Company

Atlantic Union BankSee more

addressAddressGlen Allen, VA
type Form of workFull-Time
CategoryInformation Technology

Job description

The Senior Risk Advisory Officer is responsible for conducting independent effective challenge activities for a variety of risk stripes and related risk management practices within the Second Line of Defense's Risk Advisory Team. The Risk Advisory Team monitors and challenges actual and projected risk positions throughout the consolidated organization. The team works to continually fortify Atlantic Union's risk management program and actively promotes a risk-aware culture. Operating with agility, resilience, and foresight, the Senior Risk Advisory Officer strives to minimalize residual risks posed to the Bank and provide risk insights to senior leaders for balanced business decisions.
Position Accountabilities

  • Complete effective challenge assignments in areas including credit, liquidity, market, technology, third party, operational, and legal risk management.
  • Analyze and provide Second Line views of key organizational plans, stress tests, and contingency plans, as needed.
  • Assess the integrity of risk measurement techniques used to monitor the consolidated organization's risk profile relative to the Board's risk appetite.
  • Evaluate risk events and contributes to root cause analyses and process improvement recommendations, escalating concerns to senior leaders, as pertinent.
  • Collaborate with First and Second Line of Defense teammates to develop, implement, monitor, and refine risk frameworks, policies, standards, and practices as part of the broader Enterprise Risk Management (ERM) program.
  • Engage in research, peer networking, and leverage experience to anticipate critical risk issues impacting the LOBs.
  • Build relationships and provide Second Line of Defense risk insights to aid in management's strategic business decisions.
  • Present to Board Risk Committee, LOB and Risk Management executives, and senior management as necessary.
  • May participate or lead committees to working groups formed to manage escalations of risk issues.
  • Partner closely with management on the development of key risk metrics, process controls, new products, change controls, business cases, risk assessments, policies & procedures, incentive plans, and LOB risk profile. Ensure appropriate coverage of controls and KRI's for business risk taking activities.
  • Work closely with business area and function leaders, internal audit, and compliance and other Second Line of Defense functions to enhance control and monitoring programs.
  • Collaborate to implement an integrated risk management framework, as a key component of the Enterprise Risk Management (ERM) Program.
  • Mentor and assist with training other members of the Risk Advisory Team.
  • Complete necessary training to stay current on risk and risk management practices, including regulatory guidance.
  • Prepare and present training on risks and risk management practices to other teammates in the Bank.

Organizational Relationship
  • Internal - Extensive contact with senior and executive management from all business lines and risk areas, Board Risk Committee, Legal, Compliance, and Audit personnel.
  • External - Occasional contact with regulatory agencies regarding policies and procedures, banking regulations and related issues. Contact with third party vendors in conjunction with reporting and/or other projects.
  • Reports To - Director -Risk Management Programs

Position Qualifications
Education & Experience
  • Bachelor's degree in Business, a related field, or equivalent business knowledge through experience.
  • 7+ years of risk management, auditing, regulatory examination, project management or related experience; preferably in banking or financial services.

Knowledge & Skills
  • Significant experience in risk management with evidence in supporting the building of risk and control programs within banking organizations.
  • Deep understanding and experience in assessing and analyzing risk within a complex enterprise.
  • Ability to think strategically and make sound and pragmatic decisions, under the purview of multiple stakeholders, were limited or conflicting information is present.
  • Ability to credibly challenge activities and risks associates with multiple risk areas.
  • Demonstrated leadership strengths, including process improvement capabilities and the ability to influence change.
  • Advanced communications skills, written and verbal, interpersonal and negotiating skills with ability to prepare and present technical presentations and guide internal customers.
  • Understanding of applicable regulatory requirements and expectations (FRB, OCC, CFPB and state agencies) desired.
  • Advanced PC skills including word processing, spreadsheet and database applications. Experience with GRC applications preferred.

Salary offered will be based on several factors including but not limited to education, work experience, certifications, etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program. General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits.
We are proud to be an EEO/AA /Minority/Female/Disability/Veteran employer. We maintain a drug-free workplace.
Refer code: 7303218. Atlantic Union Bank - The previous day - 2023-12-19 05:25

Atlantic Union Bank

Glen Allen, VA
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