Provident Bank Of New Jersey - Woodbridge Township, NJ
posted 3 months ago
The Regulatory Change Manager at Provident Bank is a pivotal role responsible for overseeing and managing regulatory changes that impact the organization. This position requires a proactive approach to monitor regulatory activities from various issuing bodies, including upcoming regulations, legislative changes, and enforcement actions. The manager will conduct thorough impact assessments of these regulatory changes and collaborate with relevant stakeholders to adapt the bank's policies, standards, and controls to ensure continuous compliance with applicable regulations. In this role, the Regulatory Change Manager will lead the monthly regulatory change management working group, providing regular updates and reports on all regulatory activities that affect the organization. This includes developing action plans to address regulatory changes, enhancing self-monitoring plans, and ensuring that the regulatory change management procedures are periodically reviewed and updated to remain effective and relevant. The position demands strong banking experience and a comprehensive understanding of banking regulations. The manager will be expected to work independently while also collaborating with team members to provide strategic oversight and ensure that all solutions are compliant with relevant regulations. Effective communication with stakeholders is crucial, as the manager will lead cross-divisional discussions and utilize appropriate methodologies and governance tools to drive timely delivery of analyses and agreed-upon approaches.