Regulatory Relations provides centralized management of activities with the firm’s local regulators. As part of the Regulatory Affairs Department (“RAD”), the Regulatory Relations Specialist will be responsible for assisting Head of Regulatory Affairs in proactively managing Natixis’ relationship with its local regulators with a focus on examinations and continuous monitoring activities, acting as advisors to senior management and Board members on regulatory themes and supervisory matters, apprising senior management of all regulatory relations activities, and monitoring remediation efforts.
This role provides an excellent opportunity for an individual looking to expand their Financial Services knowledge, learn more about the Regulatory environment and develop a good understanding of key Firm processes and functions.
The director-level Regulatory Relations Specialist will assist the Head of Regulatory Affairs with Natixis CIB Americas engagement plan with its regulators to:
- Ensure Senior Management and Board Members are well prepared and fully briefed for their regulatory meetings
- Draft briefing notes and memos inclusive of background and context on pertinent regulatory issues
- Attend and summarize meetings inclusive of key actions and issues
- Monitor and follow up to ensure any required actions are completed
- Notify regulators on important internal developments, including but not limited to, the Federal Reserve and the New York State Department of Financial Services.
- Assume responsibility for covering a part of the CIB business or control area
- Coordinate with business or control areas to prepare for periodic (continuous monitoring) and ad-hoc meetings with regulators
- Ensure regulatory inquiries are routed to the correct area
- Review draft responses and send these to the regulators
- Provide advice to the assigned coverage area on regulatory issues
- Conduct regulatory examinations from end to end
- Coordinate response to the First Day Letter and ad-hoc requests from examination team. Provide guidance and challenge to internal stakeholders on the appropriateness of responses and remediation plans.
- Train and guide internal stakeholders in preparing for exam meetings including developing agendas, talking points, and materials
- Organize, participate, and document exam meetings
- Evaluate regulatory risks arising from interactions with examiners and proposing to senior management on the appropriate plan of action
- Oversee the preparation of response letter to examiners.
- Work with the CUSO Regulatory Affairs Program Management team to ensure regulatory remediation and enhancement projects are designed to meet regulatory expectations.
- Ensuring senior management is apprised of all examinations, key regulatory requests, meetings, remediations, and other commitments.
Qualifications
- Minimum bachelor's, JD/MBA is a plus.
- 10+ years of relevant experience (preferably at a consulting, financial services, law firm, or regulatory agency)
- Effective communication (verbal and written), persuasion, and presentation skills
- Logical and structured approach to planning, problem-solving and decision-making
- Proven ability to collaborate and build relationships with partners across multiple levels, disciplines, and functions
- Readiness to work in a global, fast-paced environment and under tight timelines to deliver high-quality results
- Strong attention to detail
- Strong understanding of investment banking.
- English language required and French desirable
- Strong Microsoft Office skills – PowerPoint, Word, TEAMS, Excel
Natixis is an equal opportunity employer, committed to a workplace free of discrimination. Natixis will not tolerate any form of discrimination based on age, color, mental or physical handicap or disability, pregnancy, marital status, sexual orientation, national origin, alienage, ancestry or citizenship status, race, religion, sex (including sex stereotyping, gender identity, gender expression or transgender status),veteran status, creed, genetic information or carrier status, or any other protected characteristic as established by law.
Respect for all means that we deal with each person as an individual and not as a member of any group. All qualified applicants will receive consideration for employment. Management is expected to provide leadership in supporting the firms EEO program by taking steps to promote EEO in all facets of employment including recruitment, hiring, retention, promotion, performance assessment, and career-development opportunities.
The salary range for this position will be between $180,000 - $200,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.