Lead Business Risk and Controls Advisor - Business Process Risk Identification

3 days ago

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KeyBank

WebsiteLinkedInAll Job Openings

Retail Banking • Commercial Banking • Equipment Leasing • Finance • Investments

10,000+

Description

• Collaborate with line of business partners to identify and document risks and controls for end-to-end business processes, including completion of process mapping and overall first line risk program execution, supporting risk scoring methodology, influencing completeness and accuracy of business process mapping activities, and associated business as usual (BAU) activities • Complete business process mapping activities and associated linkage within process maps for risks, controls, and other relevant items • Sustain positive working relationships with relevant BRC LOB Risk Advisor(s) and associated second line of defense risk partners to influence line of business management consideration of adequate risk mitigation within business processes • Support peers in influencing line of business management to better understand, own, proactively identify, measure and manage risk within their associated business processes • Gather information from source systems to support accurate identification and documentation of risks and controls, including identification of opportunities to enhance risk, control, and business process design; support peers with identification of enhancements • Deepen understanding of business processes and associated risks and controls within supported business processes/functions across multiple lines of business • In-depth experience in business process, risk, and control inventory review and advising • Maintain strong understanding of risk management requirements related to the Risk and Control Self-Assessment (RCSA) program and interactions with business process risk identification • Maintain working knowledge of business process mapping best practices and associated system utilization and support peer development • Apply critical thinking skills to evaluate and provide feedback and recommendations on business process design and associated risks and controls • Provide a perspective on GRC content including inherent risks, control designs, test procedures, including associated Findings and Remediation Plans, if applicable • Collaborate with business process owners and risk partners to achieve results aligned with comprehensive business process risk identification and analysis • Remain informed of changes in the regulatory environment; Monitor and review changes in requirements by collaborating with the risk partners and process owners • Proactively expand upon industry regulatory knowledge via training and/or industry regulatory publications • Strengthen the first line of defense business process risk identification by participating in the documentation of executed business processes, associated supporting procedures, and identified use of technology to support ensuring risks are appropriately managed by LOB partners • Lead, manage and prioritize multiple assignments in a fast-paced, dynamic environment to create value and achieve stated goals and objectives • Effectively utilize written and verbal communication to summarize status, results, obstacles and solutions to business process owners, associated management, BRC partners and second line of defense risk partners • Independently lead and execute on special projects, as assigned

Requirements

• College degree or equivalent work experience with emphasis on business process analysis, compliance and/or risk management • Experience supporting and leading risk and/or compliance related activities, workstreams, or projects in a financial services operating environment or other relevant industry (5+ years) • Strong organization skills and ability to independently and collaboratively handle multiple concurrent and diverse activities, with the ability to shift focus based on changing and competing priorities • Demonstrated ability to be self-motivated, build and manage relationships, and lead workstreams in a dynamic, fast paced team environment • Proficient use of Microsoft Office, various web-based software applications, databases and mainframe applications • Experience with completing process mapping activities, including experience with systems that support process engineering • Proficient knowledge of technology use, including interdependencies between process execution and technology, within banking or relevant industries • Strong analytical and problem-solving skills, decision making and ability to lead continuous improvement activities; Demonstrated ability to peer mentor on the above qualities • Proficient understanding of consumer, commercial and corporate banking businesses and associated operational processes, including related federal and laws, regulations and guidance • Possess strong interpersonal skills with the ability to interact effectively with diverse audiences, inclusive of senior and executive leadership, to develop and sustain collaborative relationships • Demonstrate teamwork and accountability with the ability to collaborate with and influence business process owners, risk owners, control owners, and second line risk partners to achieve results aligned with a strong control environment

Benefits

• Short-term incentive compensation • Deferred incentive compensation subject to individual and company performance • Flexible options for mobile roles • Reasonable accommodations for individuals with disabilities