As the Regulatory Affairs Assistant,you will play an important role in supporting prudent regulation of banking. Working in our Manhattan-based Office of Regulatory Affairs, you will work directly with executives from America’s leading banks to research and synthesize information, supporting the development of regulatory comment letters, white papers, and other information. We do not expect you to already possess a deep knowledge of banking, but in this highly visible role, you will soon develop that understanding. This role is an outstanding springboard for your career where you will learn from the best and build an elite network of contacts.
In a typical day, you might receive emails from, or schedule calls with, the Chief Financial Officer or Chief Risk Officer at some of the most prestigious financial institutions in the world. You might attend meetings at the Federal Reserve, or help gather information to better understand an emerging regulatory issue. You might be involved in responding to a key issue in the news.
Your interest in tracking current events, your innate curiosity, and your ability to ask good questions will serve you well in this role. And as your knowledge of the banking industry and regulation grows, you will begin writing the first draft of regulatory comment letters, and become sought after as an expert on issue areas like bank liquidity and regulatory reporting.
The Bank Policy Institute (BPI) conducts research and advocacy on behalf of America’s leading banks. Banking and financial services are a central pillar of economic activity, and the prudential regulation of this industry affects not only the safety, soundness, and financial stability of this economic sector, but also broader innovation and credit availability – serving to boost U.S. commerce as a whole. BPI’s members make 72% of all loans and 44% of the nation’s small business loans.
BPI is a nonpartisan public policy, research and advocacy group, representing the nation’s leading banks. Our members include universal banks, regional banks and major foreign banks doing business in the United States. Collectively, we employ millions of Americans and serve as an engine for financial innovation and economic growth.
Our staff includes economists, researchers, financial analysts and attorneys, all focused on using data and analysis to shape sound policy. We distribute our research and analysis to U.S. and global regulators, members of Congress, academics and media through academic-quality research papers, blog posts, white papers, comment letters, and Congressional testimony.
Our members are financing the American economy – creating jobs, expanding businesses, securing homes, businesses and retirement, insuring growth and building consumer confidence.
With expanding Washington involvement in our industry, forming relationships and engaging with public officials and policymakers is critical to helping our members understand policies and regulations, and provide advice and guidance to help shape them.
Responsibilities of the Regulatory Affairs Assistant
Work directly with our members to research and synthesize information, supporting the development of regulatory comment letters, white papers, and other written materials. Proofread and format documents as needed.
Quickly absorb and learn the details of regulatory policy and reporting, with intention of becoming an expert on various topics. (It is expected that you will be able to lead the drafting of comment letters and white papers, once up to speed on these topics.)
Identify, build relationships with, interview, and collaborate with members, subject matter experts, and thought leaders to develop topical knowledge, professional opinion, commentary, and other information to generate content. Facilitate exchange of knowledge between external sources of subject matter expertise.
Schedule and arrange meetings and conversations with members.
Field calls from key members regarding regulatory issues, addressing directly or coordinating additional conversations with senior regulatory staff at BPI.
Compile data from multiple members and stakeholders to prepare appropriate regulatory comment documents, white papers, etc.
Perform other administrative duties, including calendar management, meetings support, time and priority management, and project management and timeline preparation.
Qualifications of the Regulatory Affairs Assistant
Bachelor’s degree in economics or liberals arts preferred. Knowledge of the financial industry is a plus.
Excellent Microsoft Office skills, especially Word and PowerPoint.
Strong written and oral communications; must be able to communicate with people at all levels.
Experience processing, synthesizing and distilling large amounts of complex written and verbal communications into new formats.
Strong organizational abilities.
Intellectual curiosity for learning about the financial services industry.
Ability to travel domestically on occasion.
Attributes of the Regulatory Affairs Assistant
Accountable. You earn trust by your actions and faithfully keep your promises.
Collaborative. You are able to confidently engage with staff at all levels to define needs and expectations. You collaborate on projects and communicate results.
Detail Oriented. You get it right the first time and accurately keep track of all the moving parts.
Great Communicator. You are articulate. You have concise, accurate, effective written and verbal communication skills. You communicate and coordinate effectively at every level.
Team Player. You thrive in a team environment, yet work well independently. You carry your weight in the team, learning from others and contributing in equal measure.
Curious. You like learning new things and collecting and sharing information. You ask questions, listen, and learn.
Project manager. You can juggle multiple tasks, allocate and optimize resources, and manage timelines.
What’s Attractive to the Right Regulatory Affairs Assistant Candidate?
You will have visibility and access to an elite network of contacts, forming connections with brilliant, amazing people in the crucially important financial banking industry.
You will see how regulatory policy is shaped, and have the opportunity to help shape that policy. You will have access to a unique perspective on current global economic events.
You will have the ability to maintain a good work-life balance, with only occasional need to work on nights and weekends.
We offer competitive benefits including medical, dental & vision insurance, flexible spending account, life and disability insurances, employer matched 401(k) and supplemental retirement plans, and transportation benefits.
To Apply for the Regulatory Affairs Assistant position with BPI
Simply email your resume to Ellen Greenwood at firstname.lastname@example.org with “BPI – Regulatory Affairs Assistant / 2018-2376 ASAE” as the subject of the email.
Please note: Internally this position title is: AVP, Regulatory Affairs.
Staffing Advisors has been engaged to find the right candidate and is committed to helping create a diverse work environment for our client. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or any other basis protected by law. This position may require pre-employment screening potentially including a criminal background check, verification of academic credentials, licenses, certifications, and/or verification of work history.
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