Sr Business Risk Process Manager

First Citizens Bank; Minneapolis (MN); Remote; USD 122,000 - 164,000; Full time

Job summary

A leading bank is seeking a Senior Business Risk Process Manager to oversee the First Line Monitoring Program within the Loan Administration team. This remote role requires strong expertise in commercial lending and risk management, aiming to enhance business processes and cultivate a risk-aware culture. The successful candidate will lead high-visibility initiatives, collaborate with various teams, and support senior leadership in risk governance.

Benefits

Comprehensive benefits program

Qualifications

• 6 years of experience in Commercial Lending, Enterprise Risk, or similar fields.
• Strong knowledge of laws and regulations for large financial institutions.
• Experience in building and leading risk teams.

Responsibilities

• Implement the First Line Monitoring Program focusing on commercial lending processes.
• Support business leadership during regulatory exams and audits.
• Drive effective change management communication among stakeholders.

Skills

Risk Management

Change Management

Project Management

Communication

Education

Bachelor's Degree

High School or GED

Job description

Overview

This is a remote role that may only be hired in the following location(s): Phoenix, Minnesota, Charlotte, Raleigh, and Denver.

Our Loan Administration team is looking to hire a Senior Business Risk Process Manager supporting the SVB Commercial Division. This position is an individual contributor and will report directly to the Director, Business Risk Process Management within the Loan Administration organization, with a dotted line reporting to the Business Risk & Controls Office.

This position will be responsible for the development and execution of first-line risk programs, primarily focusing on the design and implementation of a newly created First Line Monitoring Program with an initial emphasis on Commercial Lending and Loan Closing processes. Successful implementation will involve collaboration with the Business Risk & Controls office and Credit Administration to identify and communicate results to Senior Leadership.

The role includes consulting with, educating, and supporting the execution of first-line risk programs, fostering an environment of risk awareness and ownership across the bank, while adhering to the company's risk appetite and corporate strategy.

This is a prominent role within SVB, serving as a subject matter expert on commercial banking processes to drive accountability and risk ownership within the Commercial Division. The ideal candidate will promote awareness, enhance business processes, and cultivate a risk-aware culture throughout the organization.

The candidate will support the development and implementation of the First Line Monitoring Program and lead high-visibility issue remediation initiatives, requiring excellent change and project management skills. Connecting related teams and workflows will be essential for success.

Responsibilities

• Implement the First Line Monitoring Program focusing on commercial lending credit approval and loan closing processes, including review of Associate workpapers.
• Support business leadership during 2nd LOD, 3rd LOD, and external regulatory exams and audits, including managing remediation projects.
• Participate in relevant risk governance meetings, communicating findings from the First Line Monitoring Program.
• Drive effective change management communication among 1st LOD stakeholders.
• Proactively identify opportunities to improve and strengthen the control environment through actionable insights.
• Maintain a proactive, transparent communication approach regarding issues and requests.

Qualifications

Bachelor's Degree with 6 years of experience in Commercial Lending, Enterprise Risk, Credit Review, Control Testing supporting Commercial Lending, Business Risk Process Management, or similar fields. Alternatively, High School or GED with 10 years of relevant experience.

Preferred qualifications include:

• Strong knowledge of applicable laws, rules, regulations, supervisory guidance, and expectations for large financial institutions (LFIs).
• Experience developing presentations and presenting to Senior Leadership.
• Understanding of business strategy, critical success factors, risk profile, and potential exposures.
• Experience in building and leading risk teams.
• Proven ability to implement change and persuade stakeholders thoughtfully.

This job posting is active for 5 days from the initial date. Extensions may occur if necessary. The posting may be removed early due to business needs or high application volume.

For Denver, the base pay range is generally $122,804 - $163,739 annually, based on experience. Actual pay will depend on skills, experience, location, and other factors. Total compensation may include bonuses, benefits, and other awards.

First Citizens offers a comprehensive benefits program, details available here: https://jobs.firstcitizens.com/benefits.com