Enterprise Risk Senior Manager - Strategic and Reputational Risk
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About the role
This position is responsible for the management and oversight of the delivery of second line Enterprise Risk Management services in line with area policies, industry standards, and management expectations with respect to strategic and reputational risks . The position is responsible for advising line management, senior leadership and executive leadership as it relates to risk of the businesses or functions supported, and is expected to coordinate information sharing with other risk partners. The position may be responsible in positively influencing both internal and external personnel, as applicable. The position will be responsible for management of activities that help the Bank keep pace with the evolving landscape of the risk management environment and identifying continuous improvements in the execution of practices within the Risk Management Division and its oversight of strategic and reputational risks . The role may also be requested to provide input to forthcoming strategy and direction, and be able to do so in context of the bigger picture and in a manner that supports collaboration and efficiency amongst its risk partners, as applicable. The position requires the ability to function autonomously in the oversight and/or execution of one or more risk activities in support of the services described above and will play a key role with the development of program level activities. Activities performed will help the Bank and areas supported adhere to the expectations of the enterprise risk framework and the expectations of key stakeholders, up to and including the Board. The individual is considered a subject matter expert in the businesses or functions that they support, and is able to understand other risk elements of the business, as well as the business in context of the Bank overall. Primary Responsibilities: Responsible for management of one or more Enterprise Risk Management areas of focus across multiple business lines and risk pillars. Ensure adherence to enterprise risk related policies and procedures. Understand and utilize the Risk Management Framework, and develop and implement various elements of said framework. Provides independent oversight and critical challenge of the identification, assessment, monitoring, mitigation, and reporting of all significant risks and risk practices within the First Line of Defense and throughout the Risk division. In risk-based and collaborative manner, ensure underlying elements of the risk management framework accurately reflect the risk environment. Identify gaps or deficiencies, and ensure remediation activities address the risk. Escalate through the governance structure up to and including senior management / governance committees, as appropriate. Lead initiatives to analyze various elements of said framework. Manage, execute or deliver the completion of high-complexity, ad hoc and appropriately detailed reports, spreadsheets and project work related to one or more risk disciplines based on required frequency (e.g. daily, weekly, monthly or quarterly). Ensure adequate analysis and challenge of existing reporting to identify improvement opportunities. Manage the collection of data and analysis for presentations for/to senior management and various risk committees. Prepare and present materials/presentations to business partners, senior and executive management and risk committees. Provide leadership to the department over highly complex analysis and judgment based work over a standard discipline or a range of disciplines to support business decisions. Review the work of others for accuracy and serve as a champion supporting the Bank's goals, Department objectives and risk culture. Serve as primary point of contact, effectively communicating and collaborating with all stakeholders in the Bank including Senior Managers, executive management and the Board, first line risk and other second line risk partners with respect to risk related matters and in a manner in which the Bank manages its risks. Able to readily discuss and address issues or concerns. Escalate significant and/or unresolved risk-related matters to Department management. May interact with State and Federal Regulatory Agencies, and support organizations such as Internal Audit and Legal. Identify program gaps and develop remediation plans to address those gaps in a timely manner. Escalate identified gaps to risk governance committees and executive management as necessary. Continuously enhance the Enterprise Risk Management program elements to improve effectiveness. Oversee the implementation of enhancements to processes. Define and participate in the achievement of short and long-term business objectives. May assist with budget, P&L and other business reporting. Analyze variances and report to leadership. Make recommendations on variances and methods to increase efficiency, lower costs, etc. Implement recommendations upon management approval. Drive continuous improvement of existing pr
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Company Intel
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