The Resolution Planning Manager will have broad oversight of the Resolution Planning framework and will be responsible for the preparation and submission of the organization's Resolution Plan and related materials.
8-5
Responsibilities include but are not limited to:
- Provide subject matter knowledge on expectations and requirements.
- Communicate Resolution planning initiatives to senior leadership, the Board of Directors, and other relevant parties.
- Oversee all aspects of Resolution Planning including program implementation, drafting and submission of deliverables, as well as gap identification and program enhancements.
- Collaborate with businesses and functions such as Risk, Compliance, Finance and Legal to interpret regulatory requirements, gather necessary inputs for reporting and develop Resolution Plan content.
- Effectively review and challenge staff contributions to the Plan.
- Design and produce presentations for Executive Management, Board of Directors, Supervisory Examiners, Lines of Businesses, and other key stakeholders.
- Develop playbooks to support potential implementation of the Resolution Plan, in coordination with businesses and functions.
- Lead development of strategic data capabilities to support timely availability of key information in the Resolution Plan.
- Engage third parties to identify capability needs and align on approaches.
- Support regulatory requests from regulatory agencies including data analysis, liaising with other groups and presentation of findings.
- Address inquiries and ensure compliance with regulatory requirements.
- Support further ad-hoc analysis and conduct industry research to benchmark capabilities and further explore the intersection between capital planning and resolution planning.
- Support execution of capital management framework including the preparation of the Capital Plan and Capital Stress Test documentation.
- Manage and oversee capital stress testing documentation including policies, summary of results, effective challenge packages, model inventory catalogue, process flow, procedures, as well as analytical reports as necessary.
Required Skills:
- Highly motivated individual who can work independently as well as collaboratively, making non-routine decisions and solving complex problems.
- Confident, proactive, and independent self-starter.
- Strong writing, communication, and presentation skills. Ability to combine both detailed analysis with big picture purpose. Ability to articulate complex concepts clearly and concisely.
- Ability to articulate and provide direction using judgement and authority to enable effective engagement with senior stake holders.
- Ability to synthesize complex data into clear and concise themes.
- Strong analytical skills including ability to summarize complex business problems and detailed analysis with clarity and brevity.
- Organized and detail oriented to simultaneously manage numerous deliverables.
- Ability to quickly understand business process tasks / dependencies, data flows, and user's roles/responsibilities.
- Proven experience in resolution planning within the financial services industry.
- Demonstrated leadership experience in managing regulatory programs that span across business divisions.
- Track record of effectively developing presentations and addressing inquiries from regulators, audit teams etc.
- Deep knowledge of financial regulations and requirements, particularly those relating to resolution planning.
- Knowledge and experience in ensuring compliance with regulatory requirements as well as experience representing large financial institutions with regulatory bodies (e.g., OCC, FDIC, FRB, PRA, EBA, etc.)
- Strong intellectual curiosity and problem solving and/or analytical skills.
- Ability to work on multiple projects under compressed timeline. Experience in cross-functional project management.
- Strives for excellence in execution: Proactively seeks ways to improve personal and organizational effectiveness to meet current and future business needs. Learns equally from successes and failures.
- Knowledge of economic and accounting principles and practices, financial markets, banking and the analysis & reporting of financial data.
- Proficiency with Microsoft Office Suite with emphasis on PowerPoint and Excel.
- Good understanding of the complexities of capital and liquidity management
Required Experience:
- Bachelor's degree Law, Economics, Finance, Accounting, Mathematics, or related field.
- 7+ years of banking experience (preferably in treasury, finance, risk management, financial regulation, or similar.
Preferred Experience:
- MBA or Master's Degree. Financial reporting, Regulatory Reporting and/or Capital Planning experience. Accounting/internal controls, or consulting background is a plus.
- Skilled at using Workiva (Wdesk) or similar reporting software.
Exact compensation may vary based on skills, experience, and location.
$108,400.00
$191,800.00
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Valley National Bank
$108,400.00-$191,800.00
Dec 21, 2024