Segment Risk Manager

About the role

The Segment Risk Manager is responsible for oversight and administration of operational and regulatory risk strategy programs for a business segment.

Responsibilities

• Evaluate effectiveness of controls and escalate as appropriate.
• Direct self-monitoring and testing activities to ensure that they are performed in accordance with Corporate Risk Management requirements.
• Evaluate the adequacy and effectiveness of enterprise and regulatory controls and the resulting risk and control self-assessments.
• Deliver timely escalation of all issues requiring attention to senior management.
• Work with business segment management to ensure that the overall risk function is effectively supporting strategic goals.
• Collaborate with audit/business segment/corporate risk to address issues with plausible action plans and target dates.
• Act as the central point for receipt and distribution of important risk information for the business segment and reciprocate the flow of information back to corporate risk management.
• Ensure business segment adheres to corporate and business unit policies and procedures.
• Must be aware of and keep abreast of credit risk associated with assigned business segment.
• May or may not have managerial responsibility.
• Performs other duties as assigned.

Basic Qualifications

• Bachelor's degree.
• Minimum of 5 years of experience in Audit, Compliance, Risk Management or Operational Risk.
• In lieu of a Bachelor's degree, 4 additional years of segment-specific or risk related experience may be considered.

Preferred Qualifications

• Advanced knowledge of risk management principles and regulatory compliance requirements.
• Strong organizational, analytical, critical thinking and problem-solving skills.
• Excellent verbal and written communications and the ability to communicate and present requirements and issues clearly and concisely.
• Strong interpersonal skills and ability to build strong partnerships and work collaboratively with all businesses.
• Ability to deal with ambiguity, multi-task and work in a fast-paced environment.
• Proficiency in MS Office suite.

Workplace Type

Office