Manager Vendor Risk Governance Programs First Line of Defense Job Listing at City National Bank in Los Angeles, CA (Job ID 9690)

Description

MANAGER VENDOR RISK GOVERNANCE PROGRAMS FIRST LINE OF DEFENSE

 

WHAT IS THE OPPORTUNITY? This position will have responsibility for implementation and ongoing oversight of governance and related activities for Vendor Risk Management within the 1st Line of Defense ("1LOD"). The incumbent will oversee a team of risk professionals that will provide risk management support and consultation for leadership in Vendor Risk Management as well as risk practitioners that will perform analysis, reporting and governance activities on behalf of Vendor Risk Management. This leader will direct the enhancement of existing governance operations, advance risk management capabilities and drive the implementation of better governance and communication protocols. This will also include implementing internal change management processes that drive operational excellence. Additionally, the incumbent will leverage their experience to develop risk management and governance expertise within in the organization and strengthen relationships across all three lines of defense within City National Bank.

 

What you will do

• Lead a staff that performs governance activities and consultative support of Vendor Risk Management, as well as issue management, audit & exam response, maintain governance routines and repository for program documentation, communication and training within Vendor Risk Management as well as foundational capabilities such as analysis, reporting, governance.
• Build relationships with Second and Third-Line groups and related partners to harmonize risk-related initiatives and activities in such a way that drives maximum efficiency and practical applicability.
• Ensure that 1LOD personnel have the tools, data and information necessary to properly manage vendor risk and implement necessary policies, processes and procedures to comply therewith.
• Working with the Vendor Risk Governance & Control Manager and Vendor and Delivery Manager, identify and seize on gaps and enhancement opportunities in risk and governance capabilities, processes and communication.
• With the Vendor Risk Governance & Control Manager and Vendor and Delivery Manager, drive and nurture a culture of accountability, continuous improvement and a spirit of collaboration within Vendor Risk Management and with partners across the firm.
• Improve trending capabilities (issues, findings, etc.) and create a portfolio view of issues, exceptions and risk acceptances so that we may minimize our exposures in this space and proactively address thematic root causes.
• Provide strategic support to the Vendor Risk Governance & Control Manager.
• Establish and/or continuously improve communication and escalation techniques that are a hallmark of successful organizations and include a “no surprises” approach to issues and requests.
• Foster and drive a culture of consistently executing with excellence through change management, communication and training.
• Provide guidance on relevant risk and control matters (such as monitoring operational developments and providing updates to appropriate managers, performing reviews, and conducting risk training), and research and prepare for resolution.
• Develop and strengthen staff in conjunction with the overall Vendor Risk Management strategy, emphasizing a culture of diversity & inclusion, fungible skills development and greater career development opportunities.

Must-Have*

• Bachelor's Degree or equivalent
• Minimum 10 years of overall experience in a financial or banking institution.
• Minimum 7 years of experience in Third Party Risk Management
• Minimum 5 years of operational risk management control design, testing and/or auditing in a financial institution.
• Minimum 5 years of experience in change management/ program management
• Minimum 3 years of experience in a leadership role.

Skills and Knowledge

• Extensive relevant industry experience (preferred 10 - 15 years), including strategic, management experience focused in the risk management space.
• Strong knowledge of financial institution regulatory requirements, especially as related to third party risk management.
• Track record of accountability, thoroughness, diligence and operational excellence.
• Ability to interact and influence effectively with all levels of Bank personnel; strong analytical skills; strong project management and organizational skills; excellent verbal and written communication skills.
• Understands the importance of emotional intelligence, relationship building, empathy, and finding common ground with colleagues and partners across the organization.
• Strong understanding of risk and control frameworks, connectivity of activities between the three lines of defense and risks inherent to the banking/financial services industry.
• Successful track record of implementing large, cross-functional projects.
• Proven ability to analyze complex situations and problem solve, provide guidance, make recommendations.
• Proven ability to lead teams, hire and develop talent and drive positive change.

Compensation Starting base salary: $127,626 - $237,014 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

 

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.

 

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'

 

ABOUT CITY NATIONAL We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.

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