Director, Regulatory Relations
Webster Bank

Job Description

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

Job Summary:

The Director, Regulatory Relations, for Webster Bank is responsible for ensuring there is an effective Regulatory Relations Program in place. In this position, the Director assists with driving forward the strategic agenda for Regulatory Relations, for fostering and maintaining effective partnerships with internal stakeholders, and for ensuring that Regulatory Relations is proactive in its efforts to respond to regulatory requests. The Director is responsible for advising the lines of business on best practices in interacting with our primary regulators and updating training and awareness materials.

Job Responsibilities:

• Responsible for coordinating key exam and ongoing supervision and other interactions across the bank with our primary regulators.
  
• Provide lines of business with guidance and advice on best practices in interacting with our primary regulators.
  
• Coordinate the review of documentation responsive to regulator requests within timelines defined by the regulators.
  
• Support the secure delivery of documentation responsive to regulator requests within timelines defined by the regulators.
  
• Assist with developing reporting on key exam and ongoing supervision activities coordinated by Regulatory Relations.
  
• Maintain the exam calendar and key contacts for the key examinations and ongoing supervision for the bank.
  

Experience, Education & Skills:

• Must have at least 8 -10 years of cumulative experience in Compliance, Risk, or Audit.
  
• Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred, yet a High School diploma or GED is required.
  
• Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration.
  
• Candidates with prior experience in a Regulatory Relations role strongly preferred.
  
• Broad knowledge of banking laws and general risk management concepts required.
  
• Strong written and verbal communication skills
  
• Advanced Microsoft Office skills, including Excel, PowerPoint, and Word
  
• Knowledge of banking applications and systems, preferred
  
• Knowledge of banking products and services
  
• Effective project management and analytical skills
  
• Effective decision-maker
  

The estimated salary range for this position is $135,000USD to $150,00USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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