Risk Management Framework Implementation Lead

$111,408 - $189,738/Yr

Royal Bank of Canada - Los Angeles, CA

Full-time - Entry Level

Los Angeles, CA

Credit Intermediation and Related Activities

About the position

The Risk Management Framework Implementation Lead at City National Bank is responsible for supporting the ongoing management and implementation of the Enterprise Risk Management (ERM) Risk Management Framework. This role involves project management, managing ERM processes, and facilitating the integration of risk management principles across the organization, including oversight of relevant risk training.

Responsibilities

• Implement and monitor City National Bank's Enterprise Risk Management Framework according to current standards and regulations.
• Mature and execute regular reviews of the ERM Framework to ensure adherence to enterprise, regulatory, and industry standards.
• Gather expert knowledge of the evolving Enterprise Risk Management regulatory environment to inform governance mechanisms.
• Manage the ERM framework adoption and adherence monitoring process, including documentation and reporting.
• Support regulatory exams and audit engagements related to the ERM Framework.
• Lead and manage updates to ongoing ERM reporting and communication.
• Coordinate and support regulatory reporting obligations.
• Build and manage strong relationships with stakeholders and decision makers.
• Perform other duties as assigned.

Requirements

• Minimum 5 years of experience in financial services or risk management.
• Minimum 5 years of auditing, consulting, Enterprise Risk Management, or banking experience.
• Minimum 3 years of project management experience.
• Bachelor's degree in risk management, financial services, or related discipline.

Nice-to-haves

• Proficiency in MS Project, Excel, Word, Access, Power Point, SharePoint.
• Strong project management capabilities.
• Demonstrated ability to think critically and facilitate change through collaboration.
• Strong interpersonal, verbal, and written communication skills.
• Self-motivation and discipline with a proven record of delivering high-quality results.

Benefits

• Competitive salary range of $111,408 - $189,738 per year.
• Eligibility for bonus and/or commissions.