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Company: City National Bank
Location: Los Angeles, CA
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

MANAGER IT RISK STRATEGY

 

WHAT IS THE OPPORTUNITY? The Risk Strategy Manager will serve as trusted advisor, confidential thought partner, and act as sounding board to the Executive, Head of Technology Risk Manager (HTRM). The function will be integral in developing IT Risk Manager's function strategy e.g. identification and development of workstreams in partnership with the Head of IT Risk Manager. The role will drive and manage all FLoD IT Risk routines to ensure appropriate oversight, monitoring and escalation to senior leadership / CIO as needed for efficient risk management. In addition, this function manages and develops risk reporting and metrics to support all FLoD IT Risk routines, including regulatory oversight, issues management, risk advisory updates, escalations of past due / coming due items. The individual will manage a team of risk professionals and serve as an extension of the Head of Technology Risk Manager, command meetings or discussions, enables collaboration and drives progress forward. The function will help teams interpret, understand, and carry out the Technology & Innovations Risk Management vision and strategic plans. The function will act as proxy and information funnel, filter, and facilitator for the Technology & Innovations Risk Management function. The function will address issues/respond to as many inquiries as possible prior to reaching the Head of Technology Risk Manager. He/she represents the HRTM's point of view, helps to making decisions, as needed, in HTRM's absence.

 

What you will do
  • Manages and functions as a SME, in conjunction with the Head of Technology Risk Manager (HTRM), develop and carryout functional strategies
  • Articulate the strategies across the organization and varied audiences and be able to provide status updates on progress and any impediments they arise
  • Be naturally curious, ask questions and raise concerns as needed, find the importance and satisfaction in “doing” the execution
  • Use organizational skills to manage a portfolio of projects for the HTRM and help to drive to completion
  • Helps the HTRM prioritize projects, business as usual tasks and clearly articulates the focus on high priority projects/initiatives
  • Provide analysis, recommendations, and options regarding decisions to be made or problems to be solved
  • Attends and facilitates complex, cross-developmental discussions to ensure valuable decisions are made and carried out
  • Manages or helps manage the executive's communications, brand, and relationship in the organization
  • Develop and communicate key messages to Senior Managers/Leaders and Regulators (Office of Comptroller of the Currency (OCC); Federal Reserve Board (FRB etc.)
  • Use a combination of soft skills, via servant leadership approach, be tactful and use discretion with confidential information to get to accomplishments
  • Possess a learning orientation, be able to balance organizational and flexibility skills, be a coach to staff and peers as needed
  • Be able to connect dots to drive activities to ensure deliverables are met by the teams within the respective function(s)
  • Recruit, develop and retain key talent, ensuring that the resources dedicated to risk management are effective in carrying out the required function

Must-Have*

  • Bachelor's Degree or equivalent
  • 10 plus years of experience working at a major financial institution on audit and/or management initiatives programs, including management responsibilities
  • 8 plus years of experience in IT risk and control
  • 5 plus years of related supervisory experience

Skills and Knowledge

  • Strong knowledge of business banking, real estate banking, capital markets, lending, payment operations etc.
  • Deep understanding of risk management, including experience executing risk assessments, testing, and evaluating processes and controls
  • Strong knowledge of critical domestic and internal banking regulations and experience with enforcement agencies' oversight activities (regulatory exams, consent orders etc.) within globally systemically important financial institutions' technology environments
  • Ability to excel at developing and communicating key messages to senior managers and regulators (Office of Comptroller of the Currency (OCC); Federal Reserve Board (FRB etc.)
  • Deep Understanding of regulatory requirements and/or industry standards for exam preparation
  • Strong knowledge and experience with U.S. regulatory, compliance, and governance and experiencing interacting with the regulators
  • Strong leadership, people management, and influencing skills; proven strengths in relationship development and leading through influence across multiple stakeholders
Compensation Starting base salary: $122,535 - $208,715 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

 

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.

 

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'

 

ABOUT CITY NATIONAL We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.


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