Risk Management Manager

stbancorp; North Shore (VA); On-site; USD 110,000 - 150,000; Full time

Job summary

S&T Bank is seeking an experienced risk management professional to lead and mature its Enterprise Risk Management (ERM) programs. The role focuses on governance, policy oversight, and cross-functional coordination with internal audit and regulators.

The candidate will support strategic planning from a risk perspective, coordinate ERM materials for board oversight, and drive the advancement of risk-management practices across risk programs, ensuring regulatory alignment and timely reporting.

Qualifications

• ERM program design, implementation and governance experience.
• Ability to challenge and enhance risk management methodologies.
• Experience coordinating materials for ERM updates and board reporting.

Responsibilities

• Manage the design, implementation, and ongoing maturity of Enterprise Risk Management Programs.
• Review and enhance risk management methodologies for consistency with ERM framework.
• Coordinate and review ERM and Board Risk Committee materials.
• Support risk perspectives in strategic planning and PMO processes.
• Oversee risk management projects and regulatory alignment.
• Advance knowledge of applicable laws, regulations, policies, and procedures.
• Oversee development of tools to analyze, monitor, and report risk within the ERM framework.
• Assist in preparing quarterly ERM reports to the Risk Committee.

Job description

Location

800 Philadelphia Street
Indiana, PA 15701

or

358 N Shore Drive
Pittsburgh, PA 15212

Hours

Monday - Friday: 8:00AM-5:00PM

(Additional hours as necessary to meet the objectives of the department)

Function

Responsible for management of activities necessary to identify, evaluate, mitigate, and monitor risks across S&T Bank. Activities will include the Enterprise Risk Management framework and programs developed and maintained in the Risk Management Department. Programs may include Enterprise Risk Management and Governance activities, inclusive of Issues Management, Risk Appetite, strategic objectives/Top and Emerging Risks, Committee and Corporate Policy oversight, and other programs as directed by senior-level risk management personnel. Programs may also include functioning as a department liaison to internal/external auditors and regulatory examiners.

Duties and Responsibilities

• Enterprise Risk Management Program and Governance Manage the design, implementation, and ongoing maturity of Enterprise Risk Management Programs, including the identification and build of additional programs and practices to enhance and mature the existing framework.


• Reviews, challenges, and suggests enhancements to risk management methodologies to drive consistency with Enterprise Risk Management framework and supports a consistent approach in analyzing, reporting, and governing risks across risk programs.


• Responsible for coordination, maintenance, preparation, collation, and review of Enterprise Risk Management and Board Risk Committee materials for areas under the purview of the CRO, including the Enterprise Risk Management update and action plans.


• Supports Director, Risk Management participation in S&T's Strategic Planning and PMO processes from a risk perspective, and other activities as necessary to identify and monitor risk across the organization.


• Assumes responsibility for management of projects as assigned, the results of which may entail a high level of importance relative to effective risk management oversight or meeting regulatory expectations.


• Continue to advance knowledge, understanding and use of relevant laws, regulations, policies, and procedures that apply to job function.


• Applies best practice and regulatory knowledge to oversee design and implementation of tools and procedures used to analyze, monitor, and report risk according to the enterprise risk management framework and program guidelines.


• Supports preparation of quarterly ERM Report to the Risk Committee of the Board of Directors including a summary narrative of any changes in S&T's risk profile and/or risk categories; Key Risk Indicators, tolerances, trends including current and emerging; and Management Action Plans.


• Supports the Director of Risk Management with oversight of the management committee hierarchy and associated charters to confirm alignment with regulatory guidance and expectations, as well as ensuring adherence to ERM committee governance procedures and practices. Represents Enterprise Risk lens in various management committees and working groups to drive understanding and collaboration across risk disciplines and the line of business.


• Supports the Director of Risk Management with preparation and understanding of material associated with Risk Management's membership on various management committees.

Centralized Issues Management (CIM) Program

Administers the Centralized Issues Management (CIM) program end-to-end, including:

• Leading system development and enhancements with information technology


• Providing user support, training, and guidance


• Producing reporting for executive and committee visibility


• Performing monitoring to ensure accountability for timely resolution of issues


• and Managing and maintaining CIM access, according to internal access management policy

Corporate Policy and Procedure Framework

Oversees timely administration of Policy Framework activities, including managing annual and off-cycle updates, ensuring all required approvals are received.

Coordinates with Office of the Corporate Secretary to ensure that all Board or Board Committee policies are added to the appropriate agendas.

Reviews and makes recommendations to Risk Management Leadership and coordinates second line review of new or amended S&T policies for applicability and appropriateness of content, inclusive of ensuring compliance with regulatory guidance and expectations.

Performs the Risk Management Department's control over S&T policy documentation to ensure the integrity, accuracy and appropriate archival of information related to policy governance.

New, Expanded, and Modified Products & Services (NEMPS) Risk Management

• Defines criteria to identify NEMPS and reviews initiative business cases to ensure all NEMPS are properly identified


• Maintains New, Expanded, and Modified Products & Services (NEMPS) methodology, in conjunction with PMO.


• Manages coordination and oversight of Significant Initiatives Review Committee (SIRC) activitie