Director, Risk Evaluation Assurance

At FNBO, our employees are the heart of our story—and we’re committed to their success! Please see below the details of this career opportunity and how it fits into our organization’s success.

Our Modern, Flexible Workplace:

 

We believe in a Modern, Flexible Workplace, and we are continuously exploring advancements in technology and office environments to make it easier to work from anywhere at any time, allowing for more flexibility in where and how you work. We know that choice and flexibility are important to you. We also recognize that flexible and remote positions can become opportunities for military partners, caregivers, and individuals with disabilities to thrive at our company. We invite you to consider what a Modern, Flexible Workplace can mean for you!

It is anticipated that an incumbent in this role will work onsite for three (3) or more days a week and will have a dedicated workspace when working onsite. Work location is subject to change based on business needs.

Summary of the Job:

 

The Director of Risk Evaluation and Assurance is responsible for the Partnership and Credit Divisions’ risk monitoring, risk based testing and business unit assurance framework, ensuring the continuous identification, assessment, and reporting of risks across all areas of the businesses. This role also functions as a single point of contact for Partnership division and is responsible for internal audit, compliance testing, and regulatory examination coordination and responses. Additionally, this role is responsible for developing and implementing strategies to manage risks, ensuring compliance with regulatory requirements, and leading a team of risk management professionals.

About This Role:

 

This role collaborates with leadership, the identified business lines, and across all three lines of defense to establish a proactive risk culture and provide actionable insights for decision-making. This individual will lead the development and execution of a compliance risk-based testing program and a business unit assurance program and will manage quality assurance efforts for the Partnership and Credit divisions.  This role will also interact with first, second and third line risk teams on internal audits, exams and compliance testing, and be responsible for responding to findings and developing and implementing action plans in response to such audits, exams and testing.

Key Responsibilities:

Risk Monitoring, Testing & Assurance Framework

• Responsible for overseeing and coordinating regulatory exams, internal audits, and compliance testing activities for the Partnership division.
• Support Partnership division oversight efforts by analyzing exam results, internal audit findings, and compliance testing reports/observations to report results and findings to management, to respond to findings, and to develop and implement action plans in response to findings.
• Oversee the management of a frontline employee quality assurance (QA) monitoring program. Provide guidance and assistance to modernize the QA program.
• Develop a risk based testing team designed to test specific compliance risks, processes and controls and to identify gaps to improve the risk ecosystem. Ensure high quality testing workpapers to withstand scrutiny from internal and independent auditors and examiners.
• Develop a division assurance team designed to independently and objectively assess the effectiveness of end-to-end processes, controls, training, third party risks, and compliance with regulations. Ensure high quality business unit audit workpapers to withstand scrutiny from internal and independent auditors and examiners.
• Design, implement, and maintain the organization’s risk monitoring, testing and assurance processes, controls, and end-to-end customer experiences to ensure effective oversight of risk across all business units.
• Develop a structured and standardized approach to risk monitoring, testing and division audits that align with the organization's strategic goals and risk appetite.
• Continuously evaluate and improve risk monitoring, testing and assurance practices and risk control framework to ensure they remain effective and responsive to changes in the business environment.
• Collaborate with internal stakeholders to integrate risk monitoring, testing and assurance processes and risk control frameworks into broader enterprise risk management activities.

Reporting and Communication

• Provide regular and ad-hoc reports to senior leadership and the board of directors, highlighting key risks, trends, and recommended actions.
• Develop and maintain dashboards and reporting to communicate risk exposure and facilitate informed decision-making.
• Communicate complex risk conce