Risk Management. AVP, Risk & Aggregation

GENERAL SUMMARY

The AVP, Risk Identification & Aggregation team member has a critical role within the Enterprise Risk Management function in the Bank's second line of defense, responsible for leading the Bank's enterprise-wide processes for identifying, assessing, and aggregating risks across all business lines. This position ensures that material risks are captured, analyzed, and communicated in a timely and consistent manner to support strategic decision‑making and regulatory expectations.

The role partners closely with business units, risk owners, and senior leadership to maintain a comprehensive view of the bank's risk profile and to enhance the maturity of the ERM framework. The AVP serves as a subject matter expert on risk identification methodologies, emerging risk analysis, and risk aggregation techniques.

To support this role, and in alignment with the Bank's Risk Management Framework, the Risk Identification & Aggregation team member develops and implements the policies and procedures required to support effective risk management programs.

• Lead the enterprise-wide risk identification process, including annual risk assessments, emerging risk reviews, and thematic deep dives.
• Facilitate workshops and interviews with business units and risk owners to surface new and evolving risks.
• Develop, manage, and enhance relevant policies and procedures in alignment with the Bank's Risk Management Framework and Risk Appetite Statement.
• Own and enhance enterprise-level risk reporting to risk committees and develop and maintain board-level reports, analytics, and trends.
• Design comprehensive risk dashboards, heatmaps, and narrative analyses that provide actionable insights and reflect the Bank's risk profile.
• Maintain and enhance the Bank's risk taxonomy to ensure consistent classification and reporting of risks.
• Evaluate the materiality of identified risks using qualitative and quantitative assessment methods.
• Develop and maintain processes to aggregate risks across business lines, risk types, and portfolios.
• Produce enterprise level risk dashboards, heat maps, and trend analyses for senior management and Board committees.
• Contribute to the development and enhancement of the Bank-wide Risk Identification program and effectively integrate the output into actionable decisions.
• Interface with functional and department leaders, providing clear direction on Bank-wide risk assessment processes, to include Risk .
• Communicate across all levels of the organization and produce comprehensive executive-level risk reports.
• Support regulatory examinations, internal audits, and independent reviews related to ERM activities.
• Develop and lead training specific to Risk Identification and Aggregation, and the processes outlined in respective policies.
• Monitor external trends, industry developments, and macroeconomic factors to identify emerging risks.

Education:

• Bachelor's or Master's degree in Finance, Business Administration, Risk Management, or related field.

Experience:

• Minimum 4 years of relevant Financial Sector experience with particular focus in Risk Management, preferably in mid to large size U.S. banking institutions.
• Minimum 4 years of experience with risk management programs, particularly in areas such as risk assessments, Risk Identification, Risk Aggregation and Reporting, and general risk management.
• Experience designing and developing risk reports for risk committees and Board.
• Knowledge of banking regulations and branch operations.
• Understanding of how banks function and the top risks that can directly impact bank operations, to include experience working with and developing bank risk taxonomies.

Skills/Ability:

• Self‑motivated with an analytical mindset and a drive to develop new programs.
• Proven record of delivering high quality results within strict deadlines.
• Strategic thinking and the ability to convert plans into action.
• Strong ability to operate in an environment of change.
• Ability to present complex information clearly and concisely to diverse audiences.
• Proven leadership with a strong focus on execution.
• Strong interpersonal skills. Ability to build and expand trusting relationships and…