Risk Management Specialist

3 days ago


New York, New York, United States First Citizens Bank Full time

The Risk Management Specialist - Commercial Banking role is a critical position at First Citizens Bank, focusing on driving the implementation and execution of business processes within the Commercial Finance Division. The ideal candidate will serve as a subject matter expert for business & operations, ensuring that processes and operational controls meet risk and regulatory obligations.

Responsibilities:

  • Implementation & execution of business processes
  • Assessing business risk and implementing processes and controls
  • Ensuring business processes and operational controls meet risk program and regulatory obligations
  • Providing execution support of all testing activities performed, and driving business process improvements based on outputs of control testing
  • Partnering with manager to identify trends and/or symptoms of business process and operational breakdowns
  • Establishing change management processes to support FLOD readiness and execution
  • Implementation of FLOD risk & control activities
  • Executing review, design, and implementation of policies and procedures
  • Managing issue & audit management, inclusive of evidence review and closures
  • Partnering with FLOD teams to address control and compliance testing results, risk program reports, operational risk events, customer complaints, audit findings, and supervisory reports

Requirements:

  • Bachelor's Degree and 2 years of experience in operational, strategic and reputational risk management at a leading financial institution OR High School Diploma or GED and 6 years of experience in operational, strategic and reputational risk management at a leading financial institution
  • 5 years operational, strategic, and reputational risk management experience at a leading financial institution (preferred)

Salary Range: $85,000 - $125,000

This salary range reflects the estimated compensation for this role, considering factors such as skills, experience, location, and industry standards. The actual starting base pay will be determined based on these non-discriminatory factors.

Benefits: First Citizens Bank offers a comprehensive benefits package designed to support its associates' well-being and career development. Full-time associates are eligible for benefits, including health insurance, retirement plans, paid time off, and opportunities for professional growth.



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