ERM First Line Risk Oversight Program Director
Company: First Citizens Bank
Location: Wake Forest
Posted on: May 3, 2024
Job Description:
Overview: First Line Risk Oversight ProgramAligned to FCB's
Enterprise Risk Management function, the First Line Risk Management
(FRM) Program Oversight Program team is specifically responsible
for the oversight of First Citizens' FRM Program, including
oversight for the implementation of risk management programs,
processes and activities across all FCB's first line business
units. The RoleThe FRM Program Oversight Director proactively
monitors program implementation across first line business units
and counsels first line business unit leaders on the alignment of
appropriately skilled first line risk resources and successful
implementation of the FRM Program. The successful candidate will
work collaboratively with leaders of business units and functional
areas across FCB, ensuring effective communication and strong
cooperation between the first line business units and independent
risk management functions at FCB. Accordingly, critical success
factors will include the ability to develop partnerships with many
business unit and functional areas, provide insight into the risk
environment and identify developments that may present
opportunities or reflect gaps in the first line risk management
execution/direction. The CandidateLeadership, integrity, and
credibility will be determining factors in selection. Successful
candidates will be articulate and possess a demonstrated leadership
capability; they will be impressive in their inter-personal
effectiveness and with regard to their accomplishments. It requires
a leader with strong relationship management, influencing, vision
and execution skills. A key differentiator will be the ability to
understand and operate successfully in a complex corporate
environment. The role requires a sense of urgency, passion for
results, and personal accountability for achievement. As a Manager,
you are expected to achieve success by leading yourself and your
team. Specifically you will:
Lead your team with integrity and
create an environment where your employees feel included, valued,
and supported to do work that energizes them.Accomplish management
responsibilities which include sourcing and hiring talented
employees, providing ongoing coaching and feedback, recognizing and
developing employees, identifying and managing risks, and
completing daily management tasks. Responsibilities:
Proactively monitor the broader
business and risk environment (internal and external to FCB) to
determine potential impacts on the FRM Program and implement
necessary enhancements.Provide proactive strategic leadership to
first line business unit leaders, FRM group managers, and 2nd line
stakeholders to ensure that the first line business units are
appropriately staffed with capacity and skills to properly manage
risk consistent with the enterprise risk management framework and
within risk appetite.Monitor FRM groups and provide feedback to
business unit leadership and FRM group managers on the performance
of FRM groups against the key objectives and program elements
described in the FRM Standards and other risk related
activities.Provide timely communication and strong cooperation
between business unit leaders, FRM groups and independent risk
management functionsEstablish and maintain FRM Program
effectiveness reporting that enables accountable owners in the
first and second lines to successfully drive their risk management
disciplineChampion a culture of empowerment and accountability
throughout the FRM groups and FRM Program Oversight function,
focused on understanding risks and mitigation strategies, and
ownership of problem resolution in partnership with aligned
business unit leadersBuild a high performing FRM Program Oversight
team and ensure proper staffing and expertise exists to build
capabilities and processes to meet heightened risk management
expectations Qualifications:
Bachelor's Degree and 10 years of
experience in Enterprise Risk or Operational Risk and Project
Management or Consulting (internal or external) OR High School
Diploma or GED and 14 years of experience in Enterprise Risk or
Operational Risk and Project Management or Consulting (internal or
external)Desired Qualifications:
Meaningful knowledge across
enterprise risk management framework, including: risk
identification, risk appetite and strategy, risk-related decisions,
processes and controls, risk analytics and governance.Understanding
of best-practice risk management techniques across financial
services industry.Strong interpersonal, influencing, and
communications skills with an ability to interact effectively with
stakeholders and the ability to effectively manage and build
relationships within first line business units and independent risk
management functions.Proven leadership and project management
skills to drive alignment across stakeholder groups to develop and
deliver repeatable end to end risk management solutions.Deep
understanding of risk framework, corporate/business policies, and
programs that impact the business, function and/or risk
type.Demonstrated leadership ability that embodies FCB's Behavioral
True North and leadership competencies.Ethical integrity and
demonstrated ability to assess and determine when to raise concerns
and escalate.Proven ability to build and lead high performing
individuals, ensure proper staffing and expertise exists, and can
coach and enable individuals in risk management.Strong analytical
ability used to identify risks and confidently raise issues,
escalate early and engage in constructive credible challenge and
will do so independently whenProven ability to proactively manage
and resolve conflict and effectively defend decisions with
objective rationale
Keywords: First Citizens Bank, Greenville , ERM First Line Risk Oversight Program Director, Executive , Wake Forest, North Carolina
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