Sr Manager, Enterprise Risk Job Listing at Valley Bank in Morristown, NJ (Job ID 25-531)

Description

Responsibilities include but are not limited to:

• Work with senior business partners enterprise-wide to develop and identify the operational risk profile of the Bank and identify key risk indicators (KRIs) to monitor these risks among the eight risk streams.
• Provide leadership for the ongoing development, implementation, maintenance, and monitoring of the enterprise's ERM Risk Appetite Report. Develop process to tie Risk Profile to Internal Risk Appetite and work with front line to outline necessary actions to bring back within appetite if applicable.
• Utilizing the GRC system, compile all risk data and provide enterprise reporting on a quarterly basis from lines of business and support areas.
• Develop and implement risk mitigation strategies, working closely with business units and departments to identify potential risks. Develop plans to address identified risks and ensure they are within the organization's risk appetite.
• Oversee the firm wide issue, action and operational risk event identification, escalation, and tracking process for specific business lines. Work with control groups to ensure analysis of issues, actions and events identified, escalated, and documented within the GRC system.
• Establish an effective Policy Management process to account for and monitor all significant Bank policies. Conduct second line of defense monitoring and provide effective challenge with respect to first line of defense policies, procedures, and risk results, and provides reporting and communication to senior leadership.
• Assist Risk Management on significant risk related projects, initiatives and special risk assessments that impact the risk profile of the bank.