Business Risk Specialist

An individual in Enterprise Risk Management plays a critical role in managing the bank's diverse risks to ensure financial stability and sustained growth. This involves the identification and management of enterprise-level and cross-cutting risks, designing and executing stress tests, managing climate risk and protecting against reputational risk. This integral role within the bank ensures operations are within a defined risk appetite and contribute to the overall objectives of the bank.

Individuals responsible for In-business Risk Management oversee risk identification, assessment, measurement, monitoring and reporting. They design and implement risk mitigation actions and focus on managing one or more risks in support of business activities.

Professionals in Enterprise Risk Management are entrusted with providing a comprehensive view of risk management which enables the bank to anticipate, assess, and mitigate potential risks, crucial for the bank's success.

• Independently performs risk and control assessments, developing and implementing risk mitigation recommendations with minimal supervision.
• Takes ownership in addressing audit, compliance, and regulatory findings.
• Leads remediation efforts and the quarterly audit process, driving procedural implementation and change management within the team.
• Spearheads the enhancement and automation of control processes, proactively monitoring for exceptions and breaches, and independently escalating issues to senior management.
• Champions strong governance, controls, and a culture of responsible finance within the team, leading the implementation and enforcement of the Control Framework.
• Evaluates risks within the team's scope, ensuring rigorous compliance with regulations, promptly reporting control issues, thoroughly identifying root causes, and developing and implementing effective corrective actions.
• Proactively stays updated on risk and control assessment practices, acting as a subject matter expert and sharing knowledge and insights with team members to elevate overall understanding and performance.
• Leads innovative risk analysis initiatives, ensures timely and accurate risk reporting, develops comprehensive communication materials, and leads risk management training efforts, focusing on risks pertinent to team activities.
• Drives governance coordination, facilitates MCA risk assessments, ensures strict adherence to policy guidelines, independently manages responses to risk events, and fully integrates risk and control responsibilities within business units.
• Leads efforts to enhance control capabilities, develops and implements interim tools, designs and implements comprehensive monitoring solutions, and applies deep business insights to support the implementation of robust control processes, collaborating with stakeholders for firm protection and continuous process improvements.
• Serves as a role model by adhering to the firm’s Code of Conduct, Plan of Supervision, and all role‑specific policies and procedures, ensuring unwavering compliance and ethical behavior in all activities.

• Is an enthusiastic and early adopter of change; takes ownership for helping others see a better future and stay positive during uncertainty.
• Demonstrates and inspires curiosity in seeking new ways to overcome challenges; actively applies learning from failures.
• Challenges self and others to seek out and communicate alternative views even when unpopular; welcomes diverse ideas to improve outcomes.
• Acts as a change catalyst by identifying and helping others see where new ideas could benefit the organization.
• Proactively seeks to understand and act in alignment with organizational decisions; helps others prioritize team and enterprise success over their own personal agenda.
• Focuses on highest-priority work aligned to business goals; helps others effectively manage competing priorities.
• Proactively identifies opportunities to streamline work; creates process improvements that enhance efficiency for self and the team.
• Takes personal accountability for escalating, identifying, and managing potential risk; implements controls that enhance the…