Risk Appetite, Strategic and Reputation Risk Manager
Job
Busey Bank
Champaign, IL (In Person)
$116,000 Salary, Full-Time
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Job Description
Position Summary The Risk Appetite, Strategic, and Reputation Risk Manager supports First Busey Corporation's management team and Board of Directors in the timely identification of Top and Emerging Risks, providing leadership with actionable reporting enabling management to proactively identify and manage risk. In this position, you will cultivate positive working relationships with management and the Board of Directors, providing thought leadership on emerging trends and industry best practices. Additionally, this role serves as the subject matter expert on Strategic and Reputation Risk, partnering with the Director of Financial and Model Risk to provide Risk Management's perspective on the Company's Strategic Priorities. This position plays a pivotal role in the maturation of the Company's Risk Management posture, providing you with exposure to the Company's leadership team and the opportunity to further your career in a growing financial institution. Duties & Responsibilities Manages the Company's Risk Appetite Framework, developing a comprehensive repository of Key Risk Indicators (KRIs), Key Performance Indicators (KPI), Early Warning Indicators (EWI), etc. and maintaining an aggregation methodology aligned with regulatory expectations and industry best practices Drives the development and provides thought leadership on the Company's risk appetite statement and risk reporting for the Company's top and emerging risks and advising leaders on risk mitigation strategies, as necessary, related to breached metrics to manage increasing risk exposures or risk exposures outside of the Company's appetite Leads the collection, analysis, and reporting of risk data to senior management, committees, the Board, and external stakeholders, including escalating emerging risks and metric breaches as required Collaborates with Enterprise Risk Management to drive reporting synergies, including identifying correlations and dependencies in disparate data enabling management to proactively manage risk Contributes to the Company's Capital Stress Testing Program, synthesizing Top and Emerging Risks and providing Pro Forma risk appetite reporting to inform leadership's decisioning Manage the Company's Strategic and Reputation Risk framework, including managing the Company's corresponding risk policies, spearheading SLOD effective challenge of the Company's strategic priorities, and partnering with management to develop the Strategic and Reputation Top and Emerging Risk assessment Conducts independent research and participates in industry calls on top and emerging risks as well as strategic and reputation risk topics, staying informed about economic and industry trends and benchmarking for comparative analysis and context Maintains the Company's metric application within Archer, ensuring the application supports the Company's framework as well as developing reporting standards and overseeing the timely reporting of metric results by stakeholders Automates data extraction, report generation, and data analysis to reduce risks in reporting and enable management to better identify risk trends
Education & Experience Education and Training:
Bachelor's degree in accounting, Finance, Economics (or equivalent) required; MBA or equivalent advanced degree preferred. Ten years' experience (preferably) in risk management, auditing, accounting, or finance functions; Financial Services Industry experience required. Experience in quantitative analytics preferred; risk management certifications a plus. Advanced knowledge of Microsoft Office Suite required; Statistical Programming (e.g., R, Python, etc.) and Business Intelligence (BI) tools experience preferred. Analytical Skills- Brings high-level quantitative and analytical skills to effectively challenge First Line of Defense. Problem Solving Skills
- Commits to action, even in uncertain situations, by making sound and timely decisions necessary to maintain forward progress. Effective Communication
- Communicates ideas and information verbally and in writing to ensure key points are clearly outlined and have the desired impact; creates high-quality presentations and reports that convey information clearly and concisely. Process Management Orientation
- Creates and maintains standardized, repeatable processes that are both efficient and effective; keeps an eye on continuous improvement opportunities and utilizes automation whenever possible. Planning and Organizing
- Developing, implementing, evaluating, and adjusting project plans to reach goals, while ensuring the optimal use of resources.
Ability to:
Effective Collaborator- Builds rapport easily; effectively gains trust through demonstrated ability to bring value to processes by respectfully and thoughtfully challenging concepts and/or established norms. Strategic Thinker
- Focused on a holistic, futuristic perspective to enhance synergies in support of stated business performance objectives; can take theories and concepts and put them into practice Synthesizes Data
- Distills large quantities of data and information in a way that provides business leaders, management and board members with insights needed to make decisions; can connect data points to build and convey key messages and themes.
Base Pay Range:
$92,000- $140,000/year) Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results.
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