What are the responsibilities and job description for the Director, Enterprise Risk and Compliance position at Bridgestone Americas?
Company Overview
Wherever you work and whatever role you fill, when you represent the Bridgestone name you know that you are a valued teammate who is part of our larger mission to Serve Society with Superior Quality. We start by offering each teammate more than just a salary. We provide formal training, competitive performance incentives, paid vacation and holidays, healthcare packages for full-time and part-time employees, and a 401k plan to help build your future. We believe people can only provide superior service and quality to others when they are allowed to bring their whole selves to work and know they are supported. We believe in championing all perspectives, individuals and teams because we understand the importance of seeing the world and our business through many different lenses. We are building a team as diverse as the world we serve. So, show us what you are made of. Show us the smart stuff, the tough stuff, the bold, beautiful and brave stuff. Because who you are is what we need. Bridgestone Americas, Inc. is headquartered in Nashville, Tennessee and is the U.S. subsidiary of Bridgestone Corporation headquartered in Japan. Bridgestone Americas and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand products to address the needs of a broad range of customers and industries.
Position Summary
We are seeking a Director, Enterprise Risk and Compliance like you to join our amazing CFNA team.
The Head of Risk, Compliance, and BSA will maintain CFNA’s Enterprise Risk Management, Consumer Compliance, BSA/AML/OFAC, and Third-Party Risk Management functions.
We offer a variety of experiences to help you build the career that matters to you.
Responsibilities
In this role, your primary responsibilities will include:
Primary Responsibilities:
- Executes the Enterprise Risk Management Framework for the business.
- Leads the BSA/AML/OFAC Risk Management Function.
- Oversee the maintenance of the Compliance Risk Management Function.
- Oversee the maintenance of the Third-Party Risk Management Function.
- Directs the risk management activities in accordance with applicable laws, regulations, regulatory guidance, and policies approved by the Board of Directors.
- Monitors the organization’s risk management programs in a manner that fulfills the mission and strategic goals of the organization while complying with external and internal requirements.
- Perform second line of defense responsibilities, including assessing the aggregate risk being taken and reviewing and effectively challenging business and operational unit strategies, initiatives, risk assessments, and risk mitigation and control activities.
- Build out the second line of defense and effectively manage, motivate, and develop a high-performing team of risk management professionals.
- Review business and operational unit information, reports, risk remediation plans, and risk acceptance requests.
- Serve as CFNA’s Bank Secrecy Act (BSA) Officer and Office of Foreign Asset Control (OFAC) Officer by coordinating and monitoring the day-to-day compliance activities related to AML and OFAC.
- Revise related policies and procedures as needed. Keep abreast of changes in related laws and regulations and communicate to applicable personnel. Develop and provide related training to appropriate personnel. Perform additional duties as specified in the Anti-Money Laundering Policy.
Additional Responsibilities
- Analyze root causes and trends that could lead to heightened risk and assist management in implementing corrective actions where appropriate.
- Review and makes recommendations to the Board of Directors regarding the enterprise risk management framework, risk appetite statement, risk limits, and the establishment or revision of risk management policies.
- Report the aggregate risk position periodically to the Board/Directors Risk Committee/Management Risk Committee.
- Liaise with internal and external risk management stakeholders as required to address issues including the risk programs’ structure, effectiveness, or key findings.
- Maintain a compliance environment that encourages all bank employees and contractors to report suspected fraud and other improprieties without fear of retaliation.
Bachelor’s degree ; 10 years of relevant experience including 7 years management or leadership experience. Or Master’s degree; 8 years of relevant experience including 5-7 years management or leadership experience
We are building a team as diverse as the world we serve. We believe in championing all perspectives, individuals, and teams. If you find this opportunity compelling, we encourage to apply.
