Sr Enterprise Risk Management Specialist

The Sr. Enterprise Risk Management (ERM)Specialist, under the direction of the Risk Governance Manager, contributes to critical elements of the governance and administration of the Enterprise Risk Management department. Key responsibilities include execution of the Enterprise Risk and Control Self-Assessment (RCSA), Issues Management and Risk Appetite programs, including providing effective challenge of individual risk and control assessments, stakeholder communications, execution of and reporting against program objectives, processes, and initiatives, and accountability for the quality and timeliness of deliverables.

The Sr. ERM Specialist is expected to contribute to the overall advancement and integration of core program objectives across the Bank, promoting risk and control communication for augmented transparency, decision making and risk optimization. The individual must communicate and collaborate effectively with senior management, colleagues, and teammates across all three lines of defense.

The position will work closely with business line management and staff in carrying out the assigned duties. The ERM Senior Specialist demonstrates independent judgement and assists the ERM team by performing wide range of services, many of which are complex and confidential in nature.

RESPONSIBILITIES

• Execute on the enterprise RCSA program in collaboration with first and second line of defense risk owners.
• Ensure that appropriate risk owners are designated.
• Provide effective review and challenge of management inputs into the RCSA, promoting accuracy and improvement.
• Train and facilitate risk owners to properly conduct and document RCSA process in PremierIQ (Archer).
• Provide guidance to risk owners regarding identifying risks, measuring risk impacts and identifying effective control process.
• Work with risk owners and senior managers to develop relevant and measurable key risk and control indicators.
• Ensure identified control gaps and failures are appropriately incorporated through Archer into RCSA results.
• Support senior management and ERM leadership in ensuring that risks are mitigated to levels consistent with the Bank's risk appetite.
• Make recommendations to policies, processes and procedures to improve risk optimization, mitigation, and reduce gaps.
• Engage and develop effective working relationships with business owners and support partners to support cooperative responses to risk management matters and issues.
• Communicate progress and report results related to assigned responsibilities on a regular basis to ERM management.
• Promote risk awareness through consultative guidance on risk management program matters.
• Ensure compliance with enterprise-wide Issues Management program within the PremierIQ platform.
• Ensure timely updates and transparency on progress of issue resolutions.
• Monitor the issues portfolio for the Bank, inclusive of regulatory matters and ensure new issues are linked to appropriate related control(s) within the control inventory.
• Escalate any critical decisions, roadblocks, or delivery issues to ERM and business line management and other stakeholders as appropriate.
• Partner across 2nd line of defense functions to contribute enterprise perspective on respective risk and control assessments.
• Collaborate with and support ERM functional areas (such as operational, fraud or model risk management) in assessing and proposing solutions to process and/or control gaps identified by those programs in the context of the broader ERM program.
• Other duties as assigned.

QUALIFICATIONS

• 3+ years of experience in banking or similar industry with exposure to enterprise risk management responsibilities in either risk and control assessments, compliance, internal audit, business operating or risk oversight function.
• Must have RCSA experience.

A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $93,570 to $140,355. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit https://www.ppbi.com/careers.html

CA (Los Angeles applicants): Applicants are notified that the Company is an insured depository institution subject to the restrictions and requirements of Section 19 of the Federal Deposit Insurance Act (12 CFR 303) ("Section 19"). In accordance with Section 19, the Company will consider an applicant's criminal history after an applicant is made a conditional offer of employment. Qualified applicants with criminal conviction records will be considered for employment in accordance with the Los Angeles Fair Chance Ordinance. Section 19 may prohibit the Company from employing an applicant with criminal conviction(s) for fraud, breach of trust, embezzlement, mishandling of money or any crime of violence may have a direct impact on the job duties as set forth in the job description and such convictions may result in withdrawal of a conditional offer of employment in accordance with the Los Angeles Fair Chance Ordinance. Because of the nature of our business, a review of your criminal history is necessary to comply with Section 19 and to avoid substantial risk to our business operations and licensing.

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