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!

The Managing Director (MD) of Regulatory Reporting is a member of the firm's regulatory reporting function, responsible for regulatory interpretations, ensuring compliance with U.S. banking regulations and providing strategic insights to senior leadership. This role oversees the preparation and submission of critical reports and partners with cross-functional teams to align reporting with business strategy.

What you will do

• Regulatory Interpretations & Policy: Monitor, analyze, interpret, and communicate the impact of changes to laws, rules and regulations that impact Webster. Provide guidance on rule interpretation, new transaction activity, and implementation of new requirements across the bank. Remain up to date on governance requirements and regulations; recommend amendments to policies and procedures accordingly.

• Regulatory Compliance & Oversight: Serve as the primary liaison with regulatory agencies (FRB, OCC, FDIC), managing examinations, audits, and inquiries.

• Strategic Leadership: Provide thought leadership on regulatory trends and reporting risks. Advise senior management on compliance strategies and process improvement opportunities. Monitor regulatory changes and lead change management initiatives to ensure ongoing compliance.

• Team Development: Build, develop, and manage a high-performing team of regulatory reporting professionals. Foster a culture of accountability, continuous improvement, and technical excellence. Oversee training plans and preparation of training materials.

• Cross-Functional Collaboration: Partner with key stakeholders across Finance, Treasury, Risk Management, IT, and Compliance to ensure regulatory reporting aligns with business operations and strategic objectives.

Skills and Abilities

• Strong analytical, problem-solving, and decision-making skills.

• Excellent communication and presentation skills, with the ability to effectively convey complex information to both technical and non-technical stakeholders.

• Provides regulatory compliance information by identifying, interpreting, and disseminating new regulatory trends, expectations, and compliance documents.

• In-depth knowledge of OCC Heightened Standards and Regulatory Category IV banking requirements preferred.

• Risk Data Analysis: Apply your deep understanding of risk data and reporting frameworks to conduct detailed analysis, identify gaps, and implement data-driven solutions to achieve heightened standards.

Education Qualifications

• Bachelor’s Degree in Arts/Sciences (BA/BS) Accounting, Finance, Economics, or a related field required

• Master’s degree in Arts/Sciences (MA/MS) Business Administration preferred

• Master’s degree in Arts/Sciences (MA/MS) Finance preferred

Experience Qualifications

• 10-11 years Minimum of 10 years of progressive experience in regulatory reporting within banking or financial services. Extensive knowledge of U.S. regulatory requirements and frameworks (e.g., Dodd-Frank, Basel III). required

Licenses and Certifications

• Certified Public Accountant (CPA) required

• Chartered Financial Analyst (CFA) preferred

The estimated base salary range for this position is $180,000 USD to $200,000 USD plus incentive plan.  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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Webster Financial Corporation and its subsidiaries (“Webster”) are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.