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Bank of Hawaii · 6 days ago

Enterprise Risk Testing Officer

Honolulu, HI

Full-time

Onsite

Mid, Senior Level

3+ years exp

Bank of Hawaii is seeking an Enterprise Risk Testing Officer to enhance their internal controls and risk management processes. This role involves planning and performing independent testing of the Bank’s internal controls and making recommendations for improvement.

BankingFinanceFinancial ServicesWealth Management

Responsibilities

Supports the Bank’s Risk Culture:Supports a robust enterprise risk management culture, through demonstration of knowledge and experience, skillful and effective communication, and development of strong internal relationships

Knowledge and Expertise: Has and maintains an understanding of all consumer compliance laws and regulations that affect the Bank's operations and keep abreast of any regulatory changes. Also has and maintain knowledge of the Bank's products and services, and policies, procedures, and processes

Performs Enterprise Risk Testing (ERT) Reviews: Conducts testing of the controls to validate their effectiveness, and to confirm that the Bank has designed and implemented sound operational practices to manage its risks. Applies judgement to select the appropriate testing technique(s), sampling methodology, and sample size. Evaluates test results against established tolerance levels and thresholds to determine the effectiveness of the internal controls

Drives Continuous Improvement: Proposes revisions to update and strengthen controls and control descriptions, makes recommendations to enhance business unit processes, and drives continuous improvement in the Bank’s control framework. Identifies and documents issues and proposes or evaluates corrective action plans

Prepares Reports and Workpapers: For each reviewed area, prepares reports that clearly identify the scope, findings, any necessary corrective action to be taken by management, and an overall rating or opinion. Ensures that the test results are clearly documented and supported, and that workpapers are written and organized such that a third party can use the documentation to complete the same test and reach the same conclusions

Plans and organizes work, manages multiple tasks, sets objectives/goals, and reprioritizes as needed

Performs all other miscellaneous responsibilities and duties as assigned

Qualification

Risk ManagementRegulatory ComplianceProcess ImprovementMicrosoft ApplicationsProject ManagementAnalytical SkillsCommunication SkillsAttention to Detail

Required

Bachelor's degree from an accredited educational institution or equivalent work experience

Level I: Minimum 3 years of work experience in banking, audit, regulatory compliance or risk. Process improvement and/or project management experience

Level II: Minimum 5 years of work experience in banking, audit, regulatory compliance or risk. Process improvement and/or project management experience

Level III: Minimum 7 years of work experience in banking, audit, regulatory compliance and/or risk management. Process improvement and/or project management experience. Familiarity with monitoring, testing, and risk assessment

Demonstrated proficiency and expertise with personal computers in a networked environment and Microsoft applications (Outlook, Word, Excel, Access and PowerPoint) or similar software. Knowledge of or ability to use Bank systems and software. Knowledge of current accounting principles and practices, including internal control concepts

Demonstrated interpersonal, presentation, written and oral communication skills. Able to engage with all levels of the organization. Strong attention to detail and analytical skills. Self-starter, able to prioritize work to achieve the required objective in a timely manner. Able to identify and define problems; conduct research and analyze information and various situations relating to data management issues. Must be able to recommend and discuss solutions / alternatives to complex compliance issues clearly and concisely with any level of staff. Able to work flexible hours including holidays, weekends and evenings as necessary