What are the responsibilities and job description for the Enterprise Risk Manager position at Safra National Bank?
About Safra National Bank of New York
Safra National Bank of New York ("Safra National") is a nationally chartered U.S. Bank supervised by the Office of the Comptroller of the Currency and member of the Federal Reserve and the Federal Deposit Insurance Corporation (“FDIC”). Headquartered in New York, with a branch in Florida and representative offices in Brazil, Chile, Mexico, and Panama, Safra National is a leading private bank with a devoted team of relationship managers serving many sophisticated U.S. and international high net worth clients.
Description of the position:
Safra National Bank is seeking an Enterprise Risk Manager who will report directly to the Chief Risk Officer. The Enterprise Risk Manager will be responsible for the following functions: (1) Manage the daily activities of the Vendor Risk Management program; (2) Assist the Chief Risk Officer with execution of the Enterprise Risk Management framework; (3) Produce advanced risk reporting showing key insights, themes, trends.
Responsibilities:
Oversee all vendor risk management activities including onboarding, risk assessment, due diligence, contract management, reporting.
• Act as a subject matter expert in applying industry best practices for risk management in addressing governance, risk and control related matters.
• Monitor the organization’s risk management program in a manner that fulfills the mission and strategic goals of the organization while complying with external and internal requirements.
• Manage all components of a mature risk management program, such as metrics, scenario analysis, operational events, risk reporting, risk assessments, new products, governance documentation, deep dives, action plans, risk acceptances, employee education, information sourcing and sharing. risk profile assessments, risk appetite.
• Utilize best practices for data management and the ability to analyze large data sets to identify key risk themes and trends which are used to communicate messages through clear reporting.
• Investigate operational events for root causes and identify actions to reduce the risk of recurrence.
• Act as a subject matter expert on the organization’s risk system (LogicManager), including configuration, development, usage and education.
Desired Skills/Experience:
- Bachelor’s degree in a business related major is preferred.
- 7 years Risk Management experience.
- A proven history of managing vendor risk.
- Knowledge of risk dashboards and associated metrics to identify and quantify organization risks and present actionable conclusions to executive management.
- Risk management experience including acquaintance with risk management governance and controls.
- Strategic and tactical analysis, consultative, decision making and communication skills.
- Strong problem-solving skills and comfort in tackling intricate problems and breaking these down into controllable tasks.
- Strong interpersonal communication skills and ability to influence and advise staff level employees through members of the executive leadership team.
- Proficiency in Microsoft Word, PowerPoint, Excel is essential including effective use of advanced visualizations.
- Demonstrate a high level of knowledge with core banking products, such as credit/debit cards, deposits, money transfer channels (e.g. ACH, Wires, Swift, Checks), loans.
- Experience with Broker / Dealer activities, such as trading, settlement and market mechanisms preferred.
- An understanding of Model Risk, Compliance, Fraud, Operational Risk, Market Risk, Liquidity Risk, Strategic Risk, Reputational Risk, Information Security Risk, Information Technology Risk, Data Risk.
Safra National Bank of New York is an Equal Employment Opportunity
