- Hybrid role in Richmond, VA or Winston Salem, NC ONLYThe Risk Advisory Officer is responsible for conducting independent effective challenge activities for at least one risk stripe and its risk management practices within the Second Line of Defense's Risk Advisory Team. The Risk Advisory Team monitors and challenges actual and projected risk positions throughout the consolidated organization. The team works to continually fortify Atlantic Union's risk management program and actively promotes a risk-aware culture. Operating with agility, resilience, and foresight, the Risk Advisory Officer strives to minimize residual risks posed to the Bank and provide risk insights to senior leaders for balanced business decisions.
- Support Senior Risk Advisory Officers and Directors by completing effective challenge assignments in areas including credit, liquidity, market, technology, third party, operational, and legal risk management.
- Analyze and provide Second Line views of key organizational plans, stress tests, and contingency plans, as needed.
- Assess the integrity of risk measurement techniques used to monitor the consolidated organization's risk profile relative to the Board's risk appetite.
- Evaluate risk events and contributes to root cause analyses and process improvement recommendations, escalating concerns to senior leaders, as pertinent.
- Collaborate with First and Second Line of Defense teammates to develop, implement, monitor, and refine risk frameworks, policies, standards, and practices as part of the broader Enterprise Risk Management (ERM) program.
- Engage in research, peer networking, and leverage experience to anticipate critical risk issues impacting the LOBs.
- Build relationships and contribute to Second Line of Defense risk insights that inform management's business decisions.
- Assist with presenting to Board Risk Committee, LOB and Risk Management executives, and senior management.
- May participate or lead committees to working groups formed to manage escalations of risk issues.
- Partner closely with management on the development of key risk metrics, process controls, new products, change controls, business cases, risk assessments, policies & procedures, incentive plans, and LOB risk profile. Ensure appropriate coverage of controls and KRI's for business risk-taking activities.
- Work closely with business area and function leaders, internal audit, and compliance and other Second Line of Defense functions to enhance control and monitoring programs.
- Collaborate to implement an integrated risk management framework, as a key component of the Enterprise Risk Management (ERM) Program.
- Mentor and assist with training those in Specialist roles within the Risk Advisory Team.
- Complete necessary training to stay current on risk and risk management practices, including regulatory guidance.
- Prepare and present training on risks and risk management practices to other teammates in the Bank.
- Internal - Extensive contact with senior and executive management from all business lines and risk areas, Board Risk Committee, Legal, Compliance, and Audit personnel.
- External - Occasional contact with regulatory agencies regarding policies and procedures, banking regulations and related issues. Contact with third party vendors in conjunction with reporting and/or other projects.
- Reports To - Director -Risk Management Programs within the Enterprise Risk Management business line
- Bachelor's degree in Business, a related field, or equivalent business knowledge through experience.
- 5+ years of risk management, auditing, regulatory examination, project management or related experience; preferably in banking or financial services.
- Experience in risk management practices and demonstrated abilities to apply critical thinking skills to analyze risks.
- Understanding and experience in assessing and analyzing risk within a complex enterprise.
- Ability to think strategically and make sound and pragmatic decisions, under the purview of multiple stakeholders, were limited or conflicting information is present.
- Ability to credibly challenge activities and risks associates with at least one risk area.
- Familiar with process improvement capabilities and has demonstrated the ability to influence change.
- Advanced communications skills, written and verbal, interpersonal and negotiating skills with ability to prepare and present technical presentations and guide internal customers.
- Understanding of applicable regulatory requirements and expectations (FRB, OCC, CFPB and state agencies) desired.
- Advanced PC skills including word processing, spreadsheet and database applications. Experience with GRC applications preferred.
-
Risk Advisory Officer
3 weeks ago
Atlantic Union Bank Glen Allen, United StatesSupport Senior Risk Advisory Officers and Directors by completing effective challenge assignments in areas including credit, liquidity, market, technology, third party, operational, and legal risk management. Analyze and provide Second Line views of Officer, Advisor, Risk, Busine ...
-
Training as a sales-oriented bank clerk
3 weeks ago
Stellar Innovations Short Pump, United StatesSales-oriented Bank Clerk (m/f/d) at Short Pump · The Path to Success · Do you want to stand on your own two feet, be independent, and work autonomously? Do you have a talent for sales and the ability to persuade others? Do you want to hit the ground running at the start of your ...
-
Executive Director
3 weeks ago
Improve Your Tomorrow Richmond, United States**Company Overview**: · Improve Your Tomorrow (IYT) was founded in 2013 with the mission to increase the number of young men of color (YMOC) to attend and graduate from colleges and universities. We envision a world where men of color are overrepresented in higher education, unde ...
-
Associate
2 weeks ago
Canal Capital Management Richmond, United StatesCanal Capital Management is an independent registered investment advisor (RIA) located in Richmond, Va. We provide objective investment, tax, business advisory, real estate and financial advice. Our client base consists of successful high net worth families and institutions. We h ...
-
Product Marketing Specialist
1 week ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you're wild about horses, bananas for boats or driv ...
-
Document Management Technician
2 weeks ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and ...
-
Associate Deskside Operational Analyst
3 weeks ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you're wild about horses, bananas for boats or driv ...
-
Triage Specialist Ii
2 weeks ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and ...
-
Claims Specialist Ii
3 weeks ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and ...
-
Manager, Compensation
1 week ago
Tuckahoe Holdings Richmond, United StatesWe take pride in our culture and strive to make Tuckahoe a place where people want to work, achieve excellence, remain curious and humble, and build lifelong relationships. · Tuckahoe Holdings, based in Richmond, VA is a family-run diversified holding company focused on owning mi ...
-
HR Systems Analyst
2 weeks ago
Tuckahoe Holdings Richmond, United StatesWe take pride in our culture and strive to make Tuckahoe a place where people want to work, achieve excellence, remain curious and humble, and build lifelong relationships. · Tuckahoe Holdings, based in Richmond, Virginia, is a family-run diversified holding company, focused on o ...
-
Associate for Academic Affairs
2 weeks ago
State Council of Higher Educ Richmond, United States**Title**: ASSOCIATE FOR ACADEMIC AFFAIRS · **State Role Title**: ASSOCIATE FOR ACADEMIC AFFAIRS · **Hiring Range**: $65,000 - $80,000 · **Pay Band**: UG · **Agency**: State Council of Higher Educ · **Location**:St Council of Higher Education · **Recruitment Type**: General Publi ...
-
Claims Counsel, Coverage
2 weeks ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and ...
-
Scrum Master
1 week ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you're wild about horses, bananas for boats or driv ...
-
Operations Specialist
3 weeks ago
Marsh, Berry & Company, LLC Richmond, United States**Job Details** · Position Summary: · MarshBerry is currently seeking an Operations Specialist for our Richmond, Virginia office. The Operations Specialist will be responsible for delivering exceptional customer service to FirstChoice members and play a key role in helping member ...
-
beBee Handyman Mechanicsville, VA, United States FreelanceClosing company, requesting cessation of activity in Mechanicsville, VAClient profile in need of tax advisor · Self-employed individual · What sector is the activity or business in? · Hospitality · What tax advisory services are needed? · Company closure · Do you need any additio ...
-
Urban Tilth Richmond, United States**2024 Communications and Marketing Manager Job Announcement**: · **Position Description** · Urban Tilth has an immediate opening for a Full-time Communications and Marketing Manager. The Communications and Marketing Manager will work with the Executive Director, the Fund Develop ...
-
Underwriting Support Assistant
5 days ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and ...
-
Equine Claims Specialist
1 week ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and ...
-
Product Owner
1 day ago
Markel Corporation Richmond, United StatesWhat part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and ...
Risk Advisory Officer - Glen Allen, United States - Atlantic Union Bank
Description
Role Focus:
The day-to-day duties of this role within the Risk Advisory Team will focus on providing effective challenge on key financial and operational Risk Programs including Third Party Risk Management, Risk Appetite design and execution activities.
In addition, the teammate in this role will partner with stakeholders throughout the Bank to ensure systems are appropriate for identifying, measuring, monitoring, and controlling third party risks posed by the Bank's third and fourth parties.
The Risk Advisory Team offers teammates opportunities to gain exposure to a variety of risk areas and participate in cross-functional effective challenge activities.
Position AccountabilitiesEducation & Experience
This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program.
General information on our comprehensive benefits package can be found by visitingWe are proud to be an EEO/AA /Minority/Female/Disability/Veteran employer. We maintain a drug-free workplace.