First Citizens Bank · 18 hours ago

Senior First Line Risk Manager (CA Testing)

Charlotte, NC

Full-time

Remote

Senior Level, Lead/Staff

$120K/yr - $170K/yr

8+ years exp

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Responsibilities

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.

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.

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.

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

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Financial ServicesFirst Line RiskEnterprise RiskOperational RiskRisk Management FrameworksControl TestingRegulatory ComplianceMetricsRelationship ManagementProcess ImprovementInternal ControlsQuality AssuranceIssues ManagementRoot Cause Analysis