Manager, Business Risk and Controls (Supporting Commercial Payments)

Location:

4910 Tiedeman Road - Brooklyn, Ohio 44144

ABOUT THE JOB (JOB BRIEF)
Manages a team of Risk Analysts who assist several assigned line(s) of business with the identification, measurement, and management of risk; development and implementation of sustainable controls; and development or maintenance of effective risk management policies and programs, reporting, training and testing to fulfill strategic objectives while operating within defined risk appetite. Provides risk, control and compliance consultation / advice, in conjunction with the second line of defense, on current and emerging risks impacting assigned line(s) of business; promotes accountability for the awareness and management of risk; and coordinates the management and escalation of issues. Engages and consults with corporate risk management partners across risk disciplines to develop and implement consistent risk management standards and processes across the lines of business.
 
ESSENTIAL JOB FUNCTIONS
Specific essential job functions include the following:
• Provide direction and oversight for the completion of the quarterly risk profile including collecting of information, drafting content, identifying key risk topics and points of interest, facilitating review within line of business and corporate risk management, along with obtaining senior executive approval.
• Provide overall direction and guidance on the development and implementation of the risk and control self-assessments and related risk profiles, including risk, control, test and risk metric design in accordance with corporate standards.
• Provide guidance and support to the line of business to better understand, own, proactively identify, measure, and manage risk, and integrate risk mitigation into their strategic decisions and management activities.
• Monitor quarterly assessments of testing, control effectiveness, residual risk, risk metrics and encourage proactive identification of weaknesses and/or control gaps, while providing sound recommendations to address control gaps.
• Monitor and provide guidance on findings, remediation plans, and exception requests, escalating risks and issues outside of risk appetite, as applicable.
• Provide guidance with implementation of risk management policies, programs and procedures by participating in projects, reviewing documentation, and/or ensuring engagement of appropriate stakeholders to fully implement requirements.
• Support/Lead the management of internal audits and external exams, as applicable. Coordinate pre-regulatory exam preparation activities; collect and track information requests; facilitate responses to findings; validate remediation plans are appropriate, resolved timely, and corrective actions implemented prior to closure; along with providing periodic updates to management.
• Build and sustain positive working relationships with corporate risk management and line of business executives, managers and teams, while developing an understanding of the business and strategic objectives.
• Strengthen the first line of defense by ensuring sound business practices, processes, procedures, persons, and technology exist to manage risk within the corporate appetite.
• Actively engage with line of business and corporate risk management partners to understand and assess risks across lines of business and standardize risk management processes and reporting.
 
REQUIRED QUALIFICATIONS
• Risk Management - Knowledge of processes, tools and techniques for assessing and controlling an organization's exposure to risks of various kinds; ability to apply knowledge of risk management appropriately to diverse situations.
• Effective Communications - Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
• Business Process Design - Knowledge of business process design; ability to develop appropriate techniques to re-examine key processes and focus on optimizing organizational performance.
• Decision Making and Critical Thinking - Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
• Cross-Team Integration - Understanding of the importance of inter-team collaboration in breaking down silos and achieving business results; ability to lead employees from various functions to communicate, coordinate work across divisions, and collaborate in solving problems as one team.
• Managing Multiple Priorities - Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
• Accurac