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The incumbent will be responsible for leading the Wholesale Payments (WP) Risk Management team in executing and overseeing the WP risk management, oversighting the front business units’ WP risk management. S/he will ensure the Bank’s risk exposure is within its risk appetite, and protect the Bank with safe and sound risk management. S/he will also train and manage the WP Risk Management team.
Job Responsibilities
_Include but are not limited to: _
Risk Governance and Program Execution
Administrator of the WP Risk Committee
Build strong WP risk management governance framework
Manage any internal audit and regulatory matters
Develop, execute and enhance of the Branch-wide WP risk management
Review, update and maintain all WP related policies and procedures
Execute WP risk management processes to identify, measure, monitor, manage and report risks
Ensure the effective implementation of the Branch’s WP risk management through training, awareness and monitoring
Promote sound WP risk culture across the Branch by supporting and providing oversight to the first line of defense through various WP risk management
Review and challenge WP risk assessments conducted by other departments
Develop WP risk reports, and provide recommendations to remediate identified deficiencies
Ensure a timely and efficient remediation plan is developed for WP risk management issues, and oversee the implementation of rectification
Implement and ensure execution of the exception management process
Risk Analysis and Reporting
Aggregate WP risk profile utilizing the appropriate methodology
Ensure ongoing communication of risk initiatives to the relevant committees
Management
Provide training, feedback and professional development opportunities to team members
Execute and ensure adherence to all policies and procedures impacting WP Risk Management
Ensure adherence to Branch policies and procedures
Support with the execution of department strategic objectives
Job Requirements
Bachelor’s degree is required
Minimum 10 years of work experience in banking and risk management is required
Minimum 5 years of work experience in Wholesale Payment Risk Management is required
Knowledge of OCC Heightened Standards is required
Knowledge of operational and/or enterprise and/or WP risk management concepts, framework, methods and practices
CFA/CPA/FRM/MBA/PMP certifications/degree is preferred but not required
Job Type: Full-time
Schedule:
8 hour shift
Work Location: One locationEstimated Salary: $20 to $28 per hour based on qualifications.
Job Responsibilities
_Include but are not limited to: _
Risk Governance and Program Execution
Administrator of the WP Risk Committee
Build strong WP risk management governance framework
Manage any internal audit and regulatory matters
Develop, execute and enhance of the Branch-wide WP risk management
Review, update and maintain all WP related policies and procedures
Execute WP risk management processes to identify, measure, monitor, manage and report risks
Ensure the effective implementation of the Branch’s WP risk management through training, awareness and monitoring
Promote sound WP risk culture across the Branch by supporting and providing oversight to the first line of defense through various WP risk management
Review and challenge WP risk assessments conducted by other departments
Develop WP risk reports, and provide recommendations to remediate identified deficiencies
Ensure a timely and efficient remediation plan is developed for WP risk management issues, and oversee the implementation of rectification
Implement and ensure execution of the exception management process
Risk Analysis and Reporting
Aggregate WP risk profile utilizing the appropriate methodology
Ensure ongoing communication of risk initiatives to the relevant committees
Management
Provide training, feedback and professional development opportunities to team members
Execute and ensure adherence to all policies and procedures impacting WP Risk Management
Ensure adherence to Branch policies and procedures
Support with the execution of department strategic objectives
Job Requirements
Bachelor’s degree is required
Minimum 10 years of work experience in banking and risk management is required
Minimum 5 years of work experience in Wholesale Payment Risk Management is required
Knowledge of OCC Heightened Standards is required
Knowledge of operational and/or enterprise and/or WP risk management concepts, framework, methods and practices
CFA/CPA/FRM/MBA/PMP certifications/degree is preferred but not required
Job Type: Full-time
Schedule:
8 hour shift
Work Location: One locationEstimated Salary: $20 to $28 per hour based on qualifications.
