ASAP if you are interested.
Job ID: 25-71499
Pay Range: $120 - $130/hour. Employee benefits include, but are not limited to, health insurance (medical, dental, vision), 401(k) plan, and paid sick leave (depending on work location).
Key Responsibilities:
- 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
Key Requirements and Technology Experience:
- Key skills; Remediation
- Risk and compliance
- Regulatory
- 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., Client, 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 Client 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
Our client is a leading Financial Industry, and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.
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