Manager Enterprise Risk Management Risk Assessment
City National Bank · Jersey City, NJ · 4 days ago
On-siteFinance$99k–$176k/yrFull-time
About the role
This position will be responsible for supporting the development and operation of City National Bank's (CNB's) Enterprise Risk Appetite and Metrics program. Responsibilities include project management; managing ERM processes; developing and implementing enterprise-wide policies; and facilitating the implementation and integration of risk management principles at all levels of the company.
What will you do?
- Help uplift City National Bank's Enterprise Risk Appetite and Metrics program in accordance with current and changing standards, regulations, policies, the financial services industry environment and internal needs/demands
- Provide thought leadership and help develop standards for establishment of an enterprise-wide limits framework that has the right balance of enterprise-wide consistency and business-centricity to make the program helpful for both the business and second line to monitor, aggregate and report on key risks.
- Manage annual refresh of Risk Appetite Framework and Metrics, coordinating with key 1LOD and 2LOD stakeholders, and RBC US and RBC Enterprise
- Work with regulatory support function for continuous monitoring and exam management, business unit/corporate and enterprise-wide business support groups to manage with cross-functional level issues associated with risk appetite and metrics
- Connect with key stakeholders; mobilize and motivate teams; set direction and approach; resolve conflict; deliver tough messages; manage risk; execute with limited information and ambiguity.
- Work with Risk Stripes (Credit, Operational etc.) and business control functions to communicate requirements, understand metric changes, and provide review and challenge
- Develop effective guidance materials for stakeholders to help them understand risk appetite concepts and aid metrics and limit development
- Ability to work independently in a challenging environment and be comfortable with putting structure and process around new initiatives
- Prior experience establishing a risk appetite and metrics program at a banking organization, or deep experience with a mature risk appetite program is beneficial
- Experience working within a risk stripe is a plus
- Experience with other risk programs is also a plus
Required qualifications
- Bachelor's Degree or equivalent
- Minimum 5 years of experience with banking systems/ processes, risk management methodologies, risk-based auditing techniques and/or internal controls
- Minimum 3 years of experience with risk areas, KPI and KRI
- Minimum 3 years' experience Project Management or leadership
Additional qualifications
- Quantitative analysis and data management experience desired.
- Must possess demonstrated ability to think critically and facilitate change through collaborative effort.
- Strong interpersonal, verbal and written communication skills.
- Extensive knowledge and experience with various reporting and analysis tools including Excel, Brio and MS Access required.
- Experience with Oracle software and reporting tools desired.
- Demonstrated ability to develop/run complex queries and create reports and presentations.
- Advanced Master's degree or MBA will be a plus
Pay
Starting base salary per year:
- For Zone0 locations (Los Angeles), range is $99,000 - $176,000
- For Zone1 locations (New York, Jersey City), range is $120,000 - $200,000
- For Zone2 locations (Charlotte, Dallas, Raleigh, Delaware, etc.), range is $90,000 - $160,000
- Exact compensation may vary based on skills, experience, and location.
- This job is eligible for bonus and/or commissions.
Benefits
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement