Lead Risk Program Management
Apply NowCompany: City National Bank (CNB)
Location: Los Angeles, CA 90011
Description:
LEAD RISK PROGRAM MANAGEMENT
WHAT IS THE OPPORTUNITY?
The Lead Risk Program Manager works with Business Units across various divisions to support the execution, operation, and ongoing maintenance of the division's Risk & Compliance Program. Works with the 1LOD, 2LOD and 3LOD partners to ensure alignment of Risk Management Framework and compliance with Heightened risk management requirements.
WHAT WILL YOU DO?
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
Additional Qualifications
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $101,231 - $172,355 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
WHAT IS THE OPPORTUNITY?
The Lead Risk Program Manager works with Business Units across various divisions to support the execution, operation, and ongoing maintenance of the division's Risk & Compliance Program. Works with the 1LOD, 2LOD and 3LOD partners to ensure alignment of Risk Management Framework and compliance with Heightened risk management requirements.
WHAT WILL YOU DO?
- Responsible for promoting risk awareness across the Division
- Stays abreast on and provides guidance to team members on reporting standards, department reporting requirements, and bank system changes/enhancements
- Operates as a point of contact for the division by responding to internal inquiries regarding policies, procedures and regulatory requirements
- Researches a wide variety of topics and issues including emerging risks & trends, and risk management best practices; summarizes and communicates findings with the team
- Leads the division and works collaboratively with second line of defense teams to coordinate risk management and measurement activities
- Leads the execution of all risk related activities across area(s) of specialization to ensure consistency throughout managed Divisions.
- Participate and provides documentation in Audits/Exams and other reviews as needed
- Leads a team of high caliber thought leading colleagues who are responsible for Risk & Compliance Management activities across the division.
- Leads the development and socialization of division risk management reports and/or dashboards, leveraging existing and/or leading the development of new reporting as needed; ensures alignment of management reports with 2LOD and other applicable requirements (e.g., regulatory).
- Provides functional guidance and coordinates the daily activities of individual contributors and/or working teams. Serves as a first point of contact to individual contributors.
- Proactively evaluates and monitors the division risk profile and provides reporting and escalation to the Division Risk Manager and Leadership Team.
- Provides thought leadership to the division risk and leadership teams on a variety of topics including emerging risks, trends, and best practices; oversees associated action(s).
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
- Bachelor's Degree or equivalent
- Minimum 8 years of financial services or an equivalent, regulated industry experience
- Minimum 7 years experience in compliance or risk management
- Minimum 7 years experience managing medium to large projects
- Minimum 3 years experience supervising colleagues, contractors or other resources
Additional Qualifications
- Proficiency in MS Office, Project, and SharePoint
- Demonstrated experience with regulations impacting consumer banking and/or business unit functions preferred
- Demonstrated strong and sound decision making abilities about compliance risks and recommended corrective action.
- Demonstrated ability to think critically and facilitate change through collaborative efforts. Strong interpersonal, verbal, and written communication skills.
- Self-motivation, discipline, focus, the ability to structure and present work. Proven record of delivering high quality results within strict deadlines.
- Must have the ability to multitask and prioritize concurrent initiatives.
- Demonstrated ability to interact effectively, internally and externally, with the most senior representatives of organizations, regulators and vendors.
- Strong project and people management experience, with a demonstrated ability to prioritize and assign work across a team or teams; provide guidance and solve complex problems faced by teams; motivate and coach colleagues with direct and indirect reporting lines; and identify, flag, and/or escalate matters and issues to the division risk manager for disposition.
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $101,231 - $172,355 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.