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REGULATORY RELATIONS CONSULTANT

WHAT IS THE OPPORTUNITY?

Responsible for training and managing a team that will coordinate end-to-end regulatory activity within CNB and the broader Combined US Operations ("CUSO") from receipt of first day letter through remediation and closure. This includes coordinating with regulators, all business units and risk departments for targeted exams, ongoing supervision, ad hoc requests and follow up. Will work with business and risk units, along with the Governance Risk & Control Program Office ("GRC"), to prepare business units for exams and other regulatory activity. Will be responsible for providing advice and support to business units in all regulatory matters. Will raise concerns about observed thematic issues and potential regulatory concerns.

What You Will Do

• Oversee, train and be responsible for a team of colleagues who perform various regulatory relations functions across CNB and RBC in the US.
• Work as a team leader to facilitate all regulatory examinations, including targeted on-site examinations by regulators with minimal supervision across CNB and RBC in the US.
• Will manage a team that works with business and risk units to oversee and coordinate planning, fieldwork and final responses to external regulators, including but not limited to data requests and responses to exam findings.
• Will schedule and assign team members to exams according to exam calendar and area of expertise. This will include working with the broader CUSO team to ensure full coverage of all regulator activities.
• Responsible for ensuring responses to regulatory concerns are well informed and appropriately address concerns raised.
• Deliver proactive communication strategies with regulators and provide advice to management on the best approach to regulatory interactions with guidance on best-in-class presentations, materials and other submissions provided to regulators.
• Synthesize regulatory feedback and key thematic findings to senior management, Board-level committees and key stakeholders to drive awareness of and help anticipate regulatory concerns.
• Maintain records of all regulatory matters in a centralized location for the coordination of regulatory communications, requests, reporting through RBC channels, and track implementation of remedial response(s) by the Bank.
• Schedule and attend meetings for examiners with senior management and with BU contacts on specific exams or prep meetings.
• Lead prep meetings for internal stakeholders prior to exam and update meetings with regulators.
• Responsible for entering and maintaining exam and issue status in the issue management system and reporting as needed.

*Must-Have

Skills And Knowledge

Compensation

Starting base salary: $101,231 - $172,355 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

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.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

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.