Pacific Premier
Risk Governance Manager
Pacific Premier, Irvine, California, United States, 92713
Description
The Risk Governance Manager, under the direction of the Deputy Chief Risk Officer, provides senior leadership of critical ERM functions. The Risk Governance Manager is responsible for implementing, maintaining, and providing continuous improvement of the Bank's enterprise-wide risk appetite, risk and control self-assessment (RCSA), and control testing methodologies, and for executing on those methodologies from the second line of defense. The Risk Governance Manager provides leadership and direction to the ERM risk assessment and control testing team, and must be able to effectively and independently collaborate with and influence first and second line of defense stakeholders. This position plays a critical role in helping to ensure Bank management and the Board of Directors are timely and accurately informed of the levels of risk within the Bank. Responsibilities also include ensuring complete and accurate risk appetite, RCSA, and control testing information capture within the Bank's PremierIQ GRC system (Archer) to support timely and accurate reporting. This position has a direct role preparing and providing information for, and participating in, audits and regulatory examinations. The Risk Governance Manager will recruit and develop a team to support execution of the Bank's program for first and second line of defense risk and control assessments, control testing and risk appetite metrics.The position will work closely with business line and executive management in carrying out the assigned duties. The Risk Governance Manager must demonstrate a broad understanding of banking functions and processes, excellent independent judgement with a minimal amount of supervision and direction, and perform a wide range of services, many of which are complex and confidential in nature.RESPONSIBILITIESIndependently manage RCSA activities including process mapping (workflows), business process hierarchy, risk and control taxonomy, and risk analytics and reporting.Ensure awareness of risk and control assessment expectations, ownership and accountability across the Bank.Maintain RCSA associated program supporting infrastructure including risk and control taxonomies, process hierarchy, and policies and procedures.Promote awareness of the Bank's risk frameworks, policies and standards.Support the Bank-wide coordination of the RCSA process in close collaboration with front line units to ensure consistency with sound risk management standards and internal policies and procedures.Independently manage the execution and enhancement of the second line of defense RCSA program.Serve as subject matter expert for first and second line of defense on risk and control inventories and assessments.Provide effective challenge to the first line of defense on risk and control inventories and assessments.Provide input, feedback, and challenge to risk and control assessment stakeholders for alignment within and across RCSA processes.Partner with other second line of defense subject matter experts to ensure collaborative risk and control inventories, assessments and credible challenge.Ensure awareness and implementation of the Bank's risk and control assessment program through training and monitoring.Define KRIs and KPIs for the identification of trends and areas of elevated risk exposure.Develop and provide management and board level reporting related to RCSA data and results.Develop and lead a team; responsible for hiring, coaching, performance management, training, and development of an ERM risk assessment department.Stay abreast of regulatory developments and updates related to risk management to ensure the Bank's compliance with applicable laws, regulations, and guidelines issued by relevant regulatory agencies.Responsible for providing leadership and guidance in the development, implementation and maintenance of the Bank's control testing program.Independently implement and maintain the Bank's internal control testing and effectiveness monitoring program including policies, procedures and testing calendar.Promote sound control testing culture across the Bank by supporting and providing oversight to the first and second line of defense control testing programs.Develop, oversee and maintain a timely and efficient ERM control testing program and calendar in collaboration with other testing departments to minimize business impact and ensure comprehensive control inventory testing.Manage an ERM second line of defense control testing team that works to identify, assess and test controls based on defined program requirements.Oversee management of identified control testing deficiencies, including identification of root causes and ensuring adequacy of remedial action taken to prevent recurrence.Independently oversee Bank-wide control testing programs, review control testing/quality reports and participate in initiatives and lead opportunities for improved controls efficiency and effectiveness reducing exposure to material risks.Ensure effective implementation of the Bank's control testing program across the first and second lines of defense through training, awareness and monitoring.Develop and manage the control testing team for training, compliance, capacity and personnel issues.Provide informed and valuable control perspectives to executive management.Act as central point of contact for receipt and distribution of control testing related information between first and second line of defense teams.Provide ongoing quality assurance that all business units and second line of defense functions are adhering to the applicable control testing policies, standards and procedures.Accountable for oversight, implementation and execution of the risk appetite statement metrics development, collection, validation and reporting methodologies.Contribute to the continuous development, enhancement, and communication of the Bank's Risk Appetite Statement, ensuring it accurately reflects the Bank's strategic objectives, risk tolerance, and evolving risk landscape.Support metric owners in timely and accurate risk appetite statement metrics submission.Conduct in-depth reviews to ensure disciplined and well-document approach to risk appetite metrics data collection and reporting.Monitor Key Risk Indicators, and report on negative/adverse trends and risk profile to maintain tolerance within Risk Appetite.Facilitate training to provide awareness of the Bank's risk appetite statement, framework and methodologies.Responsible for creating efficiency and resource strategy for risk appetite metrics validation and reporting program methodologies.Continuously evaluate the industry, market and regulatory environment to anticipate changes and help ensure appropriate risk appetite alignment and control structures with potential scenarios that may impact the Bank's risk profile.Other duties as assigned as needed to support the Enterprise Risk Management department.
QUALIFICATIONS10+ years of work experience in banking, with at least 5 years of leadership experience in managing an RCSA program.Experience developing RCSA and control testing with a strong understanding of enterprise risk management and risk appetite concepts, framework, methods, and governance practices.Experience in banking or similar industry with risk management responsibilities and exposure to enterprise risk management program.Knowledge of regulatory environment, processes, activities, requirements of a banking organization.Familiarity with GRC platform and reporting tools desired, Archer strongly preferred.Relevant professional certifications (e.g., CRCM, CERP, FRM, or equivalents) preferred, but not required.
A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $131,221 to $196,831. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit
https://www.ppbi.com/careers.htmlCA (Los Angeles applicants): Applicants are notified that the Company is an insured depository institution subject to the restrictions and requirements of Section 19 of the Federal Deposit Insurance Act (12 CFR 303) ("Section 19"). In accordance with Section 19, the Company will consider an applicant's criminal history after an applicant is made a conditional offer of employment. Qualified applicants with criminal conviction records will be considered for employment in accordance with the Los Angeles Fair Chance Ordinance. Section 19 may prohibit the Company from employing an applicant with criminal conviction(s) for fraud, breach of trust, embezzlement, mishandling of money or any crime of violence may have a direct impact on the job duties as set forth in the job description and such convictions may result in withdrawal of a conditional offer of employment in accordance with the Los Angeles Fair Chance Ordinance. Because of the nature of our business, a review of your criminal history is necessary to comply with Section 19 and to avoid substantial risk to our business operations and licensing.#LI-Onsite #LI-FG1Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
The Risk Governance Manager, under the direction of the Deputy Chief Risk Officer, provides senior leadership of critical ERM functions. The Risk Governance Manager is responsible for implementing, maintaining, and providing continuous improvement of the Bank's enterprise-wide risk appetite, risk and control self-assessment (RCSA), and control testing methodologies, and for executing on those methodologies from the second line of defense. The Risk Governance Manager provides leadership and direction to the ERM risk assessment and control testing team, and must be able to effectively and independently collaborate with and influence first and second line of defense stakeholders. This position plays a critical role in helping to ensure Bank management and the Board of Directors are timely and accurately informed of the levels of risk within the Bank. Responsibilities also include ensuring complete and accurate risk appetite, RCSA, and control testing information capture within the Bank's PremierIQ GRC system (Archer) to support timely and accurate reporting. This position has a direct role preparing and providing information for, and participating in, audits and regulatory examinations. The Risk Governance Manager will recruit and develop a team to support execution of the Bank's program for first and second line of defense risk and control assessments, control testing and risk appetite metrics.The position will work closely with business line and executive management in carrying out the assigned duties. The Risk Governance Manager must demonstrate a broad understanding of banking functions and processes, excellent independent judgement with a minimal amount of supervision and direction, and perform a wide range of services, many of which are complex and confidential in nature.RESPONSIBILITIESIndependently manage RCSA activities including process mapping (workflows), business process hierarchy, risk and control taxonomy, and risk analytics and reporting.Ensure awareness of risk and control assessment expectations, ownership and accountability across the Bank.Maintain RCSA associated program supporting infrastructure including risk and control taxonomies, process hierarchy, and policies and procedures.Promote awareness of the Bank's risk frameworks, policies and standards.Support the Bank-wide coordination of the RCSA process in close collaboration with front line units to ensure consistency with sound risk management standards and internal policies and procedures.Independently manage the execution and enhancement of the second line of defense RCSA program.Serve as subject matter expert for first and second line of defense on risk and control inventories and assessments.Provide effective challenge to the first line of defense on risk and control inventories and assessments.Provide input, feedback, and challenge to risk and control assessment stakeholders for alignment within and across RCSA processes.Partner with other second line of defense subject matter experts to ensure collaborative risk and control inventories, assessments and credible challenge.Ensure awareness and implementation of the Bank's risk and control assessment program through training and monitoring.Define KRIs and KPIs for the identification of trends and areas of elevated risk exposure.Develop and provide management and board level reporting related to RCSA data and results.Develop and lead a team; responsible for hiring, coaching, performance management, training, and development of an ERM risk assessment department.Stay abreast of regulatory developments and updates related to risk management to ensure the Bank's compliance with applicable laws, regulations, and guidelines issued by relevant regulatory agencies.Responsible for providing leadership and guidance in the development, implementation and maintenance of the Bank's control testing program.Independently implement and maintain the Bank's internal control testing and effectiveness monitoring program including policies, procedures and testing calendar.Promote sound control testing culture across the Bank by supporting and providing oversight to the first and second line of defense control testing programs.Develop, oversee and maintain a timely and efficient ERM control testing program and calendar in collaboration with other testing departments to minimize business impact and ensure comprehensive control inventory testing.Manage an ERM second line of defense control testing team that works to identify, assess and test controls based on defined program requirements.Oversee management of identified control testing deficiencies, including identification of root causes and ensuring adequacy of remedial action taken to prevent recurrence.Independently oversee Bank-wide control testing programs, review control testing/quality reports and participate in initiatives and lead opportunities for improved controls efficiency and effectiveness reducing exposure to material risks.Ensure effective implementation of the Bank's control testing program across the first and second lines of defense through training, awareness and monitoring.Develop and manage the control testing team for training, compliance, capacity and personnel issues.Provide informed and valuable control perspectives to executive management.Act as central point of contact for receipt and distribution of control testing related information between first and second line of defense teams.Provide ongoing quality assurance that all business units and second line of defense functions are adhering to the applicable control testing policies, standards and procedures.Accountable for oversight, implementation and execution of the risk appetite statement metrics development, collection, validation and reporting methodologies.Contribute to the continuous development, enhancement, and communication of the Bank's Risk Appetite Statement, ensuring it accurately reflects the Bank's strategic objectives, risk tolerance, and evolving risk landscape.Support metric owners in timely and accurate risk appetite statement metrics submission.Conduct in-depth reviews to ensure disciplined and well-document approach to risk appetite metrics data collection and reporting.Monitor Key Risk Indicators, and report on negative/adverse trends and risk profile to maintain tolerance within Risk Appetite.Facilitate training to provide awareness of the Bank's risk appetite statement, framework and methodologies.Responsible for creating efficiency and resource strategy for risk appetite metrics validation and reporting program methodologies.Continuously evaluate the industry, market and regulatory environment to anticipate changes and help ensure appropriate risk appetite alignment and control structures with potential scenarios that may impact the Bank's risk profile.Other duties as assigned as needed to support the Enterprise Risk Management department.
QUALIFICATIONS10+ years of work experience in banking, with at least 5 years of leadership experience in managing an RCSA program.Experience developing RCSA and control testing with a strong understanding of enterprise risk management and risk appetite concepts, framework, methods, and governance practices.Experience in banking or similar industry with risk management responsibilities and exposure to enterprise risk management program.Knowledge of regulatory environment, processes, activities, requirements of a banking organization.Familiarity with GRC platform and reporting tools desired, Archer strongly preferred.Relevant professional certifications (e.g., CRCM, CERP, FRM, or equivalents) preferred, but not required.
A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $131,221 to $196,831. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit
https://www.ppbi.com/careers.htmlCA (Los Angeles applicants): Applicants are notified that the Company is an insured depository institution subject to the restrictions and requirements of Section 19 of the Federal Deposit Insurance Act (12 CFR 303) ("Section 19"). In accordance with Section 19, the Company will consider an applicant's criminal history after an applicant is made a conditional offer of employment. Qualified applicants with criminal conviction records will be considered for employment in accordance with the Los Angeles Fair Chance Ordinance. Section 19 may prohibit the Company from employing an applicant with criminal conviction(s) for fraud, breach of trust, embezzlement, mishandling of money or any crime of violence may have a direct impact on the job duties as set forth in the job description and such convictions may result in withdrawal of a conditional offer of employment in accordance with the Los Angeles Fair Chance Ordinance. Because of the nature of our business, a review of your criminal history is necessary to comply with Section 19 and to avoid substantial risk to our business operations and licensing.#LI-Onsite #LI-FG1Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)