Risk Officer I, Regulatory Reporting Oversight (Remote)

First Citizens; North Carolina; Remote; USD 80,000 - 115,000; Full time

Job summary

A prominent financial institution seeks a professional for a remote Second Line of Defense role in Risk Management. This position is pivotal for overseeing risk assessments, developing analyses, and maintaining strong partnerships across various stakeholders. Ideal candidates will possess a Bachelor's degree and relevant experience in risk management or related areas, supported by excellent communication and reporting skills.

Qualifications

• Experience in Financial Services, Risk Management, Compliance, or Audit.
• 4 years with Bachelor's or 8 years with GED in relevant fields.
• Strong knowledge of operational risk management.

Responsibilities

• Provides oversight of risks and facilitates risk assessments.
• Develops analyses to aid in identification and monitoring of risks.
• Supports business programs and facilitates reporting and collaboration.

Skills

Expert level report management skills

Regulatory reporting

Excellent communication skills

Expert level excel skills

Education

Bachelor's Degree in Financial Services or related field

High School Diploma or GED

Advanced Degree (Master's or PhD)

Tools

GRC management tool (Archer)

Axiom system

Job description

Overview

This is a remote role that may be hired in several markets across the United States.

This Second Line of Defense role is responsible for assessment and oversight of risks taken by the Bank. Oversees First Line of Defense activities through objective risk assessment, effective challenge, monitoring and reporting of the Bank's Risk Profile, including top and emerging risks. Facilitates the development of analyses and reports to support the appropriate identification, assessment, monitoring, and reporting of new or existing risks. Assists in the review and enhancement of internal controls. Consults on risk management techniques, practices, and procedures that protect the Bank from loss or exposure. Maintains a strong knowledge of new or emerging risk management methodologies through professional networking and industry involvement. Develops collaborative partnerships with internal departments, external auditors, regulatory agencies, and other stakeholders to support the company's Risk Management Framework.

Responsibilities

• Risk Oversight & Monitoring - Provides objective oversight of risks through effective challenge using defined methodologies and subject matter expertise. Facilitates the development of analyses and reports to support the appropriate identification, assessment, monitoring, and reporting of risk. Supports projects, including key risk management framework initiatives, that improve risk management capabilities. Assists in review and consultation to promote the enhancement of internal controls.
• Risk Management Proficiency - Maintains a strong knowledge of risk management developments or changes within the organization, industry, and broader external operating environment. Develops active relationships within professional networks to stay current on emerging issues and regulatory requirements.
• Business Support - Provides support for business programs, initiatives, and leaders. Serves as a consultant on risk best practices, processes, and regulatory requirements. Facilitates reporting and interdepartmental collaboration.
• Exam Support - Assists with internal audits through partnership with both internal and external auditors. Ensures that all auditing or exam preparatory needs are met.

Qualifications

Bachelor's Degree and 4 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting OR High School Diploma or GED and 8 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting

Preferred Qualifications:

- Advanced Degree (Master's OR PhD)

- Preferred Area of Experience: Enterprise Risk Management or Operational Risk Management

- Expert level report management skills

- Regulatory reporting experience at a Large Financial Institution

- Expert level excel and spreadsheet skills

- Adept in GRC management tool, Archer

- Proficient with Axiom system

- Excellent communication skills (verbal and written)

This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $80,000.00 and $115,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.