Silicon Valley Bank · 5 hours ago
SVB Senior First Line Risk Manager (Remote)
North Carolina, United States
Full-time
Remote
Senior Level, Lead/Staff
$106K/yr - $184K/yr
8+ years exp
Maximize your interview chancesBankingConsulting
Insider Connection @Silicon Valley Bank
Get 3x more responses when you reach out via email instead of LinkedIn.
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.
Required
Bachelor's Degree and 8 years of experience in Financial Services, First Line Risk, Enterprise Risk or Operational Risk.
OR High School Diploma or GED and 12 years of experience in Financial Services, First Line Risk, Enterprise Risk or Operational Risk.
Preferred
Risk Management Principles / Frameworks / Programs
Commercial Business SME (e.g., Relationship Mgmt, Sales, Portfolio Mgmt, Loan Administration / Middle Office, Underwriting / Credit, Products, Payments, FX, Trade Finance, Asset Mgmt, Syndications, Derivatives, Bond Tips, Corporate Banking, Middle Market Banking, Commercial / Equipment / Asset / Real Estate Finance, etc.)
RCSA
Issues Mgmt
Mitigation Planning
Operational Risk Events
Risks & Controls Documentation
Control Testing
Risk Assessment
Risk Identification & Mitigation
Risk Profile / Tolerance / Appetite / Concentrations
Regulatory / Audit / Compliance / Testing Engagement Mgmt & responses
Compliance SME
Credit SME
BSA/AML SME
International SME
Governance
Oversights
Model Risk
Third Party Risk
Risk Reporting
Metrics
Analytics
Communications
Project Mgmt
Benefits
Comprehensive benefits program
Customized offerings
Benefits offerings
Company
Silicon Valley Bank
Silicon Valley Bank is a venture debt provider that focuses on the tech startup sector.
5,001-10,000 employees
H1B Sponsorship
Silicon Valley 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
2023 (19)
2022 (112)
2021 (153)
2020 (100)
Funding
Current Stage
Late StageTotal Funding
unknown2023-03-27Acquired· undefined
Leadership Team
Greg Becker
CEO
R
Robert Parker
Senior Vice President, Corporate Banking
Recent News
Crunchbase News
2024-11-26
2024-11-19
bloomberglaw.com
2024-11-13
Company data provided by crunchbase
