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Regulatory Affairs Lead GRC

City National BankCompliance
Posted Nov 20
Full Time
New York, New York



Position reports to the Head of Regulatory Affairs & Governance in the GRC Office and will be responsible for a regulatory response calendar, facilitating meetings with business owners and stakeholders, drafting regulatory responses and overseeing regulatory interactions with respect to remediation within the GRC program. In addition, the position will help support governance/approval related activities across the GRC program remediation plans. The position will closely coordinate with the Bank's Regulatory Relations and Legal functions.

Governance, Risk and Controls (GRC)

Be part of City National's U.S. Governance, Risk and Controls (GRC) Office. This group’s focus is on enhancing our risk management and regulatory compliance capabilities to ensure the bank is well-positioned for future opportunity and sustainable growth.

What You Will Do

  • Responsible for driving all GRC activities related to regulatory responses in partnership with stakeholders across the bank
  • Responsible for ongoing GRC communications with regulators
  • Liaise with Regulatory Relations office on a regular cadence to ensure alignment of GRC and Regulatory Relations activities across regulatory exams, progress reports, communications and any additional activities, as needed
  • Liaise with Legal/General Counsel office on a regular cadence to ensure alignment of GRC and Legal activities across regulatory exams, progress reports, communications and any additional activities, as needed
  • Ensure integrated activities across regulatory response and remediation planning are well coordinated
  • Ensure that output from remediation activities has traceability back to root causes and regulatory responses and has proper signoff through appropriate governance channels, as necessary
  • Oversee and coordinate the timeliness and accuracy of responses to regulators, including data requests and responses to exam findings (such as Request Letters, Matters Requiring Attention, etc).
  • Ensure comprehensive analyses of regulatory feedback and expectations, peer practices, underlying issues and their root causes
  • Provide bank regulatory advisory support with business partners and second line of defense to identify and mitigate remediation risks and issues.
  • Maintain thorough knowledge of banking regulations, bank operations and procedures, accounting, risk management controls, and other internal control objectives and practices.
  • Work with senior leadership (EVPs and SVPs) to identify, discuss, and address emerging regulatory trends that may impact their relevant business operations from a compliance perspective; actively monitor and report on regulatory developments and trends affecting US business platforms.
  • Responsible for fostering a culture of compliance with existing and pending regulations.


  • Bachelor's Degree
  • Minimum 8 years of experience leading regulatory programs in the financial services industry.
  • Minimum 8 years of experience in banking compliance, risk, legal, regulatory or related bank regulatory experience.

Skills And Knowledge

  • Legal Degree or other Professional Degree preferred.
  • Deep understanding and proven ability to build relationships with internal and external partners and manage heavy regulatory exam load
  • Strong writing, organizational, interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships across City National.
  • Experience managing or being a part of a compliance or risk management team for a large US bank or large Legal Firm
  • Technical understanding of Corporate Risk operations, processes, and responsibilities.
  • Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end risk management solutions and controls aligned with group’s processes.
  • Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.
  • Knowledge and understanding of regulatory and risk management in the financial services industry.
  • Previous consulting experience preferred.


Starting base salary: $127,626 - $237,014 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

  • To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.


City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'

About City National

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.