This is a full-time career opportunity based out of our corporate headquarters in Lancaster, PA.
Oversees the design, development, oversight, and execution of risk management programs, services and activities under the implementation of Fulton Financial Corporation's Enterprise Risk Management policy and framework.
Manages and participates in activities that aid in the development, implementation, execution, maintenance, and oversight of appropriate risk management programs, processes, and technology. Ensures that the risk management program and services implementation strategy under their management, and all associated tactical plans, align with Fulton Financial Corporation's strategy, enterprise risk management policy, framework, and Risk Appetite Statement. Responsible to lead a group of risk management professionals. Responsible to address and solve complex challenges, taking a broad perspective in identifying best practice solutions. Entails a high degree of sensitivity to and expertise in bank operations, technology, compliance risk management systems, governance, risk and compliance platforms, financial institution operational risk management practices, internal controls, associated industry standards and frameworks. Prepares reports related to risk management activities.
Oversees and participates in activities that ensure Fulton Financial Corporation's risk management culture is embedded within the organization. Continuously strives to improve and strengthen the organization's understanding of risk management activities, policies and procedures across Fulton Financial Corporation and its affiliates. Prepare and deliver high quality executive level risk management reports to senior management, management level risk committees and board level committees. Possess a curious mind, take initiative, be accountable, maintain integrity, maintain credibility, and work well with others as a team. Manages direct report activity, mentors and coaches Risk Management team members.
Oversee and manage the design, implementation, management, and delivery of various risk management program services and activities. Broad responsibilities overseeing the assessment and reporting of risks across multiple domains of risk. Design, implement, administer, maintain, and continually improve risk management services and programs including interactions with other specialist risk management groups and personnel across the corporation. Lead a team of risk management professionals by providing direction, leadership, and management oversight to ensure timely and appropriate execution of activities. Support the development and execution of the enterprise risk management roadmap, manage, and participate in large initiatives designed to deliver the next generation risk management program for the enterprise. Strengthen the first line of defense risk management activities by implementing process, product, and business activity risk and control standards, enterprise taxonomies, designing, documenting requirements and managing the enterprise Governance, Risk, and Compliance platform initiatives including issue and incident management tracking and reporting. Develop strategy for the efficient and effective delivery of risk advisory services in a timely, regular, methodical, and well-documented manner. Establishing and requiring adherence to consistent standards for the communication, execution, documentation, quality control and reporting of program activities and results. Maintain an effective system of internal control in the department's activities. Review, interpret, and stay apprised of applicable laws, rules, regulations, and industry best practice standards to adapt the program accordingly. Prepare and deliver executive level reports and analysis to appropriate management, governing boards, and bodies. Coordinate risk management activities with those of other functions and groups within the Enterprise Risk Management function as well other specialist independent risk management functions or units to ensure the effective and efficient performance of each component of the Enterprise Risk Management Program. Provide risk management advice, resources, credible challenge, and oversight to the organization's stakeholders.
Assist in selecting, engaging, managing, and overseeing consulting firms or other service providers to support the timely and quality execution or implementation of initiatives. Effectively communicate and work with senior levels of company management, line of business leaders, product managers, internal and external auditors, and examiners. Lead committees, task forces, and meetings with broad stakeholder groups. Assist in the ongoing development and implementation of the enterprise risk management strategy, vision, and plan. Coach and lead team members in establishing and maintaining effective working relationships across all levels of management within the business as well as maintaining high standards in risk management service delivery to the corporation. Maintain knowledge of new and amended legal, regulatory, operational, and market practices.
Bachelor Degree in accounting, economics, finance, math, quantitative econometrics, or quantitative finance (Required)
Master Degree in accounting, economics, finance, math, quantitative econometrics, or quantitative finance (Preferred)
7 or more years in compliance, external audit, internal audit, risk management, regulatory supervisor, or applicable experience preferably within the commercial banking industry (Required)