Director, Third Party Risk Management

At FNBO, our employees are the heart of our story-and we're committed to their success! Please see below the details of this career opportunity and how it fits into our organization's success.

About This Role:

• Build, manage, and direct TPRM and EVM programs for Partnership Division and Credit Division, and manage a team of risk individuals who will complete various functions to manage division risks and applicable regulations.

• Advise business units on Program interpretation and related matters and make Program decisions, ensuring appropriate procedures and controls are developed and implemented that allow business units to operate within established risk appetite and tolerances.

• Responsible for reporting initiatives to Executive Management in Partnership, Credit and Second Line Risk teams. Develop and maintain monitoring and appropriate reporting on the Programs for applicable executive leadership, Boards and Committees, including exception and escalation issues aligning with key risk and performance metrics.

• Develop a vision, strategy, and plan of action for team, have a solid understanding of the business, influence others to act and make informed decisions. Promote a strong Compliance culture and influence others to create commitment and action. Ensure the right person is in the right role, communicate clear expectation with measurable outcomes, coach and develop team, and hold individuals accountable.

• Work collaboratively with SMEs, business unit partners, and oversight committee members and lead discussions of emerging areas of Regulator or CRO focus pertaining to the Program.

• Maintain an understanding of all relevant laws and regulations, current regulatory guidance, and enterprise policies and procedures relating to business strategies, products, services, processes, and third parties.

• Establish, implement, and manage risk standards and programs within the day-to-day business control environment. Manage processes to accurately measure, test, and evaluate controls and business practices to determine whether practices are consistent with laws and regulations.

• Build, manage, and direct TPRM and EVM programs for Partnership Division and Credit Division, and manage a team of risk individuals who will complete various functions to manage division risks and applicable regulations.

• Advise business units on Program interpretation and related matters and make Program decisions, ensuring appropriate procedures and controls are developed and implemented that allow business units to operate within established risk appetite and tolerances.

• Responsible for reporting initiatives to Executive Management in Partnership, Credit and Second Line Risk teams. Develop and maintain monitoring and appropriate reporting on the Programs for applicable executive leadership, Boards and Committees, including exception and escalation issues aligning with key risk and performance metrics.

• Develop a vision, strategy, and plan of action for team, have a solid understanding of the business, influence others to act and make informed decisions. Promote a strong Compliance culture and influence others to create commitment and action. Ensure the right person is in the right role, communicate clear expectation with measurable outcomes, coach and develop team, and hold individuals accountable.

• Work collaboratively with SMEs, business unit partners, and oversight committee members and lead discussions of emerging areas of Regulator or CRO focus pertaining to the Program.

• Maintain an understanding of all relevant laws and regulations, current regulatory guidance, and enterprise policies and procedures relating to business strategies, products, services, processes, and third parties.

• Establish, implement, and manage risk standards and programs within the day-to-day business control environment. Manage processes to accurately measure, test, and evaluate controls and business practices to determine whether practices are consistent with laws and regulations.

• Responsible for the overall design and ongoing of monitoring and oversight of third parties to identify gaps, as well as efficiency and continuous improvement opportunities to improve the risk ecosystem.

• Maintain and foster strong relationships with business partners, front line controls, legal, and other lines of business to facilitate discussions and resolve issues. Work closely with partners in 2nd Line (Corporate Compliance, FCC, Legal and Risk) to ensure appropriate decision making within enterprise risk tolerance.

The Ideal Candidate for This Role:

Key Skills:

• Excellent communication skills and ability to deliver information effectively to all levels of management.

• Ability to think creatively and strategically, and to develop and implement tactical solutions to business plans.

• Demonstrated understanding of compliance program concepts, with an ability to translate this understanding into effective programs that meet business and regulatory needs.

• Excellent project/time management skills and the ability to multi-task and maintain composure in a fast-paced environment.

• Self-motivated and detail-oriented with ability to make reasoned decisions under pressure.

• Strong collaboration and influencing skills - ability to identify and influence key decision makers across various levels and functions within the organization.

• Consistently demonstrates clear and concise written and verbal communication skills with ability to engage at senior management levels.

• Ability to lead division-wide projects with risk and complexity and solve complex problems requiring innovative solutions.

Required:

• 5+ years of experience in compliance, risk, internal audit, or regulatory experience in the banking industry

• 5+ years of management experience, which demonstrates the ability to develop successful, high-performing teams while building collaborative relationships

• Strong communication and collaboration skills, including the ability to work effectively with others at all levels across the organization

• Proficient in Microsoft Word, Excel, PowerPoint, Outlook, and Teams

• Strong analytical skills with high attention to detail and accuracy

• Experience working with executive management, demonstrating a consultative approach and keen ability to analyze and effectively communicate and/or resolve stakeholder needs

• Ability to exercise independent judgment and creative problem-solving techniques and articulate complex concepts in a clear manner

Desired:

• Prior experience working with 2nd and 3rd line teams

• Prior experience working with regulatory agencies, including OCC & CFPB

Compensation:

This role may have a specific starting pay within this range.

Final compensation offer to candidate may vary from posted hiring range based upon work experience, education, and/or skill level.

Benefits Overview:

We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:

• Medical, Dental, Vision Insurance

• 401k, With Matching Contributions

• Time Off Programs

• Health Savings Account (HSA)/Dependent Care

• Employee Banking

• Growth Opportunities

• Tuition Assistance

• Short-Term/Long-Term Disability Insurance

Learn more about FNBO benefits here: https://www.fnbo.com/careers/benefits/.

For additional information regarding compensation and benefits, e-mail FNBO at TAGAdmin@fnni.com. To ensure you receive a response, include the number of this job (listed below) in the subject line of your message.

Equal Opportunity & Belonging:

FNBO believes that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee experience is Belonging. Belonging means we are committed to fostering a workplace culture where employees of all backgrounds feel valued, recognized, and empowered to be their authentic selves-no matter their role or where they are in their journey.

Learn more here.

FNBO is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity.

Click here to download 'EEO is The Law' Self-Print Poster

Click here to download 'EEO is The Law' Supplement for Federal Contractors

Click here to download 'EEO is The Law' GINA Supplement

FNBO is an Equal Opportunity/Affirmative Action/Veterans/Disability Employer - Member FDIC

FNBO follows federal law regarding the use of marijuana (this applies to all non-California applicants)

Application Deadline:

All our jobs will be posted for a minimum of 5 calendar days. Job postings may come down prior to 5 calendar days based on volume of applicants.