Managing Director, Commercial Bank Governance
Managing Director, Commercial Bank Governance
Get AI-powered advice on this job and more exclusive features.
This range is provided by Calculated Hire. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$120,000.00/yr - $140,000.00/yr
Managing Director, Commercial Bank Governance
Locations: Boston, Connecticut, New York
This Is What You Will Do (Position Summary)
The Managing Director, Commercial Bank Governance will lead the development and execution of a comprehensive first line governance framework for the Commercial Bank. This role is critical to ensuring that internal procedures, templates, and operational practices are aligned with regulatory expectations, internal control standards, and business strategy.
This leader will serve as a key liaison between the Commercial Bank, the centralized Front Line Control Office (FLCO), and second-line risk and compliance partners. The ideal candidate will bring deep commercial banking expertise, a strong understanding of OCC Heightened Standards, and the ability to influence across all levels of the organization
Responsibilities
- Establish and implement a first-line governance and quality control framework for Commercial Banking, aligned to enterprise standards and regulatory expectations, covering both credit and compliance domains.
- Lead the governance of business-owned compliance activities, including regulatory change management, exam readiness, and coordination with second-line Compliance.
- Collaborate with FLCO leadership to ensure alignment between control execution and procedural governance.
- Collaborate with second and third lines of defense to ensure regulatory expectations and internal policies are embedded in frontline practices.
- Develop and maintain governance routines, including documentation review cycles, documentation standards, and reporting to Commercial Bank leadership.
- Lead a team responsible for managing critical risk programs (e.g., regulatory compliance, quality control, policy/procedure governance) for the Commercial Bank.
- Support regulatory and internal reviews, including documentation preparation, walkthroughs, and response coordination.
- Aid in the resolution of complex operational risk issues and contribute to a risk-aware culture through training and communication.
- Mentor and build a high-performing team, fostering a culture of accountability, transparency, and continuous improvement
Education, Skills & Requirements
- Bachelor’s degree required; advanced degree or professional certification (e.g., CRCM, CRMA) preferred.
- 10+ years of experience in commercial banking, credit operations, or first-line risk management, with at least 5 years in a leadership role.
- Deep understanding of OCC Heightened Standards, risk governance frameworks, and three-lines-of-defense models.
- Strong project management and documentation skills; experience with governance tools such as SharePoint, How2Work, or similar platforms.
- Familiarity with commercial lending systems (e.g., Sageworks, nCino, PrecisionLender, Salesforce, Fiserv, LoanIQ, Nautilus) is a plus.
- Demonstrated ability to build and scale teams, drive change, and operate in a fast-paced, regulated environment.
Seniority level
Seniority level
Director
Employment type
Employment type
Full-time
Job function
Job function
Finance and Strategy/PlanningIndustries
Banking
Referrals increase your chances of interviewing at Calculated Hire by 2x
Inferred from the description for this job
Medical insurance
Vision insurance
401(k)
Get notified about new Managing Director jobs in Boston, MA .
Vice President, FSP Operational and Commercial Strategy
Regional Vice President, Mid-Market (East)
Regional Vice President - Community & Regional Sales - Boston
Boston, MA $114,000.00-$179,550.00 2 weeks ago
Regional Vice President of Traditional Sales
Assistant Vice President of Fundraising, Endurance Events - Northeast
Boston, MA $100,000.00-$135,000.00 2 months ago
Assistant Vice President of Fundraising, Signature Events - Northeast
Vice President of Transmission Engineering
Senior Vice President, Revenue Operations
Boston, MA $250,000.00-$275,000.00 4 days ago
General Manager, Media, Entertainment, and Technology
Director | Managing Director, Non-Sponsored Originations Eastern US (Direct Lending)
Managing Director, Mergers & Acquisitions
Regional Vice President (RVP) of Sales, FSI - US
Boston, MA $195,000.00-$225,000.00 2 weeks ago
Vice President of Field Operations – Americas (Cloud Data & AI in Life Sciences) - US Remote
Vice President of Marketing, North America
Director of Performance Marketing, Growth
Boston, MA $100,000.00-$110,000.00 4 days ago
Boston, MA $340,000.00-$400,000.00 4 days ago
Senior Managing Director, Sponsor Finance
Boston, MA $275,000.00-$325,000.00 2 weeks ago
Boston, MA $120,000.00-$140,000.00 3 weeks ago
Boston, MA $225,000.00-$400,000.00 5 days ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr