First-Line Deposits Risk & Controls Manager

Associated Bank; Milwaukee (WI); On-site; USD 99,000 - 169,000; Full time

Benefits offered by this job

Retirement savings including 401(k)

Pension plans

Paid time off to volunteer

Colleague Resource Groups

Competitive salaries with development

Well-being programs and incentives

Parental leave

Employee stock purchase plan

Military benefits

Personal banking, loan, investment and

insurance benefits

Job summary

Associated Bank in Milwaukee, WI is seeking a Manager of First Line Risk Deposits to lead risk and control routines for deposit products and services, supporting the Risk and Control Self-Assessment (RCSA), issue management, and deposit-related reviews.

You will work with Deposit Operations, Compliance and Business Risk to ensure risk mitigation, participate in audits and regulatory reviews, and promote risk awareness across the line.

Qualifications

• Bachelor's Degree or equivalent combination of education and experience.
• 6+ years of experience in commercial banking, risk/control functions, or deposit operations.

Responsibilities

• Coordinate and maintain the Risk and Control Self-Assessment (RCSA) program for deposit products, ensuring accurate documentation of risks and controls.
• Support the review and resolution of deposit-related issues, customer complaints, and audit/exam findings to improve operational controls.
• Collaborate with first line leaders and operational teams to execute controls and track control effectiveness within deposit processes.
• Partner with Compliance and Operational Risk to assess regulatory changes and implement updates to deposit risk procedures as needed.
• Assist with initiative risk assessments to evaluate impact on deposit-related risks and controls.
• Support risk reporting and documentation related to complaints, losses, KRIs, and control test results for deposit functions.
• Engage with business line contacts to promote risk awareness and ensure alignment with enterprise risk frameworks.
• Contribute to internal readiness for audits and regulatory reviews specific to deposit operations.

Skills

Risk management

Regulatory compliance

Communication

Education

Bachelor's degree or equivalent

Job description

Associated Bank in Milwaukee, WI is seeking a Manager of First Line Risk Deposits to lead risk and control routines for deposit products and services, supporting the Risk and Control Self-Assessment (RCSA), issue management, and deposit-related reviews.

You will work with Deposit Operations, Compliance and Business Risk to ensure risk mitigation, participate in audits and regulatory reviews, and promote risk awareness across the line.