IAM Risk Advisor-1st LOD

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 

1. Provide strategic and tactical effective challenge for all risks present within the Business Unit (BU). Concur with key risk decisions and escalate unacceptable or key emerging risks to BU CRO and/or Business Unit Risk Committee.

2. Guide risk-taking behavior. Provide counsel and advice to BU and senior BU leaders.

3. Monitor risk exposures, concentrations and limits. Ensure risk levels stay within risk appetite.

4. Opine on new or revised risk program requirements to confirm they are consistent with the Bank’s risk appetite, regulator expectations and industry standard.

5. Identify areas of opportunity to improve risk visibility within BU; develop and implement plan to transform opportunity into new processes ...