AVP / VP, Risk and Control Self-Assessment (RCSA)

Office Status: Hybrid

Salary: $65,000 – $230,000

Responsibilities:

• Support the bank-wide coordination of the RCSA process in close collaboration with front line units to ensure consistency with sound risk management standards and internal policy and procedures
• Execute the following operational risk management activities: risk and control assessments, process library management, risk and controls taxonomy, controls testing, issues management, risk analytics
• Maintain all associated process documentation, risk taxonomies, policies and procedures
• Execute testing and quality assurance programs
• Ensure effective implementations of the Bank’s operational risk management programs through training, awareness and monitoring
• Promote sound operational risk management culture across the Bank by supporting and providing oversight to the first line of defense through various operational risk management programs
• Review and challenge risk assessments conducted by the first and second lines of defense
• Develop a timely and efficient remediation plan for operational risk management framework issues, and oversee the implementation of rectification
• Prepare material for regulatory examination, including OCC examination, internal and external audits
• Support management reporting, including all ad-hoc tasks as they arise