RISK MANAGER

FINWISE BANK•Murray, UT

5d•Onsite

About The Position

FinWise Bank is a commercial institution located in Murray, Utah that offers exceptional products in a manner that continually surpasses expectations. Risk Management is a vital part of the Bank’s structure, and the Risk and Compliance Division supports the Bank in these efforts. The Risk Manager is primarily responsible for evaluating and monitoring risks to the Bank associated with various partnerships, products, and processes that the Bank is engaged in, and advises the Bank’s business units of those risks, and how they may be mitigated. This role will establish and maintain strong relationships across lines of business and management, to ensure all aspects of risk management framework are delivered according to policy and business strategy. The Risk Manager constitutes a key component within a team of skilled and engaged colleagues with a broad span of responsibilities, who will actively interact with individuals from various business units.

Requirements

Knowledge of policies and processes for risk management; ability to use tools, data, and best practices to identify, assess, and manage risk exposures.
Ability to use Generative AI tools to support task completion.
Strong analytical and problem-solving skills are to be used in evaluating risks.
Ability to manage highly confidential information and material in a professional manner.
Ability to demonstrate strong time-management skills, work in a fast-paced, matrixed environment to effectively meet deadlines and work with minimal supervision.
Strong written and verbal communication and collaboration skills, including across all levels of an organization.
Demonstrate ability and confidence in collaborating in a large attendance environment, virtually or in-person, with internal and external parties.
Strong proficiency with MS Excel and other MS Office products.
Strong attention to detail.
Problem solving skills as well as flexibility and adaptability.
Knowledge of internal controls and risk assessments.
Excellent business writing skills.
Ability to demonstrate knowledge of required laws and regulations relevant to policy reviews.
BA/BS or equivalent professional experience.
3+ years’ experience within the banking or financial services industry.
Background checks are required on all bank employees due to the accessibility of Personally Identifiable Private Information.

Nice To Haves

Work experience in risk management, audit, or compliance.
Risk management certifications.
Ability to build AI Agents to supplement task completio

Responsibilities

Help to implement policies and procedures through regular updates and reviews.
Create and perform risk assessments utilizing established systems, processes, and frameworks to identify and assess risks across a variety of business lines, products, and components related to risk management.
Regularly identify controls being utilized to mitigate risks across the Bank and link them to identified risks within the risk assessments.
Support the business units within the Bank to conduct Risk Control Self-Assessments and review the assessments in order to advise the business units and make control suggestions.
Review and regularly monitor and assess various credit and other models in use by the Bank and its partners.
Review and approve due diligence and assessment documentation of third parties being onboarded by the Bank and its partners.
Stay abreast of emerging risks applicable to the Bank and develop training materials, templates, or other guidance documents to support business units in their risk management activities.
Perform data validation activities through a defined process including acceptance testing and ongoing monitoring of key data utilized by the Bank’s business units.
Regular review and analysis of various reports to monitor risk exposures and concentrations.
Log issues identified through audits and exams and support the Bank’s business units in their efforts to address these items.
Identify potential control gaps or deficiencies in Bank processes and communicate recommendations for improvement or correction to management.
Conduct due diligence, as needed, on potential partnerships and third-party vendors.
Implement and use various Generative and Agentic AI tools to assist in performing tasks.