Associate Director - Regulatory Risk (Financial Services) (NY)

Logoslabs; San Francisco (CA); Hybrid; USD 133,000 - 284,000; Full time

Job summary

CrossCountry Consulting in the United States is seeking an Associate Director to lead risk and regulatory transformation programs for Financial Services clients. You will guide client engagements, mentor junior staff, and drive business development initiatives to expand service delivery.

You will design and implement risk and compliance frameworks, monitor regulatory changes, and present findings to executives. A background in large professional services and banking regulations is essential.

Qualifications

• 9+ years of consulting and delivery in risk and regulatory strategy.
• Experience in professional services, large firms preferred.
• Knowledge of LFI, prudential standards and Basel accords.
• Understanding SR 16-11, SR 11-7, FFIEC, DFAST/CCAR.
• Experience with risk data solutions and technology.
• Strong banking and capital markets product knowledge.
• Excellent communication and presentation skills.
• Coaching and development of junior staff.
• Recruiting and retention responsibilities.

Responsibilities

• Lead FS client engagements to design and implement risk and compliance programs.
• Develop frameworks, operating models, policies and processes for regulatory compliance.
• Provide strategic planning support on risk issues to business units.
• Perform risk gap analyses and maturity assessments.
• Collaborate on design and testing of controls and outputs.
• Monitor regulatory trends and emerging risks in the US.
• Support business development and cross-sell opportunities.
• Remediate regulatory findings across risk areas.
• Deliver presentations and trainings to executives.
• Lead and mentor junior team members.

Skills

Risk management

Regulatory strategy

Transformation

Client delivery

Business development

Education

Bachelor’s degree or higher

Tools

GRC software

Job description

From the beginning, our goal was to establish an advisory firm that stands apart from the rest – one that is grounded in our Core Values and dedicated to creating a positive experience not just for our clients, but for our people too. We firmly believe in the strength of collaboration, enthusiasm, generosity, and perseverance as the driving forces behind our success. With advisory solutions spanning accounting and risk, technology-enabled transformation, and transactions, we partner with our clients to solve today’s challenges and deliver present and future value.

Our commitment to our people has earned us numerous awards including Inc5000's Fastest Growing Companies and Glassdoor's Best Places to Work. Explore what our employees have to say about our unique culture by clicking here.

By joining our rapidly growing Business Transformation practice you will serve as a trusted partner to our clients. You’ll bring your first-hand experience, unique perspectives, and functional knowledge to deliver tailored integrated solutions that help our clients solve today's challenges and set the foundation for future success. As an Associate Director at CrossCountry Consulting you will be responsible for a mix of client delivery, leading teams and developing junior team members, and participating in business development activities.

What You’ll Do:

• Work with Financial Services (FS) clients to understand their risk strategy, transformation opportunities and regulatory challenges
• Lead client engagements to develop, implement risk and compliance programs in line with FS regulatory guidance including designing and implementing frameworks, operating models, policies, processes, and procedures in compliance with regulatory requirements for clients across the 3 lines of defense
• Provide guidance, insights and strategic planning support to client business units on issues related to FS Risk Transformation, remediation and compliance with regulatory guidance across financial and non-financial risk areas
• Perform risk program gap analysis & maturity assessments including recommendation & prioritization reporting
• Collaborate with clients to drive the design/Rationalization & testing of business process controls and outputs for compliance with applicable laws and regulations
• Monitor applicable Financial Sector U.S. Federal and State regulations, stay up to date on industry trends and emerging risks
• Contribute to add-on/cross sell revenue generation with existing clients and develop business with new clients
• Remediation of regulatory findings/issues across non-financial and financial risk areas
• Provides thought leadership to executive audiences
• Deliver effective presentations & training across all levels of an organization as required
• Strong knowledge of the following regulatory reports and regulatory metrics:
• Deep expertise in Banking and Capital Markets
• Solid understanding of US and State Regulatory Agencies (e.g. OCC, FDIC, FRB, SEC, CFTC etc.)
• Advanced knowledge of multiple risk management disciplines, strategies, regulations, controls, procedures and processes Experience leading the design/execution of risk assessment frameworks and methodologies to identify, assess, measure, monitor and control non-financial and financial risks
• Experience monitoring regulatory trends
• Experience developing risk metrics and reporting and Issues Management

What You'll Bring:

• 9+ years of applicable consulting and delivery around Risk & Regulatory strategy and transformation projects, specifically as it relates to Risk Management program enhancement, regulatory remediation and Compliance
• Prior experience in professional services (public accounting or advisory firm), preferably at a large, global accounting firm or with a management consulting firm
• Experience in LFI, enhanced prudential standards, resolution/recovery planning and various Basel Accords
• Solid understanding of applicable regulations (e.g. SR 16-11, SR 11-7, FFIEC, DFAST/CCAR etc.)
• Experience in regulation impact analysis and the strategic implementation of new and evolving requirements
• Knowledge of technology and GRC data solutions to support
• Strong knowledge of commercial/retail banking and capital markets products (e.g., Commercial/Retail Loans, Interest Rate Derivatives, Fixed Income Securities, Repo, etc.)
• Excellent communication and presentation skills
• Coaching and Development: provide coaching and training opportunities for team members leveraging individual skills and the firm’s people first culture.
• Recruiting and Retention: take an active role in attracting, interviewing, hiring and retaining top talent

Travel:

• Willingness to travel domestically up to 20%-30% (varies by client)
• Availability to work on client site or in office 3 days a week, with 2 days remote (hybrid environment)

Education:

• Bachelor’s degree (or higher) in Accounting, Business, Finance, Information Systems, or other technical disciplines

For applicants located in New York, CrossCountry Consulting is required to include an estimate of the compensation range for this role. The following range takes into account a wide range of factors including but not limited to, skills, experience, education, licenses, certifications, business needs, and internal equity. An estimate of the current range is $133,000 - $284,000 per year + annual bonus + additional benefits.

Benefits Summary

The CrossCountry total rewards package includes comprehensive healthcare options, including medical, dental, and vision coverage; flexible spending accounts; and a 401(k) with company matching. Additionally, employees can take advantage of generous parental and maternity leave policies, technology stipends, and wellness reimbursement programs, all designed to support both professional growth and personal well-being. For detailed information about benefits at CrossCountry, please visit our dedicated benefits site: https://www.crosscountry-consulting.com/careers/benefits/.

Equal Employment Opportunity (EEO)

CrossCountry provides equal employment opportunities (EEO) to all employees and applicants for employment and believes that respect and fair treatment are critical to creating a productive and inclusive workplace.

As an equal opportunity employer, CrossCountry is fully committed to comply with all federal, state, and local laws and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability, pregnancy, genetics, sexual orientation, veteran status, gender identity or expression or any other protected characteristic. The company also complies with pay transparency and labor laws applicable to all terms and conditions of employment.