First Line of Defense Risk Manager

First Line of Defense Risk Manager

The First Line of Defense Risk Manager will work within the Bank's first line of defense risk management function and will be responsible for implementing and managing the first line of defense risk management program. The Manager will be responsible for working with first line of defense testers and providing training to the first line testing team to conduct consistent and effective testing of control design and effectiveness, reporting, and tracking of results and remediation plans.

This role will require an individual with knowledge of the Bank's policies, guidelines, and practices with a strong focus on executing and implementing a sound first line testing and risk management program.

Responsibilities

• Responsible for leading a new team to perform first line testing of controls to evaluate the design and operating effectiveness of the first line's key controls.
• Support the development of Risk and Controls Self-Assessment (RCSA) control testing frameworks and methodologies.
• Support the quality assessments of RCSAs completed by First Line managers and making updates as needed.
• Create and memorialize detailed control testing documentation and review commentary.
• Manage and coordinate all risk activities to ensure material / key risks are identified, escalated, managed, tracked, and remediated timely.
• Analyze, aggregate, and articulate the results / issues / recommendations related to control testing activities to business unit senior management.
• Assist with the validation and closure of control issues as identified through testing results.
• Provide day to day management, oversight, and longer-term development planning of a risk management team.

Qualifications

Compensation

The base pay range for this position is USD $110,000.00 / Yr. - USD $165,000.00 / Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.