Senior Manager, Operational Risk Management
Company
First Merchants Corporation
Location
Indianapolis, IN
Type
Full Time
Job Description
First Merchants Bank is seeking a Senior Manager, Operational Risk Management to join our team! This position will lead, implement and provide oversight in support of the lines of business for the company's Operational Risk Management program and methodologies, with the intention of building a strong risk management culture across the company.
As part of this role you will:
- Define, implement, and maintain the Operational Risk Management program for the bank aligned with industry best practices and regulatory requirements. Continuously assess and enhance the operational risk program to ensure it remains robust and effective.
- Identify and assess operational risks associated with the bank's business activities, products, and services.
- Serve as chair of the Operational Risk Committee (ORC) and other committee involvement and leadership.
- Provide leadership and support for operational safety/soundness; this includes assessment design to ensure a proactive risk focus and design of operational practices for banking centers standards and requirements.
- Oversee the key indicators (KI) program for the company ensuring a review of key indicators with the respective owning business units on an annual basis. Ensure proper documentation of key indicators and serve as an effective 2nd line challenge to the business units.
- Manage the new/revised products and services risk assessment for the enterprise as delineated in the program document impacting all relevant projects.
- Collect KI metrics for an Enterprise Risk Management (ERM) dashboard to track and manage key performance indicators and key risk indicators and facilitate quarterly metrics updates.
- Provide general supervision and support for the internal fraud team including strategic advancement of fraud prevention and detection techniques.
- Provide guidance regarding operational risk and loss events and ensure event remediation and corrective action plans to mitigate risks are determined and properly documented and reported.
- Guide and lead operational risk discussions for larger high risk projects including integration risks.
- Complete required operational risk assessments on areas within scope of responsibility and provide input on reporting of operational risk to the board.
To be successful in this role, we require the following:
- Bachelor's degree in business or a related field of study OR an associate degree/ two years of college + two (2) years of related work/military experience OR four (4) years of related work/military experience (plus any additional required experience).
- A minimum of eight (8) years of banking operations experience.
The following would be a plus:
- Risk Management experience.
First Merchants offers the following:
- Base Pay PLUS Bonuses
- Medical, Dental and Vision Insurance
- 401k
- Health Savings and Flexible Spending Accounts
- Vacation/Sick Time
- Paid Holidays
- Paid Parental Leave
- Tuition Reimbursement
- Additional Benefits
A little about us:
First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.
Our Vision is:
To enhance the financial wellness of the diverse communities we serve.
Our Mission is:
To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.
Our Team:
"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."
Apply today to begin your career with us!
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Date Posted
04/03/2024
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