ERM First Line Risk Oversight Program Director
Company: First Citizens Bank
Location: Wendell
Posted on: May 7, 2024
Job Description:
Overview: First Line Risk Oversight Program Aligned to FCB's
Enterprise Risk Management function, the First Line Risk Management
(FRM) Program Oversight Program team is specifically responsible
for the oversight of First Citizens' FRM Program, including
oversight for the implementation of risk management programs,
processes and activities across all FCB's first line business
units. The Role The FRM Program Oversight Director proactively
monitors program implementation across first line business units
and counsels first line business unit leaders on the alignment of
appropriately skilled first line risk resources and successful
implementation of the FRM Program. The successful candidate will
work collaboratively with leaders of business units and functional
areas across FCB, ensuring effective communication and strong
cooperation between the first line business units and independent
risk management functions at FCB. Accordingly, critical success
factors will include the ability to develop partnerships with many
business unit and functional areas, provide insight into the risk
environment and identify developments that may present
opportunities or reflect gaps in the first line risk management
execution/direction. The Candidate Leadership, integrity, and
credibility will be determining factors in selection. Successful
candidates will be articulate and possess a demonstrated leadership
capability; they will be impressive in their inter-personal
effectiveness and with regard to their accomplishments. It requires
a leader with strong relationship management, influencing, vision
and execution skills. A key differentiator will be the ability to
understand and operate successfully in a complex corporate
environment. The role requires a sense of urgency, passion for
results, and personal accountability for achievement. As a Manager,
you are expected to achieve success by leading yourself and your
team. Specifically you will:
- Lead your team with integrity and create an environment where
your employees feel included, valued, and supported to do work that
energizes them.
- Accomplish management responsibilities which include sourcing
and hiring talented employees, providing ongoing coaching and
feedback, recognizing and developing employees, identifying and
managing risks, and completing daily management tasks.
Responsibilities:
- Proactively monitor the broader business and risk environment
(internal and external to FCB) to determine potential impacts on
the FRM Program and implement necessary enhancements.
- Provide proactive strategic leadership to first line business
unit leaders, FRM group managers, and 2 nd line stakeholders to
ensure that the first line business units are appropriately staffed
with capacity and skills to properly manage risk consistent with
the enterprise risk management framework and within risk
appetite.
- Monitor FRM groups and provide feedback to business unit
leadership and FRM group managers on the performance of FRM groups
against the key objectives and program elements described in the
FRM Standards and other risk related activities .
- Provide timely communication and strong cooperation between
business unit leaders, FRM groups and independent risk management
functions
- Establish and maintain FRM Program effectiveness reporting that
enables accountable owners in the first and second lines to
successfully drive their risk management discipline
- Champion a culture of empowerment and accountability throughout
the FRM groups and FRM Program Oversight function, focused on
understanding risks and mitigation strategies, and ownership of
problem resolution in partnership with aligned business unit
leaders
- Build a high performing FRM Program Oversight team and ensure
proper staffing and expertise exists to build capabilities and
processes to meet heightened risk management expectations
Qualifications:
Bachelor's Degree and 10 years of
experience in Enterprise Risk or Operational Risk and Project
Management or Consulting (internal or external) OR High School
Diploma or GED and 14 years of experience in Enterprise Risk or
Operational Risk and Project Management or Consulting (internal or
external) Desired Qualifications:
- Meaningful knowledge across enterprise risk management
framework, including: risk identification, risk appetite and
strategy, risk-related decisions, processes and controls, risk
analytics and governance.
- Understanding of best-practice risk management techniques
across financial services industry.
- Strong interpersonal, influencing, and communications skills
with an ability to interact effectively with stakeholders and the
ability to effectively manage and build relationships within first
line business units and independent risk management functions.
- Proven leadership and project management skills to drive
alignment across stakeholder groups to develop and deliver
repeatable end to end risk management solutions.
- Deep understanding of risk framework, corporate/business
policies, and programs that impact the business, function and/or
risk type.
- Demonstrated leadership ability that embodies FCB's Behavioral
True North and leadership competencies.
- Ethical integrity and demonstrated ability to assess and
determine when to raise concerns and escalate.
- Proven ability to build and lead high performing individuals,
ensure proper staffing and expertise exists, and can coach and
enable individuals in risk management.
- Strong analytical ability used to identify risks and
confidently raise issues, escalate early and engage in constructive
credible challenge and will do so independently when
- Proven ability to proactively manage and resolve conflict and
effectively defend decisions with objective rationale
Keywords: First Citizens Bank, Chapel Hill , ERM First Line Risk Oversight Program Director, Executive , Wendell, North Carolina
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