Job Information
Valley National Bank Enterprise Compliance Program Director in Jericho, New York
The Enterprise Compliance Program Director will support the Enterprise Chief Compliance Officer & Head of Regulatory Relations in management of the organization through strategy planning, department administration and management of programs and initiatives. The leader in this role will also be responsible for driving the execution of regulatory relations across the company to ensure engagements are coordinated and comprehensive.
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Responsibilities include but are not limited to:
- Support the CECO & Head of Regulatory Relations in all aspects of the management of the organization to ensure seamless operations and exemplary communication and performance, including developing a cohesive strategy, approach and structure for the Bank's enterprise-wide regulatory relations.
- Lead strategic Risk & Compliance program management initiatives related to people, processes and technology that will shape and drive excellence and delivery including around governance and reporting. Represent CECO in meetings/committees as needed to provide input and facilitate efficient decision making.
- Manage ongoing regulatory interactions and relationships across the company, including meetings and information requests, to strengthen regulatory relations, ensure consistency in communication across the Bank and proactively identify issues and risks that could impact the successful execution of regulatory engagements.
- Participate in high priority regulatory ad hoc projects across their lifecycle by identifying and structuring problems, analyzing root causes, developing solutions, communicating project results, and obtaining buy-in for change.
- Provide support in overseeing and managing regulatory examinations across Valley with a focus on ensuring regulatory expectations are addressed on a holistic and consistent basis.
- Conduct exam readiness assessments to ensure the organization proactively self-identifies issues and documentation is ready for submission.
- Support and advise more junior staff members in the execution of administrative requirements for regulatory exams and best approach to interactions and guidance on submissions provided to regulators.
- Support the business in developing regulatory presentations and preparing for regulatory engagements.
- Develop regulatory reporting dashboard summaries and insights for senior leaders on regulatory interactions, developments, and key findings.
- Support the development of appropriate and comprehensive responses and remediation plans when regulatory issues and concerns are identified.
- Establish strong relationships with key stakeholders and subject matter experts across the three lines of defense, including the relevant risk segments to ensure a more integrated approach to regulatory relations and to ensure consistent and clear communications to regulators.
- Champion the Bank's values and culture, serving as a role model and leader in embracing a culture of excellence, growth mindset, safety and soundness, and integrity.
- May be required to present information to the Board of Directors or a committee thereof.
Required Skills:
- Strong understanding of Regulatory Interactions with a background in exam management/coordination, management of regulatory meetings and information requests, in addition to experience with preparation of formal written responses.
- Ability to analyze various compliance problems or regulations and develop effective solutions.
- Excellent influencing, facilitation, and communication skills. Ability to build strong internal and external relationships.
- Exceptional writing skills, with ability to synthesize complex concepts and translate into effective presentations to external regulators and Senior Executives.
- Excellent organizational skills; ability to manage multiple high priority initiatives at once.
- Highly motivated with the ability to multi-task productively and collaboratively with keen attention to detail.
- Demonstrated experience managing and embracing transformations in a complex organization.
- Experienced in project management with excellent organizational, follow-up and time management skills.
- Excellent problem-solving capabilities, including problem structuring, data analysis and reporting skills and ability to translate information into insights and actionable recommendations.
- Intermediate to advanced PC skills for Microsoft Office -- PowerPoint, Word, Excel, and Outlook, Teams, Sharepoint.
Required Experience:
- Bachelor's Degree in related field.
- A minimum of 10 years of regulatory compliance or financial crime compliance related work in Financial Services industry.
Preferred Experience:
- Master's degree or J.D.
- Regulatory-facing role.
- CRCM Certification or CAMS.
Exact compensation may vary based on skills, experience, and location.
$140,100.00
$250,800.00
Valley National Bank is an Equal Opportunity / Affirmative Action Employer. All qualified applicants are encouraged to apply, and will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or other legally protected characteristics, and will not be discriminated against on the basis of disability.
Minimum Salary: 140100.00 Maximum Salary: 250800.00 Salary Unit: Yearly
