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Consumer and Small Business Banking – Senior Business Unit Chief Risk Officer – Csbb

Consumer and Small Business Banking – Senior Business Unit Chief Risk Officer – Csbb

CompanyTruist
LocationRichmond, VA, USA, Winston-Salem, NC, USA, Charlotte, NC, USA, Atlanta, GA, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesMaster’s
Experience LevelExpert or higher

Requirements

  • Advanced graduate degree in Business, Finance or equivalent science/academic field.
  • Twenty years of risk management experience in financial services or related field, including extensive experience in areas such as credit underwriting or capital and liquidity management.
  • Strong leadership and communication skills in the discussion of risk management with a wide range of management levels.
  • Broad risk and regulatory knowledge.
  • Superior ability to think strategically, multi-task, and drive change.
  • Strong quantitative, governance, and analytic abilities.
  • Ability to make decisive and quick decisions.
  • Executive and Board level presentation skills.

Responsibilities

  • Through robust 2nd line oversight, ensure compliant execution to the corporate risk management framework for all eight risk types in the 1st line. Aggregate, report and escalate risk accordingly.
  • Provide strategic risk advisory to the Business Unit Executive Leader and Business Unit Risk Manager.
  • Chair the Business Unit Risk Committee and actively serve as member on various Committees, Councils and Working Groups, Board meetings, regulatory agency meetings and examinations to offer 1st Line effective challenge, ensure risk management strategies are appropriately communicated and that risk programs are appropriately represented.
  • Escalate pertinent issues or significant events to Risk Program owners, executive management and/or the Board for all eight risk types. Influence and support management and board level or other aggregate reporting with respect to the Business Unit risk exposures, programs, and remediation efforts across all eight risk types.
  • Monitor the Business Unit risk and control framework for adequate design, documentation, and effectiveness in order to meet internal and regulatory requirements/expectations.
  • Where applicable, serve as a Risk Program escalation point and/or execute on Risk Program effective challenge requirements.
  • Thoroughly document effective challenge on topics such as Business Unit strategies, personnel alignment/organizational hierarchy, change initiatives, issues remediation, risk appetite/KRI thresholds and results, policy changes, risk limits, governance routines, control design and effectiveness, material risk takers, incentive plans, and discretionary awards.
  • Produce independent ad-hoc risk assessments (i.e., M&A risk considerations or retrospective reviews).
  • Lead team of risk professionals in support of these job duties to include salary administration, performance assessment, coaching, team member selection, training and career development of staff.

Preferred Qualifications

  • Twenty-five years of risk management experience in financial services or related field.
  • Experience developing and maintaining strong, trusting relationships with CSBB Executive Leaders.
  • FRM/CFA or equivalent advanced risk certification (or relevant Advanced Degree).
  • Ability to translate 2nd line risk framework objectives into actionable and executable tasks for the Business Unit Risk Managers.
  • Experience working with regulators.