Finance Risk Manager
2 weeks ago
Discover a meaningful career at Webster, where our focus has always been on putting people first. Founded in 1935, we remain passionate about serving our clients and supporting our communities through integrity, collaboration, accountability, agility, respect, and excellence.
About the RoleThe MD, Finance First Line Risk – Treasury position leads the first line risk management program for the Treasury vertical of the Finance organization. Key responsibilities include managing and supporting RCSA execution; developing and monitoring KRIs and metrics at the Board, Management, and First Line Unit level; aligning governance, policy, and procedure across Finance; leading issue identification and management for Treasury-related processes; and serving as liaison with auditors and regulators through examinations.
- Lead Treasury Risk Control Self Assessments (RCSA), including process definition, risk and control identification, and issue identification
- Develop and lead testing function for key controls
- Lead Issue Management process for Treasury-related issues (audit, regulatory, self-identified, model risk, data governance, and enterprise risk) and ensure remediation plans are appropriate and timely address related risks and control gaps
- Develop reporting to Treasury leadership on risk management activities
- Support KRI/metric development that is in line with regulations and peers
- Serve as liaison for audits and examinations, and interface with regulators
To be successful in this role, you will need:
- Bachelor's Degree in finance, business, accounting, economics, or related field required; advanced degree preferred
- 10-12+ years of experience in risks in controls function (operational risk management, enterprise risk management, audit/SOX, first line risk management)
- CPA, CIA, or other similar designation (CFA) a plus
- Substantial Treasury experience within Banking sector required including Liquidity risk management, Interest Rate Risk Management, Capital Management, and Investment Portfolio and Funding management
- Excellent interpersonal, team building, and communication skills required
The estimated base salary range for this position is $180,000 USD to $215,000 USD. Actual salary may vary based on factors such as knowledge, skills, experience, and location. This position is also eligible for incentive compensation.
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