Associated Bank

Manager of First Line Risk Deposits - Commercial

Associated Bank$98K — $168K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Risk Management or related field or equivalent experience.
  • 6+ years in commercial banking, risk/control functions, or deposit operations.
  • Experience with Risk and Control Self-Assessments (RCSA).
  • Strong understanding of regulatory compliance in deposit operations.
  • Knowledge of operational procedures within financial institutions.

Responsibilities

  • Coordinate the RCSA program for deposit products and document risks and controls.
  • Resolve deposit-related issues, customer complaints, and audit findings.
  • Collaborate with operational teams to execute and evaluate control effectiveness.
  • Partner with Compliance to assess regulatory changes and update risk procedures.
  • Conduct risk assessments for product or process changes affecting deposits.
  • Support risk reporting related to complaints, losses, and control tests.
  • Promote risk awareness among business line contacts and ensure framework alignment.
  • Prepare for audits and regulatory reviews in deposit operations.

Benefits

  • Retirement savings options including 401(k) and pension plans.
  • Paid volunteer time off.
  • Diversity-focused Colleague Resource Groups for connection.
  • Professional development and advancement opportunities.
  • Bonus benefits like well-being programs, parental leave, and stock purchase plans.
  • Personal banking, loan, and investment benefits.
Full Job Description
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. This position works with Deposit Operations, Compliance, and Business Risk teams to ensure proper risk mitigation and control execution within the deposit business line.

What you'll do:

  • 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.

What you'll bring:

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. Required

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life. 

  • 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.  

  • Personal banking, loan, investment and insurance benefits. 


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 the role.


For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.


$98,560.00 - $168,960.00 per year

About Associated Bank

Associated Bank is a regional bank that provides a wide range of financial products and services to individuals, businesses, and organizations. The bank offers personal and business banking, wealth management, and insurance services, and operates more than 200 locations throughout Wisconsin, Illinois, and Minnesota. Associated Bank was founded in 1861 and has a long history of serving its communities and customers. The bank is committed to providing exceptional customer service and building strong relationships with its customers.
Learn more about Associated Bank
Size
4,900 employees
Industry
Founded
1874

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