Global Wealth Chief Administrative Office: Risk & Controls – Issue Management an

The Business Risk and Control Sr Officer I is a strategic professional who closely follows the latest trends in their field and adapts them for application within their job and the business. Typically, a small number of people within the business provide the same level of expertise. Excellent communication skills are required to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required to guide, influence, and convince others, particularly colleagues in other areas and occasional external customers. This role is accountable for significant direct business results or authoritative advice regarding the operations of the business and necessitates a degree of responsibility over technical strategy. It primarily affects a sub-function and is responsible for handling staff management issues, including resource management and allocation of work within the team/project. Responsibilities: Work with Management on governance and the facilitation of the execution of the Manager Control Assessment (MCA, i.e., Risk & Control Self-Assessment) as required by the MCA Standard, including the assessment and appropriate approval of risks associated with business changes. Accountable for the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy, Lesson Learned Policy, and Control Inventory. Ensure the identification of issue root causes, partnering with control and process owners to recommend holistic corrective actions and improvements, providing check and challenge to ensure appropriate escalation in accordance with Issue Management and Escalation Policies. Direct teams in the implementation of the Lessons Learned Policy, including monitoring of control breaches and dissemination of learnings across other business units for process improvement to limit the occurrence of similar future events and where similar risk exposure might exist. Support management in the review and challenge process, within the FLUs, on the effective design and management of controls to mitigate risks as required by the Control Standards, including implementation and operation, conducting control monitoring, handling deficiencies, and escalating issues for resolution. With management, direct teams on the timeliness, accuracy, and completeness of the MCA through controls prior to the execution of a process (QC). Assess, with management, the adherence to the MCA Standard through controls after the execution of a process (QA). Assist management in exercising control over Operational and Compliance Risk in accordance with established Policy requirements. Help management allocate resources to identify, assess, escalate, and manage risk exposures across Risk Categories (Operational Compliance, Strategic, Reputational, etc.), including material, emerging, and concentration risks in accordance with enterprise Policies and the establishment of Key Indicators to monitor risk exposures. Assess, with management, Risk Appetite and monitor/assess exposures against this in accordance with enterprise requirements (if applicable). Take ownership to identify, assess, record, and respond to Operational and Compliance Risk events, ensuring these are captured accurately, timely, and in accordance with requirements. Responsible for ensuring that adequate governance and training are in place to support management of Risk profiles. Assess, with management, the risks associated with New Activities and changes to the Business, ensuring these are well understood and adequately controlled (if applicable). Support management on operational risk scenario analysis and stress testing for Operational Risk Capital requirements. Be responsible for risk and control assessments or coordination for programs within various risk stripes and ensure sufficient subject matter expertise exists to enable management of these risks within the Business (e.g., third party, fraud, sanctions, etc.) (if applicable). Take ownership to ensure that risk and control responsibilities and accountabilities are embedded within FLUs, including providing training and leading by example. Assist management in guiding and influencing standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management. Apply knowledge of the business, products, or services to identify and implement control points and processes throughout the business. Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding the group, its clients, and assets, by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues with transparency. Qualifications: 10+ years of experience. Familiarity with 3rd party risk models. Consistently demonstrates clear and concise written and verbal communication skills. SQL, Perl or Python, Matlab or R, Excel VBA. Database administrator experience is a plus. Education: Bachelor’s/University degree, Master’s degree preferred. Job Family Group: Risk Management Job Family: Business Risk & Control Time Type: Full time Primary Location: Jersey City, New Jersey, United States Primary Location Full Time Salary Range: $163,600.00 – $245,400.00

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