Assist business owners in identifying new key risk activities (KRAs) and on a quarterly basis. The candidate will update the risk management dashboard to reflect current KRAs in coordination with KRA owners.
Assist KRA owners in identifying, measuring, assessing, controlling, and monitoring KRAs on an ongoing basis.
Coordinate quarterly enterprise risk assessment with business managers and test assessments and controls.
Aggregate risk assessments and prepare summary statements to conclude on the Bank’s overall risk assessment system (RAS).
Assist KRAs in developing action plans to correct weak or insufficient risk management practices, if any.
Assist Supervisor in coordinating, developing, and implementing the risk management framework and processes bank wide.
With the oversight of the audit committee, develops requests for proposal (RFP) from audit firms to conduct outsourced/co-sourced audits of the Bank’s control environment to execute the risk-based audit plan.
Coordinate internal audits with Bank’s outside independent audit firm.
Coordinate management responses to audit reports with business owners.
Serve as liaison to bank’s outsourced Internal Auditors with responsibilities for coordinating audit scheduling, distribution of reports to Audit Committee and responsible officers and managing the audit reply process.
Manage the Audit Tracking Report issued by Bank Auditor.
Responsible for tacking all outstanding internal audit findings and business owners’ remediation efforts