Job opening: Director, Office of Risk Management and Internal Controls and Chief Risk Officer, EM-0301-00
Salary: $275 000 - 310 000 per year
Relocation: YES
Published at: Apr 11 2024
Employment Type: Full-time
This position is located in the Division of Finance, Office of Risk Management and Internal Controls (ORMIC) of the Federal Deposit Insurance Corporation in Washington, D.C.
Salary reflects a pay cap for this position of $310,000.
Duties
Serves as ORMIC’s Director and Chief Risk Officer (CRO) and is responsible for providing executive leadership and direction across organizational lines regarding: (1) designing the FDIC's governance model for internal and external risk; (2) establishing policies and procedures to manage enterprise-wide risk; (3) improving control procedures across the Corporation; (4) providing risk management services for capital investments in information technology; (5) evaluating programs to mitigate operational and other risk exposures; (6) promoting efficiency and effectiveness in operations throughout the Corporation; and (7) raising the awareness of the need for strong controls and risk mitigations (internal and external). Assignments are complex, sensitive, and Corporate-wide in scope.
Directs and oversees a wide range of activities related to the development and management of a comprehensive program and processes for anticipating, assessing, identifying, monitoring, and reducing pertinent business risks that could interfere with the FDIC's mission, business objectives, and strategic goals.
Independently reviews external and internal risks, with a system-wide perspective; facilitates transparency and sharing of information regarding existing, emerging, and potential risks; and further instills risk governance as part of the Corporation's culture. The incumbent will ensure the effective identification, monitoring, mitigation, and reporting of external and internal risks.
Ensures the effective identification, monitoring, mitigation, and reporting of internal and external risks; and facilitates transparency and information sharing on said risks, including emerging risks. Provides expert assistance and advice on risk-related technical issues, problems, and procedures. Researches and recommends solutions to issues involving risk-related aspects of policies and operational activities that require review by the Chief Financial Officer, Chief Operating Officer, Chief Information Officer, Chief of Staff, or Chairman.
Performs both immediate and long-range planning, development, and implementation of Corporate programs and procedures related to identifying, monitoring, and mitigating strategic, reputational, financial, and operational risks. As the CRO, the incumbent will also be responsible for providing timely information and reporting to FDIC senior management regarding FDIC's Risk Profile and Risk Inventory and monitoring and mitigation efforts as required.
Represents the Corporate risk perspective in dealing with senior-level managers and executives of the Corporation, members of the Board, other regulatory agencies, professional organizations, trade groups, financial institutions, and the general public.
Risk management oversight for the Capital Investment Review Committee (or equivalent governance bodies) as it relates to development efforts and other capital projects and serves on the Chief Information Officer (CIO) Council to advise the CIO as necessary regarding Corporate information technology strategies.
Evaluates FDIC policies, programs, and procedures from a risk and efficiency standpoint, and develops or revises policy and procedures designed to enhance performance and risk mitigation efforts throughout the Corporation. Also responsible for independent reviews of internal and external risks, and reporting on overall risk profile and inventory to Agency senior leadership.
Exercises supervisory personnel management authority directly or indirectly through subordinate senior managers to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback. Identifies training and developmental needs for staff and provides regular recognition of staff. Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action. Hears and resolves grievances or other disputes as appropriate. Approves/disapproves requests for leave, telework, travel, training, etc. Ensures that programs are administered effectively and in accordance with broadly stated objectives and priorities.
Develops Equal Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personnel plans, processes, programs and metrics in compliance with Corporate policy, legal requirements, and the mission of the Division; leads efforts to make the organization and management of work within area of responsibility; leads diverse groups of employees to direct work, review outcomes/effectiveness, develop and assess subordinate managers, and promote inclusion.
Qualifications
To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through progressively responsible management or executive-level assignments.
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic, religious/spiritual; community; student, social). Volunteer work helps build critical competencies, knowledge, skills, and abilities that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
MINIMUM QUALIFICATIONS: All applicants must submit a resume that addresses each minimum qualification experience. Examples should be clear, and concise, and emphasize your level of responsibilities; the scope and complexity of the programs, activities, or services you managed; program accomplishments; policy initiatives undertaken; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments.
Leadership Experience: Experience in overseeing and coordinating the work of organizational units directly and indirectly through subordinate supervisors, including assigning work; directing changes to programs and priorities; and evaluating performance against goals; AND,
Leadership Experience: Experience in managing employee performance and growth directly and indirectly through subordinate supervisors, including evaluating employee readiness for successive roles; recognizing accomplishments, providing feedback and development opportunities, and addressing performance/conduct issues; AND,
Leadership Experience: Experience in overseeing the implementation of and improvements to recruiting, hiring, training, utilization, and succession readiness of staff.
Technical Experience: Experience in mitigating internal risk exposure in large, complex banking and/or financial organizational environments, with an understanding of the operational, information technology, and regulatory framework in which financial institutions operate.
Education
There is no substitution of education for the experience for this position.
Contacts
- Address Federal Deposit Insurance Corporation
Human Resources, Executive Resources
3501 Fairfax Dr.
Room VS-D3026
Arlington, Virginia 22226
United States
- Name: Andrew (Drew) Coppage
- Phone: 202-394-5891
- Email: [email protected]
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