Senior Risk Officer - Supply Chain Management - Salt Lake City
About the Company
Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Recognized by American Banker magazine for having a top banking team, Zions is consistently voted the best bank in its local markets by customers. The company values its employees and is committed to creating fulfilling opportunities, rewarding contributions, and fostering strong community ties.
About the Role
Zions Bancorporation is seeking a Senior Risk Officer and Subject Matter Expert (SME) in Supply Chain Management to join the Operational Risk Oversight (ORO) team. As a crucial member of the second line of defense, you will provide independent oversight, review, and credible challenge to the first-line Supply Chain Management business unit. This role involves acting as a trusted advisor to identify, assess, and mitigate operational and supply chain risks across the bank’s diverse operations while ensuring alignment with the Bank’s operational risk appetite.
Responsibilities
- Act as the Second Line of Defense SME for Supply Chain Risk, fostering a collaborative relationship with the first-line Supply Chain Management team while maintaining independence to provide effective review and credible challenge.
- Oversee, analyze, and evaluate first-line supply chain business processes, procedures, and controls to assess the control environment, identify process improvement and risk mitigation opportunities, and support the development of key controls, key risk indicators (KRIs), and management reporting.
- Perform data analysis and testing to support conclusions regarding operational risk within supply chain processes, including sourcing, procurement, and vendor lifecycle management.
- Rapidly analyze complex supply chain and risk data (including GRC/Archer data integrity), translating results into clearly written reports and memos for executive audiences.
- Communicate feedback to process owners and senior management regarding process improvement and operational risk mitigation opportunities.
- Conduct issue/observation analysis related to audit findings, self-identified issues, and operational risk events within supply chain.
- Develop and deliver targeted operational risk and process risk training and resources to first-line supply chain partners to enhance risk awareness and promote a strong risk culture.
- Review and assess root causes of significant operational risk events impacting the supply chain and perform post-event reviews as needed.
Requirements
- Bachelor’s degree in Supply Chain Management, Business Administration, Finance, Economics, or a related field.
- 6+ years of experience as a subject matter expert in supply chain management, procurement, bank operations, risk management, or other directly related fields, preferably within financial services.
- Proven ability to build strong, healthy relationships across teams and leadership roles while providing constructive, independent review and credible challenge to the first line of defense.
- Extensive SME-level knowledge of supply chain management frameworks, procurement lifecycles, and vendor management risks.
- Strong presentation and communication skills, both verbal and written, with the ability to draft clear, accurate reports and policies for executive and regulatory audiences.
- Advanced analytical, root-cause analysis, and problem-resolution skills.
- Ability to quickly learn and navigate complex organizational structures, business processes, and bank-specific requirements.
- Strong proficiency in Governance, Risk, and Compliance (GRC) tools (experience managing data integrity in Archer is a plus) and Microsoft Office applications (Word, Excel, and PowerPoint).
Benefits
- Medical, Dental, and Vision Insurance – starting on day one.
- Life and Disability Insurance, Paid Parental Leave, and Adoption Assistance.
- Health Savings Account (HSA), Flexible Spending Account (FSA), and dependent care accounts.
- Paid Training, Paid Time Off (PTO), and 11 Paid Federal Holidays.
- 401(k) plan with company match and Profit Sharing.
- Mental health benefits including coaching and therapy sessions.
- Tuition Reimbursement for qualifying employees.
- Employee Ambassador preferred banking products.