Policy Governance Specialist

2 weeks ago


Midlothian, Virginia, United States Commerce Bank Full time
Job Description:

The Policy Governance Analyst plays a critical role in Commerce Bank's Governance and Risk Program, assisting with the development, review, and maintenance of organizational policies, frameworks, methodologies, programs, and processes. This position partners with business-unit process/risk owners and experts to ensure controls are in place and effective to ensure practices align with Commerce Bank's risk appetite.

Key Responsibilities:
  • Establish, update, and maintain enterprise policies and practices aligned with regulatory requirements and security/risk frameworks, and commensurate with the organization's size and complexity.
  • Ensure that developed policies, standards, and procedures reflect applicable regulatory requirements and supervisory guidance.
  • Engage and collaborate with senior leaders, key stakeholders, and individuals across the businesses and functions on policy development, review, and implementation.
  • Proactively identify improvement opportunities in the policy development and review processes.
  • Collaborate with Risk and Control Analyst to identify opportunities to align policies, procedures, and controls associated with products and processes to reduce risk throughout Commerce Bank.
  • Support audits and exams by responding to requests for current policies.
  • Keep abreast of changes to the regulatory landscape and evolving laws.
  • Consistently apply industry best practices and recognized security and risk frameworks to the integration of policy, processes, and technology to establish robust documentation providing appropriate direction and boundaries for employees.
  • Collaborate with the policy and procedure owners throughout the organization to create, establish, and maintain, to the extent feasible, consistency and compatibility throughout Commerce Bank.
  • Partner with policy owner to identify and resolve gaps and discrepancies between policies and procedures.
  • Administer Policy Documentation Library (SharePoint).
  • Other duties may be required and assigned by the supervisor.
  • Comply with all Commerce Bank published policies and procedures.
  • Report policy violations as required.
  • Complete all required training as assigned.
Requirements:
  • Bachelor's degree required, preferably in Risk Management, Business Management, Public Administration, Business Analytics, Information Management, or a related field; technical training, certifications, or prior work experience may be considered in lieu of bachelor's degree.
  • Demonstrated experience in business or technical writing, including creation and implementation of formal policy and procedure documentation.
  • Relevant professional certification(s) in risk management or internal control (e.g. RIMS-CRMP, PMI-RMP, IIA-CIA, IIA-CRMA COSO-ERM, CUNA-CUERME, etc.) beneficial.
Physical Requirements:
  • This job requires the ability to sit for long periods of time.
  • This job requires occasional lifting or carrying of objects up to 20 pounds.


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