Business Risk & Control Officer

Business Risk & Control Officer

The Business Risk and Control Officer is responsible for creating vision and defining strategy to ensure effective risk management across multiple disciplines for the supported organization at Seacoast Banking Corporation of Florida. The Business Risk and Control Officer will report to the Director of Consumer and Small Business Risk Management, working closely with Enterprise Risk Management, collaborating with other Line of Business Leaders and key stakeholders to advance the company control framework for sustaining risk management and policy compliance, supporting the management and enhancement of existing platforms and processes.

This role will also collaborate with the internal and external stakeholders to assess and mitigate risk, ensure proper compliance, and assist in improving policy/procedures. The Business Risk and Control Officer will drive key initiatives and lead special projects, issues management, and prepare documentation for/participate in regulatory exams. The importance and scope of the role, requires consistently gaining the confidence and trust of others through honesty, integrity, and authenticity.

The job offers high visibility throughout the company.

Essential duties and responsibilities include fostering a culture of risk and compliance, promoting values and knowledge of prudent risk taking; identifying and fostering new business opportunities that align with risk appetite. Build strong cross-functional collaboration and relationship management with key stakeholders across Three Lines: lines of business (LoB), Regulatory and BSA Compliance, Enterprise Risk Management (ERM), various risk functions including but not limited to TPRM, Operational and Information Security Risks, and Internal Audit.

Demonstrate an ability to recognize risk and drive change within business or function. Play a leadership role and actively contribute to M&A risk mitigation and integration. Design and build a sustainable risk assessment process, prioritizing based on feedback from experiential data, Quality Control monitoring results, and industry knowledge. Understand and identify regulatory/compliance requirements for banks, document applicable regulations and controls, review existing procedures for potential gaps and revise procedures/processes to ensure compliance.

Define self-monitoring activities as part of the First Line and or Second Line for regulations associated to ensure compliance with related BSA and other key banking regulations. Identify patterns of non-compliance with policies, procedures, and/or regulations, investigate root cause, and propose and implement cost-effective solutions for remediation. Demonstrate a strong understanding of the enterprise risk and necessary controls/interactions between dependent processes to minimize failures and achieve efficient and effective workflows.

Expertise in operational and reputation risk from an industry perspective. Contribute and participate in Risk and Control Self-Assessment (RCSA); report findings, trends, insights and recommendations for improvements. Assist with design, execution, and documentation of a control testing program to assess existing gaps and effectiveness of controls. Coordinate self-reporting of issues and management of the issues process for their supported areas on the GRC platform.

Coordinate risk management activities for operational risk including, but not limited to, fraud risk. Collaborate with ERM to implement stakeholder reporting including the development, tracking, and reporting of Key Risk Indicators (KRI), and drive and or implement actions in response to deviations and negative trends. Develop and report QA metrics such as Key Performance Indicators (KPIs) to measure success. Evaluate existing and develop new processes and procedures in cooperation with QA team and Second Line functions to ensure adherence to all applicable laws, regulations and internal Seacoast guidance and templates.

Collaborate with Regulatory Compliance, Internal Audit, and other stakeholders to address control gaps, develop corrective actions and remediate issues noted during Second- and…