Business Risk and Control Manager - Deposits & Payments

Essential Duties And Responsibilities

• Build relationships with all levels of leadership to effectively manage risk within the Business Unit.
• Work within the Enterprise Risk Management (ERM) Framework.
• Partner with Compliance, Risk Management, and Audit to liaise in communicating and supporting all risk and compliance-based initiatives.
• Oversight of business controls (including risk and control self-assessments).
• Evaluation of control effectiveness.
• Identification of control gaps, and facilitation of timely remediation.
• Support internal and external audits, regulatory exams while providing ongoing monitoring and insight to proactively manage risk exposures.
• Conduct control testing and reporting; Monitor and report on control strengths.
• Maintain a library of process maps and a library of controls.
• Conduct Risk and Control Self-Assessments (RCSAs) within the oversight of the ERM Framework.
• Formally document and monitor any issues identified inclusive of entering those issues into the Issues Management System for remediation.
• Leverages risk assessment data and identify key data-driven insights tied to the Business Unit.
• Identifies and manages top and emerging risks that stem from business activities and the job role.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled.
• Follows written risk and compliance policies and procedures for business activities.
• Affords assistance in translating control deficiencies into action plans and provides recommendations to enhance governance practices in alignment with risk and compliance frameworks.
• Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.

Qualifications

• Expert knowledge in operation risk and controls execution in a medium to large financial institution.
• Excellent verbal and written communication skills.
• Ability to work independently in a changing environment with shifting priorities.
• Ability to manage multiple projects under stressed timelines.
• Read and interpret documents such as procedure manuals, general business correspondence and/or journals or government regulations.
• Write routine reports, procedures and business correspondence; ability to write procedures.
• Effectively present information in one-on-one and small group situations, to customers, senior management, and/or boards of directors.
• Bachelor’s degree in a business, risk, or related field, or equivalent experience 6+ years of experience in operational risk, controls, or bank operations (10+ years in lieu of degree).
• Advanced degree preferred with relevant industry experience.
• Demonstrated exposure to data analytics and emerging technologies to support risk insights and decision-making.
• Preferred experience with GRC platforms (Workiva, MetricStream, RSA Archer) to manage risk and control documentation.
• Expert proficiency with MS Office programs.
• Banking platform experience preferred.
• Financial Risk Manager (FRM) a plus.