Position Title Banking Group Risk and Internal Controls Lead (Private Client Banking)

Location Work From Home United States

Job Summary The Banking Group Business Risk and Internal Controls Leader (BRIC) will report to the BRIC Director and partner with the Private Banking Business Unit to establish and imbed risk management programs, policies and procedures, and risk culture within the Banking Group's First Line of Defense.

The BRIC Lead for Private Banking will help to design, build, transform and implement a risk management framework and lead the ongoing identification, assessment, and measurement of the business line's material risks and key controls. The BRIC Lead will bring expertise in regulatory requirements and experience in Private Banking networks and products. The Private Bank consists of Private Client Groups (PCGs) who are highly specialized in providing white glove service to High Net Worth and Commercial clients by offering Deposit products, lending, and products and services from Flagstar's broader offerings.

This leader will collaborate with colleagues in Enterprise Risk Management and Compliance (2nd LOD) and Internal Audit (3rd LOD). The position requires attention to detail and well-developed organizational skills. This position is critical to supporting the mission of the Banking Group to ensure risk compliance and successful execution which permit the bank grow profitably.

The salary range for this position is $117,184.74- $174,604.26- $203,315.53

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

Risk Framework Builds, leads, transforms, and consistently executes an Enterprise Risk Management framework for the Private Bank. Exemplifies high level of acumen across all risk stripes - Operational, Compliance, Strategic, Credit, Liquidity, Interest Rate, Price, and Reputational Risk. Builds, leads, transforms, and consistently executes a Risk Governance Framework subject to Bank regulatory heightened standards, including Risk Culture, Risk Appetite, Roles and Responsibilities, Risk Governance, Risk Assessment, and Risk Monitoring & Reporting. Builds, leads, transforms, and consistently executes Risk & Control Self-Assessment, Issue Management, Internal Operational Risk Loss Events, External Risk Events, Control Identification, Control Design and Testing, and Quality Assurance / Quality Control programs. Ensures Risk Management Frameworks are effective to manage risks associated with Banking Group's strategic plan. Directly engages with Bank leaders on identified incidents and issues in root-cause analysis, action plans, supporting documentation and testing of implemented controls to effectively remediate findings or issues. Drives risk management assessment of new products and services, including enterprise change management programs impacting Private Bank. Ensures risk culture is imbedded across the Private Bank with appropriate training regimen.

Bank Initiative Partner Actively influences and engages in Enterprise Risk forums and socializes with Private Bank leaders. Directly interacts with the Bank's regulators and internal auditors. Works closely with the following Business Partners: Bank Examiners, External Bank Auditors, Enterprise Risk Management, Loan Review, Internal Audit, Regulatory Compliance, Review, Quality Control & SOX. Provides guidance and assistance on any SOX, RCSA (self-assessment), Internal Audit, Loan Review, State, Federal, and OCC audits or inquiries, requests or response. Coordinates all internal/external audits and exams to ensure timely delivery of required documentation. Facilitates requests for information and supporting research from business units and assists with and reviews final responses to all audit requests. Collaborates with risk partners to ensure valuable