At a Glance
- Tasks: Lead the implementation of a RegTech solution to enhance regulatory change management.
- Company: Join State Street, a global leader in financial services and risk management.
- Benefits: Enjoy competitive salary, comprehensive benefits, and flexible work-life balance.
- Other info: Collaborative environment with opportunities for growth and development.
- Why this job: Make a real impact in the financial sector from day one.
- Qualifications: 10+ years in compliance or risk management, with strong analytical skills.
The predicted salary is between 90000 - 150000 £ per year.
We are looking for a Regulatory Change Management Program Manager to lead the successful enterprise-wide implementation of a RegTech vendor solution to optimize and scale the regulatory change management program. This role reports into the Head of the Global Regulatory Change Management Program Office and will interact on a daily basis with stakeholders across the lines of defense and vendor contacts. The ideal candidate has strong expertise in risk management and experience designing, executing and/or evaluating regulatory change management programs in the financial services sector.
This role is based available in US locations: Boston and Quincy, MA; Clifton & Princeton, NJ; Stamford, CT; Berwyn, PA; Kansas City, MO and in the United Kingdom, London. The role will be performed in hybrid model, where you can balance work from home and office to match your needs and role requirements.
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for:
- 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.
What we value:
- Knowledge and understanding of global banking regulations and compliance risk management programs.
- Excellent program and change management skills.
- Strong analytical and problem-solving skills and attention to detail.
- Exceptional written and verbal communication skills with ability to successfully interface with all levels of management.
- Ability to effectively multi-task and maintain a positive attitude under pressure.
- Inclusive mindset that recognizes the value of a diverse global team and an ability to work across cultures with adaptability and flexibility.
Education & Preferred Qualifications:
- 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.
Additional requirements:
- Ability to work with team members and stakeholders across all regions. This will include some meetings and calls at early or late times as necessary.
Salary Range: $110,000 - $177,500 Annual. The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Benefits: Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our 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 our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
About State Street: Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
Equal Opportunity Employer: As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Job Application Disclosure: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Regulatory Change Management Program Manager, Vice President, Hybrid in City of London employer: Project Management Institute
State Street is an exceptional employer that prioritises employee growth and well-being, offering a hybrid work model that allows for flexibility between home and office. With a strong commitment to diversity and inclusion, employees benefit from comprehensive benefits packages, including retirement plans, health insurance, and paid volunteer days, all while being part of a collaborative team that drives innovation in the financial services sector.
Contact Details:
Project Management Institute Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Change Management Program Manager, Vice President, Hybrid in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who have experience with regulatory change management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of global banking regulations and compliance risk management. We recommend creating a list of potential questions and practicing your responses to show off your expertise.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share specific examples of how you've tackled challenges in previous roles. This will demonstrate your analytical abilities and attention to detail, which are key for this position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest job openings and updates there, so keep checking back!
We think you need these skills to ace Regulatory Change Management Program Manager, Vice President, Hybrid in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Regulatory Change Management Program Manager. Highlight your experience in risk management and regulatory change programs, as these are key for us. Use specific examples that showcase your skills and achievements.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of global banking regulations and how your past experiences align with what we’re looking for. Keep it engaging and professional!
Showcase Your Communication Skills:Since this role involves interacting with various stakeholders, make sure to demonstrate your exceptional written communication skills. Use clear and concise language in your application materials, and don’t forget to proofread for any errors!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position there!
How to prepare for a job interview at Project Management Institute
✨Know Your RegTech Inside Out
Before the interview, make sure you thoroughly understand the RegTech vendor solutions relevant to the role. Familiarise yourself with their functionalities and how they can optimise regulatory change management. This will help you demonstrate your expertise and show that you're ready to hit the ground running.
✨Showcase Your Change Management Skills
Prepare specific examples from your past experiences where you've successfully designed or executed regulatory change management programmes. Highlight your analytical skills and problem-solving abilities, as these are crucial for the role. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Engage with Stakeholders
Since this role involves daily interaction with various stakeholders, be ready to discuss how you’ve effectively communicated and collaborated with different teams in the past. Share examples of how you’ve fostered collaboration and ensured stakeholder buy-in during previous projects.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your ability to manage risks and resolve issues. Think about potential challenges you might face in implementing a RegTech solution and how you would address them. This will showcase your proactive mindset and readiness to tackle real-world problems.