Regulatory Relations Manager

Job Description:

Job Title: Regulatory Relations Manager

Corporate Title: up to Director

Location: Dublin

Company Overview

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview

Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.

The Team

The International Regulatory Relations team is part of the Global Regulatory Relations team and is closely aligned with the EMEA Risk COO and Risk Governance teams. The team is directly responsible for managing and facilitating all regulatory interactions in UK, Ireland and France and indirectly oversees regulatory interactions in all other international countries. The team are in Paris, Dublin, London and Chester and is supported by a wider team from the EMEA GRM COO and Risk Governance teams in Paris, London, Dublin and Hong Kong.

Role Description

The Regulatory Relations Manager, based in Dublin, is responsible for maintaining relationships and interactions with regulators through the execution of the overall strategy for regulatory engagement and enterprise-wide standards. This includes managing regulatory examinations, inquiries and meetings.

Responsibilities

• Developing and implementing the overall strategy for regulatory engagement, ensuring transparency and consistency of communications, providing oversight and guidance on the quality of regulatory responses and ensuring adherence to enterprise-wide requirements.

• Developing and managing effective relationships across Global Regulatory Relations (GRR) and Front Line Unit / Control Function (FLU/CF) management, providing leadership and guidance on exams, inquiries and other regulatory matters.

• Serving as primary point of contact and escalation between the regulators and the FLU/CF during supervision engagement activities including: exams, meetings and ad-hoc inquiries.

• Managing and directing all aspects of regulatory exams to ensure consistent exam practices, successful execution, and reduction of risk exposure for the company. This includes being responsive to regulatory inquiries, effectively managing ongoing supervision meetings; aiding with preparation of regulatory responses; as well as regulatory activity tracking, reporting and escalation.

• Providing leadership direction, attracting, assessing, developing, motivating broader work team, as well as ensuring a positive team culture.

What we are looking for

• Demonstrable experience in a risk management, enterprise-wide role, managing regulator activities or a combination of each.

• Proven executive presence. Ability to cultivate a positive team culture, and ensure broader collaboration across the enterprise.

• Ability to build and cultivate relationships both externally and internally.

• Self-starter with excellent anticipation skills.

• Strategic thinker comfortable with the senior management level.

• Demonstrable ability to think strategically and execute tactically.

• Demonstrate intellectual curiosity.  

• Ability to read and understand complex matters, anticipate risks and summarize key information.  

• High attention to detail and strong organizational skills.

Skills that will help

• Ability to navigate in a highly-matrix environment and proven ability to distil complex information into key messages.

• Ability to think outside of the box and demonstrate an enterprise mindset.

Benefits of working at Bank of America

Ireland

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

• 20 days of back-up childcare and 20 days of back-up adult care per annum

• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

• Access to an Employee Assistance Program for confidential support and help for everyday matters

• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan

• Ability to donate to charities of your choice and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’s most iconic cultural institutions and exhibitions.

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.