drjobs Risk Controls Manager Banking Investments

Risk Controls Manager Banking Investments

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1 Vacancy
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Job Location drjobs

Washington - USA

Monthly Salary drjobs

$ 125000 - 135000

Vacancy

1 Vacancy

Job Description

Amalgamated Bank is looking for a Risk & Controls Manager focusing Banking & Investments and will facilitate risk management oversight and within the business. You will also leverage understanding of risk frameworks to assist the business line to strengthen controls and mitigate operational risk as the bank continues to grow. You will be responsible for the following key responsibilities and functions:


By joining our team youll be joining a Bank that believes that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for us to grow as a company. We are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers.


Essential Job Functions:

  1. Facilitate risk assessment completion update and maintain risk and controls descriptions key risk indicators (KRIs) resolution and tracking of audit regulatory and selfidentified issue mitigation plans.
  2. Ensure adequacy of controls relevant to the Line of Business LOB including SOX and Risk & Control SelfAssessment (RCSA) controls and provide recommendations for improvement.
  3. Conduct periodic selftesting of design and effectiveness of controls providing recommendations for enhancement in alignment with the Business Head.
  4. Develop and maintain process workflows for all critical processes within the LOB
  5. Partner with the Business Head to ensure policies and procedures are up to date.
  6. Work with Risk and Compliance to stay informed on relevant regulatory changes and/or changes in the law. Advise LOB lead on relevant changes.
  7. Assist with the preparation of management and committee materials as requested.
  8. Support Business Continuity and Disaster Recovery planning for the LOB.
  9. Lead LOB vendor related activities which include but are not limited to: service level agreement (SLA) performance relevant entity controls within the LOB etc.
  10. Investigate and report material risk events and determine root cause.
  11. Assist in new product/process rollout advising on control adequacy.
  12. Act as Point of Contact for LOB during Audit and Exams.
  13. Perform other duties as needed.
  14. Partner with the Enterprise Risk Management team for support and to obtain guidance to facilitate oversight and of risk management activities.


Knowledge Skills and Experience Requirements:

  1. Bachelors degree or equivalent experience.
  2. Minimum 57 years of experience within an operations environment preferably in a risk or controloriented banking environment.
  3. Good understanding of operational controls and risk management techniques.
  4. Analytical and problemsolving skills required to interpret data.
  5. Ability to assess situations competing needs requirements and solve problems independently within aggressive time constraints seeking guidance and approval where required.
  6. Ability to produce quality deliverables demonstrating strong written and verbal communication skills.
  7. Expert level experience with PowerPoint Excel and Visio.


Our job titles may span more than one career level. The starting base salary for this role is between $125000.00 $135000.00. The actual base pay is dependent upon many factors such as: training transferrable skills work experience business needs and market demands. The base pay range is subject to change and may be modified in the future.


Amalgamated Bank is anEqual Opportunity and Affirmative Action Employer Minorities / Females / Individuals with Disability / Veterans.AmeriCorps Peace Corps and other national service alumni are encouraged to apply. View ourPay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank we consider an applicant to be someone who has interviewed at least once in person with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.


Hybrid Work Model
Effective February 18 2025 employees in officebased positions will be working a Hybrid work schedule consisting of three days or more onsite per week Monday Thursday although the specific days may vary by site or organization with Friday designated as a remoteworking day unless business critical tasks require an onsite presence. This Hybrid work model does not apply to and daily inperson attendance is required for the contact center branch service roles and general services where the work to be performed is located at a Company site; positions covered by a collectivebargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note this Hybrid work model guidance does not apply to roles that have been designated as remote.


Required Experience:

Manager

Employment Type

Full Time

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