First Citizens Bank

Risk Officer - RCSA Process Oversight

First Citizens Bank

Raleigh, NC, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

At First Citizens Bank, we are dedicated to providing our customers with the highest level of financial security and stability. As we continue to grow and evolve, we are seeking a highly skilled and experienced Risk Officer to join our team. In this role, you will be responsible for overseeing our Risk Control Self-Assessment (RCSA) process, ensuring that all potential risks are identified and addressed in a timely and effective manner. To excel in this position, you must possess strong analytical skills, excellent attention to detail, and a thorough understanding of risk management principles. If you are a motivated and driven individual with a passion for mitigating risk, we invite you to apply for our Risk Officer position at First Citizens Bank.

  1. Develop and implement a comprehensive Risk Control Self-Assessment (RCSA) process, in accordance with industry best practices and regulatory requirements.
  2. Conduct risk assessments to identify potential risks and vulnerabilities within the organization.
  3. Collaborate with department leaders to review and update risk management policies and procedures.
  4. Monitor and analyze internal and external factors that may impact the organization's risk profile.
  5. Communicate risk assessment findings and recommendations to senior management and make recommendations for risk mitigation strategies.
  6. Develop and maintain relationships with external auditors and regulatory agencies to ensure compliance with risk management standards.
  7. Stay up-to-date on industry trends and changes in regulations related to risk management.
  8. Conduct training sessions for employees to promote risk awareness and educate them on risk management best practices.
  9. Develop and maintain risk management metrics and reports for senior management.
  10. Lead risk assessment meetings and present findings and recommendations to senior management.
  11. Coordinate with other departments to ensure all risk control measures are implemented and monitored effectively.
  12. Ensure all risk-related incidents are documented and investigated in a timely manner.
  13. Conduct regular reviews and updates of the organization's risk management policies and procedures.
  14. Collaborate with other departments to develop and implement risk mitigation plans.
  15. Foster a culture of risk awareness and accountability throughout the organization.
  16. Conduct periodic reviews and audits to ensure compliance with risk management policies and procedures.
  17. Keep senior management informed of any significant risk-related issues or developments.
  18. Serve as a subject matter expert on risk management for the organization.
  19. Develop and maintain relationships with external partners and vendors to ensure effective risk management processes.
  20. Continuously evaluate and improve the organization's risk management processes and procedures.
Where is this job?
This job is located at Raleigh, NC, USA
Job Qualifications
  • Knowledge Of Risk Management Principles: A Risk Officer At First Citizens Bank Should Have A Thorough Understanding Of Risk Management Principles And Practices, Including Risk Assessment, Mitigation, And Monitoring. This Will Enable Them To Effectively Oversee The Rcsa (Risk Control Self-Assessment) Process And Identify Potential Risks Within The Bank's Operations.

  • Experience In Banking And Financial Services: Candidates For This Role Should Have A Strong Background In Banking And Financial Services, With A Minimum Of 5 Years Of Experience In A Risk Management Role. This Will Ensure That They Have A Solid Understanding Of The Regulatory Environment And The Specific Risks Faced By Banks, Allowing Them To Effectively Implement Risk Management Strategies.

  • Analytical And Problem-Solving Skills: As A Risk Officer, One Should Possess Strong Analytical And Problem-Solving Skills To Identify Potential Risks And Develop Effective Mitigation Strategies. This Includes The Ability To Analyze Complex Data And Identify Trends, As Well As The Ability To Think Critically And Make Sound Decisions In High-Pressure Situations.

  • Communication And Interpersonal Skills: Effective Communication Is Crucial For A Risk Officer, As They Are Required To Collaborate With Various Stakeholders, Including Senior Management, Auditors, And Regulators. Strong Interpersonal Skills Are Also Necessary To Build Relationships And Influence Change Within The Organization.

  • Knowledge Of Regulatory Requirements: A Risk Officer Should Have A Thorough Understanding Of Relevant Regulatory Requirements, Such As Basel Iii, Dodd-Frank Act, And Fdic Guidelines. This Will Ensure That The Bank's Risk Management Practices Are In Compliance With Regulatory Standards, Reducing The Potential For Penalties Or Fines.

Required Skills
  • Process Improvement

  • Project Management

  • Data Analysis

  • Crisis Management

  • Team Leadership

  • Risk assessment

  • Risk Mitigation

  • Audit management

  • Regulatory compliance

  • Fraud prevention

  • Policy Development

  • Stakeholder

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Active Listening

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Risk Officer - RCSA Process Oversight in Raleigh, NC, USA is $91,000 - $120,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or organization the individual is working for.

Additional Information
First Citizens Bank is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMarch 19th, 2024
Apply BeforeJune 21st, 2025
This job posting is from a verified source. 
Reposted

Apply with Video Cover Letter Add a warm greeting to your application and stand out!

About First Citizens Bank

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina. Its primary subsidiary is First Citizens Bank.

Frequently asked questions

Get interviewed today!

JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.

Get Started