Role purpose

Regulatory Management deals with regulators and / or regulatory developments affecting the Bank, and in particular as they relate to Compliance risks, which include and are not limited to:

Regulatory Engagement: Delivering proactive and more consistent management and oversight of regulator relationships globally/regionally/country

Regulatory Development: Identification and oversight of upcoming and in train material regulatory compliance developments, supporting the Group to address regulatory change.

Main activities

Act as an SME in respect of the Compliance supported regulatory engagement, ensuring that the region and the country maintains full oversight of all relevant engagement with the regulators. For these purposes, the manager of Regulatory Affairs supports meetings, visits, reviews, thematic work, investigations, enforcement activities, reporting, information requirements, correspondence, and any of ad hoc nature.

Provide updates related to outcomes of regulatory engagements.

Support the delivery of Regulatory Affairs strategic projects.

Contribute to the formalization and maintenance of the Compliance portfolio of regulatory development and change themes, to be agreed as the demand requires. Ensure the effective hand-off to the Risk Stewards within Compliance to enable them to provide 2nd LoD oversight of implementation of regulatory change

Engage with and support consultation responses, lobbying and wider industry discussion and similar work in relation to material regulatory developments, working collaboratively with other relevant internal stakeholders, and internal representatives in the Mexican Banking Association.

Perform follow up and provide support on the implementation of regulatory changes.