This role is a key member of the corporate risk management team whose responsibilities include managing an overall risk governance structure, implementing a strategic risk monitoring program, implementing an increased use of automation and technology, and overseeing an emerging risk program.
The role requires a high level of initiative, innovation, ability to listen and consider other points of view and collaboration. Additionally, analytical abilities, organizational skill and project managementexperience are important for success.
•Manage the governance structure that oversees the risk committees of both the executive leadership team and the board of directors. A significant part of this responsibility includes preparing the committee materials for each meeting in collaboration with business leaders. A candidate must have a demonstrated record of producing executive reporting that is clear, concise and focused on materiality.
•Establish a robust process for monitoring operational, strategic and emerging risks. This responsibility will require interaction with senior business leaders as well as extensive individual research on industry trends.
•Implement a technology upgrade to automate risk reporting, adopt real time risk dashboards and use metrics for predictive analysis. This will require working with information technology professionals to develop an automated and easy to use solution. Oversee use of existing risk reporting software Archer.
•Assist risk management leadership to implement findings of strategic review of corporate risk management function. This will require experience with project management.
•Oversee various risk monitoring efforts, including risk appetites, key risk indicators, and risk events.
•Other duties as assigned.
•Bachelor’s degree in a related field
•10-15 years of related experience
•Broad based knowledge of risk management and internal control concepts associated with financial services industry practices
•Must have prior experience in managing a team
•Must demonstrate strong leadership and project management skills
•Ability to build effective teams, including developing and mentoring team members
•Must be able to build trusting relationships throughout the firm and interact with all levels of management
•Strong analytical and problem solving skills including the ability to probe sensitive issues while maintaining the highest level of integrity and objectivity
•Strong verbal and written communication skills. Clear and concise presentation skills.
•Ability to distinguish material from immaterial.
•Proficient computer skills and general knowledge of systems, operational risk applications, and infrastructure
•Strong listening skills, openness to considering other opinions, focus on innovation, self-motivated.