Experience Inc. Jobs

Description

The Risk Governance Manager, under the direction of the Deputy Chief Risk Officer, provides senior leadership of critical ERM functions. The ERM Program Manager is responsible for implementing, maintaining, and providing continuous improvement of the Bank's enterprise-wide risk appetite, risk and control self-assessment (RCSA), and control testing methodologies, and for executing on those methodologies from the second line of defense. The Risk Governance Manager provides leadership and direction to the ERM risk assessment and control testing team, and must be able to effectively and independently collaborate with and influence first and second line of defense stakeholders. This position plays a critical role in helping to ensure Bank management and the Board of Directors are timely and accurately informed of the levels of risk within the Bank. Responsibilities also include ensuring complete and accurate risk appetite, RCSA, and control testing information capture within the Bank's PremierIQ GRC system (Archer) to support timely and accurate reporting. This position has a direct role preparing and providing information for, and participating in, audits and regulatory examinations. The Risk Governance Manager will recruit and develop a team to support execution of the Bank's program for first and second line of defense risk and control assessments, control testing and risk appetite metr The position will work closely with business line and executive management in carrying out the assigned duties. The Risk Governance Manager must demonstrate a broad understanding of banking functions and processes, excellent independent judgement with a minimal amount of supervision and direction, and perform a wide range of services, many of which are complex and confidential in nature. RESPONSIBILITIES Independently manage RCSA activities including process mapping (workflows), business process hierarchy, risk and control taxonomy, and risk analytics and reporting. Ensure awareness of risk and control assessment expectations, ownership and accountability across the Bank. Maintain RCSA associated program supporting infrastructure including risk and control taxonomies, process hierarchy, and policies and procedures. Promote awareness of the Bank's risk frameworks, policies and standards. Support the Bank-wide coordination of the RCSA process in close collaboration with front line units to ensure consistency with sound risk management standards and internal policies and procedures. Independently manage the execution and enhancement of the second line of defense RCSA program. Serve as subject matter expert for first and second line of defense on risk and control inventories and assessments. Provide effective challenge to the first line of defense on risk and control inventories and assessments. Provide input, feedback, and challenge to risk and control assessment stakeholders for alignment within and across RCSA processes. Partner with other second line of defense subject matter experts to ensure collaborative risk and control inventories, assessments and credible challenge. Ensure awareness and implementation of the Bank's risk and control assessment program through training and monitoring. Define KRIs and KPIs for the identification of trends and areas of elevated risk exposure. Develop and provide management and board level reporting related to RCSA data and results. Develop and lead a team; responsible for hiring, coaching, performance management, training, and development of an ERM risk assessment department. Stay abreast of regulatory developments and updates related to risk management to ensure the Bank's compliance with applicable laws, regulations, and guidelines issued by relevant regulatory agencies. Responsible for providing leadership and guidance in the development, implementation and maintenance of the Bank's control testing program. Independently implement nd maintain the Bank's internal control testing and effectiveness monitoring program including policies, procedures and testing calendar. Promote sound control testing culture across the Bank by supporting and providing oversight to the first and second line of defense control testing programs. Develop, oversee and maintain a timely and efficient ERM control testing program and calendar in collaboration with other testing departments to minimize business impact and ensure comprehensive control inventory testing. Manage an ERM second line of defense control testing team that works to identify, assess and test controls based on defined program requirements. Oversee management of identified control testing deficiencies, including identification of root causes and ensuring adequacy of remedial action taken to prevent recurrence. Independently oversee Bank-wide control testing programs, review control testing/quality reports and participate in initiatives and lead opportunities for improved controls efficiency and effectiveness reducing exposure to material risks. Ensure effective implementation of the Bank's control testing program across the first and second lines of defense through training, awareness and monitoring. Develop and manage the control testing team for training, compliance, capacity and personnel issues. Provide informed and valuable control perspectives to executive management. Act as central point of contact for receipt and distribution of control testing related information between first and second line of defense teams. Provide ongoing quality assurance that all business units and second line of defense functions are adhering to the applicable control testing policies, standards and procedures. Accountable for oversight, implementation and execution of the risk appetite statement metrics development, collection, validation and reporting methodologies. Contribute to the continuous development, enhancement, and communication of the Bank's Risk Appetite Statement, ensuring it accurately reflects the Bank's strategic objectives, risk tolerance, and evolving risk landscape. Support metric owners in timely and accurate risk appetite statement metrics