First LOD Risk Manager

Raymond James•Pittsburgh, PA

About The Position

The First LOD Risk Manager will report to the SVP Bank Operations and will have responsibility for ensuring effective operational controls and providing support and guidance to Operations groups including Private & Commercial Bank Lending Operations, Treasury Management Operations and Payment Operations teams (Wire, ACH, Deposits). This individual will support the team in identification of day-to-day business risks through regular review of documented processes and correlating controls, ensure the complete closure and remediation of Operational Incidents and Issues and develop and execute testing of key controls. The incumbent will be required to build and maintain strong partnerships with second and third line of defense to support audit, testing and RCSA implementation and ongoing reviews. The ideal candidate will have strong problem-solving skills and the ability to influence a broad group of stakeholders across the organization and a keen ability to ability to evaluate and enhance processes and internal controls.

Requirements

5-10 years of management experience in Banking Operations or Risk Management
Bachelor’s degree
Ability to use tools, data, and best practices to identify, assess, and manage operational risk exposures
Ability to work well under pressure, adapt to changing circumstances, make decisions quickly, and manage multiple priorities
Strong understanding of a Banking Operations Environment including; Commercial Lending, Treasury Management and/or Payment Operations
Bachelor’s: Accounting
Bachelor’s: Actuarial Science
Bachelor’s: Applied Mathematics
Manager Experience - 6 to 10 years

Nice To Haves

Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Responsibilities

Establish first line of defense monitoring and oversight
Support of risk assessments and 3 rd LOD control testing
Promote culture of effective risk management and compliance within Operations by supporting development and monitoring of key risk indicator (KRI) metrics
Design, implement and influence internal governance processes, controls and related key risk indicators (KRIs)
Management of Operational incident tracking including identification of root cause, risk of reoccurrence and associated operational and financial impacts
Oversight of Issue Management, including tracking, reporting, and remediation
Assists the Head of Operations and front-line operational management in developing and implementing measurement processes for operational key risk and control indicators
Provide monthly oversight and governance of Documentation exceptions and other process quality metrics
Experience with assessment and analysis of technology control environments and process automation
Oversight of procedure inventory including build out of annual review & attestation procedures
Provide support for the team and responding to ad-hoc requests from other business partners
Management of special projects