ORMP Risk Officer I

Habitat For Humanity Of Durham; Raleigh (NC); On-site; USD 110,000 - 140,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401k plan

Paid time off

Job summary

Truist Financial Corporation is seeking an Operational Risk Management Programs Risk Officer I to develop, implement and execute core ORM programs. The role involves proactive risk management across cross-functional initiatives and extensive interaction with senior leadership.

The incumbent will lead policy deployment, training, monitoring and validation, while promoting risk awareness and ensuring regulatory alignment. Strong communication and stakeholder management are essential.

Qualifications

• Bachelor's degree or equivalent combination of education and experience.
• 7 years of banking or related management experience.
• Strong operational risk management knowledge, leadership and decision-making.
• Excellent interpersonal skills with the ability to develop and maintain collaborative relationships with multiple stakeholders.
• Strong verbal and written communication skills.
• Adept with Microsoft Office products.
• Knowledge of regulatory expectations related to operational risk scenario analysis and risk quantification.
• Experience facilitating scenario workshops across multiple business lines.

Responsibilities

• Provide guidance, subject matter expertise, and oversight on ORM programs to ensure proper risk identification, monitoring, reporting and mitigation.
• Implement ORM programs including policy, procedures, systems, training, monitoring and validation.
• Promote operational risk awareness throughout the organization via training activities.
• Assist in ensuring program components meet regulatory expectations and align with best practices.
• Develop and maintain effective working relationships with stakeholders across business units and second line functions.
• Stay abreast of risk management issues and incorporate new learnings into work processes.
• Identify opportunities to enhance scenario analysis methodologies, governance, tooling and data quality.
• Experience using external loss databases or benchmarking sources (e.g., ORX).

Skills

Operational risk management

Leadership

Communication skills

Interpersonal skills

Microsoft Office

Regulatory knowledge

Education

Bachelor's Degree

Tools

Archer or similar GRC platforms

Job description

Please review the following job description:

The Operational Risk Management Programs Risk Officer I is a subject matter expert responsible for the development, implementation and execution of core operational risk program(s) that identify, measure, monitor, assess, manage and report operational risks. This includes facilitating complex cross-functional initiatives that enable the proactive management of risks.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Provide guidance, subject matter expertise, and oversight on one or multiple ORM program(s) that ensure appropriate identification, assessment, monitoring, reporting, and mitigation operational risk at Truist.
2. Implement the ORM Program(s), including policy, procedures, systems, training, monitoring, and validation to oversee effective execution of the Operational Risk Management Program(s) across the Corporation
3. Promote operational risk awareness throughout the corporation by assisting with training activities.
4. Assist in ensuring program components meet regulatory expectations and are aligned with industry best practices.
5. Develop and maintain effective working relationships with stakeholders in all Business Units and second line functions
6. Stay abreast of emerging issues related to Risk Management, business process automation and design and other relevant disciplines and incorporate new learning into work processes.
7. Identify opportunities to enhance Scenario Analysis methodologies, governance, tooling, data quality, reporting, and integration with broader risk management programs.
8. Experience using external loss databases, consortium data, or industry benchmarking sources (e.g., ORX).

Qualifications

Required Qualifications

1. Bachelor's Degree or an equivalent combination of education and experience.
2. 7 years of banking or related management experience.
3. Possess and demonstrate strong operational risk management knowledge, leadership and decision-making skills.
4. Excellent interpersonal skills with the ability to develop and maintain collaborative relationships with multiple stakeholders, and interact effectively with all levels of management
5. Strong verbal and written communication skills, with the ability to present issues, observations, and recommendations
6. Adept with Microsoft Office products
7. Knowledge of regulatory expectations related to operational risk scenario analysis, stress testing, and risk quantification.
8. Experience facilitating scenario workshops across multiple business lines.

Preferred Qualifications

1. Master of Business Administration, Risk Management, or relevant Master's degree
2. Graduate of Leadership Development Program, Banking School, or equivalent industry training program
3. Experience with new Corporate operational risk programs or initiatives
4. Experience with Archer or similar GRC platforms.
5. Experience translating complex risk information into clear executive-level communications and presentations.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)