Serve as a core advisor to the Wealth Management Business, providing expert guidance on risk mitigation, policy development, and regulatory change impacts with an emphasis on Fiduciary Activities of National Banks detailed in Regulation 9.
Ensuring sustainable first line risk programs are in place that will identify, assess and mitigate potential risks.
Communicating risk-related information to all relevant stakeholders, including senior management, initiative leaders and our compliance/legal partners.
Ensure thorough risk assessments are conducted, to identify potential risks across the Wealth organization.
Works with other Business Risk Officers to recommend risk mitigation strategies and controls to minimize the impact of identified risks.
Assesses Strategic Risk for the Segment, including the quarterly Risk and Control Self-Assessment (RCSA).
Assess policy compliance of the Segment with applicable frameworks and policies.
Proactively challenge and influence both business and risk partners on complex risk issues, ensuring that remediation strategies are not only timely but also effective and sustainable.
Requirements
Bachelor’s degree
7+ years of related/focused experience and proven industry expertise/management within the wealth and fiduciary space
Fiduciary and regulation 9 experience
Strong written and verbal communication skills, with the ability to influence outcomes and deliver concise actions/outcomes
Ability to lead and motivate others, manage resources, and influence decision making
Risk Management expertise across multiple pillars; products; or business units
Ability to manage multiple priorities and work effectively in a fast-paced environment
Understanding of laws and regulations relevant to the Wealth organization’s industry and operations
Knowledge and ability to work with MS Office products effectively and efficiently
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