Technology Risk - Business Controls Senior Associate

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GENERAL FUNCTION:

This position is responsible for assisting with the development and implementation of information technology risk strategies identified by IT Business Controls (Technology Risk) leadership and taking on additional leadership roles as defined. The IT Business Controls Senior Associate will work closely with the IT Business Controls (IT BC) team in the prioritization of work and review of projects completed. This position also is responsible for hands-on execution of control/risk assessments and the development of control enhancement recommendations. In addition to assessment activities, this role also functions in an advisory capacity to IT leadership.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's and Line of Business’ risk appetites, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

DUTIES & RESPONSIBILITIES:

• Support IT BC leadership in the execution of responsibilities to conduct risk assessments, assist with self-assessment programs, perform technical research on risk topics, and other activities that support risk management goals for the IT Division.
• Act as an advisor to IT leadership and managers regarding risk and compliance matters.
• Support IT BC leadership on the development and implementation of information technology risk management strategy and operating priorities.
• Support the integration of IT Risk Management practices into key Information Technology and business areas.
• Build effective relationships with key individuals who own and support processes you are responsible for evaluating, including the appropriate line-of-business risk managers.
• Provide mentoring, as needed, to Business Controls Analysts, Senior Analysts, and Associates to assist in the development of their careers and performance of their job responsibilities.
• Play a leadership role on key projects and ensure that key IT risks are being adequately addressed.
• Support the resolution of Internal Audit, Compliance, or Risk Management related issues that could impact the confidentially, availability or integrity of data or processes.
• Support compliance with applicable regulations, which include, but are not limited to the following: FDICIA, the Sarbanes-Oxley Act of 2002 and the Gramm-Leach-Bliley Act of 1999.
• Leverages expertise and stays informed of industry best practices and regulations to ensure compliance with all applicable laws, standards, and requirements, including, but not limited to, OCC Heightened Standards.
• Assist in the development and refinement of key IT BC metrics and reporting.
• Represent IT BC leadership on information technology governance groups, committees or other projects, as needed.
• Provides relevant expertise and analysis to stakeholders related to the identification, assessment, control, monitoring, testing, and reporting of risks.
• Identifies the need for, and collects information to, better understand issues, problems, and opportunities; integrates information from a variety of sources; and detects trends, associations, and cause-effect relationships.
• Highlights control breakdowns, inadequate processes, and unexpected events. Implements corrective actions in partnership with Business Controls leadership to address process and control deficiencies.
• Builds effective relationships with other internal business control groups and the second and third lines of defense (such as Legal, Compliance, Enterprise Risk, and Audit).
• Assists with execution of regulatory change management program to ensure applicable regulatory changes are identified, assessed against business processes, reported, and complied with.
• Partners with business managers in implementing remediation actions per the Bancorp issues management framework; coordinates business ownership of processes, risks, controls, and tests.
• May assist in the coordination root cause analysis, action plan evaluation with LOB and monitor action plan imp