Director, InterSYNC Program Control Management

Webster Bank•Paramus, NJ

4d•$120,000 - $125,000

About The Position

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer. Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work! The Director, interSYNC Program Control supports the interSYNC Team by leading the development, implementation, monitoring, and administration of the risk management framework. This role ensures that all risk-related programs, procedures, and processes are properly documented and maintained. This individual plays a key role in managing risk program documentation, preparing metrics and assessments, analyzing reports, and ensuring compliance with internal and regulatory risk management standards. In addition, this role includes standing up controls for the SBLOC program and performing ongoing reporting and monitoring of the control environment through daily, weekly and monthly testing and metrics. This individual will work closely with interSYNC team members as well as FLCO and Credit Teams.This individual will also be responsible for spearheading any third party audit requests including bank and broker requests.

Requirements

Understanding of governance, change management, banking regulations, risk management frameworks and internal control standards
Understanding of operational risk management techniques and control assessment methodologies
Knowledge of OCC Heightened Standards and Regulatory Category IV banking requirements preferred
Understanding of credit underwriting principles and credit policy
Excellent verbal and written communication abilities, with the capacity to plainly describe risk concepts to a variety of audiences
Strategic mindset with strong interpersonal and influencing skills
Proven execution and leadership in a dynamic environment with competing priorities
Detail oriented with strong project management skills
Strong analytical, problem-solving, and decision-making skills
Excellent written and verbal communication skills
Extreme attention to detail
Proficient in Microsoft tools (Excel, Word, PowerPoint, Teams, Lucid Charts) and other relevant software
Bachelor’s Degree in Arts/Sciences (BA/BS) required
3+ years of experience in Credit Risk, Loan Review, Risk Management or Audit functions, within the banking or financial services industry required

Nice To Haves

Knowledge of operational risk, regulatory expectations, and bank best practices is a plus
Familiarity with risk management software and risk reporting tools is a plus
CPA, CISA, CIA, or other auditing or risk management certification preferred

Responsibilities

Program Oversight Develop an oversight program to ensure compliance with requirements of any interSYNC program including the SBLOC Management Program.
Partner with Enterprise Risk Management in developing methodologies and processes to adapt to changes in the regulatory environment, business operations, and emerging risks.
Support the SBLOC collateral monitoring/control monitoring process/support ongoing new activities
RCSA Execution / Challenge Participate in and contribute to risk assessment workshops and activities to identify potential risks and control gaps.
Analyze risk data to assess the likelihood and impact of risks on the bank’s operations.
Provide effective challenge around the design and implementation of controls to mitigate risk.
Provide expertise to a cross-functional working group focused on enhancing the bank wide Risk & Control Self-Assessment (RCSA) program.
Work closely with 1st, 2nd and 3rd lines of defense to ensure that risk management practices are embedded within business processes.
Act as the main point of contact for internal and external stakeholders regarding RSCA matters.
Control Environment Assist interSYNC leadership in the creation of a sustainable control environment.
Lead risk-based control testing program to evaluate the effectiveness of internal controls.
Documentation & Record-Keeping Ensure all risk management programs, procedures, and reporting are properly documented and archived in line with internal and regulatory requirements.
Support Risk Assessments (RCSAs) Risk Control Self-Assessment: Supports the FLCO RCSA program from an AU (Accessible Unit) perspective.
Third Party Risk Management - support incoming requests from Brokers, Banks and other third parties for annual audit and KYC reviews.