First Line Risk Manager Banking Ops

Job DescriptionIf you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!The First Line Control manager's role enables the Bank to embed dedicated risk and control professionals into the First Line Units. These individuals will help to facilitate meeting the First Line Unit responsibilities set forth in the Risk Management Framework, raise general risk awareness, and share controls best practices with Banking Operations colleagues. General role activities include:• Self-assessments, across applicable risk stripes, to identify and assess current and emerging risks.• Self-identification and self-reporting of inadequate controls (i.e., issues).• Issue remediation including sufficient evidence to support closure.• Managing and monitoring line-of-business risk metrics.• Documenting and reporting risk acceptances in applicable risk stripes.• Risk and controls-related training and communication.• Support control testing activitiesResponsibilities

Facilitate enterprise risk program execution, quality assurance and reporting.Support/ develop Banking Operations participation in RCSA, specifically process definition, control identification, procedural completeness, risk rating, and testing/ quality control opportunities.Drive effective Issue Management protocols within Banking Operation lines of business by ensuring issue are properly documented, risk rated, mitigation actions are sound and achievable within timeline, reporting status, chasing updates, issue maintenance through closure.Lead effective SOX control program executions, by ensuring controls are properly documented, understood by control owners, executed timely with quality, and managed.Participate in the creation, gathering an reporting of various risk/control/ performance metrics as related to Banking Operations business lines.Perform and document effective testing across a wide range of applications impacting clients and colleagues by coordinating test activities/deliverables and communicating all results with all stakeholders.Perform control testing across Bank Operations to ensure positive client experience while complying with regulations and carrying out the company's defined risk management.Create action plans with senior leaders to remediate any noted deficiencies.Help prepare reports to senior management and executive committees on risk programs results, unmitigated risks with strategies and efforts to address, and assists with regulatory examination preparation.Remain knowledgeable about the business risks, current and emerging.Provides support for special projects and initiatives as appropriate.

Skills, Education and Experience Required

BS in Economics, Finance, Accounting, Business Administration, or related field required; advanced degree preferred.Operational risk management, enterprise risk management, audit experience required, project management and banking experience preferredAble to manage and execute multiple complex projects within required timelines and expectations required.High level of professionalism, ability to effectively influence and develop relationships across the organization7+ years of experience working in a similar risk and control function either in first, second, or third line of defense.Meaningful experience in Consumer or Commercial Banking Operations or related financial services field.SOX testing experience, is a plus.

#LI-RS1The estimated salary range for this position is $100,000 to $110,000. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Minimum Salary: 100000.00 Maximum Salary: 110000.00 Salary Unit: Yearly