Digital Risk and Controls Advisor

Job description

**Description**

**Location** : On site at location listed in job posting.

**Summary** :

The Business Risk and Controls Advisor sits in the first line of defense and is responsible for executing risk management programs and other first line of defense risk activities in support of line of business growth and revenue production.

The role works directly with the business unit management teams to identify, manage, monitor and report risk through the execution of risk programs, policies, standards and procedures.

The role also works directly with second line of defense risk management to ensure appropriate execution of risk activities including assessment of risk, development and oversight of controls, identification and escalation of issues, and governance and reporting.

The role is on point to manage audits, exams and other inquiries from internal audit and regulators relative to risk management.

**Job Responsibilities:**
• Lead the implementation and execution of risk programs and policies in coordination with the second line of defense risk management organization including new product governance, Risk and Control Self-Assessment (RCSA), key risk indicators (KRIs), issue management, operational loss management, and third party risk management.
• Lead business unit level risk assessments, including identifying, managing, monitoring and reporting line of business top risks and emerging risks
• Develop first line of defense procedures that align with risk program and policy requirements.
• Provide ongoing risk guidance, education and communication to business unit partners to ensure risk management expectations are met within the first line of defense.
• Assess effectiveness of business unit controls through monitoring and testing, identify gaps and drive remediation of control deficiencies.
• Escalate issues and gaps to line of business management and Risk.
• Engage in regulatory inquiries, exams and internal audits including preparation of materials, assessment and remediation of findings, and provide updates to senior management.
• Develop risk reporting that provides a holistic view of business unit compliance with risk programs, identification of top business unit risks and emerging risk trends,
• Build strong relationships with business unit teammates, second line of defense partners, functional support units and other stakeholders to drive strong collaboration on risk program execution and the maturation of risk management across the enterprise.
• Participate in industry forums and build relationships with other large banks across the industry.

**Required Qualifications/Knowledge, Skills, and Abilities** :
• Bachelor’s degree and 10 or more years of operational and enterprise risk management experience in a first or second line of defense capacity.
• Experience managing enterprise and operational risk programs at a large financial institution, including RCSA, KRI, operational losses, issues management, new and modified product risk assessment, and third party risk management.
• Experience leading teams through change by creating a compelling vision for transformation.
• Strong project management skills with ability to manage multiple concurrent projects successfully and a proven track record of strong execution on major initiatives.
• Proficient at collaborating across business units and lines of defense and working with stakeholders to resolve complex issues.
• Experience interacting with federal banking regulators including preparing for exams, presenting materials, and articulating the business unit’s risk management roadmap.
• Ability to articulate the connections across risk programs and influence stakeholders to leverage risk data in business decision-making processes.
• Proficiency at assessing current processes with an eye towards efficiency and automation.
• Strong oral and written communication skills with ability to communicate at all levels of an organization.
• Proven ability at collaborate across the enterprise to solve complex challenges.
• Demonstrated ability to influence change across the organization.

**About Us**
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel.

Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services.

First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.

More information is available at www.FirstHorizon.com.

**Benefit Highlights**
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.

Required Skill Profession

Other General