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Wealth Business Unit Risk Officer

Wealth Business Unit Risk Officer

USA JobsPhiladelphia, PA, US
17 hours ago
Job type
  • Full-time
Job description

Business Unit Risk Officer For Wealth Division

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service is more than part of our name, it's our mission and our purpose.

The Business Unit Risk Officer for the Wealth Division is a dedicated risk leader embedded within the business unit. This role is responsible for fostering a strong risk culture and ensuring that risk management practices are effectively integrated throughout the operations of the respective business unit(s). The incumbent will serve as a subject matter expert within the respective business unit as well as a point person to the Risk Division (ERM, Compliance, Wealth Compliance, etc.) and Internal Audit; ensuring timely identification, assessment, escalation, and remediation of all applicable categories of risk (Credit, Interest Rate, Liquidity, Price / Market, Operational, Compliance, Strategic, and Reputational risk), and emerging risks as required by applicable Risk Division policies / programs. In addition, the incumbent will own the risk management responsibilities and deliverables, on behalf of the respective Wealth Division business units and collaborate with Wealth Division senior leadership to ensure timely and accurate completion of these deliverables. This role is essential for advancing risk-informed decision-making, ensuring business initiatives align with the organization's risk appetite, fulfilling regulatory, and internal expectations.

Job Responsibilities :

  • Act as the business unit(s) primary contact for all Wealth Division risk matters and ensure alignment between front-line activities and risk management expectations.
  • Build and successfully manage relationships with Wealth Division key stakeholders and senior leadership within the respective business unit(s) to maintain knowledge and awareness of departmental operations, risk management developments, and new / changes to processes, products, services, and initiatives.
  • Periodically meet with Wealth Division ELT and senior leaders to complete and review.
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