Advisor, Policy & Supervision
Washington, DC 
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Posted 16 days ago
Job Description

The Advisor, Policy & Supervision (Advisor) will work cross-functionally across the Policy & Supervision business unit providing technical expertise and leadership on financial services supervision, policy, regulatory, and legislative matters and serve as an advisor to the business unit leadership team. The individual will provide expertise and support to state financial regulators on emerging issues and assist in advancing state regulation and state/federal coordination. The position requires high-level interaction with senior state and federal banking and financial regulators to support state/federal coordination and to achieve CSBS's policy and supervision goals. The individual will serve as the primary advisor to the EVP on all domestic and international issues related to macro-economic and financial stability issues. The Advisor will be assigned to short-term and/or long-term initiatives within one or more of the business unit's teams: Bank Supervision, NonBank Supervision & Enforcement, Policy, and Legislative.

The Policy & Supervision business unit is responsible for all aspects of advocating, promoting, and implementing Board-approved CSBS policy throughout state and federal legislative, regulatory, and supervisory areas. Policy & Supervision also works to empower state regulators to achieve their supervisory goals.

  • The Policy team analyzes and provides state perspective on federal regulatory policy proposals that directly affect state-supervised entities. The team coordinates public policy development between the legislative, regulatory, and bank/nonbank supervisory processes areas of the organization. This team also facilitates state representation on the Financial Stability Oversight Council (FSOC).
  • The Bank Supervision team promotes right-sized regulation and supervision of banks consistent with their size, complexity, overall risk profile, and risk to the financial system. This team also facilitates state representation on the Federal Financial Institutions Examination Council (FFIEC) and the Financial and Banking Information Infrastructure Committee (FBIIC).
  • The NonBank Supervision & Enforcement team is responsible for supporting the state system of nonbank financial institution supervision including mortgage, money services businesses, consumer finance, and debt collection oversight. This team also facilitates state coordination with the Consumer Financial Protection Bureau (CFPB) and among CSBS's sister nonbank regulator associations.
  • The Federal Legislative team works with Congress to promote the policy priorities of state regulators and to educate Congress on the role of state regulators in the broader financial services landscape. This team works on a full range of financial services issues, tracking and analyzing legislative proposals, and developing legislative initiatives to promote CSBS's mission.
  • The State Legislative team tracks, analyzes, and reports on state legislative and regulatory issues that affect state banking agencies and the financial institutions state regulators supervise.

Essential Functions

To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions. Other duties may be assigned to meet business needs.

  • Advise the EVP, Policy & Supervision or others as directed (e.g., CSBS president, Board, or committees) on policy, regulatory, supervision, and financial stability issues as well as financial services risks and opportunities.
  • Provide expertise and support regarding federal legislative, regulatory, and bank and nonbank supervisory matters.
  • Research regulatory topics, proposals, and studies, prepare comment letters, respond to specific inquiries and requests from state banking departments, state non-depository regulators, state attorneys general, federal regulatory agencies, federal and state law enforcement, industry, and other parties.
  • Prepare presentations, briefings, and writings, and convene meetings as needed.
  • Provide staff support to the principal deputy for the state banking supervisor member of the Financial Stability Oversight Council (FSOC), as requested, and may participate and/or coordinate the participation of others in the various committees and workstreams of the FSOC and/or FFIEC.
  • Identify business needs and coordinate activities with the CSBS data analytics and research function for research, business intelligence product development, and report production.
  • Identify, communicate, and work to mitigate emerging risks across the state regulatory system.
  • Troubleshoot issues as they arise.

Minimum Qualifications

To perform this job successfully, an individual should possess the knowledge, skills, and abilities listed and meet the amount of education, training and/or work experience required.

Education and Experience
  • Bachelor's degree required; M.B.A. or Masters-level degree in business or finance preferred.
  • At least ten (10) years of progressive experience interpreting, analyzing, examining, and assessing federal/state financial services laws, regulations, and related issuances. Experience with a financial institution regulatory agency preferred.
Knowledge, Skills, and Abilities
  • Financial services examination and supervision - expertise in regulatory examination and supervision principles and practices.
  • Communication - ability to speak so that you are heard and write so that you are read.
  • Working style - consultative; able to listen reflectively and effectively interface with various teams.
  • Planning and organizing - ability to prioritize multiple, complex projects.
  • Meeting management/group facilitation - ability to facilitate meetings and build consensus among various parties.
  • Problem solving - ability to define problems, collect data, establish facts and draw valid conclusions.
  • Results orientation - ability to work at a fast pace and meet critical deadlines.
  • Interpersonal skills - shows understanding, friendliness, courtesy, tact, empathy, cooperation, concern, and politeness to others; relates well to different people from varied backgrounds and different situations.
  • Organization and planning - able to organize or schedule people or tasks; develops realistic actions plans while being sensitive to time constraints and resource availability.
  • Attention to detail - is thorough when performing work and conscientious about attending to detail.
  • Teamwork - encourages and facilitates cooperation, pride, trust, and group identity; fosters commitment and team spirit; works with others to achieve goals. Ability to mentor staff towards the successful achievement of established goals.

Requirements

  • Due to the nature of CSBS's business in support of state financial services supervision, all CSBS employees have the potential of interacting with confidential information related to the supervision of financial services companies ("Confidential Supervisory Information"). As a result, in addition to general business conflicts of interest, all CSBS employees are expected to disclose conflicts of interest in financial services companies on at least an annual basis and to proactively avoid such conflicts.
  • Protect the confidentiality, integrity, and availability of CSBS information and information systems in accordance with CSBS policies and procedures.

Values Instilled Behaviors for Excellence

Member/ Customer Service

  • Builds and values relationships.
  • Prioritizes work.
  • Advocates and advances member's goals.

Teamwork

  • Gives credit to others.
  • Has a "pitch in" attitude.
  • Learns from successes and setbacks.

Respect/Trust

  • Listens and learns from others.
  • Speaks the truth even when uncomfortable.
  • Honors the expertise of others.

Collaboration

  • Recognizes the contributions of others.
  • Consults and communicates effectively.
  • Desires to make others successful.

Ownership/Engagement

  • Perseveres through adversity.
  • Experiments and takes risks.
  • Plans ahead and is forward-thinking.

Core Leadership Competencies

Achievement Oriented Thinking

  • Is a solutions-oriented thinker.
  • Has good time management skills.
  • Manages expectations of what is achievable.

Change Management

  • Actively engages and participates during change.
  • Asks questions and takes ownership for understanding why the change is happening and the risk of not changing actively.
  • Adopts the new habits, monitors own performance and checks self against the objectives and seeks help when they don't match.
  • Identifies and communicates obstacles and resistance.

Emotional Intelligence (Self-Awareness)

  • Manages own emotions productively to stay in role.
  • Handles emotionally charged situations productively and with empathy.
  • Asks for and openly accepts feedback; looks for opportunities to grow.
  • Conducts conversations courageously - hitting difficult issues head-on with an eye on maintaining relationships.

Working Conditions
  • General office.
  • Travel required.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
176,920 USD - 296,545 USD
Required Education
Bachelor's Degree
Required Experience
10 years
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