The AVP, Risk ID & Aggregation team member has a critical role within the Enterprise Risk Management function in the Bank's second line of defense, responsible for leading the Bank's enterprise wide processes for identifying, assessing, and aggregating risks across all business lines.
Requirements
- Lead the enterprise wide risk identification process, including annual risk assessments, emerging risk reviews, and thematic deep dives.
- Facilitate workshops and interviews with business units and risk owners to surface new and evolving risks.
- Develop, manage, and enhance relevant policies and procedures in alignment with the Bank's Risk Management Framework and Risk Appetite Statement.
- Own and enhance enterprise-level risk reporting to risk committees and develop and maintain board-level reports, analytics, and trends.
- Design comprehensive risk dashboards, heatmaps, and narrative analyses that provide actionable insights and reflect the Bank's risk profile.
- Maintain and enhance the Bank's risk taxonomy to ensure consistent classification and reporting of risks.
- Evaluate the materiality of identified risks using qualitative and quantitative assessment methods.
- Develop and maintain processes to aggregate risks across business lines, risk types, and portfolios.
- Produce enterprise level risk dashboards, heat maps, and trend analyses for senior management and Board committees.
- Contribute to the development and enhancement of the Bank-wide Risk Identification program and effectively integrate the output into actionable decisions.
- Interface with functional and department leaders, providing clear direction on Bank-wide risk assessment processes, to include Risk ID.
- Communicate across all levels of the organization and produce comprehensive executive-level risk reports.
- Support regulatory examinations, internal audits, and independent reviews related to ERM activities.
- Develop and lead training specific to Risk Identification and Aggregation, and the processes outlined in respective policies.
- Monitor external trends, industry developments, and macroeconomic factors to identify emerging risks.
Benefits
- medical insurance
- dental insurance
- vision insurance
- life insurance
- long-term disability insurance
- flexible spending accounts (FSAs)
- health saving account (HSA) with company contributions
- voluntary coverages
- 401(k)
