About this opportunity
Fifth Third Bank, N.A. lists this Senior Technology Risk Advisor opportunity in st bernard, Ohio. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Cincinnati, OH
nFull time
nR72513
nMake banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
nGENERAL FUNCTION:
nAs first line of defense, conducts analysis related to identifying, assessing, mitigating, and managing risks necessary to comply with new or changing laws, regulations, regulatory guidance, and best practices deemed necessary by key stakeholders (such as Legal, Compliance, Enterprise Risk and Audit partners). Supports Business Controls in advancing risk management, structure, processes, and tools in support of the organization’s Enterprise Risk Management (ERM) framework. Transforms data into business intelligence by developing and presenting information and insights to stakeholders. Monitors and manages risks to ensure compliance and validation of program effectiveness with assigned line of business or functional area, and Bancorp initiatives.
nResponsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s and LOB’s risk appetites, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
nESSENTIAL DUTIES AND RESPONSIBILITIES:
nnnAssists business controls leadership with the development of complex strategies and the implementation of controls, policies, and procedures to increase effectiveness and efficiency related to the respective business or functional area.
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nnProvides relevant expertise and analysis to stakeholders related to the identification, assessment, control, monitoring, testing and reporting of risks.
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nnInvestigates and assists in root cause analysis in instances of actual or potential operational loss.
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nnGathers and integrates information.
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nnIdentifies the need for and collects information to better understand issues, problems, and opportunities; integrates information from a variety of sources; and detects trends, associations, and cause-effect relationships.
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nnLeverages expertise and stays informed of industry best practices and regulations to ensure compliance with all applicable laws, standards, and requirements, including, but not limited to, OCC Heightened Standards.
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nnSupports the resolution of internal audit, compliance, or risk management related issues that could impact the classification, availability, or integrity of data or processes.
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nnHighlights control breakdowns, inadequate processes, and unexpected events. Implements corrective actions in partnership with Business Controls leadership to address process and control deficiencies.
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nnBuilds effective relationships with other internal business control groups and the second and third lines of defense (such as Legal, Compliance, Enterprise Risk, and Audit).
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nnCollaborates with groups responsible for ensuring adequate information barriers are established, and the Bank’s compliance with policies and processes are in place in order to control the flow of certain information.
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nnServes as an analytical and procedural expert to peers on cross-functional processes or project deliverables.
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nnAssists with execution of regulatory change management program to ensure applicable regulatory changes are identified, assessed against business processes, reported, and complied with.
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nnMay, if applicable, assist in the external change management for credit bureau working with centralized team and business control managers as build out testing.
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nnAssists in identifying operational risks in accordance with the ERM, ensuring that adequate internal controls are in place to mitigate risks of all types.
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nnPartners with business managers in implementing remediation actions per the Bancorp issues management framework; coordinates business ownership of processes, risks, controls, and tests.
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nnServes as coordinator for updates to data in archive systems.
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nnConducts RCSA facilitated sessions where risks and controls are rated.
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nnPartners with Support Functions or Risk Experts to identify applicable Enterprise and Risk Appetite indicators and determine which will be designated "Key".
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nnCollaborates with LOB on threshold evaluation and proposed changes; enter proposed indicators and changes in the GRC tool.
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nnMay assist in the determination of identifying loss events with applicable RCSA risks/processes.
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nnMay assist in the coordination root cause analysis, action plan evaluation with LOB and monitor action plan implementation.
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nnProvides oversight to overall LOB Supplier/Outsourcing strategy and Review LOB business case for outsourcing & challenge.
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nnParticipates in escalated issues that impact LOB process & involve Supplier(s) where applicable.
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nnWorks with LOB to identify initial set of inherent risks and controls.
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nnIdentifies applicable governance processes and may complete control implementation.
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nnActively participates in issue remediation.
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nnExecutes on ERM Scenario Analysis risk management program.
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nnDevelop and manage product inventory and execute on ERM product risk review program.
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nnMay have additional responsibilities as assigned by LOB/Function leadership and Risk, including but not limited to:
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nnAssistance with new government programs or special internal projects.
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nnAssistance with new risk programs required by regulatory authorities or ERM.
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nnAssistance with diligence, closing, and other matters relating to acquisitions and strategic investments.
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n nMINIMUM KNOWLEDGE AND SKILLS REQUIRED:
nnnBachelor’s degree or equivalent experience required (related field preferred). Master’s degree in relevant field preferred.
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nn5 + years of financial services industry, risk, business controls or compliance experience preferred.
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nnProfessional verbal and written communication skills and the ability to communicate with discretion and understanding when confidentiality is needed.
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nnMust be analytical and possess ability to interpret and apply policies and regulations across a complex business.
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nnMust proactively identify opportunities and take action to build trusting strategic internal and external relationships and networks.
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nnMust be approachable, collaborative, and have the ability to influence others through interpersonal skills, thrive in a fast-paced dynamic environment, and be comfortable quickly shifting priorities on short notice.
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nnWorking knowledge of Microsoft Office products required.
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nnAbility to work with minimal supervision.
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n nSenior Technology Risk Advisor
nAt Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
nThe base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
nOur extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: or by consulting with your talent acquisition partner.
nLOCATION -- Cincinnati, Ohio 45227
nAttention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
nFifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
nIntroduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step?
nFifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.