It's All About the Trust… Job in San Francisco, California US
It's All About the Trust...
The Global Trust Services Group Risk Manager is part of the first line of defense responsible for managing, supporting and coordinating all levels of risk and controls across Global Trust Services ("GTS"). This includes but is not limited to: regulatory; compliance; market risk; product risk; information security, human resources, Sarbanes-Oxley, fraud, vendor management, business continuity, and model validation. The GTS Group Risk Manager may participate in and or lead risk management committee (s) that include subject matter experts from each area within GTS or the Bank to identify significant and emerging risks and assess their importance to the bank as a whole. They are the representative for GTS and will act as the liaison between the GTS business units and Operational Risk Management; Fiduciary Compliance and Corporate Compliance. They will coordinate all risk, compliance and control evaluations; reporting and manage remediation efforts and activities for any control deficiencies identified within GTS. They will be responsible for the design and implementation of the compliance and risk management program for GTS. Additionally, they will be responsible for establishing and reporting on Key Risk Indicators ("KRIs") across GTS. Major Responsibilities: Manages, performs and coordinates all aspects of multiple risk and control assessments within Union Bank for GTS; Manages integration of risk and compliance control assessment programs for GTS; including allocation of resources, leveraging of work, and appropriate documentation and communication;. Build and maintain risk and control evaluations for all significant and emerging risks, including residual risk ranking and control deficiency remediation within GTS; Effectively manage the monitoring and identification of changes in the regulatory control environment, which may result in the identification of new risks and adoption of new controls to mitigate those risks within GTS; Responsible for the accurate and timely reporting of significant and emerging risks across GTS. Evaluate the design and operating effectiveness of business processes and controls within GTS; Provide the business line subject matter experts with the business unit perspective for risk identification and risk assessments, including emerging risk. Ensure that the appropriate level of risks and controls are documented in the appropriate risk and compliance management/monitoring system (s). Participate in Risk Management Committee (s) representing GTS to proactively assess and respond to emerging risks. Participate on ad-hoc working groups to address and resolve new areas of risk within GTS Responsible for ensuring that the resources dedicated to risk management within GTS are qualified and sufficient to efficiently and effectively carry out the required functions on behalf of GTS; This includes training and development of the risk management staff; Responsible for ensuring that risk management activities are properly performed and completed for the business units within GTS. Responsible for ensuring all those responsible for risk activities within the GTS are properly trained. Responsible for certification that the internal controls within GTS are designed properly and operating effectively. Responsible for identifying risk trends and/or symptoms of process control breakdowns within GTS. Responsible for keeping the Business Executives apprised of changes in inherent risk or control breakdowns/deficiencies that could impact residual risk within GTS; Develop strong relationships within Union Bank and GTS to facilitate open and direct discussions about regulatory and risk control environment;