Assistant Vice President/Vice President -- Enterprise Risk & Compliance

Company

Federal Reserve Bank of Minneapolis

Are you looking for an opportunity to use your leadership and compliance experience to contribute to a highly respected organization with strong ethics and integrity? As an Assistant Vice President/Vice President (AVP/VP) of Enterprise Risk and Compliance, you will be responsible for the development and oversight of the Bank’s Enterprise Risk, Business Continuity, Compliance and AS 5/COSO programs/teams.

You will also provide administrative oversight for the Risk and Compliance Division and report directly to the Senior Vice President (SVP).

Responsibilities include:


* Oversee the Bank’s effort to establish/mature the four business functions described above.


* Promote and support strategic efforts to create, develop and strengthen the department functions. 


* Provide leadership and management direction within the Risk Management division related to Enterprise Risk Management, Operational Risk Management, Compliance, Business Continuity, and AS 5.


* Coordinate with internal audit, Information Security, Data Privacy, and similar functions in support of the Bank’s operational risk management efforts.


* Support the Bank’s external auditor’s efforts to provide an opinion on the Bank’s financial statements and related control environment.


* Partner with the SVP to develop and execute the department’s strategic plan.


* Represent the Bank with various Federal Reserve System Groups to include the Subcommittee on Risk Management, the Subcommittee on Business Continuity, and others.


* Oversee the department budget of approximately $3 million annually.


* Develop relationships with Bank and department leaders.


* Supervise a team of three which is comprised of two management positions as well as a Project Director position.


* Ensure management team is in place within the division and develop succession plans for all leadership positions.

Qualifications:


* Bachelor’s degree or an equivalent combination of education and experience.


* 10+ years of progressively more responsible experience in Risk, Compliance, Public Accounting/Consulting, AS 5/COSO, Business Continuity, or internal auditing


* A minimum of five years of experience managing people, preferably within disciplines directly related to the functions covered by this position.


* Experience designing, developing and/or implementing internal controls.


* General knowledge of non-financial risk areas, such as Operational/Business Continuity Risk, IT and Cyber Risk, Talent/Human Resources Risk, Legal and Compliance Risk, and Strategic and Business Risk.


* Experience in risk management approaches and objectives to include but not limited to risk management framework, risk identification/mitigation, risk reporting preferred. 


* Strong executive presence and negotiation skills to influence and facilitate positive outcomes.


* Strong verbal, written, an...