Chair, Standards & Regulatory Alignment Committee

Position: Chair, Standards & Regulatory Alignment Committee — Global Risk Alliance (GRA) / Nexus Governance System
Type: Regulatory interface, standards alignment, and enforceability governance leadership role (non-executive; strictly non-executing)
Board: Council committee chairs are considered for Board/Trustee nomination after serving in good standing
Location: International (distributed, hybrid)
Term: 3 Years
Time commitment: ~15–30 hours per month (build-year cadence; surge periods around policy releases, supervisory engagement, and cross-jurisdiction escalations)
Apply here: https://therisk.global/work/job/chair-standards-regulatory-alignment-committee/

Context and Purpose

Finance-facing risk governance is only adoptable if it aligns with the realities of regulated environments: prudential expectations, conduct and disclosure regimes, model risk governance, outsourcing and third-party risk rules, audit requirements, and cross-border constraints (sanctions, data sovereignty, licensing). Misalignment creates adoption dead-ends: institutions cannot rely on outputs, legal teams block use, and regulators treat the system as ambiguous or unsafe.

The Chair, Standards & Regulatory Alignment Committee ensures GRA’s finance-usability standards remain regulator-readable, audit-survivable, and legally coherent across jurisdictions—without converting governance into regulation or execution. The committee translates regulatory and standards requirements into reusable governance templates and alignment mappings that support adoption by banks, insurers, DFIs, and capital markets.

This is governance—not execution. The role does not provide legal advice, act as a regulator, approve institutions, license activities, influence supervision outcomes, underwrite, place, broker, custody, operate markets, steer procurement, or imply endorsement.

Key Responsibilities

• Chair committee cadence and decision rhythm; maintain a disciplined pipeline of alignment dockets (standards mappings, regulatory-readiness checklists, disclosure rules, control baselines, cross-border constraint templates).
• Define “regulatory-alignment-ready” requirements for governance artifacts: clarity, enforceability posture, reliance boundaries, audit trail sufficiency, and explicit correction/supersession mechanics.
• Ensure outputs remain governance-safe: alignment mappings and templates, not legal advice or regulatory approvals.
• Maintain cross-standards alignment maps relevant to finance: disclosure and reporting regimes, model risk management expectations, operational resilience, outsourcing/third-party risk, cybersecurity, data governance, and conduct regimes.
• Produce regulator-readable summaries and “how to adopt safely” guidance (templates/checklists) that institutions can use internally with their own counsel and compliance teams.
• Ensure that governance outputs explicitly state what they are (standards, templates, evidence structures) and what they are not (advice, approvals, endorsements, supervision outcomes).
• Govern cross-border constraint posture: sanctions and export controls awareness, data sovereignty requirements, licensing perimeter clarity, and “most restrictive wins” logic where needed.
• Ensure handling and publication posture is consistent with regulatory expectations around market sensitivity, confidentiality, and protected information.
• Coordinate with records and communications integrity functions to ensure external claims about alignment are accurate, bounded, and recorded.
• Enforce neutrality and anti-capture posture in regulatory interfaces: prevent any institution from using the committee as a lobbying channel or a route to implied regulatory preference.
• Maintain competition-safe convening in regulatory and standards contexts; prevent collusion dynamics and preferential access.
• Ensure correction discipline is strong: when regulatory expectations shift or a mapping is wrong, publish corrections and supersessions transparently.
• Drive participation and seat coverage across regulators (current/former, where appropriate), standards bodies, compliance leaders, legal governance experts, and cross-border policy specialists—while enforcing fit-and-proper and conflict controls.
• Sponsor quarterly learning cycles: adoption blockers, audit findings, disputes, corrections, and improvements to alignment maps and templates.

Compensation, Remuneration, and Expenses

This role is designed to be trust-maximizing and capture-resistant in regulatory contexts.

• Governance authority is not paid. Compensation is never linked to votes, approvals, recognition decisions, enforcement actions, supervisory outcomes, market outcomes, or influence. No success fees. No pay-to-approve.
• Operational workload may be compensated (where permitted). If build-year operational work is required (alignment map maintenance, template libraries, regulator-readable briefs, committee operations), compensation may be provided only for clearly defined operational services—scoped, time-bounded, deliverable-based, independently approved, and auditable, with conflicts safeguards.
• Expenses may be reimbursed. Reasonable, documented, pre-approved out-of-pocket expenses required for the role may be reimbursed in accordance with policy and handling requirements.
• Standing and independence apply. Continued service depends on remaining in good standing, meeting disclosure obligations, and maintaining independence consistent with integrity and conduct requirements.

Opportunities for Leaders to Join

• Build the regulatory and standards alignment layer that removes adoption blockers for banks, insurers, DFIs, and capital markets.
• Shape regulator-readable templates that improve audit survivability, disclosure discipline, and cross-border coherence—without lobbying or execution drift.
• Convene compliance and standards leaders in a neutrality-safe forum designed for scrutiny and long-term credibility.
• Strong performance positions leaders for broader chairing responsibilities and board consideration (without implying entitlement).

Leaders Profile

We are seeking senior leaders (typically 15+ years) with credibility across one or more of:

• Financial regulation, prudential oversight, conduct and disclosure regimes, or supervisory governance (current/former as appropriate).
• Compliance, legal governance, model risk, operational resilience, outsourcing/third-party risk, or cyber governance in regulated institutions.
• Standards body participation or cross-standard alignment work relevant to finance and risk governance.
• Cross-border policy and constraints (sanctions, licensing perimeter, data sovereignty) in high-scrutiny settings.

Capabilities and Mindset

• Regulator-readable clarity: precise about what institutions can rely on and what they cannot.
• Boundary discipline: refuses to become a lobbying forum or de facto regulator.
• Neutral convenor: avoids preferential access and capture while convening powerful institutions.
• Correction-positive: updates mappings transparently as rules evolve.
• Strong writing: produces clean alignment maps, checklists, and adoption guidance without legal overreach.

Eligibility, Membership, and Independence

• Holds a primary full-time role outside the committee chair seat and can sustain the expected cadence and surge periods.
• Willing to fully disclose relevant interests (institutional roles, lobbying ties, advisory roles, financial interests) and comply with conflict-of-interest, recusal, and conduct requirements.
• Not placed in a situation where service creates unmanageable conflicts, compromises neutrality, or creates regulated-activity ambiguity.
• Accepts strict confidentiality, handling discipline, and communications integrity expectations.
• Commits to remain in good standing (participation, disclosures, and applicable contribution obligations).