Director – Front Line Controls Officer

Director – Front Line Controls Officer

Requirements

• Candidates with advanced degrees (Associates, Bachelor’s, and/or Master’s) preferred, yet a High School diploma or GED is required.
• Minimum of 7 years of experience in risk management, operational risk, or internal audit within the banking or financial services industry.
• Substantial experience in leading Operational Risk Management, Risk and Control Self-Assessment (RCSA), Internal Controls Design or Controls Testing programs within the banking sector.
• Understanding of risk management frameworks and processes, including identification, assessment, and mitigation of risks.
• Ability to design, implement, and assess internal controls to manage risks effectively.
• Strong communication skills for leading workshop discussions and collaborating with stakeholders at various levels. Ability to facilitate the RCSA process.
• Ability to analyze complex issues, identify root causes of risks, and recommend appropriate solutions.
• Strong organizational skills, ability to manage multiple priorities, timelines, and resources.
• Knowledge of OCC Heightened Standards and Regulatory Category IV banking requirements preferred.
• Excellent leadership and project management skills.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent verbal and written communication abilities, with the capacity to present complex information clearly.
• Ability to influence senior stakeholders and build effective working relationships across business units and lines of defense.
• Strong commitment to quality and continuous improvement.
• Proficiency in risk management software and data analysis tools.

Responsibilities

• Execute and assist with the design, implementation, and maintenance of an effective internal control framework across Corporate Responsibility.
• Lead and execute documentation of RSCA processes across assigned Front Line Units (FLUs) to ensure it aligns with regulatory requirements and industry best practices.
• Assist with risk assessment workshops and activities to identify potential risks and control gaps. Analyze risk data to assess the likelihood and impact of risks on the bank’s operations.
• Prepare comprehensive reports for senior management, regulatory bodies, board committees, and Front Line Units detailing control effectiveness, quality assurance outcomes, and action plans for identified gaps.
• Work closely with 1st, 2nd and 3rd lines of defense to ensure that risk management practices are embedded within business processes. Act as the main point of contact for internal and external stakeholders regarding RSCA matters.
• Execute training sessions and workshops to enhance awareness and understanding of RSCA processes among staff and foster a proactive risk culture.
• Evaluate and improve methodologies and processes to adapt to changes in the regulatory environment, business operations, and emerging risks.
• Contribute to the development and update of Corporate Responsibility policies and procedures.
• Support internal audits and regulatory reviews related to risk identification, risk assessment and control testing. Ensure that documentation and evidence are prepared and available for audit and examination purposes.
• Collaborate with senior leadership and department heads to identify and evaluate key risks, implement risk control measures, and monitor risk mitigation efforts.
• Ensure adherence to applicable regulations and banking standards, partnering closely with Compliance, Internal Audit, and other control functions.

Preferred Qualifications

• Knowledge of OCC Heightened Standards and Regulatory Category IV banking requirements preferred.