Risk Management Officer

6 days ago


Philadelphia, Pennsylvania, United States WSFS Bank Full time
Job Summary

WSFS Bank is seeking a highly skilled Enterprise Risk Management Officer to support the execution and evolution of our Enterprise Risk Management (ERM) program. As a key member of our ERM team, you will collaborate with stakeholders across the organization to ensure an integrated and consistent approach to risk management.

Key Responsibilities
  • ERM Program Development: Work with the Enterprise Risk Manager to build out WSFS's ERM program based on industry best practices and regulatory expectations.
  • Risk Monitoring: Collaborate with business lines to track and monitor the Company's risk profile across all categories of risk and in relation to Board-approved risk appetite levels.
  • ERM Materials: Contribute to the compilation of ERM materials, including ERM Dashboard Ratings and Key Risk Indicators, reported to Executive Management and the Board of Directors.
  • Relationship Building: Develop and maintain strong working relationships across the Bank, interacting with Executives and Senior Management.
  • Thought Leadership: Provide thought leadership regarding all ERM program components and make suggestions to improve, streamline, and automate current practices and processes.
  • Special Projects: Participate in special projects as directed by the Enterprise Risk Manager, including Model Risk Management and Stress Testing.
  • Operational Risk Management: Support Operational Risk Management with one-off assignments, when needed.
Requirements
  • Education: Bachelor's degree in Business Administration, Accounting, or other business-related field. MBA or graduate degree in business a plus.
  • Experience: Minimum 5-8 years of relevant experience in risk management, including financial risk management or compliance risk management.
  • Skills: Analytical skills, attention to detail, strong oral and written communication skills, and knowledge of regulatory and financial industry risks, guidance, and best practices.
  • Preferred Qualifications: Experience creating and conducting risk assessments and/or using GRC technology.


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