Erm Risk Consultant

The Enterprise Risk Management (ERM) Risk Consultant (“Program Manager”) will lead and manage the Issue Governance Program, Issue Management process, and ERM program management within the second line of defense, in coordination with the Director of ERM Operations, the Deputy Chief Risk Officer, Chief BSA Officer, and the Chief Risk Officer. The Issue Governance Program provides issue oversight through the issue management lifecycle, including sourcing, tracking, managing, reporting, escalation, and resolution. This individual will be responsible for developing and maintaining the Issue Governance Program (e.g., policy, standards, and procedures) commensurate with Choice Bank’s risk profile and risk appetite, along with developing, implementing, and enhancing risk frameworks and processes to identify, assess, monitor, and mitigate risks across the Bank. This individual will also oversee general coordination and alignment of initiatives and other activities across the enterprise risk and compliance organization, ensuring effective communication and coordination of program strategy across cross-functional risk and compliance teams.

Responsibilities

• Designs, implements, manages, and maintains the Issue Governance Program, Issue Management process, including governance framework, process documentation (e.g., policy, standards, and procedures), and strategy to align to Bank’s risk appetite, including ongoing refinement, maturity, and development of program.

• Builds relationships with key internal stakeholders to ensure Issue Governance Program is being used and adopted effectively across the organization.

• Coordinates and facilitates issue management reports to senior management and the Board.
• Develops metrics and mechanisms for monitoring, evaluating effectiveness, identifying deficiencies, and managing the Bank’s Issue Management processes.
• Facilitates the issue escalation process to ensure issues are addressed in line with the Issue Governance Program requirements.
• Coordinates and facilitates the inputting of an issue into the Bank’s issue repository.
• Collaborates with stakeholders to identify risk and compliance strategic initiatives, develop, and oversee the execution of detailed monitoring, including timelines and resource allocation.
• Oversee and report on the performance of risk and compliance initiatives. This involves setting objectives, defining milestones, and ensuring progress aligns with established timelines, as well as facilitating collaboration across teams and fostering transparency and clarity in communication with all stakeholders.
• Develop strategies to identify and mitigate risks across all areas of responsibility, ensuring compliance with industry standards, regulations, and internal policies.
• Coordinates and facilitates project activities and evaluates and implements ways to enhance overall project efficiency.
• Provides awareness and training to ensure stakeholders understand requirements of the programs and processes under management.
• Seeks feedback from stakeholders to identify opportunities for improvement to the programs, risk mitigation strategies, and the risk controls managed in this position.
• Assists or manages other risk programs, as assigned.

Experience

• Demonstrated ability to work independently and collaboratively, escalate items requiring attention, and proactive approach at problem solving and continuous improvement.
• Strong communication skills—both verbal and written
• Familiarity with the 3 Lines of Defense model.
• Experience using Governance, Risk, and Compliance (GRC) technologies.
• Experience with developing and leveraging risk controls, risk metrics, and key risk indicators (KRIs) that can be used to identify, assess, monitor, and mitigate risks to ensure alignment with a company’s risk appetite.
• Experience managing large and small projects with multiple stakeholders and levels of complexity.
• Knowledge of various project management methodologies (e.g., agile scrum, waterfall, hybrid).
• Experience developing and managing risk programs, policies, processes, and controls associated with financial industry legal, regulatory, risk, and compliance obligations.
• Strong knowledge of risk management principles, issue management, risk reporting, risk frameworks, and regulatory requirements.
• Experience in issue governance or issue management frameworks, process, and requirements.
• 5 year(s): Experience in Risk & Risk Program Management (e.g., Enterprise/Operational Risk, Governance, Compliance), 3+ years of project management experience. 3+ years of financial services industry experience.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)