What are the responsibilities and job description for the Operational Risk Program Manager position at Sunflower Bank NA?
Description
Denver, CO – Must be local to Denver, CO
MUST HAVE: Direct experience executing and/or developing operational risk programs, including RCSA, new/modified products and services, operational loss reporting, and other operational risk-related projects
MUST HAVE: In-depth knowledge of operational risk management practices and regulatory requirements
MUST HAVE: Excellent communication skills – verbal and written
Salary: $125k-$145k depending on knowledge, skills, abilities, experience, and location.
Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Operational Risk Program Manager at our Denver, CO location.
Summary
The Operational Risk Program Manager is responsible for performing second line of defense activities for the development, implementation, and execution of the organization’s Operational Risk Management (ORM) program. This role oversees the first line of defense activities through objective risk assessment, effective challenge, monitoring, and reporting of Sunflower Bank’s risk profile, including top and emerging risks.
Primary Responsibilities
- Creates and maintains team owned policies, standards, and/or procedures for ORM processes, including but not limited to, the Risk and Control Self-Assessment (RCSA) program, operational risk monitoring and reporting, and change risk management
- Leads project execution related to design and maturation of Operational Risk Management Programs while supporting other risk pillars
- Engage with, influence, and lead business-line partners at all levels within the organization, participate in governance and management committee reporting, and ensures consistent application of the operational risk program throughout the three lines of defense
- Maintains a strong knowledge of operational risk management developments or changes within the organization, industry, and external environment and communicates the applicability through reporting, training, and/or updates to risk assessments
- Develops and/or maintains active relationships within professional networks to remain current on emerging risks, best practices, and regulatory changes
- Consults on risk management techniques, practices, and processes to protect Sunflower Bank from operational losses
- Leverages subject matter expertise to provide objective oversight of risks via effective challenge
- Facilitates reporting and interdepartmental collaboration, including identification for new and challenge to existing Key Risk Indicators (KRI)
- Identifies gaps and opportunities for enhancement of controls
- Participates in internal audits and regulatory examinations, including gathering and providing documentation to support requests
- Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company
- Responsible for upholding the Code of Ethics and Conduct guidelines
- Perform other duties as assigned
Education / Experience
- Bachelor’s degree, Business or Finance preferred
- Five to seven years of experience working in risk management, operational risk management experience preferred, internal audit, regulatory agency, line of business to be supported, or any combination of the aforementioned
- Experience with risk identification, assessment, and mitigation of material operational risks
- Direct experience executing and/or developing operational risk programs, including RCSA, new/modified products and services, operational loss reporting, and other operational risk-related projects
- In-depth knowledge of operational risk management practices and regulatory requirements
- Expertise in RCSA, control testing, and key risk indicators development and management
- Ability to manage duties independently with limited supervision
- Embody a solution-focused perspective with ability to proactively offer strategic recommendations
- Strong analytical and critical thinking skills
- Understanding of project management techniques and change management principles
- Excellent communication skills – verbal and written
- Experience in credibly challenging peers and senior leaders
- Strong organizational skills
- Ability to maintain the highest level of confidentiality
- Proficiency using SmartSheets and Microsoft Office Suite – bonus for PowerBI expertise
- Ability to establish trust-based relationships with stakeholders across the enterprise
- Strong team player who is open to listening, understanding, and collaborating with senior management when introducing new ideas
Sunflower Bank Benefits
Employees enjoy outstanding benefits, including:
- 401(k) Plan with 6% Match
- Health/Dental/Vision Insurance
- Company-paid Life Insurance
- Tuition Reimbursement
- Fitness Reimbursement
- Paid Time Off
- Volunteer Leave
- Paid Holidays
- Plus many more employee perks & incentives!
People choose to “bank” with us, but for those we serve, we’re more than a bank. We strive to be the financial backbone of their lives and we know that starts with our team.
If you qualify, apply online at www.sunflowerbank.com/careers.
You’ve never worked anyplace like Sunflower Bank!
EOE/AA: Minorities/Females/Disabled/Vets
Open until filled; early application encouraged. This vacancy announcement may be used to fill similar positions within 90 days.
If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy.
Denver, CO – Must be local to Denver, CO
MUST HAVE: Direct experience executing and/or developing operational risk programs, including RCSA, new/modified products and services, operational loss reporting, and other operational risk-related projects
MUST HAVE: In-depth knowledge of operational risk management practices and regulatory requirements
MUST HAVE: Excellent communication skills – verbal and written
Salary: $125k-$145k depending on knowledge, skills, abilities, experience, and location.
Salary : $125,000 - $145,000
