Financial Services Director: Regulatory and Compliance Risk (New York, NY)

The Opportunity

Huron is a global consultancy that collaborates with clients to drive strategic growth, ignite innovation and navigate constant change. Through a combination of strategy, expertise and creativity, we help clients accelerate operational, digital and cultural transformation, enabling the change they need to own their future. 

Join our team as the expert you are now and create your future.

Position Summary

Huron is seeking an experienced Regulatory and Compliance Risk Director to join our Financial Institutions Advisory team. In this client-facing role, you will leverage your deep understanding of banking regulations, policies, and governance to help clients build robust risk management frameworks and ensure regulatory compliance.

Within the Regulatory and Compliance Risk discipline, you will deliver the following capabilities to clients:
• Ensuring organizations comply with all relevant laws, regulations, and industry standards.
• Monitor changes in the regulatory environment and assess their impact on the organization.
• Oversee the development and implementation of policies, procedures, and controls to ensure compliance.
• Reporting on risk management and compliance activities to the board and senior management.
• Ensuring the organization’s governance structures support effective risk and compliance management.
• Develop and implement comprehensive risk management and compliance strategies.

Directors play a vibrant, integral role at Huron. Their invaluable knowledge reflects in the projects they manage, and the teams they lead. They build long-standing partnerships with clients, while collaborating with colleagues to solve their most important challenges. In fact, they shape and deliver results that seamlessly align with client goals, visions and missions. Remarkably versatile, our Directors also spend significant time mentoring junior staff on the engagement team—where they tirelessly share expertise as well as feedback and encouragement. This benefits Huron profoundly as it promotes a culture of respect, unity, collaboration, and personal achievement. Our environment inspires and rewards growth…

As a Director, you have the unique ability to specialize in certain areas that showcase and employ your areas of expertise while you pursue your “career vision." Huron is big enough to offer the opportunity and exposure you need for your career growth—but small enough to give you individual attention for your professional development. Every associate adds to who we are as an organization—and the more you evolve, the more we do. An exciting career experience awaits you: It’s intense… it’s analytically rigorous… it’s practical… it’s entrepreneurial… it’s intellectually stimulating—and most definitely—it’s career-defining… It’s the Huron Way

Key Responsibilities:

Policy and Procedure Enhancement:  Review and update existing policies and procedures to address identified compliance gaps.

Regulatory Compliance Advisory:  Provide expert advice on regulatory requirements and ensure an organization’s policies and procedures align with current laws and regulations.

Monitor regulatory developments: Advise on the impact of new laws, regulations, and industry standards.

Regulatory Risk Assessment:  Conduct comprehensive assessments to identify regulatory and compliance gaps across an organization.

Benchmarking and Best Practices: Stay informed on industry best practices in regulatory and compliance risk management.

Strategic Risk Planning:  Advise on long-term compliance risks and develop strategies to mitigate them proactively.

Client Consultation: Provide expert advice on risk management practices, frameworks, and compliance.

Stakeholder Engagement: Collaborate with internal and external stakeholders to align risk management practices with business objectives and regulatory expectations.

Training and Development: training and supervisory/management of an internal engagement team Conduct training sessions and workshops to educate clients and internal teams on regulatory and compliance best practices and policies.

Continuous Improvement: Stay abreast of industry trends, regulatory changes, and emerging risks to continually enhance the risk management framework.

Qualifications

• 7-10 years of experience with the banking sector.

• A minimum of 5 years of relevant experience in regulatory risk management and compliance.

• Strong knowledge of risk management controls development and testing.

• Extensive experience in developing and implementing risk management and compliance frameworks.

• Proven track record in managing regulatory compliance within a complex, regulated environment.

• Excellent client-facing and interpersonal skills, with the ability to build and maintain strong client relationships.

• Effective communication skills, both written and verbal.

• Analytical mindset with strong problem-solving abilities.

• Proficiency in compliance risk management software and tools including machine learning and artificial intelligence.

• Bachelor’s degree in Risk Management, Finance, Business Administration, Economics Accounting, or a related field.

• Willingness and ability to travel to client sites as needed (up to 80%)

Posting Category

Diversified

Opportunity Type

Regular

Country

United States of America