Sr Risk & Control Specialist

The Sr. Risk and Control Specialist, under the direction of the Risk and Control Manager, contributes to critical elements of the governance and administration of Risk Operations and Quality Control (ROQC) department. Key responsibilities include execution of the Risk and Control Self-Assessments (RCSA) and Issues Management programs, including providing the effective challenge of individual risk and control assessments, stakeholder communications, execution and reporting of program objectives, processes and initiatives, and accountability for the quality and timeliness of deliverables.

The Sr. Risk and Control Specialist is expected to contribute to the overall advancement and integration of core program objectives across the Bank, promoting risk and control communication for augmented transparency, decision making and risk optimization. The individual must communicate and collaborate effectively with senior management, colleagues, and teammates across all three lines of defense.

The position will work closely with business line management and staff in carrying out the assigned duties.

RESPONSIBILITIES

• Execute on the enterprise RCSA program in collaboration with first line of defense risk owners.
• Ensure that appropriate risk owners are designated.
• Coordinate and Host RCSA Kick-Off Calls.
• RCSA Content Creation and Deliverables.
• Provide effective review and challenge of management inputs into the RCSA, promoting accuracy and improvement.
• Train and facilitate risk owners to properly conduct and document RCSA process in PremierIQ (Archer).
• Provide guidance to risk owners regarding identifying risks, measuring risk impacts and identifying effective control process.
• Work with risk owners and senior managers to develop relevant and measurable key risk and control indicators.
• Ensure identified control gaps and failures are appropriately incorporated through Archer into RCSA results.
• Support senior management and ROQC leadership in ensuring that risks are mitigated to levels consistent with the Bank’s risk appetite.
• Make recommendations to policies, processes and procedures to improve risk optimization, mitigation, and reduce gaps.
• Engage and develop effective working relationships with business owners and support partners to support cooperative responses to risk management matters and issues.
• Communicate progress and report results related to assigned responsibilities on a regular basis to senior management.
• Promote risk awareness through consultative guidance on risk management program matters.
• Ensure compliance with enterprise-wide Issues Management program
• Ensure timely updates and transparency on progress of issue resolutions.
• Monitor the issues portfolio for the Bank, inclusive of regulatory matters and ensure new issues are linked to appropriate related control(s) within the control inventory.
• Escalate any critical decisions, roadblocks, or delivery issues to Senior Management, business line management and other stakeholders as appropriate.
• Partner across 1st,2nd and 3rd line of defense functions to contribute perspective on risk and control assessments and trends.
• Other duties as assigned.

QUALIFICATIONS

• 5 years of experience in banking or similar industry with exposure to risk management responsibilities in either risk and control assessments, compliance, internal audit, business operating or risk oversight function.
• Must have RCSA experience.
• Occasional travel up to 25%.

A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $67,226 to $112,043. Actual compensation will vary based on various factors including but not limited to location, experience, and performance.  A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position.  For more information regarding our benefits, please visit https://www.ppbi.com/careers.html

CA (Los Angeles applicants): Applicants are notified that the Company is an insured depository institution subject to the restrictions and requirements of Section 19 of the Federal Deposit Insurance Act (12 CFR 303) (“Section 19”). In accordance with Section 19, the Company will consider an applicant’s criminal history after an applicant is made a conditional offer of employment.  Qualified applicants with criminal conviction records will be considered for employment in accordance with the Los Angeles Fair Chance Ordinance.  Section 19 may prohibit the Company from employing an applicant with criminal conviction(s) for fraud, breach of trust, embezzlement, mishandling of money or any crime of violence may have a direct impact on the job duties as set forth in the job description and such convictions may result in withdrawal of a conditional offer of employment in accordance with the Los Angeles Fair Chance Ordinance.  Because of the nature of our business, a review of your criminal history is necessary to comply with Section 19 and to avoid substantial risk to our business operations and licensing. 

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Salary : $67,226 - $112,043