First Line Risk Professional

Risk Management Position

This position is responsible for managing risk within the first line business unit and implementing risk programs rolled out by Enterprise Risk Management. Key responsibilities include educating and supporting the on the execution of risk programs.

Risk Oversight – Serves as a subject matter expert providing guidance and process coaching to ensure appropriate and effective collaboration between the and departments. Generates, analyzes, and utilizes Risk Reports to identify potential risks that may impact the and provides any needed clarification. Continuously tracks and reports on key indicators and limits and ensures timely escalation of breaches as required by the Risk Appetite Framework (RAF).

Assists in the review and enhancement of internal controls, ensuring control testing is in place and results are in line with the Control Standards.

Risk Collaboration – Assesses impact and provides education around current and emerging issues and regulatory requirements with senior management and key stakeholders. Participates in mandatory risk training and educates personnel on key risk programs and topics.

Risk Governance – Maintains and utilizes strong understanding of business operations, risks, controls and related laws and regulatory guidance. Supports the participation in relevant risk governance group meetings. Monitors and ensures the incorporation of Risk Limits into core processes. Provides necessary feedback and coordinates on relevant governance documents to support activities and manage risk. Prepares for external audits and provides materials to regulators.

Works with senior management to execute the implementation of effective program policies, standards, and procedures.