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Continuous Monitoring Lead
Continuous Monitoring Lead-February 2024
Dallas
Feb 3, 2025
About Continuous Monitoring Lead

  Job Summary The Business Risk Lead position may be an individual contributor or may function as a team leader of a small group responsible for assessing the operational risk of their business unit. This position provides insight and direction relative to gaps in controls along with regular reporting to management reflecting trends, strengths and weaknesses. The individual is responsible for managing consistency in execution of testing methods, ensuring the highest integrity of test results. Provides strategic direction to team during annual review and development of their self-testing approach used to identify and manage operational risk. Essential Duties and Responsibilities: * Perform monitoring oversight across all Retail lines of business which to ensuring business compliance to execution of monitoring activities. * Develop dashboards for various testing and monitoring activities and extracting data-driven insights using business intelligence tools such as Tableau, Power BI or other tools. * Manipulate, transform, and combine multiple data sources to execute relevant analyses. * Build well-managed data solutions, tools, and capabilities to enable a self-service framework for the team. * Assist in developing procedures and implementing system enhancements to achieve efficiency goals. * Thorough understanding of Branch Banking processes and controls. * Work independently and establish strong relationships with business partners, legal, compliance, and other key stakeholders. Control Testing * Lead management and oversight of all regulatory and audit inquiries. * Responsible for the coordination and preparation of audit and exam deliverables. * Ensures key regulatory and control timelines and required processes and evidence (documents) are tested. * Ensures compliance and control findings are reported to management of affected areas. * Perform risk analysis to determine level of risk to the bank and recommend action(s) to mitigate risk. * Develop and implement new compliance programs to address regulatory changes. Policies, Processes, and Procedures * Monitor and interpret policy and procedures for assigned line of business and update as required. * Recommends ways to reduce turn times while balancing operational risk. * Analyze and make recommendations on department policies, processes and procedures. * Partners with the business unit(s) to ensures all processes and procedures are in compliance with policies and federal regulations. Committees and Special Projects * Management of and/or participation in large to complex sized projects related to risk and compliance. * Work collaboratively with business units and others on the implementation of new regulations. * Represent the business on risk and compliance committees as assigned. Training and Reporting * Educate and train business unit on risks that affect them. * Ensure compliance training requirements are properly communicated and completed. Management Responsibilities * May manage a small staff. * Provide coaching, development and training to ensure staff has the necessary skills and tools to be successful. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

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