Hybrid Regulatory Change Management Program Manager, Vice President

at State Street

• Job title: Regulatory Change Management Program Manager, Vice President
• Job type: Full Time
• Experience level: Lead
• Salary: $110,000 - $177,500 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Boston, United States

About the role

• Regulatory Change Management Program Manager leading RegTech vendor solution implementation for financial services. Collaborating with stakeholders to enhance regulatory change management processes and reporting.

Responsibilities

• Lead the day-to-day implementation of a RegTech vendor solution to optimize and scale the regulatory change management program
• Interact with the vendor contacts on a daily basis to research and resolve production issues, perform root cause analysis and collectively determine solutions and next steps
• Manage the implementation plan, including related risks and dependencies, and proactively address roadblocks escalating, as necessary
• Serve as the primary contact for stakeholders across the lines of defense on implementation
• Analyze existing processes in place to support the regulatory change management program and identify gaps and improvement opportunities, which may include revising business requirements to enhance system functionality, control development and/or procedural changes
• Develop and maintain procedures, guidance and job aids to support execution of the regulatory change management program
• Embed oversight and monitoring controls within the processes supporting the regulatory change management program
• Create and deliver training to stakeholders across the lines of defense on the RegTech vendor solution and accompanying program changes
• Coordinate with the firm’s risk assessment program teams (Risk and Control Self-Assessment, Compliance Risk Assessment) to support input of regulatory changes into these assessments
• Develop and implement key metrics to monitor execution of the regulatory change management program
• Prepare periodic reporting for senior management and governance bodies on implementation progress and regulatory changes
• Act as a champion for change fostering collaboration and ensuring stakeholder buy-in

Requirements

• Bachelor’s degree or equivalent
• Minimum of 10+ years’ work experience in compliance, risk or legal within the financial services sector (large bank experience a plus)
• Minimum of 5+ years direct work experience with designing and/or executing regulatory change management programs
• Experience with RegTech vendor providers
• Sound understanding of Federal Reserve SR 08-8
• Ability to work with team members and stakeholders across the all regions. This will include some meetings and calls at early or late times as necessary.

Benefits

• Retirement savings plan (401K) with company match
• Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
• Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
• Access to Employee Assistance Program
• Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
• Eligibility for certain tax advantaged savings plans