Risk & Controls Associate supporting Wealth Management by implementing risk management frameworks and collaborating across teams in financial services. Engaging in risk assessments and compliance at Flagstar Bank.
Responsibilities
Help design, build and implement a risk management framework
Lead ongoing identification, assessment, and measurement of material risks and key controls
Collaborate with Private Bank & Wealth Management teams
Engage with Broker Dealer and Bank leaders on incidents and issues
Coordinate risk management assessments of new products and services
Provide risk advisory and guidance to Business Process Owners / Advisors
Participate in Enterprise Risk and Compliance forums and socialize with Wealth Management Advisors
Ensure compliance with all Enterprise Risk management policies and standards
Prepare comprehensive reports communicating results of findings
Requirements
High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent
4+ Years of risk and internal control (or similar) experience
Experience in Wealth Management products and services including Investment Management & Advisory, Insurance, Trust Advisory, and Fiduciary Advisory
Broker Dealer and/or Large Bank experience
Experience with Fiduciary Compliance obligations
Proven ability to lead and execute in change management environments
Experience in acquisition/integration environments
Undergraduate Degree (4 years or equivalent) preferred
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