First Citizens Bank · 4 hours ago
First Line Risk Manager
North Carolina, United States
Full-time
Remote
Mid, Senior Level
$81K/yr - $140K/yr
6+ years exp
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Responsibilities
Control Testing: Perform testing of IT controls in Architecture, Infrastructure, Operations, Information Security, Management and Development domains. Evaluate IT control design and validate the operating effectiveness of controls in mitigating, monitoring, and reporting risk throughout the IT organization.
Engagement Lead: Act as a control testing engagement lead front ending multiple control testers. Build close partnerships with the business owners, identify opportunities to mitigate risks and provide guidance to improve control design and establish repeatable controls. Generate quarterly leadership reports reflecting control testing progress, results, and recommendations.
Support Risk and Control Self-Assessments (RCSA): Working with the IT Risk Consultants and Frontline Risk Management teams, leverage risk assessments and control testing results to support RCSA execution to support the identification, assessment, and monitoring of organizational risks.
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.
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.
Qualification
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Required
Bachelor's Degree and 6 years of experience in Financial Services, First Line Risk, Enterprise Risk or Operational Risk OR High School Diploma or GED and 10 years of experience in Financial Services, First Line Risk, Enterprise Risk or Operational Risk
Preferred
Advanced Degree
5+ years of IT Control Testing experience.
Knowledge of standard risk management or control frameworks such as COBIT, ISO, FFIEC, COBIT, and ITIL is required.
Knowledge of financial sector regulatory practices for a large financial institution.
Advanced in MS Office applications, Service Now, JIRA.
Current contractor/contingent worker for First Citizens Bank
CISA, CRISC, CISSP, CIA certifications preferred.
Benefits
Comprehensive benefits program
Customized offerings
Benefits offerings
Company
First Citizens Bank
First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more.
10,001+ employees
H1B Sponsorship
First Citizens Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (4)
Funding
Current Stage
Public CompanyTotal Funding
$33M2021-05-07Post Ipo Debt· $10M
2018-08-29Post Ipo Debt· $23M
1986-10-31IPO· nasdaq:FCNCA
Leadership Team
C
Craig Nix
Chief Financial Officer
E
Ed Willingham IV
Chief Operating Officer
Recent News
2024-10-31
2024-10-17
2024-05-21
Company data provided by crunchbase
