Regulatory Affairs Analyst

Posted Yesterday
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Cincinnati, OH, USA
In-Office
Mid level
Fintech
The Role
The Regulatory Affairs Analyst manages regulatory examinations, supports communication with regulators, maintains documentation, and improves processes to meet regulatory demands in banking.
Summary Generated by Built In

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GENERAL FUNCTION: Supports the effective management of regulatory examinations across the bank. Works under the guidance of Regulatory Affairs leadership to support the management of regulatory examinations. Supports regulatory risk and relationship management of the Bank's federal and state regulatory agencies.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES & RESPONSIBILITIES:

  • Facilitate the regulatory exam preparation process, information requests, issue tracking and ongoing supervisions programs, including analysis and reporting.
  • Assist Regulatory Affairs management in communicating with external regulators to monitor overall exam progress, communicate responses, provide general status updates, and clarify exam requests.
  • Maintain a centralized regulatory database for internal record keeping and information sharing of documents with regulatory agencies.
  • Prepare information responses and assist with meeting presentations as directed. Escalate concerns to management if responses or presentations do not sufficiently address the regulators’ requests.
  • Facilitate information requests, including obtaining examiner requests, distributing to internal stakeholders, aggregating and reviewing responses, and submitting responses to examiners.
  • Coordinate the identification, gathering and delivery of documents and information requested by regulatory agency staff.
  • Follow standard protocols for a consistent approach to the exam process. Identify and recommend process improvements to enhance unit effectiveness.
  • Support team efforts to meet the demands of regulatory examinations.
  • Build effective working relationships with internal stakeholders and regulatory agencies.
  • Collaborate with Regulatory Affairs leadership to establish standard protocols for a consistent approach to the exam processes and implements improvements to enhance effectiveness, efficiency and sustainability.
  • This position does not have direct reports and works under the supervision of a Regulatory Affairs Manager.

SUPERVISORY RESPONSIBILITIES: None.

MINIMUM KNOWLEDGE & SKILLS REQUIRED:

  •     Strong project and program management experience in managing and assisting the work of other working group members, including those that are not team members.
  •     Outstanding organizational skills and ability to execute on several initiatives simultaneously.
  •     Strong written and verbal communication skills with the ability to work collaboratively across functions and divisions.
  •     Strong attention to detail in written and spoken communication and in review of written documentation.
  •     Results oriented/delivery focused; ability to deliver high quality results under tight deadlines.
  •     Ability to apply critical thinking skills.
  •     Initiative to identify problems and implement solutions.
  •    3-5 yrs. experience in the banking industry
  •     Experience maintaining documentation workflow systems.
  •     Demonstrated knowledge of financial principles and regulatory and compliance issues related to the banking industry.
  •     Able to learn systems and applications quickly.
  •     Bachelor’s degree in Business or related principles (Accounting, Finance, Economics, etc.)

#LI-GM1  

WORKING CONDITIONS:

  •     Normal office environment with little exposure to dust, noise, temperature and the like.
  •     Extended viewing of a CRT screen.
Regulatory Affairs Analyst

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. 

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting.  Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third.  Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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Regulatory Database Systems
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The Company
Cincinnati, OH
20,258 Employees
Year Founded: 1858

What We Do

At Fifth Third Bank, we are always listening to new ideas so that we can strengthen our commitment to you and the communities we serve.

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