Risk and Internal Controls Lead

5 days ago


Lansing, Michigan, United States Flagstar Bank Full time
Job Title: Banking Group Risk and Internal Controls Lead

Flagstar Bank is seeking a highly skilled and experienced Banking Group Risk and Internal Controls Lead to join our team. As a key member of our organization, you will be responsible for leading the development and implementation of risk management frameworks, policies, and procedures across the Private Banking group.

Key Responsibilities:
  • Build and lead a risk management framework for the Private Bank, ensuring compliance with regulatory requirements and industry best practices.
  • Develop and implement policies, procedures, and processes to mitigate operational, compliance, strategic, credit, liquidity, interest rate, price, and reputational risks.
  • Collaborate with stakeholders across the organization to ensure effective risk governance, risk assessment, and risk monitoring and reporting.
  • Provide guidance and support to business units on risk management, compliance, and regulatory requirements.
  • Develop and maintain relationships with regulators, auditors, and other external stakeholders to ensure compliance with regulatory requirements.
Requirements:
  • 10+ years of experience in risk and internal control management, preferably in a Private Banking environment.
  • Bachelor's degree in Finance, Economics, Business, Data & Analytics, or a related field.
  • Advanced understanding of laws and regulations impacting financial institutions, including Sarbanes-Oxley requirements and Risk and Control Self-Assessments (RCSA).
  • Proven ability to lead and execute in change management environments, with experience in building programs and frameworks from the ground up.
  • Excellent communication and interpersonal skills, with the ability to develop effective relationships with various levels within an organization.
What We Offer:
  • A competitive salary range of $220,000 - $280,000, plus an attractive total compensation package with AIP and LTIP.
  • A strong preference for candidates with experience in Private Banking and associated Deposit and Lending products.
  • The opportunity to work with a dynamic and growing organization, with a focus on risk management and compliance.


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