[Remote] Director Business Risk & Controls Advisory
Note: The job is a remote job and is open to candidates in USA. First Citizens Bank is seeking a Director of Business Risk & Controls Advisory to manage risk programs and activities across business units. The role involves overseeing risk governance, reporting, and program implementation while providing strategic guidance and managing a team of associates. Responsibilities • Works with Business Risk & Controls leader and senior management to create risk management strategies ensuring key risks are appropriately managed and are aligned. • Provides BU risk considerations for business and/or strategic plans. • Effectively challenges risk programs outputs, ensuring bank and regulatory alignment. • Manages and recommends enhancements to internal controls, ensuring control testing is in place and results are in line with the Control Standards. • Oversees the development of BU risk reports that provide comprehensive view of risks that impact the BU and monitors BU risk and control performance. • Identifies and summarizes Top and Emerging trends and actions needed to address impacts. • Ensures established BU Risk Limits are appropriately incorporated into core processes and are aligned with the Bank's risk appetite. • Advises BU senior leadership in relevant risk governance meetings, utilizing an understanding of the BU operations, risks, controls and related laws and regulatory guidance. • Ensures timely communication around current and emerging issues and regulatory requirements. • Provides feedback and collaborates on relevant governance documents to support BU activities and manage risk. • Supports the implementation of risk program policies, standards and procedures. • Coordinates risk assessments to evaluate and manage key risks. • Partners with BU and stakeholders to develop action plans and mitigation strategies to address root causes and prevent issue recurrence. • Coordinates with other functions (i.e. Compliance, 2LOD) to ensure alignment with broader risk management and governance objectives. • Participates in regulatory inquiries, examinations, and audits in collaboration with internal stakeholders along with regulatory submissions, response and reporting requirements, ensuring accuracy, completeness, and timely submission. • Monitor regulatory developments and findings and assesses their potential impact on the organization's risk profile and regulatory compliance. • Makes appropriate changes to team processes, procedures and efficiencies to meet objectives. • Manages the performance training and evaluation of staff. • Maximizes department achievements by providing professional development. • Participates in mandatory risk training and educates BU personnel on key risk programs and topics. • Develops and manages short- and long-term staffing needs. Skills • Bachelor's Degree and 10 years of experience in Financial Services, First Line Risk Management, Enterprise Risk or Operational Risk • High School Diploma or GED and 14 years of experience in Financial Services, First Line Risk Management, Enterprise Risk or Operational Risk • Risk Management Principles, Frameworks, Programs, and an SME within the Commercial Business (e.g., Relationship Mgmt., Sales, Portfolio Mgmt., Loan Administration / Middle Office, Underwriting / Credit, Products, Payments, FX, Trade Finance, Asset Mgmt., Syndications, Derivatives, Bond Tips, Corporate Banking, Middle Market Banking, and Commercial / Equipment / Asset / Real Estate Finance, etc.) • RCSA, Issues Mgmt., Mitigation Planning, Operational Risk Events, Risks & Controls Documentation, Control Testing, Risk Assessment, Risk Identification & Mitigation, Risk Profile / Tolerance / Appetite / Concentrations, Regulatory / Audit / Compliance / Testing Engagement Mgmt. & responses, Compliance SME, Credit SME, BSA/AML SME, International SME, Governance, Oversights, Model Risk, Third Party Risk, Risk Reporting, Metrics, Analytics, Communications, and Project Mgmt. • Knowledge of operational and enterprise risk management, including identification, assessment, and escalation of risk issues. • Ability to track and coordinate large complex processes. • Knowledge of regulatory guidance pertaining to enterprise and operational risk as well as risk control frameworks. • Management in Financial Services, Project Management, Internal or External Consulting • Finance or Risk Management • CRCM, PMP, CERP, CAMS; ISACA CISA, ISACA CRISC Benefits • Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. Company Overview • First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more. It was founded in 1898, and is headquartered in Raleigh, North Carolina, USA, with a workforce of 10001+ employees. Its website is Company H1B Sponsorship • First Citizens Bank has a track record of offering H1B sponsorships, with 102 in 2025, 115 in 2024, 249 in 2023, 53 in 2022, 12 in 2021, 9 in 2020. Please note that this does not guarantee sponsorship for this specific role. Apply tot his job