The regulatory environment in which we operate is complex and rapidly changing. To maintain our position as a global financial services leader, it’s critical that we be involved in the policy development discussions that shape our industry.
Our Regulatory, Industry and Government Affairs (RIGA) division is responsible for monitoring policy, legislative and regulatory developments globally, and for engaging policymakers and regulators on these issues on behalf of State Street and our clients.
The Regional Head of RIGA, Asia Pacific, is responsible for coordinating strategic government and regulatory engagement and advocacy, on behalf of State Street’s businesses in the region.
The incumbent will manage the APAC RIGA team; and collaborate with national and local governments and regulators, trade associations, and multinational organizations to shape the regulatory and policy landscape in order to help ourbusinesses to succeed and grow in the region.
This person will work closely with all regional business units, Legal, Compliance, Business Controls, Strategy, and other relevant internal stakeholders to create and implement effective short and long-
term advocacy strategies and action plans.
Monitor, coordinate and lead responses to consultations on regulatory changes in the financial industry in the Asia Pacific, working with the businesses, compliance, legal and other areas.
Interpret and influence policy and regulatory environment which may impact State Street’s businesses. Maintain and build a network of governmental, industry and regulatory contacts and drive development, positioning and implementation of outreach to public policy stakeholders in in support of State Street’s strategy.
Mentor and inspire the regional team to further develop their skills and positively contribute to State Street’s regional growth.
Prepare background briefing, talking points, meeting records and presentations for senior executives engaged with policy-makers.
Proactively alert businesses to relevant intelligence on pertinent regulatory changes ,government issues,and market access issues and work with key stakeholders to identify risks and opportunities, as well as a coordinated reponse strategy
Draft and contribute to public policy and thought leadership papers and relevant content for distribution and publication.
Engage with clients on regulatory developments, and contribute to strategy and corporate development projects related to RFPs and other business expansion opportunities.
Represent the firm in regional industry associations
Coordinate with the Global RIGA team on cross-border and global issues. While the position may be based in one of State Street’s offices in the region, regional travel will be required.
Minimum 5-10 years-plus experience in a related role in financial services, an industry association, government or regulatory agency.
Deep understanding of regional legislative and regulatory processes in key Asian financial markets, including China.
Successful team management experience.
Excellent written and oral communication skills; fluency in English is essential and proficiency in one or more language of the Asia Pacific is desirable.
Degree in politics, history, law, finance, economics, business, journalism.
Work experience in one or more countries of the Asia Pacific.
Ability to understand complex issues quickly and to explain them clearly and concisely.
Willingness to take initiative and to drive issues through to conclusion in short time frames.
Advanced negotiation skills to achieve compromise and to resolve differences of opinion.
High level of corporate professionalism, maturity and political acumen; ability to analyze, negotiate and influence appropriately.
Sound management and judgement skills, resourceful, confident, and able to listen and work collaborate.
Uncompromising level of ethical commitment and integrity.
Ability to multi-task, across projects and countries.
Networking skills to establish effective internal and external networks across the region.
Effective Drafting and delivery of presentations to media, clients and conferences.