IT Regulatory Officer
Company: First Citizens Bank
Location: Selma
Posted on: May 8, 2024
Job Description:
Overview: The IT Regulatory Officer will serve as the primary
interface with regulators and regulatory relations. Manage exams,
coordinate regulatory communications, and provide consultative
services. Engage with stakeholders amongst senior leadership team.
Assists in preparing materials for regulatory interactions.
Responsible for all regulatory interactions across IT, including
direct engagement with executives and regulators. Consulted as the
subject matter expert in regulatory interactions and
communications. In addition, provide assessment and oversight of
regulatory compliance within IT. This position will be 3 days in
the office and 2 days remote, in Raleigh, NC Responsibilities:
- Lead Regulatory Exams: Responsible for managing all aspects of
exams performed by primary regulators, in consultation with
Regulatory Relations and the IT senior leadership team. Provides
direction, oversight, and management to all aspects of regulatory
exams, reviews, and continuous monitoring activities, ensuring
complex internal information from multiple business partners flows
effectively and efficiently to primary regulators. Responsible for
preparation of materials, providing dry-run for speakers, review of
content, capture of meeting notes, organization of follow-ups, and
reporting of sentiments to ITRC and IT SLT, including potential
areas of concern.
- Regulatory Presentations: Accountable for developing materials
for periodic OGS/OGM meetings with regulators in consultation with
IT senior leadership team
- Evaluating Risk Assessments: Responsible for providing
regulatory schedule and focus to Control Management team, and
incorporating results from the risk assessments in the preparation
for regulatory exams. Consulted in the specific activities in scope
for risk assessments.
- Evaluating Regulatory Requirements: Responsible for assessing
the regulatory compliance requirements for IT, including AML/BSA,
Deposits, Lending, CRA/HMDA/Fair Lending, Financial Products,
Privacy, and Safety and Soundness regulations. Provide oversight of
requirements. Qualifications:
Bachelor's Degree and 7 years of
experience in Financial Services, Risk Management, Legal,
Regulatory Examination, or Compliance OR High School Diploma or GED
and 11 years of experience in Financial Services, Risk Management,
Legal, Regulatory Examination, or Compliance
Preferred Education: Master's Degree
/ MBA
Preferred Area of Study: Legal or
Business Administration
Preferred Area of Experience:
Regulatory Relations or Legal in an IT organization
License or Certification Type: CRISC
- Certified in Risk and Information Systems Control , CISA -
Certified Information Systems Auditor , CIA - Certified IT Auditor
Skill(s):
-
- Knowledge of financial sector regulatory practices for a large
financial institution (LFI)
- Knowledge of various banking and government regulatory
requirements and processes,
- Ability to effectively communicate regulatory information to
technical, management, regulators, and executive audiences,
- Ability to bring resolution to complex inquiries/issues
involving multiple stakeholders,
- Knowledge of risk techniques and practices,
- Experience managing risk, performing governance activities, and
risk assessment activities in Large Financial Institutions (> 5
years)
- Experience with assessment and oversight of regulatory
compliance within IT
Keywords: First Citizens Bank, Chapel Hill , IT Regulatory Officer, Other , Selma, North Carolina
Didn't find what you're looking for? Search again!
Loading more jobs...