Madison-Davis
EXTERNAL ROLE
Job Overview:
The incumbent will be responsible for managing the enterprise risk assessment process to ensure effectiveness, performing second line of defense for strategic and reputation risk management, identifying important industry trends/best practices in the enterprise risk management area, and proposing/driving relevant enhancements in the bank.
Job Duties:
Enterprise Risk Assessment
- Evaluate and manage the bank-wide Enterprise Risk Assessment (ERA) process to ensure effectiveness
- Continuously identify areas of improvement for the ERA process and drive the implementations across the bank
- Review the ERA procedure and liaison other department across the bank to address relevant internal audit findings and regulatory issues (if any) Strategic Risk Management and Reputation Risk Management
- Perform as the 2nd line of defense for
Strategic Risk and Reputation Risk
- Collaborate with departments in the 1st line of defense
- Assess strategic risk and reputation risk in the new product/activity approval process
- Identify improvement areas of strategic risk management framework and reputation risk management framework, propose and drive specific improvement actions
- Update the governance documents, including but not limited to the Strategic Risk and Reputation Risk policy and procedure
- Design and conduct strategic risk and reputation risk related trainings
Research Support
- Conduct research on regulations and industry best practices
- Identify, strategize and write reports on issues or trends in banking/finance industry in risk related area