Overview

This is a remote role that may be hired in several markets across the United States.

This position is in the First Line Risk Management (FRM) Team supporting the Enterprise Data and Analytics business unit that is responsible for data management and data governance. This role will require direct and frequent interaction with the business unit and will serve as a key advisor on all risk-related matters, including RCSA development and maintenance, Issues Management, and data governance.

As a risk advisor and liaison, the FRM is expected to be resourceful and able to work cross-functionally to improve processes and the risk and control environment. Additionally, they are responsible for ensuring the business unit is operating in alignment with enterprise guidance when executing on risk activities, including but not limited to core items like Risk and Control Self-Assessments (RCSA), Issues Management, TPRM, and Business Continuity Planning.

• Risk Strategic Activities- Works with FRM leader and senior management to create risk management strategies ensuring key risks are appropriately managed and are aligned. Provides BU risk considerations for business/strategic plans. Effectively challenges risk programs outputs, ensuring bank and regulatory alignment.
• Risk Program Implementation - Supports the development, implementation and maintenance of the organizations risk management framework, policies and procedures. Coordinates risk assessments to evaluate and manage key risks across the organization. Manages book of work to identify gaps and assess capacity, ensuring alignment with strategic objectives and prioritization of risk management initiatives. Develops test plans and methodologies for evaluating the effectiveness of control activities, executes control testing procedures in accordance with the established test plan, identifies and supports remediation of control deficiencies. Lead the tracking and resolution of issues across the organization, ensuring timely escalation and remediation. Collaborates with BU and stakeholders to develop action plans and mitigation strategies to address root causes and prevent issue recurrence. Monitor the status and effectiveness of issue remediation efforts, providing regular updates and reports to senior management. Coordinate with other functions (i.e. Compliance, 2LOD) to ensure alignment with broader risk management and governance objectives.
• Regulatory Engagement - Participates in regulatory inquiries, examinations, and audits in collaboration with internal stakeholders. Support regulatory submissions, response and reporting requirements, ensuring accuracy, completeness, and timely submission. Monitor regulatory developments and findings and assess their potential impact on the organization's risk profile and regulatory compliance.
• Risk Governance & Reporting - Develops BU risk reports that provide a comprehensive view of risks impacting the BU. Monitors BU risk and control performance Identifies and summarizes BU Top and Emerging trends and actions to address impacts. Reports key indicators and limits to ensure timely escalation of breaches as required by the Risk Appetite Framework (RAF). Advises BU senior leadership in relevant risk governance meetings utilizing understanding of the BU operations, risks, controls and related laws and regulatory guidance. Provides feedback and collaborates on relevant governance documents to support BU activities and manage risk. Drives the implementation of program policies, standards, and procedures. Ensures timely communication around current and emerging issues and regulatory requirements.

• Large Financial Institution (LFI) experience gained through time in first line data functions, and/or the second and third-line functions supporting and overseeing them.
• Direct working knowledge of the processes, risks, and controls related to data capture, data movement and data governance.
• Experience with RCSA development and maintenance, Issues Management, and data governance as a key advisor.
• Knowledge of risk techniques, practices, and control frameworks
• Knowledge of various banking and government regulatory requirements and processes,
• Ability to work effectively with associates, senior management, and various committees, Knowledge of regulatory guidance pertaining to enterprise risk and operational risk
• Prior Consulting experience in data and analytics is a plus