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Director of Government Relations
Position Details
Company Description
The Institute of International Bankers (the IIB) serves as the sole national association dedicated exclusively to advocating for and representing the interests of internationally headquartered financial institutions operating in the United States. Founded in 1966, the IIB is composed of international financial institutions from 35 countries around the world and includes a broad membership of Associate Professional Members representing major law, consulting, and other professional firms that liaise directly with the international banking community.
With a presence in all 50 states, the IIB’s member financial institutions are an important source of credit for the American economy and significantly enhance the depth and liquidity of U.S. financial markets. IIB members also inject billions of dollars each year into state and local economies across the country through the direct employment of U.S. citizens and permanent residents, as well as through other operating and capital expenditures.
The IIB’s mission is to:
- Advocate for the enactment of laws or regulations that promote successful and equitable domestic operations of internationally headquartered financial institutions and oppose laws or regulations that restrict member institutions’ business opportunities in the United States.
- Provide education to members on how to navigate the application of United States banking laws and regulations to their operations and ensure that the global operations of its member institutions are not held to unwarranted applications of United States banking laws and regulations abroad.
- Convene members to compare best practices and discuss shared experiences via regular member meetings and specialized committee meetings and working groups.
For further information about the IIB, please visit https://www.iib.org/.
Position Description
This position, reporting to the CEO, will directly engage members of Congress, regulators, Administration officials, and other stakeholders to advance the IIB’s legislative and regulatory priorities and advance the image and reputation of IIB members. This position requires effective collaboration with all other members of the organization, as well as the government relations and public policy professionals at IIB member companies. As a core member of a small team, the position requires a person who is a self-starter and able to operate in an ‘all hands on deck’ atmosphere, pitching in to complete work across job functions.
Specific responsibilities include:
- Develop and maintain in-depth knowledge of the IIB’s policy priorities and relevant legislative and regulatory developments.
- Develop, own and execute plans to advance the policy interests of the IIB and its members at the federal level.
- Leveraging existing contacts and developing new relationships with congressional staff, relevant congressional committees, and the key personnel in the Administration to advance IIB legislative, regulatory, and policy priorities in a credible and trusted manner.
- Serve as day-to-day liaison with key congressional offices and committees by frequently interacting and engaging with key staff.
- Monitor federal legislative and administrative activity that might impact IIB’s members, including identifying, analyzing, and tracking legislation and regulations.
- Summarize relevant takeaways from appropriate hearings in written summaries for members.
- Work closely with the Director of Communications to develop advocacy materials and related communications.
- Provide regular updates to internal and external stakeholders, including the IIB’s policy committees and working groups.
- Maintain regular communication and coordination with the Washington representatives of IIB members, including conducting meetings on at least a monthly basis.
- Assist in the planning of at least 2 IIB conferences/seminars. Responsibilities may include identifying and managing speakers, drafting agendas, scheduling and running prep calls, and managing content relevant to members and other attendees.
- Managing external government affairs consultants.
- Serve as lead for select IIB committees and working groups as determined by the CEO, which includes setting the agenda in collaboration with the committee or working group chair, organizing and managing meetings and related communications, and serving as the primary point of contact among chairs, venue hosts, and committee and working group members.
Basic Qualifications
- A bachelor’s degree from an accredited four-year college or university is required.
Professional Experience
- 8-12 years of relevant professional experience, including 5 years of experience working in Congress and/or a federal agency.
- Knowledge of applicable banking laws and regulations.
- Familiarity with tax, derivatives and/or securities regulations.
Preferred Qualifications
- Strong interest in tax issues, such as the Corporate Alternative Minimum Tax (CAMT), OECD tax developments and Inflation Reduction Act tax credit implementation.
- Ability to effectively present financial/technical topics in a business-oriented fashion to non-technical audiences.
- Proven ability to meet deadlines and pay close attention to detail.
- Well organized with demonstrated multi-tasking skills.
- Experience working with and communicating to C-Suites, Boards, and other high-level stakeholders.
- Experience on the Senate Finance Committee, Senate Banking Committee, House Ways and Means Committee, House Financial Services Committee or federal agency including the Treasury Department, Federal Reserve Board, OCC, FDIC, CFTC or SEC.
What We Offer
The IIB offers a comprehensive total rewards package with highly competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace, including medical, dental, life, disability and 401(k) plan.
The compensation for this position ranges from $145,000 – $205,000. Actual compensation is dependent upon the specific role, as well as the individual’s qualifications, experience and skills.
Travel Requirements
This position requires travel to New York City 5 -10% of the time.
Contact Us
Interested persons should submit their resume and cover letter to Jobs@iib.org with the subject line: IIB Director of Government Relations.
Job posted: 2023-08-28