Enterprise Risk Advisor - Strategic & Reputational Risk

Overview

This position is responsible for the development and delivery of second line Enterprise Risk Management services in line with area policies, industry standards, and management expectations with respect to strategic and reputational risks. The position is responsible for advising line management, senior leadership and executive leadership as it relates to risk of the businesses or functions supported, and is expected to coordinate information sharing with other risk partners.

The position will be responsible for leading development and delivery of activities that help the Bank keep pace with the evolving landscape of the risk management environment and identifying continuous improvements in the execution of practices within the Risk Management Division and its oversight of strategic and reputational risks. The position requires the ability to function autonomously in the oversight and/or execution of one or more activities in support of the services described above and will play a key role with supporting the development of program level activities.

Activities performed will help the Bank and areas supported adhere to the expectations of the enterprise risk framework and the expectations of key stakeholders, up to and including the Board. The individual is considered a subject matter expert in the businesses or functions that they support.

• Lead and may be responsible for one or more Enterprise Risk Management activities within a similar area or will manage activities that span across the Bank.
• Ensure adherence to enterprise risk related policies and procedures. Understand and utilize the Risk Management Framework, and develop and implement various elements of said framework. Provides independent oversight and critical challenge of the identification, assessment, monitoring, mitigation, and reporting of all significant risks and risk practices within the First Line of Defense and throughout the Risk division. In risk-based and collaborative manner, ensure underlying elements of the risk management framework accurately reflect the risk environment.
  
  Identify gaps or deficiencies, and ensure remediation activities address the risk. Escalate through the governance structure up to and including senior management / governance committees, as appropriate. Participate in initiatives to analyze various elements of said framework.
• Produce complex and ad hoc reports, spreadsheets and project work related to various risk disciplines based on required frequency (e.g. daily, weekly, monthly or quarterly). Periodically analyze existing reporting to identify improvement opportunities.
• Collect and/or analyze of data necessary for presentations for/to senior management and governance committees. Prepare and present materials/presentations to business partners, senior and executive management. May assist with materials provided to various risk committees.
• Perform highly complex analysis and judgment based work over a standard discipline or a range of disciplines to support business decisions. Review the work of others for accuracy.
• Serve as liaison and trusted partner of the business with well-established relationships. May serve as a primary point of contact for specific activities and supporting business lines. Work collaboratively with Senior Managers within the Risk Division and Bank, first line risk and other second line risk partners to ensure two-way communication on issues and concerns. Identify and elevate significant and/or unresolved risk-related matters to Department management.
  
  May interact with State and Federal Regulatory Agencies, Executive Management, and support organizations such as Internal Audit and Legal.
• Assist in identification of program gaps and develop remediation plans to address those gaps in a timely manner. Escalate identified gaps to risk governance committees and executive management as necessary. Continuously enhance the Enterprise Risk Management program elements to improve effectiveness. Assist with the implementation of enhancements to processes.
• Lead continuous improvement of existing processes and develop new processes, as well as, the planning and…