Jobs

    AVP, Enterprise Risk Manager - Massachusetts, United States - Madison-Davis, LLC

    Madison-Davis, LLC
    Madison-Davis, LLC Massachusetts, United States

    2 weeks ago

    Default job background
    Description

    Office Status: Hybrid

    Salary: $110,000 – $120,000

    Responsibilities:

    • Assists the DCRO with managing the outsourced Internal Audit function. This includes assisting with audits, developing the annual internal audit risk assessment, and maintaining the follow-up tracker. This individual will also attend the Supervisory Committee and the Enterprise Risk Management Committee meetings and help develop the packet and transcribe the meeting minutes.
    • Assists the VP/Senior Compliance Officer with managing the regulatory complaints. This includes researching regulatory guidance, responding to regulatory agencies, and tracking all complaints. This individual will also help with the monthly/quarterly analytics reporting.
    • Assists the DCRO with managing the Enterprise Risk Management ("ERM") function. This includes training the business units with the ERM Governance Risk and Compliance ("GRC") software, leading the risk and control self-assessments, analyzing risks and financial implications, and working with the business units to ensure that the level of risk remains within acceptable tolerance limits.
    • Assist the DCRO with managing the self-identified issues tracker. This individual will populate the tracker, partner with the business unit to ensure proper controls are in place to mitigate future issues, follow the remediation process through to completion, and perform reporting and analytics as requested.
    • Assist the DCRO with managing the self-testing program and ensure that all Departments and Branch Offices adhere to all applicable federal and state laws impacting their lines of business. This individual will also modify self-testing procedures as dictated by regulatory changes.
    • Assists the DCRO with all regulatory examinations.
    • Assists with various risk and compliance projects assigned by the DCRO. This individual may be asked to manage the project across various business units and may include assessing new products and services within the "what if" scenarios within the GRC software.
    • Assists the DCRO in providing regulatory guidance to the various business units when requested. This includes ad hoc questions surrounding regulatory requirements as well as questions about best practices, policies, and procedures.
    • Participates actively with interdepartmental teams to continuously improve existing policies and procedures based on regulatory changes, internal audits, and examinations by regulatory agencies.


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