First Line Risk & Control Manager

Key Responsibilities

• Risk Identification and Assessment: Assist in the identification and assessment of risks within the US Bank, ensuring that all potential risks are documented and evaluated, and assist in implementation of the new RCSA framework.
• Control Implementation: Assist in the design / identification, implementation, and maintenance of effective controls to mitigate identified risks. Assist in the identification of control gaps or where control enhancements may be required. Ensure that controls are embedded within business processes, documented and evaluated regularly.
• Monitoring and Reporting: Assist in the design of control monitoring and report on the effectiveness of controls and on risk and control metrics to senior management. Provide regular updates on the risk landscape and control environment.
• First Line Accountability: Promote greater first line ownership of risk management activities alongside championing a strong risk culture.
• Incident Management: In conjunction with the impacted team(s), ensure Root Cause Analysis is conducted, and appropriate remediation activities are identified and implemented.
• Compliance: Ensure compliance with internal policies, procedures, and regulatory requirements. Work closely with compliance and audit teams to address any issues or findings.
• Audit: Provide support to auditees in designing and developing appropriate tactical and strategic Management Action Plans to remediate risks identified in a timely manner, with the appropriate level of governance and oversight.
• Training and Awareness: Develop and deliver training programs and guidelines to enhance risk awareness and control understanding among front-line colleagues.
• Collaboration: Collaborate with second and third lines of defence, to ensure a cohesive approach to risk management.
• Continuous Improvement: Identify opportunities for process and control improvements and implement changes to enhance the risk and control framework.

What We're Looking For

• Minimum of 7 years of experience in risk management, internal audit, or a related field.
• Strong understanding of risk and control frameworks, including the three lines of defence model.
• Strong analytical and problem-solving abilities.
• Proficiency in data analysis tools and technologies, including experience with process automation.
• Happy collating data and writing supporting commentary for an executive audience.
• A consultative style with the ability to work collaboratively across all business units and establish credibility quickly.
• A self-starter, able to work independently and make prioritization decisions.
• Strong communication and interpersonal skills.

Education / Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field.