ERM Analyst

ERM Analyst

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General Function : Manage risk management programs for assigned divisions / functions. Maintain a balance between increased efficiency and appropriate risk mitigation and controls for the Line of Business (LOB) / function in alignment with Enterprise Risk Management vision and strategy and the LOB strategic plan. The ERM Analyst provides oversight and credible challenge to LOB / functions and escalates concerns, as appropriate, in support of the Bank's Risk Management Framework.

Essential Duties and Responsibilities : Understand all operational risk program elements (i.e. RCSA, BCRA, KRI, etc) methodology, governance, standards and procedures, including templates and overall framework. Understand the organizational structure, key management personnel, and primary objectives of the LOBs supported. Ensure the operational risk appetite is understood by the business. Partner with LOB for risk issue identification, escalation and resolution. Oversee the identification and documentation of key operational processes, risks and controls for the LOBs assigned. Utilize RCSA to assess that controls read equate to manage risks identified and, where control gaps are identified, that action plans are appropriate and completed timely. Monitor external environment for assigned line of business(es), understand and escalate significant regulatory changes. Provides oversight as 1st LOD completes their impact assessment and determination of changes needed and risk rating of the change. May provide challenge as working with more senior risk team members. Serve as lead resource and provide guidance to the LOB on risk management issues. Provide oversight of LOB risk program activities. Programs include, but are not limited to, key risk indicators, risk control self assessments, Sarbanes Oxley, business change risk assessment, policy / guideline reviews, and operational losses. Serve as key operational risk stakeholder on business change risk assessment. Actively participate in developing and reviewing new or proposed process or procedural changes, products, or business initiatives with an operational risk perspective. May participate in or lead program councils (e.g. BCRA Council). Attend operational risk council meetings and report out on trends, issues, losses from an operational risk perspective. Ensure policies, guidelines and procedures are consistently and uniformly applied within the line of business division and ensure proper review and timely update in accordance with the established review cycle to ensure they are kept up to date. Reviews operational loss trends for assigned areas and reviews escalated items. May prepare operational loss data for reporting related to a specific LOB. Provides oversight and credible challenge to operational loss root cause analysis and action plans. Performs periodic reviews of LOB procedures and provides guidance for new processes.

Supervisory Responsibilities : Effectively manage the staff to ensure that the goals and objectives of the division and the Bancorp are achieved by providing employees with timely, candid and constructive performance feedback; developing all employees to their fullest potential and providing challenging opportunities that enhance employee career growth; recruiting and developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.

Minimum Knowledge, Skills and Abilities Required : Bachelor's degree in related field or equivalent experience. 3 years of experience, banking experience preferred. A clear understanding of the Bank's approach to the management of operational risk, or equivalent experience gained in other organizations. Professional verbal and written communication skills and the ability to communicate with discretion and understanding when confidentiality is needed. Must demonstrate intellectual curiosity, be analytical and possess the ability to interpret and apply policies and regulations across a complex business(es). Must have a general understanding of banking regulations. Must be results and goal oriented, possess sound judgment and ability to apply logical / critical thought processes when approaching work or making recommendations for solutions. Ability to work in a dynamic work environment that requires multiple demands, shifting priorities, and rapid change. Must be able to maintain independence and objectivity in all aspects of position. Working knowledge of Microsoft Office products. Demonstrated ability to learn applications and internal banking systems.

Location Cincinnati, Ohio 45202

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.