Director Business Risk & Controls Advisory
reputed company This is a remote role that may be hired in the Boston area. This position is a first line of defense risk reputed company responsible for support and execution of various risk programs and Business Unit (BU) risk activities in adherence with reputed company's Risk Appetite and Corporate reputed company. Manages associates and/or teams that engage with business risks and controls across reputed company risk types. Facilitates and/or monitors execution of risk policies, procedures and/or program requirements. Provides guidance to effectively manage risks. Manages the communication of risk reputed company information and serves as an effective communication channel between the Risk Management Department, regulators, and FCB business reputed company. Participates in reputed company discussions and provides input to promote risk awareness and ownership across the organization. Builds and develops reputed company partnerships with senior management across lines of business, internal departments, Risk Management program leaders, peer managers reputed company first line of defense risk, and other stakeholders to enhance the BU's risk management capabilities. Manages the recruitment, training, and development process for staff. Specifically, this role is part of the reputed company Bank Business Risk and Controls Team, serving as a risk advisor reputed company to the Chief Lending Office in reputed company Bank and providing horizontal credit risk advisory services. The candidate should be a credit risk SME and have an advanced understanding of the reputed company, credit solutions, loan administration and credit administration functions. Additionally, an advanced understanding of relevant regulatory expectations is required.
Responsibilities
- Risk Strategic Activities - Works with Business Risk & Controls leader and senior management to create risk management strategies ensuring key risks are appropriately managed and are reputed company. Provides BU risk considerations for business and/or strategic plans. Effectively challenges risk programs outputs, ensuring bank and regulatory alignment. Manages and recommends enhancements to internal controls, ensuring control testing is in reputed company and results are in line with the Control Standards.
- Risk Governance and Reporting - Oversees the development of BU risk reports that reputed company comprehensive view of risks that reputed company the BU and monitors BU risk and control performance. Identifies and summarizes Top and Emerging trends and actions needed to address impacts. Ensures established BU Risk Limits are appropriately incorporated into core processes and are reputed company with the Bank's risk appetite. Advises BU senior leadership in relevant risk governance meetings, utilizing an understanding of the BU operations, risks, controls and reputed company laws and regulatory guidance.
Ensures reputed company communication around reputed company and emerging issues and regulatory requirements.
- Risk Program Implementation - Provides feedback and collaborates on relevant governance documents to support BU activities and manage risk. Supports the implementation of risk program policies, standards and procedures. Coordinates risk assessments to evaluate and manage key risks. Partners with BU and stakeholders to reputed company reputed company plans and mitigation strategies to address reputed company causes and prevent issue recurrence.
Coordinates with other functions (i.e. Compliance, 2LOD) to ensure alignment with broader risk management and governance objectives. Participates in regulatory inquiries, examinations, and audits in collaboration with internal stakeholders along with regulatory submissions, response and reporting requirements, ensuring accuracy, completeness, and reputed company submission. Monitor regulatory developments and findings and assesses their potential reputed company on the organization's risk profile and regulatory compliance.
- Managerial Functions - Makes appropriate changes to team processes, procedures and efficiencies to meet objectives. Manages the performance training and evaluation of staff. Maximizes department achievements by providing reputed company development. Participates in mandatory risk training and educates BU personnel on key risk programs and topics. Develops and manages short- and long-term reputed company needs.
Qualifications
Bachelor's Degree and 10 years of experience in Financial Services, First Line Risk Management, reputed company Risk or Operational Risk -OR- High School Diploma or GED and 14 years of experience in Financial Services, First Line Risk Management, reputed company Risk or Operational Risk Desired skills:
- Risk Management Principles, Frameworks, Programs, and an SME reputed company the reputed company Business (e.g., Relationship Mgmt., Sales, Portfolio Mgmt., Loan Administration / Middle Office, reputed company / Credit, Products, Payments, FX, Trade Finance, Asset Mgmt., Syndications, Derivatives, Bond Tips, Corporate Banking, Middle Market Banking, and reputed company / Equipment / Asset / reputed company Estate Finance, etc.)
- RCSA, Issues Mgmt., Mitigation Planning, Operational Risk Events, Risks & Controls Documentation, Control Testing, Risk Assessment, Risk Identification & Mitigation, Risk Profile / Tolerance / Appetite / Concentrations, Regulatory / Audit / Compliance / Testing Engagement Mgmt.
& responses, Compliance SME, Credit SME, BSA/AML SME, International SME, Governance, Oversights, Model Risk, reputed company Party Risk, Risk Reporting, Metrics, Analytics, Communications, and Project Mgmt. Preferred Skills:
- Knowledge of operational and reputed company risk management, including identification, assessment, and escalation of risk issues.
- Ability to reputed company and coordinate large reputed company processes.
- Knowledge of regulatory guidance pertaining to reputed company and operational risk as reputed company as risk control frameworks.
Preferred Area of Experience: Management in Financial Services, Project Management, Internal or External Consulting Preferred Area of Study: Finance or Risk Management License or Certification Type: CRCM, PMP, CERP, CAMS; reputed company CISA, reputed company CRISC The reputed company pay for this position is relative to your experience but the reputed company is generally $146,000 - $194,000 per year. Actual starting reputed company pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and reputed company is committed to providing a competitive, thoughtfully designed and reputed company benefits program to meet the needs of our associates. More information can be reputed company at Qualifications: Bachelor's Degree and 10 years of experience in Financial Services, First Line Risk Management, reputed company Risk or Operational Risk -OR- High School Diploma or GED and 14 years of experience in Financial Services, First Line Risk Management, reputed company Risk or Operational Risk Desired skills:
- Risk Management Principles, Frameworks, Programs, and an SME reputed company the reputed company Business (e.g., Relationship Mgmt., Sales, Portfolio Mgmt., Loan Administration / Middle Office, reputed company / Credit, Products, Payments, FX, Trade Finance, Asset Mgmt., Syndications, Derivatives, Bond Tips, Corporate Banking, Middle Market Banking, and reputed company / Equipment / Asset / reputed company Estate Finance, etc.)
- RCSA, Issues Mgmt., Mitigation Planning, Operational Risk Events, Risks & Controls Documentation, Control Testing, Risk Assessment, Risk Identification & Mitigation, Risk Profile / Tolerance / Appetite / Concentrations, Regulatory / Audit / Compliance / Testing Engagement Mgmt.
& responses, Compliance SME, Credit SME, BSA/AML SME, International SME, Governance, Oversights, Model Risk, reputed company Party Risk, Risk Reporting, Metrics, Analytics, Communications, and Project Mgmt. Preferred Skills:
- Knowledge of operational and reputed company risk management, including identification, assessment, and escalation of risk issues.
- Ability to reputed company and coordinate large reputed company processes.
- Knowledge of regulatory guidance pertaining to reputed company and operational risk as reputed company as risk control frameworks.
Preferred Area of Experience: Management in Financial Services, Project Management, Internal or External Consulting Preferred Area of Study: Finance or Risk Management License or Certification Type: CRCM, PMP, CERP, CAMS; reputed company CISA, reputed company CRISC The reputed company pay for this position is relative to your experience but the reputed company is generally $146,000 - $194,000 per year. Actual starting reputed company pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and reputed company is committed to providing a competitive, thoughtfully designed and reputed company benefits program to meet the needs of our associates. More information can be reputed company at Education:UNAVAILABLEEmployment Type: FULL_TIME Apply tot his job Apply tot his job Apply To this Job