First Citizens Bank
Senior Business Risk & Controls Advisor - Wealth
First Citizens Bank, Charlotte, North Carolina, United States, 28245
Overview
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. This role will be located in Raleigh, Charlotte, NC, or Phoenix, AZ. Responsibilities
Risk Strategic Activities - Work with the Business Risk & Controls leader and senior management to oversee risk management strategies ensuring key risks are appropriately managed and aligned. Provide BU risk considerations for business/strategic plans. Review and challenge risk programs outputs to ensure bank, framework, and regulatory alignment. Business Risk Management Support - Execute and implement policies, standards, and procedures with BU associates in alignment with the risk management framework. Identify risks & control gaps, lead tracking and resolution of issues with timely escalation and remediation. Collaborate with BU and stakeholders to develop action plans and mitigation strategies. Monitor the status and effectiveness of remediation efforts and report to senior management. Coordinate with Compliance and 2nd/3rd lines of defense to ensure alignment with governance objectives. Maintain understanding of the business environment and assess regulatory changes, market disruptions, or strategic shifts. Regulatory and Internal Audit Engagement - Participate in regulatory inquiries, examinations, and audits with internal stakeholders. Support regulatory submissions, responses, and reporting; drive accuracy and timely submission. Monitor regulatory developments and assess potential impact on risk profile and compliance. Risk Governance & Reporting - Develop BU risk reports; monitor risk and control performance. Manage and summarize top and emerging risks and actions. Report key indicators to ensure escalation of breaches per the Risk Appetite Framework. Advise BU senior leadership in governance meetings and contribute to governance documents. Implement program policies, standards, and procedures and communicate current and emerging issues and regulatory requirements. Qualifications
Bachelor's Degree and 8 years of experience in Financial Services, First Line Risk Management, Enterprise Risk, or Operational Risk, OR High School Diploma or GED and 12 years of experience in Financial Services, First Line Risk Management, Enterprise Risk, or Operational Risk Preferred Qualifications
Advanced Degree Experience in wealth management, private banking, or capital management Experience with RCSA and issue management processes Knowledge of risk techniques, practices, and control frameworks Knowledge of banking and government regulatory requirements and processes Knowledge of regulatory guidance pertaining to enterprise and operational risk Ability to work effectively with associates, senior management, and committees Benefits
Benefits are an integral part of total rewards. First Citizens Bank is committed to providing a competitive benefits program. More information at the company benefits site. Details
Seniority level: Not Applicable Employment type: Full-time Job function: Accounting/Auditing and Finance Industries: Banking and Financial Services
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This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. This role will be located in Raleigh, Charlotte, NC, or Phoenix, AZ. Responsibilities
Risk Strategic Activities - Work with the Business Risk & Controls leader and senior management to oversee risk management strategies ensuring key risks are appropriately managed and aligned. Provide BU risk considerations for business/strategic plans. Review and challenge risk programs outputs to ensure bank, framework, and regulatory alignment. Business Risk Management Support - Execute and implement policies, standards, and procedures with BU associates in alignment with the risk management framework. Identify risks & control gaps, lead tracking and resolution of issues with timely escalation and remediation. Collaborate with BU and stakeholders to develop action plans and mitigation strategies. Monitor the status and effectiveness of remediation efforts and report to senior management. Coordinate with Compliance and 2nd/3rd lines of defense to ensure alignment with governance objectives. Maintain understanding of the business environment and assess regulatory changes, market disruptions, or strategic shifts. Regulatory and Internal Audit Engagement - Participate in regulatory inquiries, examinations, and audits with internal stakeholders. Support regulatory submissions, responses, and reporting; drive accuracy and timely submission. Monitor regulatory developments and assess potential impact on risk profile and compliance. Risk Governance & Reporting - Develop BU risk reports; monitor risk and control performance. Manage and summarize top and emerging risks and actions. Report key indicators to ensure escalation of breaches per the Risk Appetite Framework. Advise BU senior leadership in governance meetings and contribute to governance documents. Implement program policies, standards, and procedures and communicate current and emerging issues and regulatory requirements. Qualifications
Bachelor's Degree and 8 years of experience in Financial Services, First Line Risk Management, Enterprise Risk, or Operational Risk, OR High School Diploma or GED and 12 years of experience in Financial Services, First Line Risk Management, Enterprise Risk, or Operational Risk Preferred Qualifications
Advanced Degree Experience in wealth management, private banking, or capital management Experience with RCSA and issue management processes Knowledge of risk techniques, practices, and control frameworks Knowledge of banking and government regulatory requirements and processes Knowledge of regulatory guidance pertaining to enterprise and operational risk Ability to work effectively with associates, senior management, and committees Benefits
Benefits are an integral part of total rewards. First Citizens Bank is committed to providing a competitive benefits program. More information at the company benefits site. Details
Seniority level: Not Applicable Employment type: Full-time Job function: Accounting/Auditing and Finance Industries: Banking and Financial Services
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