Finance Risk Manager

Finance Risk Manager

The Finance Risk Manager reports to the Director Finance Business Risk & Controls and is responsible for supporting the development and execution of the first line of defense risk management functions within Finance. This includes critical support functions for risk identification, assessment, mitigation, and control design and monitoring, along with policy / procedure environments and quality assurance validation, in alignment with the Company's Risk Governance Framework. This role supports and cultivates the Company's risk culture, interacting across 1st line businesses, 2nd line risk teams and internal audit (3rd Line).

Job Responsibilities :

• Supports the development and execution of the Finance risk and control environment
• Guiding and reviewing policies and procedures, ensuring all key functions and controls are appropriately documented in accordance with applicable rules and regulations
• Facilitating continuous monitoring, communication, and implementation of all applicable Risk Management and Compliance program changes, by impacted Finance teams, including processes / procedures and technology
• Coordinating with 2nd line risk teams regarding Finance-owned policies and application of Corporate policies within Finance
• Support transparent internal / external audits and regulatory exams within Finance
• Support the management, and fulfillment of testing activities
• Facilitate and monitor the management & completion of all tasks / responses / deliverables associated with assigned activities
• Cultivate and promote transparency across Finance with 2nd & 3rd lines, as well as regulators
• Supports Finance Business Line risk profile reporting and analysis
• Develops and refines Risk and Compliance reporting for Finance
• Manages Risk reporting and communications for various levels of Finance management
• Participates and influences Risk Data Aggregation initiatives throughout first and second lines of defense
• Cross functional leadership
• Demonstrate high level of collaboration and critical thinking to address problems and develop solutions as one organization, and spanning all areas of Finance
• Drive culture of shared ownership, intentional action, and accountability for results
• Collaborate with other leaders and teams to assist in the continued development and evolution of the Finance division and the organizations 3 lines of defense
• Additional responsibilities
• Performs special projects, and additional duties and responsibilities as required
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Job Requirements :

Preferred Qualifications :

Job Competencies :

Flagstar is an Equal Opportunity Employer