Executive Director- Enterprise Risk Programs (Remote)
About the position The SMBC MANUBANK Board of Directors and Senior Management are the key decision makers that drive the strategic direction of the bank. The 2nd Line of Defense (“2LoD”) Enterprise Risk Management (“ERM”) team is responsible for overseeing Strategic Risk at MANUBANK: and it does so by establishing and maintaining a robust Risk Governance Framework (“RGF”). MANUBANK's RGF is the foundation of all risk governance and risk management activities that occur within the bank, to promote the safety and soundness of the organization. This individual will be responsible for owning and executing core ERM programs and activities that support the RGF across MANUBANK's two business units: the commercial bank and the digital bank. The candidate will promote visibility and communication of MANUBANK's risk profile to the Board and Senior Management, by leading the execution of key programs including risk appetite, top-down enterprise risk assessment, and stakeholder communications.
Responsibilities
- Coordinate across the various 2nd Line of Defense Risk Vertical teams within the Chief Risk Office to ensure appropriate engagement and ongoing oversight of core ERM programs (risk appetite, risk assessment, committee reporting).
- Track, monitor, and communicate progress against 'March to $10Billion' assessment objectives to Senior Management and other key stakeholders.
- Review existing committee reporting content to identify and recommend content enhancements to focus on key messaging, watch and action items, follow up from previous committee meetings, etc.
- Manage the development and compilation of Enterprise Risk Management Committee (ERMC) reporting and Directors' Risk Committee (DRC) reporting.
- Publish annual calendar, timeline, and expectations.
- Establish quarterly agenda including approval and discussion items.
- Coordinate requests from various input providers.
- Act as a 'quality control' point for all materials that are submitted to ERMC and DRC.
- Enhance committee reporting by engaging with other ERM leads to develop key risk indicators (KRIs) and key performance indicators (KPIs) for all strategic risk areas and programs overseen by ERM.
- Spearhead content development and compilation of other stakeholder reporting requests under the direction of the Chief Risk Officer and Head of ERM.
- Evaluate opportunities for program and process enhancement based on MANUBANK CRO, Head of ERM, and parent company stakeholders.
- Develop and maintain program documentation for transparency and accountability.
- Manage ongoing calendar, timeline, and stakeholder engagement.
- Lead communications and program meetings (e.g., Annual Training, Review and Challenge sessions, Quarterly Metric Monitoring meetings, etc.).
- Produce reporting for inclusion in risk committee materials.
- Own and mature ERM's Quality of Risk Management (QRM) program.
- Prepare the QRM execution tool for completion by 2LoD Risk Leads on a quarterly basis.
- Maintain robust audit trail of quarter-over-quarter changes and adjustments to ratings.
Requirements
- Minimum of 12 years of experience in Risk Management.
- Bachelor's degree in Risk Management, Business, Finance, or a related field - OR an advanced degree/designation in Risk Management and 8 years' applicable work experience.
- Demonstrated functional experience in executing enterprise risk management programs, preferably in a financial services organization.
- Risk and/or Management Consulting experience is preferred.
- Excellent written and verbal communication skills, and the ability to respectfully challenge at all levels of management.
Benefits
- Competitive salary range between $200,000.00 and $255,000.00.
- Annual discretionary incentive award.
- Competitive portfolio of benefits.
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