Business Risk Program Manager - RCSA and Controls Testing

Overview This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. This role will be located in Raleigh or Charlotte, NC, or Phoenix, AZ.The First Line Risk Manager - RCSA Controls and Testing position supports the General Bank. This role is a first line of defense risk professional responsible for support and execution of various risk programs and Business Unit (BU) risk activities in adherence with the Company's Risk Appetite and Corporate Strategy. This role is responsible for engaging with the BU in management of risks and controls across all risk types, facilitating and/or monitoring execution of risk policies, procedures and/or program requirements, providing advisory to effectively manage risks, and serving as an effective communication channel between the Risk Management Department, regulators, and FCB business units.Some additional responsibilities include:Execute RCSA activities with business stakeholders, ensuring core processes are documented and controls are identified in alignment with program standards. Partner with stakeholders to develop action plans to address deficiencies, providing recommendations to strengthen risk and control environment.Assess business risk and implement processes and controls, ensure first line understanding and accountability for business risk and supporting processes.Ensure business processes and operational controls meet risk program and regulatory obligations.Provide execution support of all testing activities performed, and drive business process improvements based on outputs of control testing.Responsibilities Risk Strategic Activities- Works with FRM leader and senior management to create risk management strategies ensuring key risks are appropriately managed and are aligned. Provides BU risk considerations for business/strategic plans. Effectively challenges risk programs outputs, ensuring bank and regulatory alignment.Risk Program Implementation - Supports the development, implementation and maintenance of the organizations risk management framework, policies, and procedures. Coordinates risk assessments to evaluate and manage key risks across the organization. Manages book of work to identify gaps and assess capacity, ensuring alignment with strategic objectives and prioritization of risk management initiatives. Develops test plans and methodologies for evaluating the effectiveness of control activities, executes control testing procedures in accordance with the established test plan, identifies and supports remediation of control deficiencies. Lead the tracking and resolution of issues across the organization, ensuring timely escalation and remediation. Collaborates with BU and stakeholders to develop action plans and mitigation strategies to address root causes and prevent issue recurrence. Monitor the status and effectiveness of issue remediation efforts, providing regular updates and reports to senior management. Coordinate with other functions (i.e. Compliance, 2LOD) to ensure alignment with broader risk management and governance objectives.Regulatory Engagement - Participates in regulatory inquiries, examinations, and audits in collaboration with internal stakeholders. Support regulatory submissions, response and reporting requirements, ensuring accuracy, completeness, and timely submission.Risk Governance & Reporting - Develops BU risk reports that provide a comprehensive view of risks impacting the BU. Monitors BU risk and control performance Identifies and summarizes BU Top and Emerging trends and actions to address impacts. Reports key indicators and limits to ensure timely escalation of breaches as required by the Risk Appetite Framework (RAF). Advises BU senior leadership in relevant risk governance meetings utilizing understanding of the BU operations, risks, controls and related laws and regulatory guidance. Provides feedback and collaborates on relevant governance documents to support BU activities and manage risk. Drives the implementation of program policies, standards, and procedures. Ensures timely communication around current and emerging issues and regulatory requirements.Qualifications Bachelor's Degree and 6 years of experience in Financial Services and First Line Risk, Enterprise Risk or Operational RiskORHigh School Diploma/GED and 10 years of experience in Financial Services and First Line Risk, Enterprise Risk or Operational RiskPreferred Qualifications:Experience working with wealth management business units.Knowledge of FINRA licensing.Experience working in a role with a LFI executing RCSA activities with stakeholders and assessing business risk and implement processes and controls.Advanced DegreeKnowledge of risk techniques, practices, and control frameworks.Knowledge of various banking and government regulatory requirements and processes.Ability to work effectively with associates, senior management, and various committees.Knowledge of regulatory guidance pertaining to enterprise risk and operational risk.Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. 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