The Regulatory Risk & Transformation (RR&T) department is a new function established to execute the mandate of the Regulatory Committee, divided into the following four teams/topics:
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Regulatory Supervisory Relations
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Regulatory Change Management
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Regulatory Findings Management
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Regulatory Risk Oversight
Regulatory Findings Management is one of the four key teams within RR&T, directly contributing to the department’s mission to strengthen the bank’s regulatory compliance framework and foster a proactive approach to managing regulatory risks.
The teams will need to collaborate closely on many topics and may need to form ad-hoc task forces to deal with certain priority issues.