VICE PRESIDENT/SENIOR VICE PRESIDENT, EMERGING TECHNOLOGY

The Bank Policy Institute; Washington (District of Columbia); On-site; USD 250,000 - 375,000; Full time

Job summary

The Bank Policy Institute is seeking a Vice President/Senior Vice President for Emerging Technology to influence policies on AI, blockchain, and more. The role involves leading initiatives, developing strategic directions, and engaging with federal agencies while providing the necessary expertise in financial services and technology.

Benefits

Health and dental insurance

Generous retirement savings plans

Tuition reimbursement

Student loan repayment assistance

Commuting assistance

Qualifications

• Minimum of a B.S./B.A. in a related field required.
• Experience in technology strategy and implementation is beneficial.
• Previous regulatory agency experience is a plus.

Responsibilities

• Drive industry efforts on emerging technologies including AI and blockchain.
• Develop policies and frameworks for technology implementation.
• Communicate advocacy positions to regulators and public.

Skills

Risk management practices

Analytical skills

Decision-making skills

Problem-solving skills

Client management

Leadership skills

Education

B.S./B.A. in technology management, risk, operations, policy or business

Advanced degree preferred

Job description

Job Details

Job Location: Corporate Headquarters - Washington, DC

Salary Range: Undisclosed

Description

Position Title: Vice President/Senior Vice President, Emerging Technology
Department: BITS – Technology Policy
Reports to: EVP, Head of BITS
Job Type: Full Time, Exempt
Salary Range: $250,000 - $375,000 annually

Who Are We, Mission of Organization:

The Bank Policy Institute (BPI) is a nonpartisan public policy, research, and advocacy group, representing the nation’s leading banks. Our members include universal banks, regional banks, and the major foreign banks doing business in the United States plus investment management firms, insurance companies, financial market utilities, processors, and card companies via our BITS Affiliate program. BITS is the technology policy division of the Bank Policy Institute. BITS provides an executive-level forum to discuss and promote current and emerging technology, foster innovation, reduce fraud and improve cybersecurity and risk management practices for the nation’s financial sector. Our staff includes information technologists, economists, researchers, financial and policy analysts, government relations professionals, and attorneys, all focused on using data and analysis to shape sound practices and policy.

Position Overview:

This position will help drive critical industry efforts to shape the future of emerging technologies in areas such as AI, cloud implementation, blockchain, quantum computing, etc. with a focus on business use. Working with member firms, the role will help develop and modernize policies for current and emerging technologies, support technical and operating capabilities, and work on public/private initiatives with regulators and other government agencies to improve financial institutions’ ability to protect consumers, customers and our economy.

The emerging technology professional will support industry initiatives that are part of the BITS Program and support the work of the BITS team and BPI overall. With the input and direction of members, this position will be responsible for helping set the program’s strategic direction, prioritizing and executing on key projects, influencing policy direction and leading cross-industry initiatives. This candidate will also play a lead role in developing and communicating BPI’s advocacy positions to regulators, Congress, other government agencies and the public.

This individual will be expected to apply their experience in financial services, emerging technology, operations and policy to develop and lead project initiatives, draft comment letters, research and publish topical papers, and issue other advocacy-related materials (e.g., blogs, advisories, etc.). This role will participate and present on topics in meetings with senior bank executives, regulators, and other policymakers and the individual will be expected to actively lead and participate in public-private dialogues on these topics.

Functions and Responsibilities:

• Work with BITS members to examine current capabilities and the impact of new technologies (e.g., AI, intelligence tools, quantum computing, etc.) to develop or adapt policies, inform regulators’ understanding of the technology and support firms’ implementation of effective practices.
• Serve as a recognized leader who can develop strategy, build consensus on BPI’s advocacy positions on emerging technology, assess technology’s impact on privacy and security, and execute on behalf of senior technology, policy and business executives at BPI member firms.
• Work directly with BPI member banks, BITS’ Affiliates, and other stakeholders to research, compile, and synthesize information to support the development of regulatory comment letters, white papers, blogs, and other written materials.
• Develop effective practices and successful strategies, write guidelines, and develop advisories to improve security during an accelerated period of technological change.
• Manage financial-sector and cross-sector initiatives focused on sharing approaches to AI implementation and evolving threats, including fostering collaboration with key external stakeholders such as technology service providers and other market participants.
• Meet regularly with federal agencies, including the Treasury Department, Office of Science and Technology Policy, Cybersecurity and Infrastructure Security Agency/DHS, law enforcement, and the federal banking agencies to advocate BPI’s positions on emerging technology and security.
• Lead or assist with planning C-suite meetings, working group meetings, symposia, and other events, including designing agendas, identifying speakers, and facilitating panel discussions.
• Closely monitor the activities of federal and state agencies on matters of importance to BPI members and provide timely and succinct reports.
• Collaborate with BPI colleagues in areas such as cybersecurity, fraud reduction, AML/sanctions, regulation, critical infrastructure protection, data management, consumer, AML/sanctions, privacy and 3rd party risk management.

Knowledge, Skills, and Abilities:

• Knowledge of the financial services industry, risk management practices and applicable regulatory requirements.
• Prior roles in emerging technology, development, product or business management or operating areas with a keen understanding of technology implementation and on-going platform support.
• Experience at a regulatory agency, in the financial services industry, or at a law/consulting firm with a strong knowledge of security, critical infrastructure, technology regulation or use of 3rd party services (e.g., cloud, SaaS, etc.) a plus.
• Excellent analytical, decision-making, and problem-solving skills.
• Ability to work in a fast-paced environment and execute concurrent projects or initiatives.
• Concise, accurate, and effective written and oral communications, including with senior executives as well as technical/operating staff.
• An effective and proven leader who possesses a strong work ethic with the ability to work both independently and as part of a team to complete projects.
• Advanced client management, diplomacy, and people skills.

Education:

• Minimum of a B.S./B.A. in related technology management, risk or operations, policy or business field required.
• Advanced degree preferred but not required.
• Experience in technology strategy, technology implementation, business/technology product management, security, or governance and risk management with demonstrable leadership capabilities.

BPI seeks to attract and retain top talent by offering a competitive compensation package that includes excellent health and dental insurance, generous retirement savings plans, tuition reimbursement, student loan repayment assistance and commuting assistance (either bike, Metro or parking).

This is a Washington, DC-based position, and the successful candidate generally will be expected to work in BPI’s DC office Monday-Thursday each week, with the option to work remotely 20 days per year. Fridays are typically work-from-home days.

All applicants must be authorized to work lawfully in the United States for BPI. BPI will not sponsor or take over sponsorship of employment visas.

Qualifications