Sr Business Risk Process Manager

First Citizens Bank; Raleigh (NC); Remote; USD 122,000 - 164,000; Full time

Job summary

A leading bank is seeking a Senior Business Risk Process Manager to enhance risk management within the Loan Administration team. This remote role involves implementing the First Line Monitoring Program, collaborating with various teams, and fostering a risk-aware culture. The ideal candidate will possess strong project management skills and a deep understanding of commercial banking processes.

Qualifications

• Minimum 6 years in Commercial Lending or similar; or 10 years relevant experience.
• Strong knowledge of laws and regulations for financial institutions.
• Experience in developing presentations for Senior Leadership.

Responsibilities

• Implement the First Line Monitoring Program focusing on commercial lending processes.
• Support leadership during audits and manage remediation projects.
• Drive change management communication among stakeholders.

Skills

Risk Management

Project Management

Change Management

Communication

Education

Bachelor's Degree

High School/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, promoting risk awareness and ownership across the bank while adhering to the company's risk appetite and strategy.

This is a prominent role within SVB, serving as a subject matter expert on commercial banking processes to drive accountability and risk ownership in the Commercial Division. The ideal candidate will foster awareness, process improvement, accountability, and 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 crucial for success.

Responsibilities

• Implement the First Line Monitoring Program, focusing on commercial lending credit approval and loan closing processes, including reviewing associate workpapers.
• Support business leadership during 2nd and 3rd Line of Defense (LOD) and external audits, managing remediation projects.
• Participate in 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 the control environment through actionable insights.
• Communicate issues and requests proactively, maintaining a 'no surprises' approach.

Qualifications

Minimum: Bachelor's Degree with 6 years of experience in Commercial Lending, Enterprise Risk, Credit Review, Control Testing supporting Commercial Lending, or similar; or High School/GED with 10 years of relevant experience.

Preferred:

• Strong knowledge of applicable laws, regulations, supervisory guidance, and expectations for large financial institutions.
• Experience developing presentations and presenting to Senior Leadership.
• Understanding of business strategy, risk factors, and exposures.
• Experience building and leading risk teams.
• Proven track record of implementing change and persuading stakeholders.

This posting remains active for 5 days from the initial posting date. Extensions may occur if necessary. Early removal is possible due to business needs or high application volume.

For Denver, the salary range is generally $122,804 - $163,739 annually, based on experience. Total compensation may include bonuses, benefits, and other incentives as outlined in the employment offer.

First Citizens offers a comprehensive benefits package, available for review at https://jobs.firstcitizens.com/benefits.com.