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Risk Officer I - Regulatory Relations

First Citizens Bank
United States, North Carolina, Raleigh
4300 Six Forks Road (Show on map)
Mar 05, 2025
Overview

This role may be hired in several markets across the United States with the preferred location in Raleigh, NC, where the expectation would be to come in the office 3-4 days a week.

This position will play a key role in Regulatory Relations centralized oversight function. This Second Line of Defense role is responsible for assessment and oversight of risks taken by the Bank. Oversees First Line of Defense activities through objective risk assessment, effective challenge, monitoring and reporting of the Bank's Risk Profile, including top and emerging risks. Facilitates the development of analyses and reports to support the appropriate identification, assessment, monitoring, and reporting of new or existing risks. Assists in the review and enhancement of internal controls. Consults on risk management techniques, practices, and procedures that protect the Bank from loss or exposure. Maintains a strong knowledge of new or emerging risk management methodologies through professional networking and industry involvement. Develops collaborative partnerships with internal departments, external auditors, regulatory agencies, and other stakeholders to support the company's Risk Management Framework.


Responsibilities

  • Risk Oversight & Monitoring - Provides objective oversight of risks through effective challenge using defined methodologies and subject matter expertise. Facilitates the development of analyses and reports to support the appropriate identification, assessment, monitoring, and reporting of risk. Supports projects, including key risk management framework initiatives, that improve risk management capabilities. Assists in review and consultation to promote the enhancement of internal controls.
  • Risk Management Proficiency - Maintains a strong knowledge of risk management developments or changes within the organization, industry, and broader external operating environment. Develops active relationships within professional networks to stay current on emerging issues and regulatory requirements.
  • Business Support - Provides support for business programs, initiatives, and leaders. Serves as a consultant on risk best practices, processes, and regulatory requirements. Facilitates reporting and interdepartmental collaboration.
  • Exam Support - Assists with internal audits through partnership with both internal and external auditors. Ensures that all auditing or exam preparatory needs are met.

Qualifications

Bachelor's Degree and 4 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting OR High School Diploma or GED and 8 years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting

Preferred Education: Advanced DegreePreferred Area of Experience: Enterprise Risk Management or Operational Risk ManagementLicense or Certification Type: null nullSkill(s): Experience working with Governance Risk and Compliance applications, Knowledge of risk techniques and practices

This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is generally between $73,023 to $120,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

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