Manager, First Line Risk Mgmt
First Citizens Bank
2024-11-05 05:43:42
Jacksonville, Florida, United States
Job type: fulltime
Job industry: Other
Job description
Overview: The AVP Manager of First Line Risk Management is responsible and accountable for the management of risk activities related to an assigned First Citizens Bank Equipment Finance department in adherence with the Company's Risk Appetite and Corporate Strategy. The AVP Manager of First Line Risk Management serves as an effective communication channel between the Risk Management Department and assigned Equipment Finance department. The AVP Manager of First Line Risk Management maintains collaborative partnerships with senior management in their assigned department, Risk Management program leaders, peer First Line Risk Managers, and other stakeholders to enhance the Equipment Finance department's risk management capabilities. The AVP Manager of First Line Risk Management may also manage the training and development process of direct reports.
Responsibilities: Risk Activities - Ensures appropriate and effective collaboration between the assigned First Citizens Equipment Finance department and Risk Management department. Provides risk considerations for business/strategic plans. Manages timely identification and escalation of risks and issues and consults with assigned department's management surrounding key risk management issues, ensuring bank and regulatory alignment. Oversees issues management for the assigned department (corrective action, issue tracking, and reporting), including Risk Acceptance. Reviews and implements internal controls, ensuring control testing is in place and results are in line with Control Standards. Participates in risk identification and assessment processes and risk-related trainings.
Risk Oversight - Reviews assigned department's Risk Reports that provide a comprehensive view of risks that impact the assigned department and clarify risks and control performance. Analyzes and summarizes trends in assigned department's Risk Management, identifies Top and Emerging Risks and reports to department leadership. Manages the tracking and reporting of key indicators and limits to ensure timely escalation of breaches as required by the Risk Appetite Framework (RAF). Monitors and verifies the incorporation of Risk Limits into core department processes.
Risk Governance - Participates in relevant risk governance group meetings utilizing strong understanding of the assigned department's operations, risks, controls and related laws and regulatory guidance. Provides feedback and coordinates on relevant governance documents to support assigned department's activities and manage risk. Implements program policies, standards, and procedures.
Managerial Functions - Establishes and monitors expectations to achieve company and department goals. Makes recommendations on appropriate changes to team policies, procedures, and efficiencies to meet objectives. Manages the performance, training, and evaluation of assigned staff. Maximizes department achievements by providing professional development. Participates in mandatory risk training and educates department's personnel on key risk programs and topics.
Qualifications: Bachelor's Degree with 4 years of experience in Enterprise Risk or Operational Risk
- OR -
High School Diploma or GED with 8 years of experience in Enterprise Risk or Operational Risk
Additional requirements:
Advanced knowledge of operational and enterprise risk management including identification, assessment, and escalation of risk issues
Advanced ability to partner and collaborate
Advanced organizational awareness
Intermediate ability to track and coordinate large, complex processes
Intermediate experience using Microsoft Visio, Excel, and PowerPoint
Preferred Qualifications:
Commercial Banking experience
Experience in the Vendor Equipment Finance industry
Risk Management Certifications (CRM/CERA/PRM etc.)
This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.
First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found .