Operational Risk Management (ORM) Testing Manager

Western Alliance Bank•Columbus, OH

About The Position

As an ERM/ORM Controls Testing Manager you'll contribute to the execution of the bank’s second line of defense Enterprise and Operational Risk Management framework programs such as Risk and Control Self-Assessment, Controls Testing, Operational Loss, and Issue Management. You'll lead a team of risk professionals towards the achievement of the Company's Risk Management goals. You'll champion a strong risk culture for the Company by elevating the risk knowledge base of the workforce and leaders by deploying risk management best practices across the organization. You'll collaborate with teams across the bank to enhance risk oversight and elevate risk culture all while building valuable skills in a dynamic and fast paced environment. Assist in the execution of the Bank's Operational Risk Management (ORM) Programs including Controls Testing and Issue Management and contribute to various Enterprise Risk Management initiatives. Perform and provide oversight for the execution of controls testing including Test of Design (TOD) and Test of Effectiveness (TOE). Areas covered include information technology, general banking operations, commercial and consumer banking products and services Validate Management Action Plans and provide effective challenge over remediation of Issues. Provide second line oversight and effective challenge for first line of defense business areas. Develop strong partnerships with first line stakeholders and second line subject matter experts Create and prepare various risk metrics, dashboards and reporting to provide senior management with timely insights into risk profile. Ensure that the organization's ERM practices comply with industry standards, regulations, and other requirements. Lead and develop a team; responsible for hiring, coaching, performance management, training and development.

Requirements

6+ years of related experience in 2LOD Risk Management, Internal Audit, 1LOD Risk Management or similar field.
Bachelor's degree in related field required.
Leadership experience required.
Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Risk management experience in financial services and knowledge of control frameworks (e.g., SOX, COSO, COBIT).
Advanced knowledge of Controls Testing along with Risk and Control Self Assessments within areas such as information technology, general banking operations including deposit operations, loan administration, treasury management and/or other commercial and consumer banking products and services.
Strong communication skills both verbal and written.
Ability to create presentations to deliver effective messages to leadership.
Ability to effectively manage multiple deliverables and be able to identify and implement process improvements.
Occasional travel required.

Responsibilities

Assist in the execution of the Bank's Operational Risk Management (ORM) Programs including Controls Testing and Issue Management and contribute to various Enterprise Risk Management initiatives.
Perform and provide oversight for the execution of controls testing including Test of Design (TOD) and Test of Effectiveness (TOE).
Validate Management Action Plans and provide effective challenge over remediation of Issues.
Provide second line oversight and effective challenge for first line of defense business areas.
Develop strong partnerships with first line stakeholders and second line subject matter experts
Create and prepare various risk metrics, dashboards and reporting to provide senior management with timely insights into risk profile.
Ensure that the organization's ERM practices comply with industry standards, regulations, and other requirements.
Lead and develop a team; responsible for hiring, coaching, performance management, training and development.