Current jobs related to BRCO RCSA Lead - Dallas, Texas - Comerica Bank

  • RCSA Lead

    3 weeks ago

    Dallas, Texas, United States Comerica Bank Full time

    Job DescriptionBRCO RCSA LeadThe Business Risk and Control Officers (BRCOs) play a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. BRCOs are critical to the success of the Risk Management Lifecycle and play a role in...

  • RCSA Lead

    1 month ago

    Dallas, Texas, United States Comerica Bank Full time

    Job DescriptionBRCO Risk Control and Assessment (RCSA) LeadThe Business Risk and Control Officers (BRCOs) play a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. BRCOs are critical to the success of the Risk Management...

  • BRCO Risk Partner Lead

    2 weeks ago

    Dallas, Texas, United States Comerica Bank Full time

    Job SummaryThe Business Risk and Control Office (BRCO) Risk Partner Lead for the Line of Business is responsible for engaging with the First Line of Defense (1LOD) on the development and design of implementing new controls as well as changes to existing processes.Develops options and actions for control owners to perform that will result in improved controls...

  • Risk Management Specialist

    2 weeks ago

    Dallas, Texas, United States Comerica Bank Full time

    Job DescriptionThe Business Risk and Control Office (BRCO) is seeking a highly skilled Risk Partner Lead to join our team at Comerica Bank. As a key member of our First Line of Defense, you will play a critical role in guiding the business to identify and understand risk exposures and the controls needed to mitigate them.Key ResponsibilitiesDevelop and...

  • Operational Risk Vice President

    4 days ago

    Dallas, Texas, United States The Goldman Sachs Group, Inc Full time

    Job DescriptionThe Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. Organization: Risk Division, Operational Risk Level/Location: Vice President, Dallas The Operational Risk Department at Goldman Sachs is an independent risk management function, responsible for...

  • Risk Management Vice President

    4 weeks ago

    Dallas, Texas, United States The Goldman Sachs Group Full time

    Job Title: Risk Management Vice PresidentThe Risk Management Vice President will be responsible for overseeing the development and implementation of a standardized framework to identify, measure, and monitor operational risk across the firm. This role requires subject matter expertise in operational risk and overall risk management, as well as a broad...

  • Risk Management Specialist

    4 days ago

    Dallas, Texas, United States The Goldman Sachs Group, Inc Full time

    Job Description:The Risk division at Goldman Sachs is responsible for identifying, measuring, monitoring, and escalating operational risk across the firm. As a Technology Operational Risk Professional, you will be part of this division and play a key role in developing and implementing a standardized Operational Risk Management Framework (ORMF) to identify,...

  • BRCO RCSA Lead

    4 months ago

    Dallas, United States Comerica Bank Full time

    Job Description BRCO Risk Control and Assessment (RCSA) Lead The Business Risk and Control Officers (BRCOs) play a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. BRCOs are critical to the success of the Risk...

  • BRCO Risk Partner

    3 months ago

    Dallas, United States Comerica Bank Full time

    Job Description BRCO Risk Partner Lead The Business Risk and Control Officers (BRCO) play a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. BRCOs are critical to the success of the Risk Management Lifecyle and play...

BRCO RCSA Lead

2 months ago

Dallas, Texas, United States Comerica Bank Full time
Job Summary

We are seeking a highly skilled Risk Management Professional to lead our Business Risk and Control Office (BRCO) Risk Control and Assessment (RCSA) team. As a BRCO RCSA Lead, you will play a critical role in guiding the business to identify and understand risk exposures and the controls needed to reduce risk and safeguard our customers and colleagues.

Key Responsibilities
  • Risk Identification
    • Govern, educate, and drive accountability for identifying and categorizing risks among Business Risk and Control Officers (BRCOs).
    • Apply knowledge of the business to ensure that BRCO colleagues capture relevant and meaningful risks.
    • Review internal and external environments to identify risks expected.
    • Credibly challenge BRCO colleagues on quality and completeness of risk identification approach and outputs.
    • Advise, oversee, and credibly challenge BRCO colleagues on appropriately monitoring for and identifying emerging risks.
    • Coordinate across BRCO divisions for identification and analysis of horizontal risk.
    • Document risks and controls according to enterprise standards.
  • Risk Assessment
    • Lead, facilitate, and drive execution of the risk assessment process within BRCO.
    • Establish and execute processes to evaluate the severity and likelihood of risks.
    • Drive engagement with Second Line of Defense (2LOD) throughout the risk assessment process.
    • Ensure BRCO adherence to common standards and methodologies for risk assessment.
    • Collaborate with BRCO colleagues to source data and complete analyses to support risk assessment outputs.
    • Credibly challenge BRCO colleagues on quality and completeness of their risk assessment approach and key outputs.
    • Develop and articulate a clear view of the highest priority risks within BRCO division.
    • Coordinate across BRCO divisions for assessment of horizontal risk.
    • Provide credible challenge within BRCO on identifying changes that trigger the change management process.
  • Inventory of Controls and Issue Management
    • Maintain current and accurate inventory of identified risks and related controls (living document); includes risk assessment, risk ratings, process documentation, etc.
    • Provide Issue Management oversight and ensure timely closure of identified issues.
  • Business Partnering
    • Partner and engage with relevant business partners at varying levels in the organization to develop and maintain a strong control environment through effective RCSA execution and related activities.
    • Drive a strong enterprise risk culture by fostering rigor and discipline focused on risk and compliance awareness, ethical business practices, transparency, and escalation.
    • Learn continuously about the line of business to strengthen subject matter expertise and provide more valuable application of risk identification and assessments.
    • Collaborate with and support other BRCO team members to ensure a robust and comprehensive implementation of 2LOD frameworks within BRCO.
    Requirements
    • Demonstrated knowledge of banking industry products, services, and workflows.
    • Strong familiarity with critical business processes and controls, as well as overall business needs and objectives, for the Line of Business.
    • Strong track record of driving timely and effective issue resolution in a financial services context.
    • Deep expertise and ability to educate colleagues on risk management, controls, and compliance concepts, frameworks, and policies.
    • Ability to establish authority, influence stakeholders, and productively debate issues at all levels.
    • Ability to build strong relationships and engage constructively in a proactive and transparent approach with cross-functional stakeholders.
    • Ability to clearly and effectively communicate, including ability to summarize and explain complex findings and issues to a wide range of audiences.
    • Ability to apply sound judgment and appropriately escalate concerns and issues.
    • Ability to demonstrate managerial courage and inspire colleagues across the organization to embrace change.
    • Ability to gather, analyze, and interpret large datasets from various sources.
    • Strong analytical and critical thinking skills with high attention to detail and accuracy.
    • Ability to manage multiple tasks and projects, prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
    • Self-starter, able to work independently, flexible, and can navigate a complex organization.