Risk & Control Manager Job Description

Risk & Control Manager Job Description

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Risk & control manager provides environmental, health, and safety expertise to ensure compliance with all applicable federal, state, and local regulations, as well as company policy.

Risk & Control Manager Duties & Responsibilities

To write an effective risk & control manager job description, begin by listing detailed duties, responsibilities and expectations. We have included risk & control manager job description templates that you can modify and use.

Sample responsibilities for this position include:

Work closely with other risk managers in other locations to share key initiatives and best practices
Carry out regular and proactive resource planning to ensure the team is positioned to deliver against its mandate in the future
Ensuring communication forums are in place
Provide risk management support and guidance to the Banking Services Heads, Product Specialists and Shared Services Risk Leads
Develop and maintain strong relationships across divisions, business units and support services, including Technology, Legal & Compliance, Operations and Financial Control Group
Monitor and manage Information Security risk incidents and related risk issues impacting the Private Banking Group
Track, monitor and maintain a robust entitlement management program
Understanding risk profile and key business processes particularly in our American funds management businesses and where appropriate act as a catalyst for change
Reviewing and challenging business risk reporting, assessments, incidents, key risk indicators, projects and assurance activities
Reviewing new business initiatives

Risk & Control Manager Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Risk & Control Manager

List any licenses or certifications required by the position: CISA, CISSP, FSMA, CISM, CIA, HACCP, SSAE16, CFE, CBCP, CA

Education for Risk & Control Manager

Typically a job would require a certain level of education.

Employers hiring for the risk & control manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Accounting, Management, Economics, Information Systems, MBA, Statistics, Business/Administration, Education

Skills for Risk & Control Manager

Desired skills for risk & control manager include:

Health
Environmental
Federal
Worker's compensation laws and regulations
Local safety
State
Medical
Industrial security best practices and procedures
Regulation surrounding business
Hazardous chemical terminology

Desired experience for risk & control manager includes:

Schedules/manages review execution
Accuracy, volumes, timeliness
Remediates errors, completes re-testing as required within established time frames to support reporting
Ensure that the Feed Data Management Support incident, problem and change queues are managed according to Service Level Targets
Present demonstrations to technology and business stakeholders on the use of the technology toolsets within your remit, providing training to global audiences to ensure they are aware of the usage of these customer-facing toolsets
This role would suit individuals with minimum 8 years of experience in IT and or IT Security with at least 5 years experience in leading a team technology staff members in a global organisation

Risk & Control Manager Examples

1

Risk & Control Manager Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of risk & control manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk & control manager
  • Providing ongoing subject matter expertise on accounting and reporting for the fair value of financial instruments globally in accordance with ASC 815, 820 and 825
  • Recognizing and leading opportunities to drive efficiency and strengthen controls within the fair value and valuation processes
  • Developing and managing strong client relationships through interactions with internal and external business partners and maintain regular contact to ensure satisfaction levels remain high
  • Creating, updating and monitoring of compliance with accounting, SOX, finance and company policies
  • Participation in various ad hoc projects
  • Monitor Internal Audit/Regulatory findings and gaps and for timely resolution by the Business Unit
  • Represent the business unit in meetings relating to control and risk initiatives and projects
  • Prepare and deliver training on control and risk based activities as required
  • Introduce program management disciplines within the control function
  • Identify operational risks and emerging trends through analysis of assessment results, key risk indicators and risk event data
Qualifications for risk & control manager
  • Ability to deal with conflict in meetings with Director-level employees and negotiate the best possible solution
  • Have extensive experience (5 years) in a risk-based role, ideally in Identity & Access Management, ensuring that they understand the concepts of segregation of duty, a knowledge and understanding of the balance between authorized approvals & customer service
  • Strong background in Risk & Control, Audit & Compliance, or Project and Business Management is required
  • Project management, Bank Product knowledge & Presentation skills are a plus
  • Strong working knowledge of business software
  • Minimum 6 years of banking experience with good exposure to risk and control areas
2

Risk & Control Manager Job Description

Job Description Example
Our growing company is hiring for a risk & control manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for risk & control manager
  • Act as an escalation point for TS and Audit in the event of issues
  • Embedding Conduct Risk and regulatory compliance obligations within product development, pricing, and annual reviews
  • Implementing a review process for ensuring all procedures are accurate / up-to-date
  • Identifying, implementing and ensuring all metrics / KPIs are tracked for the KYC / ONB team
  • Ensuring all quality audits are performed and ensuring all follow-up actions are identified and actioned
  • Ensuring all Compliance testing is performed in a timely and accurate manner
  • Timely responses to decentralized teams questions & documentation requests
  • Review the Operational Risk Event’s (ORE) for completeness and analyse and record ORE’s on local and head office tools when criteria is met, ensuring integrity and accuracy
  • Reconciliation of ORE data to Finance GLs and head office reports
  • Collect risk data and update risk reports with accurate and timely data
Qualifications for risk & control manager
  • A thorough understanding of regulatory requirements in a financial services industry is required and the candidate to be experienced with interpretation, creation, and application of Technology policy and standards
  • In addition, the successful candidate should have highly effective written and oral communication skills both with senior Technology Managers and business partners
  • Regulatory background a plus
  • Trustee and paying agency experience working knowledge of custody operations
  • Direct experience with internal control program development and testing (design operating effectiveness) to ensure appropriate focus on key risks inherent in the significant business processes
  • Experience of using the full MS Office suite other MS tools such as SharePoint
3

Risk & Control Manager Job Description

Job Description Example
Our growing company is hiring for a risk & control manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for risk & control manager
  • Provide support to the KRI Global Working Group and other risk forums as appropriate
  • Be responsible for producing reporting within agreed timescales
  • Ensure Internal Audit and RCA issues are tracked and updates are received in a timely manner
  • Provide assistance in AML requirements for all new product/service offerings
  • Refer any/all significant AML issues to the Director of AML Business Risk
  • Collect information and statistics as required for Business Unit AML Reporting
  • Ensure Policies and Procedures are appropriately communicated to the Business Unit
  • Coordinate the follow-up of recommended actions identified in transaction monitoring
  • Coordinate the risk assessment data refresh process for all CB&L products
  • Remain current on all AML training
Qualifications for risk & control manager
  • At least Bachelor graduate in Computer Science/Information Technology or equivalent work experience with minimum of 5 years
  • Experience with Identity and Access Administration esp
  • Professional certifications like CISSP/CISA/CISM/CRISC will be advantageous
  • MBA or a masters degree in Finance, Risk Management, Operations or similar discipline
  • Experience in creating an effective RCSA (Risk Control Self Assessment) process
  • Familiar with the firm's Operational Risk Database, Phoenix, and Business Objects
4

Risk & Control Manager Job Description

Job Description Example
Our company is looking to fill the role of risk & control manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for risk & control manager
  • Oversee and coordinate LOB specific corrective actions in response to regulatory and/or internal findings
  • Ensure compliance with board approved policies (within and outside treasury)
  • Ownership of the treasury control agenda (ensure effective and efficient control set, ensure compliance)
  • Owning Credit risk management for treasury counterparties, daily monitoring of credit limits, annual and ad hoc review of Board approved credit limits, ensuring counterparty risk is appropriately monitored and assessed
  • Determine and monitor key Treasury control processes
  • Market Activity and Control meeting ownership
  • Leading the Treasury Risk Management Committee
  • Ownership of compliance and policy education programme for Treasury team
  • Treasury projects support from risk and control point of view
  • Segregation of duties issues, process, implications
Qualifications for risk & control manager
  • Strong computer skills, including Word, Excel, PP, Adobe
  • Lead, Promote and Contribute as an SME to proposing and building the required proactive risk culture that aligns with Enterprise Objectives
  • Develop and lead a team that provides a challenging and engaging work environment
  • Provide thought leadership to drive program changes in corporate risk programs
  • Contribute to the achievement of business objectives by minimizing and preventing recurring risk issues
  • Consulting background in IT Risk & Control in Strong Regulatory and Statutory domains
5

Risk & Control Manager Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of risk & control manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for risk & control manager
  • Drive forward risk analytics and intelligence for Treasury allowing greater consideration of future risk areas
  • Ensure adherence to risk and control standards through effective challenge related to Control Design Reviews and Control Effectiveness Ratings, and monitoring of RCSA corrective action plans
  • Working with Enterprise Risk Management and Business Units to ensure risk assessments (at both process and product level) are appropriate and align with business strategies
  • Establishes partnerships and working groups among Business Stakeholders, GRC LT, SMEs, Compliance, Legal & Technology teams to create synergies
  • Own and maintain the IT TPM SOP including all activities associated with the update of other associated Master Activity documents
  • Support the delivery of a comprehensive inventory of TPS
  • Assists with the definition of a reporting and analytics program
  • Red Flag” deposition {e.g
  • Own and support all TPS Assurance Review activity based on demand plan analysis working with GRC BU IT teams through matrixed delivery
  • Champion key service excellence initiatives & monitor progress across the department
Qualifications for risk & control manager
  • Bachelors Degree and / or 6-8 years of professional experience related in the financial services industry, with a focus on management and oversight of operational risk and controls, understanding and review of business processes
  • Strong project management skills and the ability to drive business processes to effective conclusion
  • A strong individual contributor that can drive change in the risk mindset of business piers by education on risk and control related matters and driving and demonstrating value of various business initiatives
  • Experience with conducting / overseeing or being involved in business audits
  • Demonstrable ability to successfully interact with internal and external business partners
  • Lean Six Sigma Experience would be a plus

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