WMAS Risk Manager

Essential Functions

• Leads the administration and continuous improvement of the WMAS fiduciary, risk, and compliance oversight framework, including risk identification, compliance oversight, risk assessment, risk monitoring, risk reporting, escalation protocols, governance routines, and enterprise-level issue aggregation and oversight.
• Coordinates periodic WMAS risk assessments and maintains appropriate documentation of risk categories, inherent risk, control effectiveness, residual risk, key risk indicators, and emerging risk themes.
• Aggregates, analyzes, and synthesizes risk information from compliance testing, audit findings, operational incidents, fiduciary reviews, exception reporting, watchlists, vendor reviews, legal and regulatory developments, and management reporting to identify themes, root causes, emerging risks, and control implications supporting a comprehensive, enterprise-level view of WMAS risk.
• Prepares and presents consolidated risk reports, dashboards, committee materials, meeting agendas, minutes, management action updates, and follow-up tracking for WMAS management, executive leadership, risk committees, senior leadership, the Board, internal and external auditors, regulatory examiners, and corporate oversight functions.
• Provides management oversight, direction, prioritization, coaching, and review for the WMAS Compliance Officer and related analyst functions, including compliance monitoring activities, testing results, issue tracking, regulatory observations, training needs, management reporting, workload prioritization, and performance input.
• Owns and oversees the WMAS enterprise risk issue tracking framework, including aggregation of open risk issues, audit findings, examination findings, supervisory recommendations, management action plans, remediation activities, validation evidence, closure documentation, owner accountability, target dates, status reporting, aging, and escalation of overdue or high-risk matters.
• Distinguishes between day-to-day control-level compliance work performed by assigned compliance and analyst resources and management-level oversight performed by this role to ensure clear accountability, appropriate escalation, and effective coordination across WMAS risk and compliance activities.
• Escalates significant, overdue, recurring, or high-risk matters to the Chief Fiduciary Officer, WMAS leadership, applicable committees, and corporate oversight partners, as appropriate.
• Leads audit and examination readiness coordination for WMAS by organizing risk-related documentation, evidence gathering, consolidated management responses, remediation status reporting, issue validation, leadership updates, examiner‑ready materials, and follow‑up activities.
• Serves as a senior WMAS liaison with Corporate Risk, Corporate Compliance, Legal, Internal Audit, Operations, Investments, Fiduciary Administration, and other internal stakeholders to identify, evaluate, prioritize, escalation, and resolve fiduciary, operational, compliance, regulatory, audit, and control matters impacting WMAS.
• Supports WMAS vendor and third‑party risk oversight by assisting with due diligence, issue escalation, contract and control monitoring, documentation, and coordination with enterprise vendor management resources.
• Recommends and helps drive process, control, policy, procedure, reporting, training, issue management, and governance improvements designed to strengthen the WMAS fiduciary, risk, compliance and control environment.
• Establishes and maintains regular communication with WMAS employees, outsource partners, and corporate oversight functions to obtain information needed to support an effective risk management program.
• Obtains and maintains professional certification and expertise through participation in continuing education and attendance at meetings of professional organizations, conferences, seminars, etc. on topics related to fiduciary risk management, operational risk, audit and examination readiness, regulatory expectations, governance, and internal controls.
• Performs or assists with special projects as needed.
• Supervises, mentors, and provides management guidance, direction,…