This position will manage the maintenance and implementation of the Issue Management Policy with a focus on associated risk governance and risk training and will support Issue Coordinator Responsibilities for Enterprise Risk Division. The position will develop and ensure appropriate maintenance of common reporting, content formats and templates for Issue Management related governance documents and Enterprise risk Division related reporting.
Position Responsibilities:
Management of Issue Management Guidance
Ensure guidance are well documented, aligned with regulatory expectations and industry standards, and supports the risk assessment and management activities across all risks and controls of the organization.
Identify opportunities for improved alignment with the ERM Framework supporting all lines of defense and work with those Business Units to achieve compliance.
Management of Enterprise Issues
Identification and reporting on Enterprise Issues.
Maintenance of procedures to define responsibilities of Issue Management governance.
Development, Maintenance and Coordination of dashboard reporting for Enterprise meetings covering Issue Management including quarterly reporting against risk metrics identified.
Enterprise Risk Governance & Documentation
Coordination with various Issue owners and ongoing reviews of Issue Documentation, Investigation and Remediation for approval, as well as testing and Validation to ensure alignment with Issue Management Policy, ERM Framework and other policies.
Document and maintain processes and procedures for Issue Coordinator responsibilities in alignment with policy and regulatory expectations and industry standards.
Enterprise Risk Training
Facilitate Regular Risk Summits with risk participants from all three lines of defense to support Issue Management Standards.
Additional training and awareness on appropriate topics targeted toward appropriate risk managers on risk topics (e.g. Issue Management. Control Sampling, etc.).
Position Qualifications:
Bachelor's degree or 4 years of relevant experience. Preferred to be in finance, accounting or related business management field; Master degree preferred
7 years of progressive experience in performing high level risk assessment, particularly as it applies to the financial services industry
7 years of knowledge of the financial services industry trends, major issues and regulatory considerations with deep understanding of applicability to financial institutions and appropriate responses
5 years of experience in analyst and/or development of Control Testing Programs, Issue Management, and Remediation Efforts and Risk Management