Job Description
Director, Divisional Business Risk and Control Officer The Director, Divisional Business Risk and Control Officer (BRCO) is a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues.
The Director, Divisional BRCO leads a team who are critical to the success of the Risk Management Lifecyle and plays a role in Planning, Identifying, Assessing, Mitigating, Monitoring, and Reporting.
The Director, Divisional BRCO and their team are members of the First Line of Defense (1LOD) who :
- Provide leadership and coaching to the 1LOD to proactively identify and effectively manage risks.
- Translate and educate 1LOD to enable and drive business relevant implementation of Second Line of Defense (2LOD) risk management frameworks, policies, taxonomies, and inventories.
- Review, validate, and test 1LOD activities to ensure adequate control design and effective control operation.
- Provide credible challenge to 1LOD colleagues, ensuring safeguard and risk mitigation measures are upheld in decision making and adherence to 2LOD frameworks and policies prior to 2LOD review.
- Drive two-way collaboration across 1LOD and 2LOD; liaise between 1LOD and 2LOD to drive engagement throughout the risk management lifecycle.
- Collaborate and coordinate across the organization to help navigate and mitigate horizontal risk promoting resilience and ensuring safety and soundness.
- Document, aggregate and report risk in accordance with the risk management lifecycle.
Position Responsibilities Risk & Control Functional Leadership
Focused on enhancing the risk ownership and culture within the line of business. Leads a team of risk and control colleagues.
Develops and executes on a plan to increase the completeness of the controls inventory within the line of business and to expand the reach and frequency of control testing.
Engages with business leaders and holds them accountable as risk and control owners.
Risk & Control Process Improvement
Focused on performing end-to-end standard and thematic risk reviews of processes, identifying new risk and control themes and trends, owning special projects, identifying, and executing on opportunities to re-engineer inefficient processes and controls to be automated, preventative, and sustainable, identifying continuous improvement opportunities, utilizing, and promoting utilization of analytics to identify issues, and assisting with implementations of changes to frameworks.
Risk & Control Advisory
Serves as a senior Business Risk and Control leader, liaising with risk and control owners and their teams as well as business leaders to provide proactive advice and input on key business and control decisions.
Ensures risk and control owners are accountable, enabling them to clearly articulate and manage the risk profile of a process, demonstrating active, robust risk management to key stakeholders and senior business leaders.
Provides credible challenge to business leaders and robust oversight to continuous monitoring plans and risk and control assessments.
Oversees creation of governance materials and reporting for relevant internal risk management oversight including committees and business meetings.
Regulatory Engagement & Remediation
The primary contact for regulatory matters related to risk and control for the line of business. Owns remediation plans and processes for line of business.
Articulates and demonstrates risk and control environment to key stakeholders including 1LOD, 2LOD, 3LOD, senior business leaders, board, and regulators as needed.
Organizational, Financial & Talent Management
- Responsible for the leadership and talent management of risk and control colleagues and the financial management of their team.
Divisional Director Business Risk & Controls Officer
The Director, Divisional Business Risk and Control Officer (BRCO) is a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. Director, Divisional Business Risk and Cont...
Director Business Controls Admin
A company is looking for a Director, Business Controls Admin. ...
Director, Technology- It Risk And Controls (remote Eligible)
Locations: VA - Richmond, United States of America, Richmond, VirginiaDirector, Technology- IT Risk and Controls (Remote Eligible)The Director, Technology - is a critical position supporting Risk and Controls SOX Leadership, enabling leaders to execute strategic work while ensuring operational rigor...
Director Business Risk & Control Officer RCSA Issue Management Risk Partner
The Director, Business Risk and Control Officer (BRCO) is a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. Serves as a Business Risk and Control leader, liaising...
Technology Risk & Controls Lead - Chase Consumer & Business Banking
As a Tech Risk & Controls Lead in Chase Consumer & Business Banking, you will be responsible for identifying, and mitigating compliance and operational risks in line with the firm's standards. Implement and, where needed, establish governance processes to reduce risk from failed internal processes, ...
Director Business Risk & Control Officer Compliance, Governance and Third Party Risk
The Director, Business Risk and Control Officer (BRCO) is a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. Serves as a Business Risk and Control leader, liaising...
Technology Risk & Controls Director - Chase Cybersecurity
As a Tech Risk & Controls Director in Cybersecurity and Technology Controls organization, you will play a pivotal role in shaping and implementing the firm's technology risk management strategy. You will collaborate with various stakeholders, including Product Owners, Business Control Managers, and ...
Risk Management - Business Banking SBA Credit Senior Officer - Associate
As a Credit Officer with in the Risk Team, you will provide the oversight, management and credit risk decision for new and existing extensions of credit and credit risk for the Business Banking line of business. You help the firm grow its business in a responsible way by anticipating new and emergin...
CTC Product Tech Risk and Controls Director
Oversee the Risk & Control Forum: Support technology updates to the line of business Control Committees; analyze metrics to inform on health and technology of the risk and control environment; identify existing or emerging technology risks; and contribute content for line of business Operational Ris...
Business Risk and Controls Advisor Senior - Quality Control
Responsible for supporting business leader adherence to the established risk framework and ongoing supervision of business controls including risk and control self-assessments, identification and evaluation of control effectiveness, identifying control failures, facilitating risk and compliance reme...