Risk Officer II - Regulatory Relations (Commercial Credit) - Remote

First Citizens; Raleigh (NC); Remote; USD 75,000 - 115,000; Full time

Job summary

An established industry player is seeking a skilled professional for a critical role in risk oversight and management. This position involves assessing and monitoring risks, providing leadership and consultation on risk management practices, and developing collaborative partnerships across various departments. The ideal candidate will possess a strong background in Financial Services and Risk Management, along with the ability to communicate effectively with stakeholders. Join a dynamic team committed to enhancing the Bank's Risk Management Framework and ensuring compliance with industry standards. This role offers an exciting opportunity to make a significant impact in a supportive and engaging environment.

Qualifications

• Bachelor's Degree with 6 years or High School Diploma with 10 years in relevant fields.
• Strong knowledge of risk management techniques and practices.

Responsibilities

• Oversee risks and provide leadership in risk management practices.
• Support business programs and facilitate collaboration across departments.
• Assist with internal audits and regulatory exams.

Skills

Governance Risk and Compliance applications

Risk techniques and practices

Education

Bachelor's Degree in Financial Services or related field

High School Diploma or GED with extensive experience

Advanced Degree (preferred)

Job description

Overview

This Second Line of Defense role is responsible for assessment and oversight of risks taken by the Bank at an advanced level of ability. 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. Provides leadership, consultation, and support for risk management techniques, practices, and procedures that protect the Bank from loss or exposure. 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. Maintains a strong knowledge of new or emerging risk management techniques and trends 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. May provide guidance to less experienced associates in the department.

Responsibilities

1. Risk Oversight & Monitoring - Provides objective oversight of risks through effective challenge using defined methodologies and subject matter expertise. Provides leadership, consultation, and support for risk management. Fosters business unit relationships and implements training to promote engagement in risk management programs, including compliance with all risk policies and standards. May assist with presentations, workshops, and other materials as necessary to communicate risk management tactics. May provide guidance to less experienced associates in the department.
2. Risk Management Proficiency - Maintains a strong knowledge of risk management developments or changes within the organization, industry, and market. Develops active relationships within professional networks to stay current on emerging issues and regulatory requirements. Communicates risk vision and regulatory requirements to applicable stakeholders, including less experienced associates in the work group.
3. 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.
4. Exam Support - Assists with internal audits through partnership with both internal and external auditors. Works closely with regulatory agencies and assists regulatory exams. Ensures that all auditing or exam preparatory needs are met.

Qualifications

Bachelor's Degree and 6 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting OR High School Diploma or GED and 10 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting.

Preferred Education: Advanced Degree

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

License or Certification Type: null null

Skill(s): Experience working with Governance Risk and Compliance applications, Knowledge of risk techniques and practices.

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.