Director, Banking (Risk & Regulatory)
West Monroe · Chicago, United States +3 · 4d ago
Are you ready to make an impact?
West Monroe is seeking a Director to help build and lead our Risk & Regulatory capabilities within the Banking practice. This leader will advise financial institutions on evolving enterprise risks, with a primary focus on technology and data risk and growing considerations related to artificial intelligence. The Director will combine banking risk expertise, technology fluency, and consulting leadership to help clients strengthen risk management while enabling innovation and transformation. This role will also shape our market offerings, originate client opportunities, and develop the teams and capabilities needed to grow the discipline.
What You Will Do
Client Delivery
- Advise banking executives and risk leaders on enterprise technology and data risk, including governance, controls, risk assessment, regulatory expectations, and transformation.
- Help clients identify and manage emerging risks associated with AI, data, technology modernization, third-party ecosystems, automation, and evolving digital capabilities.
- Connect technology and data risks to broader enterprise and operational risk frameworks, translating complex issues into practical actions for business, risk, and technology leaders.
- Lead complex risk and regulatory engagements, overseeing strategy, approach, teams, quality, financial performance, and executive stakeholder relationships.
- Apply knowledge of traditional banking risk and regulatory expectations to develop pragmatic solutions that balance risk management, compliance, and business objectives.
- Leverage AI tools to accelerate analysis, synthesize complex information, and support data-driven recommendations for clients, exercising sound judgment in evaluating outputs.
- Apply AI technologies (e.g., generative AI, automation tools, data models) to enhance insights, improve delivery efficiency, and elevate the quality of client outcomes.
Business Development
- Build executive relationships and originate opportunities related to technology risk, data risk, AI risk, enterprise risk, and regulatory transformation.
- Shape differentiated solutions and lead pursuits from opportunity identification through proposal development and close.
- Identify emerging banking risk priorities and translate market needs into new offerings and client conversations.
- Build West Monroe’s presence in the market through executive relationships, industry participation, and thought leadership.
Practice Development
- Build and scale West Monroe’s Banking Risk & Regulatory discipline, with particular emphasis on enterprise technology, data, and emerging risk.
- Define offerings, methodologies, accelerators, and points of view that differentiate West Monroe in the market.
- Build connectivity across Banking, Technology, Data, Cybersecurity, and AI capabilities to deliver integrated risk solutions.
- Recruit, mentor, and develop practitioners while building a strong community of risk expertise across the firm.
What You Will Bring
- 12+ years of relevant consulting, banking, risk, or regulatory experience, including experience advising financial institutions.
- Deep expertise in enterprise technology risk and/or data risk within banking or financial services.
- Strong understanding of banking risk management, governance, controls, regulatory expectations, and the three lines model.
- Experience addressing emerging risks associated with AI, data, technology transformation, cloud, automation, or other evolving technologies.
- Ability to connect technical risk topics to enterprise risk, regulatory requirements, and business strategy for executive audiences.
- Demonstrated experience building capabilities, offerings, or teams and bringing new solutions to market.
- Proven ability to originate opportunities, develop executive relationships, lead pursuits, and contribute to revenue growth.
- Experience leading complex engagements and multidisciplinary teams while maintaining quality and client outcomes.
- Experience integrating AI tools (e.g., ChatGPT) into day-to-day workflows to enhance productivity and insight generation, coupled with strong critical thinking to assess accuracy, mitigate bias, and ensure high-quality outputs.
- Ability to travel 25 to 50%.
- A commitment to inclusion and diversity, and openness to new ideas and perspectives.
- Ability to work permanently in the United States without sponsorship.
Based on pay transparency guidelines, a reasonable expectation for the salary range for this role is listed below. Information on our competitive total rewards package, including our bonus structure and benefits is here. Individual salaries are determined by evaluating a variety of factors including geography, experience, skills, education, and internal equity. Employees in proximity of our Seattle, Washington DC, Los Angeles, New York, and San Francisco offices will have a geographic premium applied to this salary scale.
Employees (and their families) are covered by medical, dental, vision, and basic life insurance. Employees are able to enroll in our company’s 401k plan, purchase shares from our employee stock ownership program and be eligible to receive annual bonuses. Employees will also receive unlimited flexible time off and ten paid holidays throughout the calendar year. Eligibility for ten weeks of paid parental leave will also be available upon hire date.
Other consultancies talk at you.
At West Monroe, we work with you.
We’re a global business and technology consulting firm passionate about creating measurable value for our clients, delivering real-world solutions.
The combination of business and technology is not new, but how we bring them together is unique. We’re fluent in both. We know that technology alone is not the answer, but how we apply it is. We rely on data to constantly adapt and solve new challenges. Actions that work today with outcomes that generate value for years to come.
At West Monroe, we zero in on the heart of the opportunity, getting to results faster and preparing people for what’s next.
You’ll feel the difference in how we work. We show up personally. We’re right there in the room with you, co-creating through the challenges. With West Monroe, collaboration isn’t a lofty promise, but a daily action. We work together with you to turn vision into clear action with lasting impact.
West Monroeis an Equal Employment Opportunity Employer
We believe in treating each employee and applicant for employment fairly and with dignity. We base our employment decisions on merit, experience, and potential, without regard to race, color, national origin, sex, sexual orientation, gender identity, marital status, age, religion, disability, veteran status, or any other characteristic prohibited by federal, state or local law. To learn more about diversity, equity and inclusion at West Monroe, visit www.westmonroe.com/inclusion. If you require a reasonable accommodation to participate in our recruiting process, please inquire by sending an email to recruiting@westmonroe.com.
Please review our current policy regarding use of generative artificial intelligence during the application process. Additionally, West Monroe uses the BrightHire platform to record live interviews so our team can capture notes more accurately, stay focused on the conversation, and continually improve our interview process. You can review our privacy notice for more information about this process and how recordings are used. If you have any questions, reach out to recruiting@westmonroe.com.
If you are based in California, we encourage you to read West Monroe’s Notice at Collection for California residents, provided pursuant to the California Consumer Privacy Act (CCPA) and linked here.