Credit Admin Business Risk & Controls Manager (Remote)

First Citizens Bank • Raleigh, NC

307d • $100,000 - $170,000 • Remote

About The Position

This is a remote role that may be hired in several markets across the United States with the preferred location on the East Coast. This position is responsible for overseeing risk management activities assigned for compliance, operational and regulatory risks within the Credit Administration Organization. This role will help oversee the Independent Compliance Function (ICF) within Credit Administration. Including but not limited to ensuring Policies, Standards, and Procedures align with regulatory expectations and best practices, conducting regulatory mapping for risks and controls that sit in Credit. Providing advisory guidance to business units on compliance matters, monitoring changes in regulatory requirements that can impact credit business unit operations and assess the changes needed to comply; ensuring required regulations are scoped in control assurance testing, assisting in the development of targeted regulatory training as needed.

Requirements

• Bachelor's Degree and 5 years of experience in SOX, Auditing, Risk Management, Project Management, or Consulting OR High School Diploma or GED and 9 years of experience in SOX, Auditing, Risk Management, Project Management, or Consulting
• Required Area of Experience: Regulatory Compliance, Auditing, Risk Management, Project Management, or Consulting

Nice To Haves

• Preferred Area of Experience: Financial Services, Banking, Compliance Risk, Enterprise Risk, Operational Risk
• Preferred Area of Study: Business, Risk Management, Auditing
• Preferred Education Level: Bachelor's Degree with advanced certification (CRCM, CERP, CIA, etc.)
• Application Knowledge: Archer, Workiva and/or nCinco

Responsibilities

• Assist in implementing Credit Administration's strategy over our ICF program, including risk assessment, plan, scope, approach, program standards, credit procedures and execution, while ensuring they are aligned with Bank wide goals.
• Set and manage project goals, objectives and plans for resources to accomplish tasks within established timelines and in alignment with established goals.
• Responsible for the oversight and management of assigned Credit Administration Risk programs, such as the Independent Compliance Program (ICF).
• Conduct walkthroughs with process/control owners to obtain understanding of their process and controls to identify gaps in their control environments as they relate to regulatory requirements.
• Assess control issues and partner with business owners to help articulate the root cause, analyze the actual and potential impact, develop correction plans, monitor for timely resolution, and conclude on final assessment.
• Manage the tracking, monitoring, presentation materials and reporting of ICF activities.
• Perform risks assessments, evaluate mitigation strategies, and help manage new projects or initiatives with emerging regulatory risks for Credit Administration.
• Collaborate with control owners to design or enhance controls that strike the right balances between efficiency, risk mitigation, control design, and control documentation within enterprise frameworks.
• Propose changes to processes and controls to address the Bank's dynamic growth, where new or complex risks are introduced and need to be mitigated.
• Build healthy cross-functional relationships among various departments to achieve alignment in timelines, deliverables, and anticipated results.

Benefits

• Competitive, thoughtfully designed and quality benefits program
• Base pay generally between $100,000 and $170,000
• Total compensation may include variable incentives, bonuses, benefits, and/or other awards

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree