Job Description

Managing Director, Commercial Bank Governance

Managing Director, Commercial Bank Governance

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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

• Bachelors 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/Planning

• Industries

  Banking

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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