GRC Program Management Senior Risk Officer

Company: Umpqua Bank
Location: Cincinnati
Posted on: September 17, 2023

Job Description:

Corporate RiskNA,IdahoNA,UtahNA,ArizonaNA,WashingtonNA,CaliforniaDescriptionAbout Us:Umpqua Bank is a publicly traded financial holdings company, headquartered in the Pacific Northwest with 6,000+ employees, which offers banking services to customers throughout the nation. It's an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.About the Role:The vision of Enterprise Risk Management (ERM) is to enable a holistic, cross-functional view of risks to drive their effective prioritization and management in line with the Company's strategic objectives. This role will be responsible for supporting the build out and enhancement of the Governance, Risk, and Compliance (GRC) tool to facilitate consistent and quality risk information. This would include structuring foundational risk data to align with the implementation of risk programs, assessments, and risk response.Other responsibilities would include: Overseeing the finance and capital, technology, or other risk management activities of the bank and holding company through consultation and monitoring, Works with Executive Management and apply effective challenge through monitoring, analysis, and reporting on significant risk and control issues, Assists Executive and business line management in the development of effective action plans, Participates in strategic enterprise-wide projects to drive proactive risk identification and mitigation for financial risks, Maintains an enterprise risk management strategy that reduces risk, promotes operational efficiency and fosters a high quality customer experience through implementation of the Enterprise Risk Management System and Standards.Demonstrate expertise in the finance and capital, technology, or other risk area(s) of bank or holding company in order to effectively monitor and challenge associated risk management activities, as well as, provide appropriate level of consultation.Develop and implement processes for monitoring, analyzing, and reporting on enterprise-wide risks, which include capital, liquidity, market, credit, regulatory, technology, and strategic.Lead cross-functional risk management initiatives and projects that impact multiple risk disciplines and/or business units.Perform root cause analysis and facilitate remediation efforts by first line of defense.Responsible for regulatory change management initiatives through appropriate level of research, analysis, and development of corporate and business level communications describing impact and necessary action by management.Responsible for regulatory relations, including providing responses and documentation as requested.Prepare risk management reports to Executive Management and contribute to the Board of Directors committees' reports relative to enterprise risk management activities.Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities - knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.May be asked to coach, mentor, or train others and teach coursework as subject matter expert.Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.Takes personal initiative and is a positive example for others to emulate.May perform other duties as assigned.Occasional travel.About You:Bachelor's Degree in business, finance, economics, accounting, or other applicable discipline or equivalent experience requiredMaster's Degree preferred7-10 years of banking, risk management, finance, and technology experience required.Strong understanding of risk management and ERM's function in the 2nd lineDeep curiosity and aptitude for understanding how risk information connectsTalent for building and implementing program requirements/enhancement into a user interfaceExpertise in financial, operational, or technology risk management concepts, best practices, and regulations.Extensive understanding of financial institution general control structure, as well as, knowledge of various bank operations, in order to assess risk, challenge, and make appropriate recommendations.Demonstrate ability to independently manage multiple and complex work efforts, which involves directing other key stakeholders across the bank.Possess strong oral and written communication skills, critical thinking, and analytical skillset.Ability to present complex information to a variety of different audiences.Advanced skills in Excel, Microsoft PowerPoint, ACL, or Cognos reporting.Knowledge of GRC systems helpful.FRM, PRM, CIA, or CPAWe offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is, $73,710 - $149,466, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.Our Commitment to Diversity:Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics.If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected]To Staffing and Recruiting Agencies:Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.

Keywords: Umpqua Bank, Cincinnati , GRC Program Management Senior Risk Officer, Executive , Cincinnati, Ohio