Overview
The ERM Offshore Risk Oversight Director is responsible for designing and leading the program to establish second line risk oversight for FCB offshore operations. This includes leading the development, implementation and management of plans and governance structures to appropriately oversee and manage the onboarding of offshore entity(ies) - both interim actions and long-term oversight structures.
The ideal candidate will have prior experience designing and/or overseeing risk management activities for offshore operations at an LFI.
The successful candidate must be able to positively influence a diverse audience of professionals including their peers and senior management, along with effectively communicating when required to regulators. Therefore, the candidate must possess outstanding oral and written communication skills, and be able to communicate complex concepts, highlighting the risks and opportunities to the Bank.
The candidate must also demonstrate success at building effective teams, attracting and retaining talented individuals as well as taking an active role in developing and mentoring at all levels. In addition, the candidate will have proven leadership skills, excellent operational knowledge, strong employee development credentials and a dedication to process improvement. The dynamic growth of the bank will give the new leader an opportunity to build a risk oversight integration team under his/her direction.
Responsibilities
Risk Management: Establish integration approach(es) to ensure capture and oversight of exposures within all risk programs across the Bank, ensuring capability to bifurcate / aggregate risksDevelop robust and sustainable governance routines to ensure reporting and escalationDesign integration activities to ensure consistent and comprehensive integration of risk data into all existing risk activities (e.g., business continuity management, risk and control self assessments, model risk management, etc.), as well as processes to aggregate relevant risk data to facilitate monitoring and oversight of entity-specific exposures to inform Risk Profile reportingCollaborate with stakeholders to establish monitoring and governance routines on a go forward basis, including defining effective challenge roles and accountabilities for all Second Line functionsOversee the integration of offshore entity(ies) into existing ERM risk identification, assessment, monitoring and reporting programs, aligned to relevant US business unitsFacilitating 2nd line oversight activities across risk management, including but not limited to RCSA, controls assurance, etc. Oversee the design and implementation of entity-specific risk identification, assessment, monitoring and reporting for risks and controls specific to the offshore entity(ies)Work with key partners to determine appropriate alignment of First Line Risk Management resources in offshore operations that supporting onshore processes/BUs Establish change management oversight routines for offshore entity(ies).Ensure necessary changes are made to risk management technology(ies) to support offshore entity specific reporting of risks, risk response strategies, issue management and management reporting. Business Support: Establish relationships with offshore and onshore partners and stakeholders to ensure effective risk management oversight. Managerial Functions: Leads, recruits, directs, motivates, and develops the ERM Offshore Risk Oversight team, maximizing their individual contributions, their professional growth, and their ability to function effectively with their colleagues as a team and/or lead. Ensures teams are equipped to operationalize and attain strategic objectives. Ensures appropriate financial and human resource allocation. Provides real time and constructive feedback at the most critical times. Establishes and monitors expectations to achieve company and department goals. Makes appropriate changes to team policies, procedures, training and evaluation of assigned staff. Maximizes department achievements by providing professional development.Qualifications
Bachelor's Degree and 10 years of experience in Enterprise Risk or Operational Risk and Project Management or Consulting (internal or external) OR High School Diploma or GED and 14 years of experience in Enterprise Risk or Operational Risk and Project Management or Consulting (internal or external)Other Preferred Qualifications:
Experience overseeing risk management processes for offshore entities, preferably a large financial institution or similar consulting experience1st and/or 2nd LOD experience (internal or consulting) in overseeing offshore operations within a large financial institution, preferably within Enterprise or Operational RiskExperience overseeing risk management processes for offshore entities1st and/or 2nd LOD experience in overseeing offshore operationsAbility to establish, monitor and enhance large, complex processes and inputs across multiple stakeholdersKnowledge of regulatory requirements and guidance pertaining to enterprise and operational risk frameworks