Anlst, Regulatory Relations

Webster Bank is a leading commercial bank focused on putting people first and helping them achieve their financial goals. The Analyst, Regulatory Relations supports the Compliance function with a focus on Regulatory Relations and Regulatory Change Management, providing foundational experience in compliance initiatives and regulatory communications.

Responsibilities

• Liaise with business units, risk management, legal, and other second-line functions to gather information and follow up on compliance and assist in cording communications and information requests for banking regulators
• Prepare supporting materials for compliance related meetings, regulatory examinations, and other supervisory interactions
• Support organization, tracking, retentions of regulatory correspondence and documentation
• Monitor, review, and summarize regulatory updates, guidance and rule changes issued by banking regulators
• Assist in the dissemination of regulatory updates to relevant business units and stakeholders
• Assist Compliance team with regulatory research and regulatory exam preparation while developing an understanding of the compliance regulations and requirements
• Maintain documentation to evidence compliance with the bank’s regulatory change management including regulatory inventory
• Draft concise summaries of regulatory developments, examination activities and compliance updates for internal stakeholders
• Participate in compliance meetings and working groups
• Prepare basic compliance reports, dashboards, and status updates as required
• Support additional compliance projects and initiatives as assigned

Skills

• Bachelor's degree
• Analytical aptitude with the ability to interpret and summarize regulatory information
• Strong written and verbal communication skills
• Attention to detail and accuracy in tracking and preparing information
• Ability to manage multiple assignments, meet deadlines, and collaborate across various teams and levels of management
• Demonstrated professional judgement with the ability to prioritize and escalate issues appropriately
• Internship experience or coursework related to banking, finance, compliance, or regulatory policy
• Familiarity with banking, regulatory agencies, risk, and regulatory frameworks

Benefits

• Incentive compensation

Company Overview

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