Regulatory Supervision Specialist FDIC Resolution Planning
Our client, a large financial services company, is currently looking to expand their regulatory function with two separate openings within their Regulatory Supervision team.
Both will play a critical role in ensuring compliance with FDIC Resolution Planning requirements and Insured Depository Institution (IDI) rules. This position will involve developing, implementing, and overseeing processes related to regulatory reporting, governance, and adherence to FDIC guidelines. The role will require collaboration with internal and external stakeholders to ensure the organization meets its regulatory obligations and effectively mitigates risks.
Key Responsibilities
Regulatory Compliance and Oversight
Interpret and implement FDIC Resolution Planning and IDI rules to ensure compliance.
Maintain detailed knowledge of regulatory requirements, including the Dodd-Frank Act, Title I (Resolution Planning), and Title II (Orderly Liquidation Authority).
Monitor regulatory changes and advise leadership on necessary adjustments to policies, processes, and strategies.
Resolution Planning
Develop and maintain the institutions Resolution Plan, including required documentation and submission in compliance with FDIC standards.
Coordinate with cross-functional teams (Risk, Finance, Operations, IT, and Legal) to gather data, assess risk, and support plan development.
Establish and manage governance frameworks for Resolution Planning processes and controls.
IDI Rule Compliance
Ensure adherence to the Insured Depository Institution rules, including compliance with deposit insurance coverage and regulatory reporting.
Partner with business units to establish and maintain procedures that support IDI compliance.
Conduct periodic assessments of compliance with IDI-specific requirements.
Stakeholder Engagement
Serve as the primary point of contact with regulatory agencies, including FDIC, for Resolution Planning and IDI rule compliance.
Support internal and external audits, examinations, and regulatory reviews.
Collaborate with stakeholders to address regulatory feedback and ensure timely remediation of identified issues.
Risk Assessment and Reporting
Conduct regular assessments to identify and mitigate regulatory compliance risks.
Prepare and present reports to senior management, the board, and regulators regarding the status of compliance efforts.
Develop training programs to enhance organizational understanding of FDIC and IDI requirements.
Qualifications
Bachelors degree in Finance, Law, Business Administration, or a related field.
Advanced degree (MBA, JD, or equivalent) or professional certification (e.g., CRCM, CAMS) preferred.
Minimum 5-7 years of experience in regulatory compliance, financial services, or a related field.
In-depth knowledge of FDIC Resolution Planning, IDI rules, and related regulatory frameworks.
Demonstrated experience interacting with regulatory agencies and managing regulatory examinations.
Apply Now
Both will play a critical role in ensuring compliance with FDIC Resolution Planning requirements and Insured Depository Institution (IDI) rules. This position will involve developing, implementing, and overseeing processes related to regulatory reporting, governance, and adherence to FDIC guidelines. The role will require collaboration with internal and external stakeholders to ensure the organization meets its regulatory obligations and effectively mitigates risks.
Key Responsibilities
Regulatory Compliance and Oversight
Interpret and implement FDIC Resolution Planning and IDI rules to ensure compliance.
Maintain detailed knowledge of regulatory requirements, including the Dodd-Frank Act, Title I (Resolution Planning), and Title II (Orderly Liquidation Authority).
Monitor regulatory changes and advise leadership on necessary adjustments to policies, processes, and strategies.
Resolution Planning
Develop and maintain the institutions Resolution Plan, including required documentation and submission in compliance with FDIC standards.
Coordinate with cross-functional teams (Risk, Finance, Operations, IT, and Legal) to gather data, assess risk, and support plan development.
Establish and manage governance frameworks for Resolution Planning processes and controls.
IDI Rule Compliance
Ensure adherence to the Insured Depository Institution rules, including compliance with deposit insurance coverage and regulatory reporting.
Partner with business units to establish and maintain procedures that support IDI compliance.
Conduct periodic assessments of compliance with IDI-specific requirements.
Stakeholder Engagement
Serve as the primary point of contact with regulatory agencies, including FDIC, for Resolution Planning and IDI rule compliance.
Support internal and external audits, examinations, and regulatory reviews.
Collaborate with stakeholders to address regulatory feedback and ensure timely remediation of identified issues.
Risk Assessment and Reporting
Conduct regular assessments to identify and mitigate regulatory compliance risks.
Prepare and present reports to senior management, the board, and regulators regarding the status of compliance efforts.
Develop training programs to enhance organizational understanding of FDIC and IDI requirements.
Qualifications
Bachelors degree in Finance, Law, Business Administration, or a related field.
Advanced degree (MBA, JD, or equivalent) or professional certification (e.g., CRCM, CAMS) preferred.
Minimum 5-7 years of experience in regulatory compliance, financial services, or a related field.
In-depth knowledge of FDIC Resolution Planning, IDI rules, and related regulatory frameworks.
Demonstrated experience interacting with regulatory agencies and managing regulatory examinations.
Apply Now