Senior Manager, Risk Management - RJ Bank

Job Summary

Under limited direction, uses extensive knowledge and skills obtained through education and experience, to help implement and maintain Raymond James Bank's enterprise risk management program. Conducts comprehensive risk management activities, including but not limited to: effectively challenging the business unit's risk self-assessments and overall residual risk to the bank, monitoring key metrics used to identify control issues or adverse trends, reviewing operational losses, and completing root cause or scenario analyses as required, assisting the bank with monitoring of issues and related remediation plans, and liaising between the bank and business continuity/supplier risk management teams. Liaises with the business unit's second and third line partners to identify trending or emerging risks and continuously monitors its overall residual risk profile. Manages risk projects with significant scope and impact throughout the project lifecycle (from proposal and requirement definitions to planning and implementation). Provides comprehensive solutions to complex problems by recommending business unit or departmental process improvements designed to improve internal controls and mitigate targeted risks. Presents business unit or segment risk profile summaries and ad hoc project report updates to senior management and targeted governance committees.

Essential Duties and Responsibilities

• Influences positive change through leadership, sound analysis, and demonstrated subject matter expertise.

• Works to implement the firm's enterprise risk management program at the division level.

• Identifies new or emerging risks and provides an opinion on its risk level and general adherence to enterprise risk programs.

• Develops and executes risk and control consulting activities following internal standards and relevant regulations.

• Communicates results of risk management activities and projects to senior management and key stakeholders both orally and in a concisely written format.

• Uses financial data and performance indicators to identify emerging risk trends and recommend necessary corrective action(s).

• Develops and supports the creation of enterprise risk management quarterly and annual reporting requirements.

• As needed, presents quarterly risk management activities and project results/statuses to relevant governance committees and senior management.

• Establishes and maintains effective partnerships with business unit management, internal and external auditors, and second-line risk partners.

• Supports the bank with identifying and monitoring key performance metrics.

• Attracts, develops, and retains talent within the Risk Management organization and RJ Bank.

• Uses excellent communication skills in order to influence a wide range of internal audiences including respective product, function, and executive management partners.

• Ensures the use of sound judgment to provide an overall opinion on the bank's risk and control environment and communicates findings to management. Challenges the team to identify opportunities for improvement in the design and effectiveness of key controls and mitigation strategies.

Knowledge, Skills, and Abilities

Knowledge of

• Advanced concepts, practices, and procedures of enterprise risk management, risk assessments, internal control, and risk mitigation concepts/strategies.

• Specific subject matter expertise regarding control disciplines and an advanced understanding of Raymond James products and services, especially those associated with the area of responsibility.

• Principles of banking/finance operations.

• Principles of Federal Reserve System and/or state level risk management and bank regulations.

Skill in

• Planning, organizing, and executing required risk management activities and projects.

• Written and oral communication, including the ability to communicate complex issues/themes to nontechnical persons.

• Critical thinking, problem-solving, and creativity.

• Presentation capabilities.

Ability to

• Manage, coordinate, and facilitate multiple initiatives in a fast-paced and dynamic environment.

• Influence and guide across departmental boundaries.

• Interpret, analyze, and apply technical information.

• Assess, organize, and prioritize multiple tasks and meet deadlines.

• Coach and mentor others.

• Identify training needs and develop subordinates.

• Balance conflicting resource and priority demands.

• Develop and enhance procedures and project management plans to meet program objectives on an ongoing basis.

• Interpret, analyze, and apply technical information in order to perform job responsibilities.

• Stay abreast of industry best practices, procedures, and techniques.

• Remain adaptable and resilient while working in a sometimes high-stress environment.

• Demonstrate attention to detail while maintaining a big picture orientation.

• Work independently as well as collaboratively within a team environment.

• Establish and maintain effective working relationships at all levels within the organization.

• Incorporate business unit needs and wants, balanced with achieving an appropriate level of risk mitigation, into a project plan.

Educational/Previous Experience Requirements

• Bachelor's degree (B.S.) in Business Administration, Finance, or Accounting and a minimum of eight (8) to ten (10) years of experience in relevant finance, audit, or risk management roles in the financial services industry, preferably in enterprise risk management governance.
• ~OR ~
• An equivalent combination of education, training, or experience as approved by Human Resources.

Licenses/Certifications

• CERP, CFE, CRCM, CPA, or CIA preferred.