Director, Regulatory Risk - Financial Services

Remote; San Francisco (CA); Hybrid; USD 150,000 - 210,000; Full time

Job summary

CrossCountry Consulting is seeking a Director who will act as a trusted partner to our Financial Services clients, delivering risk and regulatory transformation programs across the three lines of defense while leading engagements and developing teams.

You will mentor staff, shape client delivery, and contribute to business development, helping clients meet evolving regulatory requirements with practical frameworks and training.

Qualifications

• 12-15 years of applicable consulting and delivery in Risk & Regulatory strategy and transformation.
• Experience in professional services (public accounting or advisory firm), preferably at a large global firm.
• Willingness to travel domestically up to 20-30%.
• Hybrid work: 3 days on-site with 2 days remote.
• Bachelor’s degree in Business, Finance, Information Systems, or other technical disciplines.

Responsibilities

• Work with Financial Services clients to understand their risk strategy, transformation opportunities, and regulatory challenges.
• Lead client engagements to develop and implement risk and compliance programs to meet evolving regulatory guidelines across the 3 lines of defense.
• Provide guidance and strategic planning support on FS Risk Transformation and remediation.
• Perform risk program gap analysis and maturity assessments with recommendations.
• Collaborate with clients to design and test business process controls for compliance.
• Monitor regulatory trends and emerging risks to shape the practice's strategy.
• Remediate regulatory findings across risk areas.
• Deliver presentations and trainings across all levels of an organization.
• Mentor team members with coaching and performance reviews.
• Contribute to talent acquisition and retention and help hire top talent.
• Participate in business development to market services to clients.

Skills

Banking & Capital Markets

Regulatory agencies familiarity

Risk management frameworks

Regulatory remediation

Consulting delivery

Business development

Education

Bachelor’s degree in Business, Finance, Information Systems

Tools

GRC data solutions

Job description

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 a Director at CrossCountry Consulting, you will be responsible for a mix of client delivery, leading teams and developing 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 and implement risk and compliance programs to meet the evolving regulatory landscape and in line with FS regulatory guidance, including designing and implementing frameworks, operating models, policies, processes, and procedures across the 3 lines of defense that align with the size and complexity of their organization

• 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

• Actively monitor applicable Financial Sector U.S. Federal and State regulations, industry trends, and emerging risks to drive the practice's strategic direction by identifying new opportunities and developing innovative services and solutions that meet evolving market needs.

• Remediation of regulatory findings/issues across non-financial and financial risk areas

• Deliver effective presentations and trainings across all levels of an organization as required

• Mentor team members by coaching colleagues, providing regular ongoing feedback and annual performance reviews, and helping project teams resolve multi-faceted issues

• Contribute to talent acquisition and retention efforts, participating in attracting, interviewing, and hiring top talent who embody our core values

• Actively participate in business development opportunities and market a full range of services to prospective clients including using existing relationships to generate new opportunities

What You'll Bring

• Deep expertise in Banking and Capital Markets

• Solid understanding/prior experience working with 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 in monitoring regulatory trends

• Experience developing risk metrics and reporting, and Issues Management

• 12-15 years of applicable consulting and delivery around Risk & Regulatory strategy and transformation projects, specifically as it relates to Risk Management program build out/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

• Deep Experience working in and understanding a complex FS regulatory environment and working with regulatory agencies/exam teams

• Solid understanding of applicable non-financial and financial regulations and requirements (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

• Strong understanding of key areas of regulatory focus/priority (e.g., Third-Party Risk Management, AML/BSA, Model Risk Management, Technology/Info Sec, Credit/Fair Lending, etc.)

• Knowledge of technology and GRC data solutions

• Strong knowledge of commercial/retail banking and capital markets products (e.g., Commercial/Retail Loans, Interest Rate Derivatives, Fixed Income Securities, Repo, etc.)

Qualifications

• 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)

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