AVP, First Line Risk Officer (hybrid) NY/NJ - Commercial Real Estate

First Citizens Bank; New York, Cary (NY, NC); Hybrid; USD 100,000 - 130,000; Full time

Job summary

An established industry player is seeking a skilled AVP, Business Process Analyst to enhance their Commercial Finance Division. This hybrid role involves collaborating with senior management to implement effective risk management strategies while ensuring compliance with regulatory standards. The ideal candidate will leverage their expertise in operational and strategic risk management to drive initiatives that safeguard the organization’s interests. Join a dynamic team where your contributions will directly impact the success of the business and help shape a robust risk culture. This is an exciting opportunity to advance your career in a supportive environment focused on growth and excellence.

Qualifications

• 2 years of risk management experience or 6 years with a diploma.
• Experience in operational, strategic, and reputational risk management.

Responsibilities

• Implement risk management strategies and ensure compliance.
• Support risk governance meetings and documentation activities.

Skills

Risk Management

Regulatory Compliance

Operational Risk

Strategic Risk

Audit Management

Education

Bachelor's Degree

High School Diploma/GED

Job description

Overview

This is a hybrid role with regular work inside and outside of a company office located in New York or New Jersey.

The AVP, Business Process Analyst, will serve as a business & operations subject matter expert (SME) for the Commercial Finance Division within FCB's Commercial Bank. The individual will be accountable for driving the implementation and execution of First Line of Defense Business (FLOD) processes, ensuring operational controls meet risk and regulatory obligations. They will support Commercial Finance teams with risk and control activities, including Risk and Control Self-Assessment (RCSA), issue & audit management, and compliance testing.

Responsibilities

1. FLOD Risk Strategic Activities: Collaborate with the Sr. Business Process Risk Manager (BPRM) and Chief Underwriting Officer (CUO) to implement risk management strategies, ensuring key risks are managed and aligned with business and strategic plans. Review risk program outputs for regulatory compliance.
2. FLOD Risk Program Implementation: Support the implementation and maintenance of risk management frameworks, policies, and procedures. Maintain knowledge of business operations, risks, controls, laws, and regulations. Participate in risk training and educate associates on risk topics. Ensure risks are identified, escalated, and mitigated timely. Coordinate with Compliance and 2LOD functions for alignment.
3. FLOD Risk Governance & Reporting: Assist in preparing and coordinating risk governance meetings and forums. Support documentation, reporting, and follow-up activities. Help implement policies, standards, and procedures, and monitor Risk Limits incorporation into processes.
4. Internal Assurance & Regulatory Engagement: Assist with preparations for external examinations and internal audits, providing necessary materials.

Qualifications

Education & Experience:

• Bachelor's Degree and 2 years of risk management experience OR High School Diploma/GED and 6 years of risk management experience.

Preferred Skills:

• 3+ years operational, strategic, and reputational risk management at a financial institution.
• Experience with Commercial Real Estate departments.
• Identifying reputational, strategic, compliance, technology, and operational risks.
• Assessing controls and recommending improvements.
• Developing and presenting to senior leadership or committees.

Compensation & Benefits:

The base pay in NY/NJ ranges from $100,000 to $130,000, depending on skills and experience. Total compensation may include bonuses and benefits. For more info, visit https://jobs.firstcitizens.com/benefits.