We’re seeking a future team member for the role of Senior Director, First Line of Defense Controls Lead to join our Corporate Trust team. This role is located in New York.
In this role, you’ll make an impact in the following ways:
- Leads the Loans Enablement Platform team of Controls professionals direct and indirectly.
- Uses in-depth knowledge of information technology, risk and control frameworks, risk and control theory and practice, and controls implementation and assessment to determine potential risks to the organization.
- Manages analysis and draws conclusions to recommend and direct any resulting change needed to mitigate risk.
- Oversees strategy and development of the risk framework and identifying, analyzing, monitoring, reporting, and minimizing information technology risks.
- Reviews TRC related reports produced by the management team for accuracy and legibility.
- Accountable for the development, strategy and facilitation for assessment, audits, regulatory interaction and preparation for Key Risk Review meetings. Responsible for recruiting, directing, motivating and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.
- Responsible to ensure risk awareness culture by facilitating risk training and awareness activities such as self-identifying control issues.
- Strong written and verbal communication.
- Establish, manage and oversee a robust internal control framework; facilitating the implementation and governance of controls to manage platform processes, aligned with compliance regulations, rules, standards, and policies.
- Partner with Compliance to analyze impact of new regulations affecting the Platform and ensure necessary changes are delivered to the Platform’s control environment, product design, reporting processes, Laws, Rules and Regulations mapping and/or contractual structures.
- Drive continuous improvements in control environment through utilizing best in class tools, workflow, and risk analytics in partnership with Practice lead and Controls Hub.
- Ensure integrity, completeness and proper interpretation of reporting and metrics to provide a holistic risk portfolio view for the Platform and drive actions to address variances
To be successful in this role, we’re seeking the following:
- Bachelor’s degree in finance or the equivalent combination of education and experience is required, advanced degree is preferred
- Extensive experience in Risk, Compliance and Control a corporate and/or investment banking capacity
- Strong Understanding of a Risk and Control framework, Control design and Control effectiveness, and supervisory expectations for large complex financial institutions
- Ability to plan, syndicate and implement balanced risk and control strategies