Enterprise Risk Program Manager

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

This role assists the MD in addressing heightened standards and the requirements including Emerging Risk Identification, Monitoring and Reporting, Concentration Risk Management. This is in addition to the key ERM programs (Enterprise Risk Assessment and Long Rang Plan risk assessment) which require sophistication and subject matter knowledge to execute. Responsibilities will include being a contributor to the development and execution of these programs.

*** This role has a hybrid work schedule. We are looking for candidates located near our Southington, CT office as this role will require to commute to the office three times per week.

Responsibilities include:

• Lead execution of the annual Enterprise Risk Assessment; work with key stakeholders to prepare materials, support users, manage meetings, and prepare report for committees

• Lead execution of the annual Strategic Plan Assessment; working with key stakeholders to prepare assessment materials, manage meetings and document results

• Oversee Issue Management program including reporting, training, and transforming user feedback into system/program enhancements. Leverage program data for quarterly committee reporting.

• Implement Risk Management Framework by working with Business partners to develop and enhance risk programs across the organization

• Monitor emerging risks, reviews key performance indicators/metrics, and industry trends to proactively identify and report on potential threats to the organization

• Develop and maintain policy and documentation for ERM programs and relevant policies, procedures, and job aides.

• Prepare reports to senior management and executive committees on risk programs results, unmitigated risks with strategies and efforts to address, and assists with regulatory examination preparation

• Remain knowledgeable about the enterprise risks areas across the bank, including areas of cross organizational risk and concentration risk.

• Provides support for special projects and initiatives as appropriate.

Requirements:

• BS in Economics, Finance, Accounting, Business Administration, or related field required; advanced degree preferred.

• Operational risk management, enterprise risk management, audit experience required, project management and banking experience preferred

• Able to manage and execute multiple complex projects within required timelines and expectations required.

• Knowledge of banking operational processes and/or experience preferred.

• Excellent communication and presentation skills are required.

• Ability to partner effectively across the organization and develop positive working relationships.

• Demonstrated conceptual thinking and analytical skills.

• Inquisitive nature, resourcefulness, and ability to seek out information.

• Ability to work independently in a continuously changing environment.

• Energetic and positive outlook.

• Advanced PC/system skills including proficiency with Microsoft Word, Excel, PowerPoint

The estimated salary range for this position is $106,000.00USD to $120,000.00USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.