Head of Ireland Regulatory Affairs, Vice President, Hybrid
State Street is hiring for the Head of Ireland Regulatory Affairs, Vice President, Hybrid role. This position is based in Ireland with hybrid work options.
Overview
The Head of Ireland Regulatory Affairs is responsible for driving the strategic relationship with the Central Bank of Ireland (CBI). This includes building effective relationships with supervision teams, generating insight into the regulator’s supervision strategy and its implications for State Street, and providing input on areas of focus in regulatory exams and continuous assessment meetings through briefings to senior management. The role also involves coordinating preparation sessions for staff selected for interview as part of regulatory examinations and ensuring that regulatory information requests are well managed with timely responses and submission of deliverables. The role requires cohesive and unified regulatory interactions with the CBI, with appropriate engagement with the PCF-12 Heads of Compliance for the regulated legal entities.
What You Will Be Responsible For
* Regulatory Liaison: Act as the primary liaison with regulators, delivering best-in-class service to the CBI by ensuring all regulatory deliverables are met within the CBI’s timeframes and to the appropriate quality, engaging with the PCF-12 Heads of Compliance for the regulated legal entities
* Assist the business in making regulatory notifications and drafting responses to CBI queries relating to issues, incidents and other matters
* Provide senior management and the business with insightful analysis into CBI priorities and areas of focus
* Internal Stakeholder Management: Strategic regulatory stakeholder management and communication
* Arrange regulatory meetings ensuring appropriate attendance from State Street senior management and others as appropriate
* Prepare briefing notes for forthcoming regulatory continuous assessment meetings, in conjunction with the Global Regulatory Liaison Office (GRLO)
* Lead coordination and preparation for regulatory examinations, including deliverables requested by the CBI, and act as internal point of escalation across the Ireland business lines
* Attend regulatory meetings to provide minutes of discussions and agreed actions
* Assess actions from regulatory exams in accordance with the Issue Management Standard and the Regulatory Examination & Findings Standard – Global, oversee Archer items (RMPs) and assign action owners
* Track all RMP actions from opening through governance to closure, ensuring responses meet the standard expected by the CBI
* Collaborate with internal stakeholders to identify and shape areas of upcoming regulatory change or policy developments
* Regulatory/Internal Reporting: Prepare updates for the CBI on matters requiring regulatory notification, respond to queries, and assist the regulator’s understanding of State Street’s business in Ireland
* Prepare monthly regulatory interactions updates for submissions to Ireland and global governance forums, including Ireland Legal Entity Boards
* Contribute to Compliance Risk Reporting to Ireland and global governance forums
* Prepare summaries of regulatory publications for key Ireland Governance Forums and internal stakeholders
* Highlight regulatory enforcement actions against other market participants to apply relevant learning
* Contribute to Compliance newsletters in Ireland highlighting areas of regulatory focus
* Skills We Value: Proven analytical skills, ability to synthesize complex information for leadership; strong writing and presentation skills; stakeholder management with regulators and senior management
* Education & Preferred Qualifications: Degree qualified; technical specialist knowledge of the Irish regulatory regime and CBI priorities as they affect State Street; previous experience in Regulatory Relations or Supervision/Enforcement (CBI or equivalent); knowledge of the custody and/or funds sector is an advantage
Qualifications and Working Arrangements
This role is classified as a CF2 under the Central Bank of Ireland Fitness and Probity regime; candidates must comply with applicable fitness and probity requirements. The position can be performed in a hybrid model (work from home up to 2 days per week; office at least 3 days per week including Monday and Friday).
About State Street
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients, supported by technology and product innovation.
We are committed to inclusion, diversity and social responsibility, offering a great work environment, competitive benefits, flexible work programs, and development opportunities. State Street is an equal opportunity and affirmative action employer.
Job ID: R-777579
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