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Regulatory Remediation Manager

Company Description

Sia Partners is a next-generation management consulting firm. We offer a unique blend of AI and design capabilities, augmenting traditional consulting to deliver superior value to our clients. Counting 3,000 consultants in 19 countries, we expect to achieve USD 420 million in turnover for the current fiscal year. With a global footprint and expertise in more than 30 sectors and services, we optimize client projects worldwide. Through our Consulting for Good approach, we strive for next-level impact by developing innovative CSR solutions for our clients, making sustainability a lever for profitable transformation.

Why Join The Sia Village?

Excellence | Entrepreneurship | Innovation | Teamwork | Care & Support | Employee Wellbeing

These are the six core values that guide all our actions. As an expression of our values, our Sia Village concept describes our commitment to fostering a sense of community within and among our offices. We believe that knowledge sharing is the key, not only to innovation, but to the growth and development of our people.

Your experience at Sia Partners will be enriched by a(n):  

  • Entrepreneurial journey
  • Career advocacy program that supports achieving professional development goals through guidance, and real-time feedback
  • Continuous learning & development opportunities
  • Diversity, equity, and inclusion programs with an ever-growing list of global affinity initiatives

Job Description

Sia Partners is looking for a talented Management Consultant to support our Financial Services practice serving our clients with regulatory remediation initiatives. The specialist will work closely with our client’s regulatory affairs, compliance and risk and finance teams, leading cross-functional regulatory remediation initiatives.

Responsibilities

  • Support clients with the development and execution of regulatory remediation plans
  • Stay abreast of regulatory changes
  • Collaborate with internal and client project team members, and contribute to internal communications and readiness activity within the program team and with client groups 
  • Provide status reporting of progress, dependencies, issues, risks and overall program health to Senior Management
  • Analyze program risks and identify, develop strategies to mitigate these risks
  • Contribute to the development of high-quality and timely deliverables
  • Develop and maintain best practices for regulatory compliance
  • Assist in the coordination and development of client proposals
  • Support practice, thought leadership, and people development

Qualifications

  • Bachelor’s degree in finance, accounting, or related field
  • 5 - 15 years of recent project management experience in a regulatory, compliance, risk, and/or securities-related projects required
  • Deep understanding of prudential regulations and related issues affecting financial services organizations in the US
  • Strong understanding of Banking business operations, risk, compliance, and finance functional areas
  • Strong understanding of financial products and services
  • Proven ability to develop and execute project plans related to regulatory remediation activities
  • Proven ability to identify and analyze risks, and develop strategies to mitigate them
  • Excellent communication and problem-solving skills
  • Demonstrated knowledge of project management principles and methodologies including agile/scrum
  • Certifications (PMP, CAPM, Agile, etc.) welcome

Additional Information

Compensation & Benefits 

  • $130 - 170K + Annual Discretionary Bonus. 
  • Healthcare coverage that includes medical, dental, vision and life insurance policies
  • Generous time off 
  • Parental leave paid at 100% of base pay for all new parents regardless of gender 
  • Building Healthy Families Program
  • 9 Company Holidays + 1 Floating Holiday 
  • 401(k) Plan - 4% matching on day 1
  • College save-up plan & college loan repayment plan
  • Monthly cell phone stipend 
  • Commuter Benefits 
  • Gym Reimbursement through firm medical plan

Our Commitment To Diversity

Diversity, equity, inclusion, and belonging (DEIB) are part of Sia Partners’ DNA. Thanks to our expertise in several sectors and our international growth, our teams include a variety of experiences and cultures. We’re confident that promoting DEIB creates an environment in which everyone can reach their full potential.

Our global network, DEIB@Sia Partners, brings together our people worldwide to facilitate local and global progress, focused on the following areas:

  • Gender equality (global Gender Equality Index score of 93/100 for 2023)
  • LGBTQ+
  • Race & Ethnicity
  • Working Parents
  • Disabilities

Hybrid Workplace Guidelines

Sia Partners maintains its hybrid workplace arrangements and provides a flexible workplace environment that is driven by client and business/market needs. At this time, in-person requirements are issued by departments (Business Unit/Business Line) and vary by office location. Consultants are expected to have the ability to be flexible with work location depending on business needs and live within a reasonable distance to the office.

Work Authorization & Sponsorship 

At this time, Sia Partners does not intend to pursue employment with applicants who will require now or in the future visa by our company for work authorization in the United States (i.e., H1-B visa, F-1 visa (OPT), TN visa, or any other non-immigrant status). 

Sia Partners is an equal opportunity employer. All aspects of employment, including hiring, promotion, remuneration, or discipline, are based solely on performance, competence, conduct, or business needs. 

Average salary estimate

$150000 / YEARLY (est.)
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$170000K

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What You Should Know About Regulatory Remediation Manager, Sia

At Sia Partners, we are excited to welcome a dedicated Regulatory Remediation Manager to our dynamic Financial Services practice based in New York, NY. In this role, you’ll be at the forefront of helping our clients navigate the complexities of regulatory compliance and remediation. You will partner closely with regulatory affairs, compliance, and risk teams to ensure our clients can effectively develop and execute regulatory remediation plans. With a robust foundation in project management, you’ll lead cross-functional teams, provide insights on regulatory changes, and contribute to a variety of exciting client initiatives. Your background in finance or accounting, coupled with at least 5-15 years of project management experience, will be crucial as you analyze risks and develop strategies that align with prudent regulations affecting financial services. This isn’t just another job for us; it’s an entrepreneurial opportunity to drive real impact while becoming part of a community that prioritizes innovation, diversity, and collaboration. You'll find continuous learning opportunities available to you along with genuine career support. Your journey at Sia Partners will be not only about professional growth but also enriching interpersonal relationships within our office and beyond. If you’re ready to take on this challenge and leverage your skills to make a difference, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Regulatory Remediation Manager Role at Sia
What responsibilities does a Regulatory Remediation Manager have at Sia Partners?

As a Regulatory Remediation Manager at Sia Partners, your primary responsibilities include developing and executing regulatory remediation plans for clients, collaborating with various internal teams, and providing status reports on program health and risks to senior management. You will also need to stay updated on regulatory changes that impact the financial services industry.

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What qualifications are required for the Regulatory Remediation Manager position at Sia Partners?

Candidates for the Regulatory Remediation Manager role at Sia Partners should have a Bachelor’s degree in finance, accounting, or a related field, alongside 5-15 years of project management experience in regulatory compliance, risk, or related projects. An understanding of prudential regulations affecting financial services organizations is essential, and certifications like PMP or Agile are welcomed.

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What skills are essential for success as a Regulatory Remediation Manager at Sia Partners?

Success as a Regulatory Remediation Manager at Sia Partners hinges on excellent communication and problem-solving skills, a strong understanding of banking operations, and the ability to develop project plans and mitigate risks. Familiarity with project management methodologies, including agile and scrum, is also beneficial.

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How does Sia Partners support employee development in the Regulatory Remediation Manager role?

Sia Partners places a strong emphasis on continuous learning and professional development. As a Regulatory Remediation Manager, you’ll benefit from an entrepreneurial journey, a career advocacy program, and various training opportunities to enhance your skills and further your career.

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What benefits do Regulatory Remediation Managers receive at Sia Partners?

Regulatory Remediation Managers at Sia Partners enjoy a competitive salary ranging from $130,000 to $170,000, an annual discretionary bonus, comprehensive healthcare coverage, generous paid time off, parental leave, a 401(k) plan with matching, and various wellness programs aimed at employee well-being.

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Common Interview Questions for Regulatory Remediation Manager
Can you describe your experience with regulatory remediation projects?

In answering this question, provide specific examples of regulatory remediation projects you’ve managed. Highlight your role in developing plans, mitigating risks, and collaborating with teams, demonstrating your understanding of the regulatory environment and the challenges faced during such initiatives.

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How do you stay updated on changes in regulations affecting financial services?

Discuss methods such as subscribing to industry newsletters, participating in workshops, or engaging with professional networks. This illustrates your proactive approach to staying informed in a constantly evolving field, reflecting the expectations for a Regulatory Remediation Manager at Sia Partners.

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What strategies do you use to identify risks in regulatory projects?

Explain your process for risk assessment, including how you conduct thorough analyses, consult with team members, and implement regular status reporting. Provide examples of how you've successfully identified and mitigated risks in past projects.

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Describe a time when you faced a significant challenge in a regulatory project and how you overcame it.

Use the STAR (Situation, Task, Action, Result) method. Share the background of the challenge, what your specific role was, the actions you took to address the issue, and the positive outcome. This showcases your problem-solving skills and resilience.

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How do you approach collaboration with cross-functional teams?

Highlight your leadership and communication skills by discussing how you foster teamwork and shared goals. Mention any tools or practices you’ve used to enhance collaboration and keep all parties informed throughout the project lifecycle.

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What role do you believe project management methodology plays in regulatory remediation?

Share your insights on how structured methodologies, such as Agile or Scrum, can improve efficiency, communication, and outcomes in regulatory remediation projects. Discuss how you’ve applied these methodologies in your past roles.

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What do you consider the most important aspect of developing a regulatory remediation plan?

Emphasize the importance of thorough analysis, stakeholder engagement, and realistic timelines. Discuss how a well-developed plan is key to addressing compliance issues effectively and ensuring all parties are aligned with expectations and responsibilities.

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How would you ensure that deliverables are of high quality and timely?

Express your commitment to establishing benchmarks, conducting regular reviews, and soliciting feedback from team members. Mention the importance of setting clear expectations and maintaining open lines of communication to ensure quality and timely deliverables.

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What experience do you have in creating client proposals for regulatory projects?

Detail your experience drafting proposals, explaining how you customize content to meet client needs, respond to requests for proposals (RFPs), and showcase the value of initiatives you would lead. Providing relevant examples can further enhance your credibility.

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How do you deal with conflicting priorities in project management?

Discuss your prioritization strategies, such as assessing project impact, timelines, and stakeholder needs. Share experiences that illustrate your ability to reprioritize effectively and manage expectations while ensuring project goals are met.

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S By Sia
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LOCATION
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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
January 27, 2025

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