Risk Appetite and Reporting Leader

Company: First Citizens
Location: Raleigh
Posted on: March 18, 2023

Job Description:

Overview

• As a key member of our Enterprise & Operational Risk Management team, you will lead a group of talented individuals in support of our enterprise risk appetite, key risk indicator, risk reporting, and risk committee management. You will advance our approach & processes and evolve our risk management posture to align more closely with banking industry best practice and regulatory expectations for a Top 20 financial institution. You will manage development of our Enterprise Risk Appetite and facilitate monitoring of our risk exposure through comprehensive risk reporting and key risk indicators. You will engage with leaders throughout the Bank, including executive leadership, ensuring alignment of risk reporting processes and risk monitoring mechanisms. You will engage with business leaders to set executive leadership and Board risk committee agendas, ensuring robust and timely flow of risk information to the Board. You will collaborate closely with colleagues in the second line of defense, ensuring a coordinated approach for gathering information and providing a holistic view of risk management to executive leadership and the Board. You will be a key influencer and advocate for continuous improvement within the risk management function. Responsibilities
  • Risk Appetite:
  • • Work with key stakeholders to develop/update/maintain the Bank's Enterprise Risk Appetite and supporting Key Risk Indicators
    • Coordinate and monitor Key Risk Indicator reporting by business units
    • Risk Reporting & Committee Management:
      • Develop and manage recurring risk reporting processes and infrastructure, coordinating with Bank-wide risk reporting rhythms
      • Create monthly and quarterly risk reporting packages for the Bank's Operational Risk Committee, Enterprise Risk Oversight Committee, and Board Risk Committee
      • Create and maintain templates and tools for 1st and 2nd line stakeholders to facilitate reporting execution.
      • Establish agendas Executive Leadership and Board risk committees, in accordance with committee charters and emerging themes & trends
      • Manage onsite logistics for the Bank's Operational Risk Committee, Enterprise Risk Oversight Committee, and Board Risk Committee
      • Engage with business leaders and risk management colleagues to identify opportunities to enhance reporting approach
      • Partner with key stakeholders to ensure alignment of reporting content and supporting processes.
      • Build strong relationships with all levels of the company and interface with stakeholders in a professional manner including regulators, vendors, consultants, and employees
      • Collaborate with ERM/ORM colleagues to develop and maintain appropriate governance documentation in support of risk reporting
      • Provide regular status report updates on project plans and maintain schedules
      • Benchmark risk reporting against other large financial institutions and regulatory requirement
      • Participate in large financial institution peer groups QualificationsBachelor's Degree and 8 years of experience in Operational Risk Management and Enterprise Risk Management, or regulatory guidance pertaining to Enterprise and Operational Risk (e.g. FDIC, risk and control frameworks like COSO, Basel) OR High School Diploma or GED and 12 years of experience in Operational Risk Management and Enterprise Risk Management, or regulatory guidance pertaining to Enterprise and Operational Risk (e.g. FDIC, risk and control frameworks like COSO, Basel)Preferred Experience:
        • Bachelor's degree in business management or related field of study
        • 8+ years' experience in an ERM/ORM at a large financial institution
        • Experience executing in a risk reporting role at a large financial institution
        • Knowledge of Enterprise Risk Management and/or Operational Risk Management and regulatory frameworks (e.g. COSO, FDIC)
        • Advanced proficiency with team collaboration and productivity tools (e.g. Teams, PowerPoint, Word)
        • Experience managing projects and facilitating process improvement change with multiple stakeholders
        • Strong communication, consulting, documentation, and presentation skillsPreferred Requirements:
          • Master's degree in a Business discipline
          • Six Sigma Black Belt certification
          • Project Management Professional (PMP) certification
          • Experience with the Tableau platform, including development of Tableau visualizations
          • Experience with Archer, or other GRC platformsSkill(s): Knowledge of operational and enterprise risk management including identification, assessment, and escalation of risk issues, Ability to track and coordinate large, complex processes, Knowledge of regulatory guidance pertaining to enterprise and operational risk as well as risk control frameworks, PC Skills including Microsoft Visio, Excel, and PowerPoint

Keywords: First Citizens, Raleigh , Risk Appetite and Reporting Leader, Advertising , Raleigh, North Carolina