Manager of First Line Risk Deposits - Commercial

About the role

This role is responsible for executing risk and control routines specific to deposit products and services. The Manager of First Line Risk Deposits supports the implementation and monitoring of the Risk and Control Self-Assessment (RCSA), issue and complaint management, and deposit-related risk reviews. The position ensures alignment with regulatory expectations, operational procedures, and internal risk frameworks while collaborating with Deposit Operations, Compliance, and Business Risk teams.

Responsibilities

• Coordinate 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.
• Assist with 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

• Bachelor’s Degree or equivalent combination of education and experience in Business, Finance, Risk Management, or a related field.
• 6+ years of experience in commercial banking, risk/control functions, or deposit operations within a financial institution.

We welcome and encourage applications from all qualified parties, including people returning to the workforce, people with disabilities, those without a college degree, veterans, and those with military experience.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Diversity-focused Colleague Resource Groups for networking and connection.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, and an employee stock purchase plan.
• Military benefits.
• Personal banking, loan, investment, and insurance benefits.

Pay

$98,560.00 - $168,960.00 per year. The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications. For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.