Director, Business Controls
Location: Cincinnati
Posted on: January 14, 2021
|
|
Job Description:
As first line of defense, provides strategic
business leadership and direction around key activities within the
business related to identifying, assessing, mitigating and managing
risk and ensures the existence of appropriate product and
platformsupervisory controls. Oversees and evaluates the various
components of the business and operating functions across the
collective and individual businesses. This highly visible position
will lead a team that works across the line of business orfunction
to ensure transparency and understanding of operating issues, risk,
and opportunities, including the sound governance, administration
and oversight of business activities. Evaluates the industry,
market and regulatory environment to anticipatechanges and help
ensure appropriate alignment with potential business
scenarios.
ESSENTIAL DUTIES & RESPONSIBILITIES:
. Directs and manages governance and risk related processes for one
or more complex business groups.
. Defines the strategy and implements controls, policies and
procedures to increase effectiveness and efficiency across the
business and platforms
. Exercises judgment and influences senior business managers and
peers to ensure enforcement of strong risk and governance
management while balancing business strategy
. Works with senior leadership to develop, implement and
communicate Business Controls mission, goals and strategies within
the Enterprise Risk Management (ERM) framework
. Proactively manages the relationships with regulatory agencies,
external consultants and other internal business control
groups.
. Highlights control breakdowns, inadequate processes, and
unexpected events and implements corrective actions to address
process and control deficiencies
. Ensures compliance with all applicable laws, regulations,
standards and requirements
. Manages and provides comprehensive reporting that captures and
prioritizes key issues resulting from the business, control
functions, audit or other internal and external
sources.
Strategic
. Establishes a set of processes that include first line of defense
risk limits, with policies ensuring that risks are
effectively identified, measured, monitored and controlled,
consistent with the Bank''s risk appetite statement, concentration
risk limits and the Bank''s policies within the Enterprise Risk
Management Framework
. Effectively executes organization design and effectiveness to
establish a structure that maximizes governance and productivity
with the appropriate talent
Identification
. Maintains a complete and current inventory of all the material
processes, product lines, services and functions, with the
associated key risks and their thresholds
. Establishes and maintains a comprehensive list of all governing
regulations within the LOB or function, and is responsible for a
continual, forward-looking scan of industry, regulatory and legal
trends and changes
. Evaluates risks associated with new product and strategic
initiatives prior to formal project review (‘is this within
appetite'') and determines mitigating controls
Assessment
. Execute periodic Risk & Controls Self-Assessment (RCSA); owns all
content of RCSA and tests
. Designs processes and tests to control quality and consistency of
expected outcomes
Management and Mitigation
. Develops and executes on-going metrics tracking, monitoring and
review processes (e.g., Key Risk Indicators (KRIs), Operational
Losses)
. Establishes appropriate measurement framework including
dashboards and reporting to measure the effectiveness of the
established standards and practices
. Provides guidance and training to the division''s centers of
excellence on effective implementation and monitoring of the
enterprise risk management framework.
. Promotes open and effective communication between ERM, the
division''s leadership and the centers of excellence on risk issues
and risk management methodologies.
. Assists centers of excellence in developing and maintaining risk
management procedures and defining of
Keywords: , Cincinnati , Director, Business Controls, PR / Public Relations , Cincinnati, Ohio
Click
here to apply!
|
Didn't find what you're looking for? Search again!
Other PR / Public Relations JobsCSR / Teller - Jeffersontown BC - Part Time Description: p font face Arial Banking Customer Service Representative /font /p br p font face Arial Job Description br / br If you are a dynamic and driven Customer Service Representative who has (more...) Company: Location: Louisville Posted on: 01/14/2021 Associate Portfolio Manager Description: font face Arial GENERAL FUNCTION: Provide support to a few relationship managers, with small portfolios, in their daily duties in underwriting and monitoring credit, existing and proposed credit requests, (more...) Company: Location: Indianapolis Posted on: 01/14/2021 CSR / Teller - Main BC - Full Time Description: p font face Arial Banking Customer Service Representative /font /p br p font face Arial Job Description br / br If you are a dynamic and driven Customer Service Representative who has (more...) Company: Location: Louisville Posted on: 01/14/2021 CSR / Teller - Okolona BC - Full Time Description: p font face Arial Banking Customer Service Representative /font /p br p font face Arial Job Description br / br If you are a dynamic and driven Customer Service Representative who has (more...) Company: Location: Louisville Posted on: 01/14/2021 Lead CSR / Teller - North Michigan Rd BC-Full Time Description: font face Arial br p font face Arial Lead Customer Service Representative ndash Bank Customer Service Rep /font /p br p font face Arial Job Description br / br If you are a dynamic (more...) Company: Location: Indianapolis Posted on: 01/14/2021 Financial Center Manager Associate Description: font face Arial GENERAL FUNCTION: Selected Candidate will attend a 3-4 month on-boarding and education br / br program that includes rotations in Operations, Sales amp Service, Small Business (more...) Company: Location: Indianapolis Posted on: 01/14/2021 Retail Personal Banker I- Keystone Banking Center Description: font face Arial GENERAL FUNCTION: The Personal Banker I is a branch position focused on using the consultative sales process to proactively identify and meet the financial needs of customers or prospects. (more...) Company: Location: Indianapolis Posted on: 01/14/2021 Emerging Markets MLO-Georgetown Rd. Description: font face Arial GENERAL FUNCTION: Performs a wide range of duties relating to the origination of residential 1st mortgage loans for branch offices and outside referrals. Meets standards and objectives (more...) Company: Location: Indianapolis Posted on: 01/14/2021 Retail Personal Banker I- Lynhurst Description: font face Arial GENERAL FUNCTION: The Personal Banker I is a branch position focused on using the consultative sales process to proactively identify and meet the financial needs of customers or prospects. (more...) Company: Location: Indianapolis Posted on: 01/14/2021 Investment Executive Description: font face Arial GENERAL FUNCTION: Accountable for overall production, coaching, training, and developing a team of licensed retail bankers. May handle large book of clients with more complex financial (more...) Company: Location: Indianapolis Posted on: 01/14/2021 |