Director, Regulatory Risk-Financial Services
Company: Cross Country Consulting
Location: Boston
Posted on: October 22, 2024
Job Description:
CrossCountry Consulting is a trusted business advisory firm,
specializing in Accounting Advisory, Business Transformation, Risk
& Compliance, Cybersecurity, and Technology Solutions.As a
Director, you will serve as a member of our leadership team to
create, develop, and build our presence in the Boston market. You
will play a pivotal role in being responsible and guiding our
clients to design and develop solutions related to the evolving
regulatory compliance landscape within the Financial Services
industry. The candidate must possess the experience and the ability
to implement industry standards and best practices to assess,
advise, design, and/or recommend complex, enterprise-wide,
regulatory compliance, and/or risk management, policies and
procedures, methodologies, toolkits, and templates.Client Delivery
(-45%)
- Lead a team of consultants responsible for developing,
implementing, and monitoring regulatory compliance programs and
designing and implementing policies, processes, and procedures in
compliance with regulations.
- Provide guidance and strategic planning to client business
units on regulatory compliance controls.
- Perform testing of business processes and outputs for
compliance with applicable laws and regulations.
- Responsibility for quality control of client work product.
- Contribute to add-on/cross sell revenue generation with
existing clients and develop business with new clients.
- Strong knowledge of some or all of the following regulatory
reports and regulatory metrics:
- - FDIC Call/FR Y-9C/FR Y-9LP
- - FR Y-14A, FR Y-M, FR Y-Q
- - 2052A/FINRA Weekly Liquidity Reporting
- - LCR/NSFR
- - Risk-Based Capital and Leverage Ratios
- - Analytics to detect potential compliance breaches and advise
compliance management of issues.
- - Dodd Frank Act or components thereof (e.g. Volcker
Rule).Practice Leadership (-10%)
- As a leader in the Risk Advisory practice supporting the Boston
market, including assisting in setting the growth strategy in line
with CrossCountry's Core Values and other operational areas:
- Account management: oversee client engagements, maintain strong
relationships with senior client personnel, and have a solid
understanding of clients' business.
- 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.
- Thought leadership: share expertise in technical domain(s) with
team members and clients, including case studies, white papers,
learning materials, and other resources.
- Serve as a key leader in our Risk Advisory practice by guiding
and directing strategic firm initiatives around ERM and Regulatory
operations, process and technology capabilities.Business
Development (-45%)
- Actively pursue business development opportunities and market a
full range of risk and compliance services to prospective clients
including using existing relationships to generate new
opportunities.
- Foster culture of growth and a business development mindset and
act as a thought leader in the market.
- Sales, Delivery, Solution Development and Practice Leadership
across the following focus areas:
- Regulatory reporting transformation including Federal Reserve,
FDIC and OCC.
- Remediation of regulatory risk matters encompassing liquidity,
interest rate, credit and operational risks.
- Design and implementation of financial and operational risk
platforms.
- Capital markets and trading operations and reporting.
- Operating model assessment and design and Risk Management
Framework assessment and design.What you'll bring:
- 12+ years of applicable consulting and delivery around
Regulatory Reform projects, specifically as it relates to Risk
Management 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 enhanced prudential standards,
resolution/recovery planning and various Basel Accords.
- Experience in the business planning impacts of regulation and
the strategic implementation of new and evolving requirements.
- Knowledge of technology and data solutions to support:
- Stress Testing, Regulatory Reporting, Interest Rate and
Liquidity Risk Reporting, Market, Operational and Credit Risk
Reporting.
- Strong knowledge of commercial/retail banking and capital
markets products (e.g., Commercial/Retail Loans, Interest Rate
Derivatives, Fixed Income Securities, Repo, etc.).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
discipline.#LI-JF1#LI-HybridFor applicants located in Boston,
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
$160,000 - $326,000 per year + annual bonus + additional
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, diverse, 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 status, pregnancy, genetics, sexual orientation,
protected veteran status, gender identity or expression or any
other characteristic protected by federal, state or local laws.
This policy also complies with pay transparency and labor laws and
applies to all terms and conditions of employment, including
recruiting, hiring, placement, promotion, termination, layoff,
recall, transfer, leaves of absence.
#J-18808-Ljbffr
Keywords: Cross Country Consulting, Manchester , Director, Regulatory Risk-Financial Services, Accounting, Auditing , Boston, New Hampshire
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