First Line Risk Manager

Description

As a part of our team, you’re made ready for a fulfilling career with exciting new challenges and opportunities to stretch yourself! As the First Line Risk Manager, you will represent the first line of defense and play a key role in identifying, managing, and mitigating the risk and compliance control environment. You will support the delivery of the monitoring and testing program for assigned products, processes, and services. Deliver control testing and continuous monitoring which are critical to determining control environment effectiveness in accordance to established timelines. Accountable for delivering on the monitoring and testing target state and responsible for providing guidance, recommending an assessment of the control’s performance, and supporting the first line units. You will provide comprehensive and detailed analysis explaining drivers in control trends over time and recommendations to the assessment method. You will maintain up-to-date understanding of business processes along with regulatory, statutory, and legislative requirements for risk management and controls. Most importantly, at Citizens we’re more than a bank and here you’ll experience new things, create new opportunities, think beyond your role and make an impact!

Primary responsibilities include

• Proactively reaches out to Business management, Business Unit Risk Management, Legal, and the larger Risk community to offer support and assistance in compliance related matters to ensure an open, adequate and effective risk management culture.
• Establishes and cultivates a strong working relationship with the respective Business Unit Risk Management teams to advance the culture and effectiveness of a synchronized approach to risk management in respect of current, new or emerging applicable banking law and regulation as well as internal corporate compliance policy and procedures.
• Deliver on the monitoring and testing roadmap to define the target state for risk monitoring and control testing. Through workshops, identify and implement continuous monitoring and risk-adjusted control testing. Increase the use of KRIs/KCIs, automated testing and data analytics to provide value and insight to key stakeholders.
• Execute the control monitoring and testing program for assigned products, processes, and services. Meet all established SLAs related to control self-testing and continuous monitoring. As a result of RCSA outcomes, make recommendations to existing risks/controls/control assessment method. Support exam management through delivery of control monitoring documentation and related analysis. Support risk issue closure. Maintain up-to-date understanding of business processes along with regulatory, statutory, and legislative requirements for risk management and controls.
• Provide comprehensive and detailed analysis explaining drivers in control trends over time and recommendations to the assessment method. Present analysis of testing and monitoring outcomes to key stakeholders.
• Perform ad hoc reporting, data analysis and data extractions for various analytic purposes such as trend analysis or response to management or regulatory requests.

Qualifications, Education, Certifications and/or Other Professional Credentials

• 5-7 years Risk Management Experience
• Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a wide variety of financial services products and services. 
• Knowledge of internal controls and risk assessment, as well as regulatory requirements
• Knowledge of banking products and operations, and key processes, controls, and exposure
• Experience delivering under tight deadlines while maintaining quality standards
• Ability to constructively work both independently and in collaborative environments involving all levels of management and employees 
• Understanding of the regulatory environment and how the risks of the products and services the bank offers are viewed by the Second Line of Defense and regulators. 
• Bachelor’s Degree OR at least 5 years of work experience. Bachelor's Degree: Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field or equivalent work experience. 

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: Monday-Friday

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens), provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability, or history or record of a disability, ethnicity, gender, gender identity or expression, transgendered and transitioning individuals, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.