Market Risk Oversight Officer

5 days ago


New York, United States First Citizens Bank Full time

The Market Risk Oversight Officer is responsible for assessing and overseeing risks taken by the Bank. This role involves providing objective risk assessment, effective challenge, monitoring and reporting of the Bank's Risk Profile, including top and emerging risks. Additionally, the role includes facilitating the development of analyses and reports to support the identification, assessment, monitoring, and reporting of new or existing risks, as well as supporting the review and enhancement of internal controls. The Market Risk Oversight Officer is expected to maintain a strong knowledge of new or emerging risk management methodologies through professional networking and industry involvement, while also developing collaborative partnerships with internal departments, external auditors, regulatory agencies, and other stakeholders to support the company's Risk Management Framework.

  • Conduct objective oversight of risks through effective challenge using defined methodologies and subject matter expertise.
  • Maintain a strong knowledge of risk management developments or changes within the organization, industry, and broader external operating environment.
  • Provide support for business programs, initiatives, and leaders, and serve as a consultant on risk best practices, processes, and regulatory requirements.
  • Assist with internal audits through partnership with both internal and external auditors and ensure that all auditing or exam preparatory needs are met.

Qualifications:

  • Bachelor's Degree and 4 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting OR High School Diploma or GED and 8 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting.
  • Preferred Education: Advanced Degree
  • Preferred Area of Experience: Enterprise Risk Management or Operational Risk Management
  • Skill(s): Experience working with Governance Risk and Compliance applications, knowledge of risk techniques and practices.


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