Vice President Regulatory Affairs

Nevis Recruiting Group Inc; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

Nevis Recruiting Group Inc. is seeking a regulatory capital policy professional to advise senior management on the impact of regulatory developments on the firm’s capital position.

The role involves evaluating regulatory implications for business activities and guiding desk heads on capital considerations during transaction structuring. Responsibilities include interpreting regulatory guidance, drafting policies, advising risk, treasury and controllers on capital rules, and supporting the

Qualifications

• REQUIRED regulatory capital experience in a policy function at the Federal Reserve or a similar regulatory authority or another bank.
• Experience drafting advocacy in response to proposed regulatory rulemakings.
• Experience interpreting regulatory and supervisory guidance and drafting policies to implement those interpretations.
• 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.

Responsibilities

• Advise 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 advise desk heads on regulatory capital implications of transaction structuring.
• Provide expertise and advice to businesses and to Risk, Treasury and Controllers on regulatory rules and changes, including internal capital and competitor analysis.
• Engage in the supervisory process, including responding to regulator inquiries and annual assessments at holding company and depository levels.
• Prepare capital and stress testing materials for the firm's Board of Directors.

Skills

Regulatory capital

Policy advocacy

Regulatory interpretation

Capital planning

Risk communication

Job description

• 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