Head Of Non-Financial Risk (Remote)

ABOUT THE ORGANIZATION:

Manufacturers Bank was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.

Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.

To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.

Specialties:

Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services

JOB SUMMARY:

2nd Line of Defense (2LoD) Non-Financial Risk Lead is responsible for owning and maintaining MB's Non- Financial Risk frameworks, polices and related 2LoD assessment/oversight activities. As a member of MB's 2LoD Risk Management Leadership, the Non-Financial Risk Lead manages a team of individuals that provide oversight over specific operational risk disciplines and collaborates with other Risk Management Leadership on broader risk initiatives.

DUTIES & RESPONSIBILITIES:

• Partner with SMBC Operational Risk Management to oversee the implementation and execution of Risk and Control Self-Assessments (RCSAs); Guide business unit partners in creating and/or reviewing RCSA documentation to ensure consistent use of established frameworks and risk taxonomy; Conduct review and challenge of the business unit's RCSA to ensure risk is properly identified and assessed.
• As a core member of the commercial banking unit's risk management leadership, contribute to the overall success of the operational risk team by supporting growth and development of direct reports and driving impactful engagement with stakeholders across the Three Lines of Defense.
• Partner with Enterprise Risk Management and the Chief Risk Officer to design and manage operational tolerances, limits, guidelines, and key risk indicators for verifying that the Business is operating within the organization's Risk Appetite; Develop internal dashboards and management reporting to ensure effective monitoring and escalation of operational risks.
• Drive 2LoD operational risk oversight by owning and maintaining the Non-Financial Risk Management Framework, Operational Risk Management policy, and other supporting policies for operational risk specific disciplines; Collaborate with MB Risk Leadership to ensure that all non-financial risks are appropriately addressed and cared for within governing documents and oversight practices; Develop and deliver training to ensure Non-Financial Risk principles and obligations are well-understood across the organization.
• Own the MB Issue Management and Business Change Management Policies and support the business to effectively implement issue and change procedures, processes, and controls; Provide oversight and guidance for the Business's assessment and disposition of operational risk events; Coordinate with SMBC to ensure operational losses and near misses are appropriately captured in loss reporting; Analyze the root cause of process breakdowns to identify trends and recommend appropriate control improvements.
• Instill a strong culture of Non-Financial Risk Management; Sponsor and oversee MB's Non-Financial Risk Management Committee; Manage a team of individuals responsible for providing 2LoD oversight over specific operational risk disciplines.

POSITION SPECIFICATIONS:

Education: Bachelor's degree or equivalent.

Skills/ Qualifications:

• Experience managing and motivating people, delegating tasks, coaching, and serving as a mentor.
• Proven ability to quickly understand complex operational processes, effectively scope assessments, manage projects, and influence up and down across divisions; Experience evaluating and designing controls; conducting risk and/or impact assessments; identifying control gaps; and remediating risk.
• Working knowledge of applicable federal and state regulations, standard bank processes, and industry best practices.
• Ability to be a leader across a matrixed organization — leading their own team as well as others.
• 12+ years of experience in financial services, with significant experience in operational risk management, first line process and control ownership and execution, or related areas.
• Solid working knowledge of both commercial and consumer banking, with expert-level competency in either commercial or consumer banking required.
• Knowledge across operational risk types (execution, delivery, & process management; internal fraud; external fraud; employment practices; business practices; business disruption and system failures; physical asset damage; third party risk management; etc.) and expertise in one or more specific operational risk disciplines — expert-level knowledge in a few risk types, with exposure across others.
• Certification in risk management a plus (CRMA, CERP, CRM).
• Strong analytical and quantitative skills; Excellent written and verbal communications skills; Ability and willingness to negotiate internally, often at a senior level.

CCPA Disclosure:

This California Consumer Privacy Act Disclosure ("CCPA Disclosure") explains how MB collects, uses, and discloses personal information subject to the California Consumer Privacy Act ("CCPA") as amended by the California Privacy Rights Act ("CPRA"). It also describes the privacy rights of California residents under the CCPA and how they may exercise those rights.

This CCPA Disclosure applies solely to California residents and supplements all other applicable MB privacy policies and notices.

Website: https://www.manufacturersbank.com/footer/Privacy-Security-Disclosures/California-Consumer-Privacy-Act-CCPA-Disclosure