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Regular or Temporary:
English (Required)
1st shift (United States of America)
We are currently seeking a Senior Risk Advisor who will be aligned to supporting our Enterprise Payments business. In this role, you will engage with Business Unit leadership in its management of risks and controls as well as its execution of risk program requirements. Execute, facilitate and/or monitor execution of Risk Program requirements (e.g., Issues Management, Change Risk Assessments etc.) within the Business Unit and Governance & Controls Office (GCO). Provide risk advice and consultation to assigned Business Unit / functional area(s). Aggregate, integrate, correlate and report risks for assigned Business Unit. Identify and opine on remediation to address weaknesses related to inadequate or failed processes, people, and systems, or external events and ensure effective remediation.
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Provide risk advice and serve as risk Subject Matter Expert (SME) to assigned Business Unit across all risk types to promote and strengthen compliance with applicable regulations, policies, procedures and risk program requirements.
Partner with first and second line defense teammates across assigned business areas in identifying, escalating and in remediating risk control gaps to ensure compliance with Enterprise Risk Management programs and policy.
Assess, test and effectively challenge the assigned Business Unit to aide in the evaluations and self-identification of risk control weaknesses. Assist with evaluation and assessment of the remediation efforts to confirm adequate resolution.
Aggregate, report and communicate risk results to inform teammate stakeholders of the existing risk environment and escalate material concerns to Business Unit leaders and committees.
Monitor & report on emerging risks potentially impactful to Business Unit partners and Truist. Implement processes and record retention routines necessary to ensure Business Unit compliance with enterprise risk monitoring requirements.
Oversee risk appetite and business risk strategy ensuring adherence to defined limits. Effort includes risk identification, risk acceptance and risk prioritization of current and emerging risks.
Understand Business Unit goals, provide risk management expertise in strategic projects and seek engagement from appropriate Subject Matter Experts (SME's) and GCO peers for guidance and input.
Manage, update, monitor and track controls, including those aligned to SOX and regulatory requirements.
Foster a spirit of continuous improvement and offer recommendations to refine and/or enhance Business Unit and GCO processes as necessary.
Other activities and special projects, as deemed required.
Required Qualifications:The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor’s degree in Accounting, Business, Finance or related field, or equivalent education and related training
8+ years of experience in a financial institution with emphasis on risk management or equivalent work experience and training
Strong knowledge of SOX and other industry-related regulatory requirements.
Strong knowledge of operational and other non-financial risks.
Ability to assess levels of adherence/execution and identify risk/control improvement opportunities in risk management principles/controls, broad based business practices, and Business Unit activities/processes.
Strong written and verbal skills
Solid problem-solving skills in complex environments
Excellent time management and organizational skills with the ability to operate without close supervision; Capable of handling multiple projects concurrently
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Ability to travel, occasionally overnight
Preferred Qualifications:
Master’s degree in finance or business, or equivalent education and related training
12 years of banking or relevant experience
Audit / First Line of Defense Risk experience
Experience in Payments
Strong knowledge in field of assigned business unit(s)
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