Senior Risk and Control Advisor

2 weeks ago


Los Angeles, California, United States City National Bank Full time

SENIOR RISK AND CONTROL ADVISOR - CONSUMER BANKING

WHAT IS THE OPPORTUNITY?

This position acts as the principal consultant and collaborator for the Consumer Banking sector regarding risk management and control-related initiatives. The role features a dual reporting structure, receiving day-to-day guidance from the Consumer Banking division while being aligned with the Chief Controls Officer, who oversees strategic objectives and priorities. This position aids in identifying potential issues and devising and executing solutions, offering insights based on industry standards and regulatory requirements. The individual in this role is expected to provide constructive challenges at the leadership level, ensuring alignment between business goals and the company's risk tolerance and established risk parameters. Ideal candidates possess extensive knowledge of consumer banking operations, risk management, and regulatory frameworks, particularly in branch banking, small business banking, consumer deposits, lending products, and mortgages.

Key Responsibilities

+ Provide informed and valuable risk and control insights to Consumer Banking management.

+ Collaborate effectively with second and third line colleagues across various disciplines to maintain a robust control environment and effective risk management practices.

+ Assist in the consistent execution of essential risk program activities, including Risk and Control Self-Assessments (RCSAs), Key Risk Indicators (KRIs), Issue Management, Operational Losses, Strategic Planning Assessments, Fraud Risk Assessments, and Reputation Risk Analysis to identify and evaluate risks and their corresponding controls.

+ Foster a strong risk culture, promote risk conduct, and enhance risk literacy within the first line of defense.

+ Guide control teams in alignment with organizational risk management priorities.

+ Facilitate audit and examination processes.

+ Develop expertise in relevant policies and procedures of City National Bank and assist in their enhancement as needed.

+ Support first line colleagues in identifying, designing, and improving preventive and detective controls.

+ Cultivate risk talent within the organization through coaching, performance management, and training initiatives.

+ Formulate and implement a cohesive talent strategy that includes strategic hiring to establish a high-performing team.

Essential Qualifications

+ Bachelor’s Degree or equivalent experience.

+ A minimum of 12 years of experience in a large or mid-sized banking environment.

+ At least 7 years of experience in first line or second line risk and control roles.

Skills and Expertise

+ Comprehensive understanding of relevant laws, regulations, and standards related to retail branch banking, small business banking, consumer deposits, lending products, and mortgages.

+ Proven track record of managing complex, large-scale transformation initiatives, ideally including regulatory remediation efforts at peer institutions.

+ Excellent interpersonal, verbal, and written communication skills.

+ Previous experience in the financial services sector and/or risk management.

+ Experience in project management or leading change initiatives.

+ Demonstrated ability to think critically and drive change through collaborative efforts.

+ Self-motivated, disciplined, and focused on tasks, with a proven history of delivering high-quality results within tight deadlines.

+ Ability to manage multiple priorities and initiatives simultaneously.

+ Proven capability to think strategically and apply innovative solutions.

+ Demonstrated ability to engage effectively with internal and external stakeholders at executive management levels.

Compensation

Starting base salary: $195,995 - $364,003 per year. Actual compensation may vary based on skills, experience, and location. This position is eligible for bonuses and/or commissions.

Benefits and Perks

At City National, we are committed to excellence in all aspects, including the benefits and perks we provide to our employees.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank is an equal opportunity employer dedicated to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status.

ABOUT CITY NATIONAL

We operate on a fundamental principle: Business is personal. Since our inception, we have consistently gone above and beyond to support our clients, colleagues, and community. Founded in 1954 by entrepreneurs for entrepreneurs, City National Bank continues to thrive on a legacy of integrity, community engagement, and exceptional client relationships.



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