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Business Risk Process Analyst III

2 months ago


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

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

The AVP, Business Risk Process Analyst III will serve as a business and operations subject matter expert for the Commercial Finance Division within First Citizens Bank.

Individual will be accountable for driving the implementation and execution of First Line of Defense Business (FLOD) business processes, ensuring processes and operational controls meet risk and regulatory obligations.

Key Responsibilities
  • Implementation and execution of business processes – Accountable for business process implementation in FCB Commercial Finance FLOD execution teams.
  • Assess business risk and implement processes and controls. Ensure FLOD understanding and accountability for business risk and supporting processes.
  • Ensure business processes and operational controls meet risk program and regulatory obligations.
  • Provide execution support of all testing activities performed, and drive business process improvements based on outputs of control testing.
  • Partner with manager to identify trends and/or symptoms of business process and operational breakdowns.
  • Establish change management processes to support FLOD readiness and execution.
Implementation of FLOD Risk and Control Activities
  • Will coordinate and execute to deliver on FLOD risk and control activities.
  • Execute review, design, and implementation of policies and procedures.
  • Manage issue and audit management, inclusive of evidence review and closures.
  • Partner with FLOD teams to address control and compliance testing results, risk program reports, operational risk events, customer complaints, audit findings, and supervisory reports.
  • Execute RCSA activities ensuring core processes are documented and controls are identified.
  • Partner with manager to develop action plans to address control deficiencies, providing recommendations to strengthen controls and FLOD execution.
Relationship Development
  • Will work in conjunction with Commercial Finance Underwriting, Portfolio Management, and the Lending Middle Office.
  • Responsible for facilitating risk and control discussions with FLOD Commercial Finance execution teams.
  • Provide business teams direct support with all exams and audits.
  • Ensure FLOD readiness to execute against new/changing processes.
  • Partner with manager to proactively identify opportunities to strengthen the control environment through actionable insights.
Qualifications
  • Required
    • 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
  • Preferred
    • 5 years operational, strategic, and reputational risk management experience at a leading financial institution
    • Experience identifying reputational strategic, compliance, technology, and operational risks
    • Experience assessing adequacy of controls and recommending controls
    • FLOD/SLOD experience in business and operations management within a large financial institution.
    • Experience with compliance and controls testing of Lending Middle Office procedures and functions.
    • Experience developing presentations and presenting to Senior Leadership or Committees