First Line Risk & Control Issue Manager

Western Alliance Bank•Phoenix, AZ

21h

About The Position

As a First Line Risk & Control Manager you'll work as a first line of defense risk professional responsible for support and/or execution of various risk programs and business unit risk activities in adherence with the Company's risk appetite and corporate strategy. In this role you'll engage with business units in the management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and program requirements. You'll effectively manage risks, and serve as an effective communication channel between the Risk Management department and business units. Strong expertise in leveraging risk management frameworks including ITIL, COBIT, and NIST. Certifications such as ITIL, COBIT, NIST, PMP are highly desirable. Proven ability to work with senior IT leaders and stakeholders to achieve organizational goals. Drive the preparation and execution of the IT Risk and Control updates / refresh through collection of data from various sources as defined in desktop procedures. Complete risk assessments leveraging COBIT / NIST frameworks and FFIEC Manuals Develop plan to ensure timely execution of risk management processes with business stakeholders; ensure common understanding of activities and milestones with all parties involved Review policies and procedures to document process maps, risks and controls, and narratives and/or guide analysts in this activity. Identify and confirm risks and controls in processes under review including the drafting of risks and controls in line with standards. Guide assessment of control environment and determining effective risk mitigation or identification of gaps. Support and/or guide conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties / vendors, issues, regulatory or legal matters, etc. Conduct / oversee meetings with clear objectives, outcomes, and follow-up items. Understands of our department's role in risk management and is able to communicate the importance of different stakeholders and risk management in general Maintains all required documentation per Procedures and Standards to showcase progress and completion of risk & control inventory and RCSA activities

Requirements

7+ years of related experience or similar field.
Bachelor's degree in related field required.
Previous leadership experience required.
Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Advanced experience in Compliance, Operations Management, Audit, Risk Management, or related field.
Advanced analytical skills to determine key areas of focus, summary of meetings and key decisions and actions.
Advanced knowledge of and experience in documenting process maps in process mapping software.
Advanced experience identifying risks and controls in processes and performing/guiding risk and control self-assessments and other risk management activities.
Expert speaking and writing communication skills.
Advanced speaking and writing communication skills.

Responsibilities

Drive the preparation and execution of the IT Risk and Control updates / refresh through collection of data from various sources as defined in desktop procedures.
Complete risk assessments leveraging COBIT / NIST frameworks and FFIEC Manuals
Develop plan to ensure timely execution of risk management processes with business stakeholders; ensure common understanding of activities and milestones with all parties involved
Review policies and procedures to document process maps, risks and controls, and narratives and/or guide analysts in this activity.
Identify and confirm risks and controls in processes under review including the drafting of risks and controls in line with standards.
Guide assessment of control environment and determining effective risk mitigation or identification of gaps.
Support and/or guide conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties / vendors, issues, regulatory or legal matters, etc.
Conduct / oversee meetings with clear objectives, outcomes, and follow-up items.
Maintains all required documentation per Procedures and Standards to showcase progress and completion of risk & control inventory and RCSA activities