CIB Risk & Compliance Assessment Lead - Executive Director

Job Description

As the Operational Risk Assessment Executive Director within the CIB Central Controls Office, you will play a pivotal role in shaping the organization's control environment. You will lead and manage operational risk assessment processes, acting as a trusted advisor to senior management. Your expertise will drive key initiatives such as the Compliance & Operational Risk Summary (CORS), Compliance Risk Assessment (CRA), Material Risk Inventory (MRI), and Conduct Risk assessments. You will ensure these assessments are conducted effectively, providing valuable insights to support the organization's risk management strategy. Your leadership will be crucial in developing and delivering an enterprise-wide framework to manage control-related processes driven by regulation and compliance requirements.

• Lead the execution of the CIB Risk Assessments Framework to ensure comprehensive and accurate reporting of operational risks aggregation.
• Lead all business-as-usual activities as it pertains to Risk Assessment, partnering with the risk stripe leads and various assessment owners across the CIB / Regional Teams to complete the CORS, QRA, CRAs as well as ensuring that reporting to the governance committees is complete, accurate and relevant to the business.
• Drive the strategy and direction of Risk Assessment within the CIB, partnering with Firmwide Controls, Regional Controls and CCOR to improve the overall framework to drive consistency and simplify assessments.
• Develop and analyze CIB LOB level summary aggregation conclusions and reports for applicable L2 Risks, incorporate qualitative inputs and judgmental factors.
• Ensure Risk Assessments are conducted in strict alignment with FW CORE Standards, CRA, CORS Firmwide CC Standards, and respective procedures
• Align key messages consistently across all control committees to withstand scrutiny from oversight bodies such as the OCC and Audit.
• Engage with and conduct reviews with senior leadership, stakeholder committees, or other relevant bodies to validate and assess priorities.
• Facilitate cross-functional collaboration to enhance Risk Assessment efficiencies and best practices by navigating within the organization to align key stakeholders, influence, build consensus, and drive results.
• Deliver high-quality, consistent, and meaningful executive reporting and analytics to identify trends and themes for business decisions.
• Ensure continuous improvement of risk assessment processes and tools.
• Manage via a matrix a group of team members, building and developing the right skills, experience, knowledge, and capacity.

• Bachelor's degree or equivalent experience with significant financial services experience in controls, audit, quality assurance, risk management, or compliance
• Demonstrated leadership and sound judgment to foster a strong risk management culture. Excellent written and verbal communication skills, with the ability to influence business leaders and tailor messages for executive audiences.
• Process analysis / design acumen - ability to understand a process and associated risk to inform control design.
• Skilled at analyzing opportunities & problems, recommending solutions, and communicating effectively & confidently (both verbal and written)
• Strong organizational and task management skills, capable of balancing multiple initiatives under tight deadlines in a dynamic environment
• Ability to forge strong internal relationships across a broad range of functions.
• Disciplined approach to managing and improving processes and controls.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) with the ability to develop compelling and meaningful executive presentations that will drive opportunities / recommendation for improvement.

• Knowledge of CIB products (Markets, Payments, Banking, Securities Services)