Enterprise Risk Management Officer

Idbny • New York City, NY

1d • Hybrid

About The Position

Israel Discount Bank of New York (IDB Bank) is seeking an experienced, proactive risk professional for its Enterprise Risk Management team. The role drives governance transformation, regulatory reporting, framework development, and GRC tool administration across the bank. Its primary focus is modernizing the Policy & Procedure Governance Framework; managing executive and regulatory risk reporting, including CRO and Enhanced Prudential Standards (EPS) reports; supporting the Internal Capital Adequacy Assessment Process (ICAAP); co-leading ERM Committee governance; contributing to the bank’s AI Risk Framework; and overseeing Issue Management and RSA Archer GRC operations.

The position leads the deployment of an enterprise policy and procedure repository and lifecycle management framework using RSA Archer and SharePoint, including standardized document templates, automated review notifications, and quarterly status reporting. It also coordinates monthly CRO reporting and leads quarterly EPS report production, while supporting committee governance through agendas, meeting materials, and official minutes.

Additional work includes supporting ICAAP capital stress testing, representing ERM in the AI working group, leading or contributing to cross-functional risk and regulatory remediation projects, administering Archer GRC, enhancing issue remediation processes, and contributing to the review of risk appetite and risk profile assessments. The role works across business and functional units and with Internal Audit, Finance, Corporate Strategy, the Broker-Dealer subsidiary, and other stakeholders. The position operates on a hybrid schedule.

Requirements

• Bachelor’s degree in Finance, Economics, Business Administration, Computer Science/Data, or a related field.
• VP level: 7–10+ years of enterprise risk management, operational risk, or regulatory governance experience within banking, capital markets, or financial services.
• FVP level: 10–13+ years of progressive leadership experience, mastery of ERM frameworks, deep familiarity with prudential banking regulations, and a proven history managing high-visibility reporting and committees.
• Hands-on administration or functional experience with RSA Archer GRC, specifically Policy, Issue Management, and Risk modules.
• Advanced proficiency in SharePoint architecture, including site design, lists, permissions, metadata/taxonomy, and search indexing.
• Advanced proficiency with MS Office, including Excel, PowerPoint, and Word.
• Deep understanding of enterprise risk concepts and the Three Lines of Defense.
• Exceptional written communication skills, including experience producing formal board- or executive-level minutes and executive risk packages.
• Strong interpersonal skills and ability to coordinate with cross-affiliate entities and functions, including broker-dealer subsidiaries, Finance, Strategy, Legal, and Internal Audit.
• Ability to drive structure in unstructured environments, such as building a SharePoint repository or establishing an AI risk framework from the initial stages.

Nice To Haves

• Advanced degree (MBA/MS).
• Certifications such as FRM, PRM, CRISC, or PMP.

Responsibilities

• Deploy an end-to-end Policy & Procedure repository and lifecycle management framework using RSA Archer for inventory and tracking and SharePoint for document storage, metadata, and enterprise search.
• Migrate and reformat bank procedures into standardized templates.
• Execute and monitor automated Archer review notifications for procedure coordinators and policy owners.
• Produce quarterly compliance and review status reports on the policy and procedure universe for senior risk leadership and committee oversight.
• Coordinate and dispatch the monthly Chief Risk Officer report package, aggregate business-line inputs, and finalize reports for Head Office.
• Lead production of the quarterly Enhanced Prudential Standards (EPS) report and coordinate required inputs across relevant functions and entities.
• Serve as ERM Committee governance lead or corporate secretary by preparing agendas, compiling meeting materials, and recording official minutes.
• Support the annual Internal Capital Adequacy Assessment Process (ICAAP), including review of capital stress model methodologies and assumptions, quantitative calculations, and documentation.
• Represent ERM as a core member of the bank’s AI working group to develop and implement an AI Risk Management and Governance Framework.
• Lead or contribute to cross-functional risk projects, regulatory remediation tasks, and strategic risk analyses as directed by leadership.
• Oversee and enhance the bank-wide Issue Management process, including identification, root-cause analysis, remediation tracking, and validation of issues.
• Administer and manage the Archer GRC platform, optimize workflows, manage enhancements, and troubleshoot operational issues.
• Participate in the annual review, calibration, and maintenance of the bank’s Risk Appetite Statement and risk limits.
• Provide independent review and challenge during Risk Profile Assessments and risk identification exercises.
• Update corresponding procedures and provide training to relevant stakeholders.

Benefits

• Eligibility for an annual bonus.
• Medical, pharmacy, dental, and vision plans.
• Life and disability insurance.
• Employee wellness program.
• Retirement and savings plans with employer contributions.
• Generous holiday and paid time off schedules.
• Parental leave.
• Tuition reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior