The ideal candidate will have prior first- or second-line risk oversight experience supporting Commercial Bank (Commercial Finance, Equipment Finance, Commercial and Real Estate Finance, Rail and the Operations that support these functions). The successful candidate must further be able to positively influence a diverse audience of professionals including their peers and senior management, along with effectively communicating when required to regulators.

Responsibilities

Commercial Bank Oversight

Establish an independent oversight for Commercial Bank activities that aligns with regulatory expectations and industry best practices for Large Financial Institutions. Oversee the application of core operational risk policies and governance processes within Commercial Bank activities to ensure appropriate risk identification, assessment, and management of operational risk including ensuring appropriate remediation plans are in place. Responsible for effective challenge of operational risk including transparent and timely escalation of emerging risks and risks not being managed within the approved risk appetite. Monitors the market to identify trends of significant or emerging risks. Participates in industry forums to keep current on range of practices in Operational Risk programs. Provide business line specific risk intelligence and insights to inform risk reporting to senior management and the Board.

Collaboration

Builds strong partnerships with industry peers, government agencies, and risk management communities. Collaborates effectively with stakeholders and leaders across multiple organizations to achieve objectives. Coordinates program-related activities and deliverables to ensure effective collaboration within the team and across stakeholder groups. Establishes and maintains influential relationships with senior leadership across business units and functions to negotiate and to facilitate strategic changes.

Managerial Functions

Establishes and monitors expectations to achieve company and department goals. Makes appropriate changes to policies, procedures, and efficiencies in order to meet objectives. Manages the performance, training, and evaluation of assigned staff. Maximizes department achievements by providing professional development.

Reporting

Develops and implements tools or processes which enhance risk reporting capabilities. Oversees the documentation of risk metrics and data in order to provide reports for executive leadership.

Qualifications

Bachelors degree and 6 years experience in Enterprise or Operational Risk or Consulting (internal or external) including leadership experience OR High School Diploma/GED and 10 years experience in Enterprise or Operational Risk or Consulting (internal or external) including leadership experience.

Key Skills:

• Influence
• Communication skills
• Interpersonal skills
• Managing performance
• Partnerships and collaboration
• Ability to develop and
• implement business strategies in large, complex organizations
• Understanding of three
• lines of defense model and 2nd line effective challenge
• Ability to effectively
• manage multiple projects
• Effective at
• communicating audience- appropriate information to technical, management, and executive audiences
• Proficiency in assessing
• risk and risk management practices
• Knowledge of business
• policies, standards, and procedures frameworks as well as their development and implementation
• Knowledge of standard
• risk management or control frameworks and principles such as COSO, BCBS, NIST, ISO
• Knowledge of financial
• sector regulatory practices for a large financial institution

If hired in North Carolina, the base pay for this position is generally between $135,000.00 and $180,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits