Senior Risk Officer

First Citizens Bank•Raleigh, NC

7d•Remote

About The Position

The Senior Risk Officer will advance and strengthen the Third-Party Risk Management (TPRM) Program and Framework. The role leads strategic initiatives that improve the effectiveness, efficiency, and regulatory alignment of third-party risk management while supporting program maturity objectives. It contributes to implementing TPRM artificial intelligence and automation initiatives to improve operational efficiency, reduce due diligence costs, and shorten due diligence cycle times, partnering with Risk, Technology, and Business Lines to identify opportunities to use emerging technologies to improve the quality, consistency, and scalability of risk assessments. The role also advances alignment of TPRM methodologies and lifecycle processes with evolving regulatory expectations and industry best practices. Work includes evaluating and enhancing processes, supporting framework development, and defining business requirements for the TPRM system of record to streamline workflows, improve execution, enhance data quality, and strengthen reporting and management information. The Senior Risk Officer serves as a key resource during internal and external examinations, including Audit, Second Line Quality Control reviews, and regulatory inquiries, and provides subject matter expertise and support for evidence requests. This is a remote role that may only be hired in the listed states: AL, AR, DE, FL, GA, IA, IN, KS, KY, LA, MS, NC, ND, NE, NH, OK, PA, RI, SC, SD, TN, TX, WV, and WI. Raleigh, North Carolina is preferred; candidates in other locations within the Eastern and Central time zones may also be considered.

Requirements

Bachelor's degree and 6 years' experience in Enterprise Risk or Operational Risk, and Project Management or Internal/External Consulting; OR High School Diploma or GED/Equivalent and 10 years' experience in Enterprise Risk or Operational Risk, and Project Management or Internal/External Consulting.
Builds Productive Relationships.
Banking Regulations & Compliance.
Policy Procedure and Governance.

Nice To Haves

7 years of progressive third-party risk management program, governance and/or reporting experience.
Experience leading change management initiatives.
Large Financial Institution experience.
Experience in information technology/cyber security.
Knowledge of risk techniques, practices, and control framework.
Knowledge of various banking and government regulatory requirements and processes.
Ability to work effectively with associates, senior management, and various committees.
Knowledge of regulatory guidance pertaining to enterprise risk and operational risk.

Responsibilities

Lead implementation of TPRM artificial intelligence and automation initiatives to improve operational efficiency, reduce due diligence costs, and accelerate review cycle times.
Drive enhancements to the TPRM Program and Framework to align with evolving regulatory expectations and industry-leading practices.
Develop and maintain third-party risk methodologies, standards, and lifecycle processes that improve consistency, effectiveness, and risk oversight.
Define and prioritize business requirements for the TPRM system of record to improve workflow automation, reporting, data quality, and user experience.
Enhance fourth-party risk management and concentration risk oversight through improved dependency mapping, monitoring, and reporting.
Provide subject matter expertise and support evidence requests during internal and external examinations, Audit, Second Line Quality Control reviews, and regulatory inquiries.