Controls amp Governance Officer Exams amp Issues Management

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Controls & Governance Officer – Exams & Issues Management
Duties: Responsible for providing support in preparation for, during, and after examinations, audits, and continuous monitoring activities, as well as facilitating finding/issue remediation for assigned business units (BU). Ensures policies, procedures and practices align with Bank requirements and provides challenges for continuous enhancement for the BU. Develops and cultivates a close partnership with and supports remediation efforts for finding owners and their teams, including efficiently communicating with other line of defense stakeholders throughout the remediation lifecycle. Partners with finding owners to provide clear and accountable status updates on the progress of finding remediation while proactively monitoring for potential issues and risks. Reviews finding closure artifacts for control design and operating effectiveness. Prepares insightful reporting on finding remediation and active and upcoming exams to senior and executive management. Compiles data for analysis, proactive action, and communications. Helps prepare for targeted exams and audits. Assists in the development and review of responses to examiner and auditor inquiries. Prepares meeting materials for key regulatory and audit meetings. Organizes and tracks inquiries. Recommends and initiates improvements in coordinating with regulators and auditors. Develops and documents processes for issues and exam management. Ensures activities are performed accurately, thoroughly, and in accordance with dynamic regulatory, operational risk requirements, and/or industry best practices, and activities meet timeframes. Proactively manages assignments. Helps develop our Risk Culture. Recommends improvements to the BU Regulatory Compliance and Risk Programs. Assists in updating programs for centralized and decentralized functions that cover a wide range of banking activities so they are dynamic with new regulatory, corporate, and process requirements. Is knowledgeable about industry best practices and systems and acts as a subject matter resource on Level 2 Controls to assigned BU and performs root cause analyses. Participates as requested in BU Committees/Work Groups along with other Business Team members. Identifies, researches, and reports issues to the committee to resolve as appropriate. Effectively contributes in implementing new BU procedures. Maintains current knowledge of related banking activities and operational risk management and regulatory compliance requirements for financial institutions. Attends professional seminars and participates in Bank operational risk management and regulatory compliance forums. Other Job Duties Understands the implications of regulatory messages and interprets them for the assigned business. Proactively provides trusted counsel on regulatory and supervisory emerging developments. Assists in developing and maintaining department policies and procedures in support of the Bank’s Integrated Operational Risk Framework and/or industry best practices. Ensures compliance with laws, regulations, and Bank policy for managing exam information and Confidential Supervisory Information (CSI). Performs other duties as assigned.

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