Manager of First Line Risk Deposits - Commercial
About the role
The Manager of First Line Risk Deposits is responsible for executing risk and control routines specific to deposit products and services. This role supports the implementation and monitoring of the Risk and Control Self-Assessment (RCSA), issue and complaint management, and deposit-related risk reviews. The manager ensures alignment with regulatory expectations, operational procedures, and internal risk frameworks.
Responsibilities
- Cook up and maintain the Risk and Control Self-Assessment (RCSA) program for deposit products, ensuring accurate documentation of risks and controls.
- Support the review and resolution of deposit-related issues, customer complaints, and audit/exam findings to improve operational controls.
- Collaborate with first line leaders and operational teams to execute controls and track control effectiveness within deposit processes.
- Partner with Compliance and Operational Risk to assess regulatory changes and implement updates to deposit risk procedures as needed.
- Aid in initiative risk assessments (e.g., product or process changes) to evaluate impact on deposit-related risks and controls.
- Support risk reporting and documentation related to complaints, losses, KRIs, and control test results for deposit functions.
- Engage with business line contacts to promote risk awareness and ensure alignment with enterprise risk frameworks.
- Contribute to internal readiness for audits and regulatory reviews specific to deposit operations.
Requirements
Education: Bachelor's Degree or equivalent combination of education and experience. Business, Finance, Risk Management or related field of study.
Required Experience: 6+ years experience in commercial banking, risk/control functions, or deposit operations within a financial institution.
Qualifications
Required: Applications are welcome from all qualified parties, including returning workers, individuals with disabilities, those without a college degree, and veterans or those with military experience.
Benefits
Retirement savings including both 401(k) and Pension plans. Paid time off to volunteer in your community. Opportunities to connect with others through our diversity-focused Colleague Resource Groups. Competitive salaries with professional development and advancement opportunities. Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
Pay
$98,560.00 - $168,960.00 per year