LFI Readiness Manager
Company: Disability Solutions
Location: Phoenix
Posted on: October 25, 2024
Job Description:
Job Title:LFI Readiness ManagerLocation:CityScapeWhat you'll
do:The LFI Readiness Manager will be responsible for assisting the
LFI Readiness Senior Director with executing the Bank's LFI
Readiness Program to ensure compliance with Regulation YY Category
4 and related regulations. In addition, this individual will assist
with development of LFI Readiness Program framework, governance,
and oversight to monitor, evaluate, and report on the effectiveness
of program itself as well as each project being completed within
LFI Program. This role reports to the Senior Director and is
responsible for assistance with preparation of presentations to
appropriate management committees, Board of Directors, and external
audit, where appliable, including any issues/control deficiencies
identified including the plan for escalation and resolution.What we
are looking for:
- Work with key stakeholders including IT, FP&A, Data
Governance, and Risk to ensure LFI Program Office (LFIPO) has all
critical information from areas to make necessary decisions.
- Prepare materials and initial validation with key stakeholders
including internal management.
- Maintain inventory of key workstreams with assistance of
Project Manager - LFI to ensure identified items are captured and
tie back to regulatory requirements.
- Assist Manager and Senior Director in ensuring ongoing
compliance with FRB Regulation YY and related Enhanced Prudential
Standards (EPS).
- Track and analyze regulatory updates and assist in implementing
necessary program changes with LFIPO Manager.
- Perform with Senior Director and third party partners the
review of risk management frameworks and ensure they align with EPS
tiered requirements.
- Assist in developing and updating policies and procedures to
meet regulatory standards.
- Ensure implementation of policies across business units and
monitor adherence including provide support in documenting and
communicating policy changes to relevant stakeholders.
- Work closely with internal audit, compliance, strategic
partner, and legal teams to align with regulatory
requirements.
- Support internal audits by providing documentation and ensuring
compliance records are up to date.
- Provide support to LFIPO Manager in coordinating communications
with external regulators, including data collection for
reporting.
- Assist LFIPO Manager and Senior Director in organizing and
preparing for regulatory audits and examinations.
- Facilitate in coordinating cross-functional teams to ensure
that compliance initiatives are implemented smoothly as directed by
Senior Director or Manager.
- Assist with tracking and monitoring project deliverables
related to the program and reporting progress along with Program
Manager - LFI.
- Coordinate, maintain documentation related to compliance
activities, risk assessments, and test results.
- Help develop and distribute training materials related to
Regulation YY compliance. Support the delivery of training sessions
to staff across various departments to raise awareness. Monitor
training completion and ensure adherence to compliance learning
objectives.
- Maintain logs of identified issues related to EPS compliance
and help in tracking their resolution with other groups if needed.
Assist in developing action plans to address gaps in compliance and
monitor remediation efforts to be approved by Senior Director.
- The responsibilities listed are supportive of the Senior
Director and Manager, may encompass additional activities as LFIPO
matures.What you need to have:
- Bachelor's degree in Accounting, Finance, Business
Administration, or another related field required. Master's degree
in relevant field is a plus.
- Minimum of 5 years of experience with increasing responsibility
at a bank with relevant internal audit experience, capital, and
liquidity and/or public accounting advisory experience
required.
- Working knowledge of Reg YY and other related regulations.
- Ability to maintain relationships across various levels of the
organization, influence others beyond direct team and collaborate
with various stakeholders including executive leadership to drive
and implement change.
- Must be highly effective at project management and oversight of
team project management as well as communicating issues through
emails, written reports/formal memos, verbal discussions, ad-hoc
conversations/questions.
- Exceptional organizational skills as well as communication and
people skills are required.
- Extremely meticulous and proficient in Microsoft Office
applications. Experience with other applications is a plus.
- Ability to travel regionally up to 20%Benefits you'll love:We
offer all the important things you'd want - like competitive
salaries, an ownership stake in the company, medical and dental
insurance, time off, a great 401k matching program, tuition
assistance program, an employee volunteer program, and a wellness
program. In addition, you'll have the opportunity to bolster your
business knowledge, learning the ins and outs of how successful
companies operate and manage their finances, giving you invaluable
hands-on experience to help grow your career!About the
company:Western Alliance Bank is a wholly owned subsidiary of
Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance
Association Bank, Bank of Nevada, Bridge Bank, First Independent
Bank, and Torrey Pines Bank are divisions of Western Alliance Bank;
Member FDIC. AmeriHome Mortgage is a Western Alliance Bank
company.Western Alliance Bancorporation is committed to equal
employment and will consider all qualified applicants without
regard to race, sex, color, religion, age, nation origin, marital
status, disability, protected veteran status, sexual orientation,
gender identity or genetic information. Western Alliance
Bancorporation is committed to working with and providing
reasonable accommodations for individuals with disabilities. If you
are an individual with a disability and require a reasonable
accommodation to complete any part of the application process
and/or need an alternative method of applying, please email
HR@westernalliancebank.com or call 602-386-2488. When contacting
us, please provide your contact information and state the nature of
your accessibility issue. We will only respond to inquiries
concerning requests that involve a reasonable accommodation in the
application process.-- Western Alliance Bancorporation
Keywords: Disability Solutions, Sun City , LFI Readiness Manager, Executive , Phoenix, Arizona
Didn't find what you're looking for? Search again!
Loading more jobs...