Senior Business Risk Manager

6 days ago


Morristown, New Jersey, United States First Citizens Bank Full time
Job Summary

We are seeking a highly skilled Senior Business Risk Manager to join our team at First Citizens Bank. As a key member of our Commercial Finance Division, you will be responsible for driving the implementation and execution of business processes, ensuring they meet risk and regulatory obligations.

Key Responsibilities
  • Business Process Implementation: Develop and implement business processes to ensure compliance with risk and regulatory requirements.
  • Risk Assessment and Control: Assess business risks and implement processes and controls to mitigate them.
  • Process Ownership: Ensure First Line of Defense (FLOD) understanding and accountability for business risk and supporting processes.
  • Regulatory Compliance: Ensure business processes and operational controls meet risk program and regulatory obligations.
  • Testing and Improvement: Provide execution support for testing activities and drive business process improvements based on test results.
  • Change Management: Establish change management processes to support FLOD readiness and execution.
  • Risk and Control Activities: Coordinate and execute FLOD risk and control activities, including review, design, and implementation of policies and procedures.
  • Issue and Audit Management: Manage issue and audit management, including evidence review and closures, and partner with FLOD teams to address control and compliance testing results.
  • RCSA Activities: Execute Risk and Control Self-Assessment (RCSA) activities to ensure core processes are documented and controls are identified.
  • Action Planning: Develop action plans to address control deficiencies and provide recommendations to strengthen controls and FLOD execution.
  • Relationship Development: Work with Commercial Finance Underwriting, Portfolio Management, and Lending Middle Office teams to develop relationships and facilitate risk and control discussions.
Qualifications
  • Education: Bachelor's Degree and 6 years of experience in operational, strategic, and reputational risk management, or High School Diploma or GED and 10 years of experience in operational, strategic, and reputational risk management.
  • Experience: 8+ years in a senior business and operations management position in a leading financial institution, with experience mentoring developing talent, identifying reputational, strategic, compliance, technology, and operational risks, and assessing adequacy of controls and recommending controls.


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