Manager of BRCO Governance - Enterprise Security and Technology

Job Description

Manager, Business Risk and Control Office (BRCO) Governance The Business Risk and Control Officers (BRCOs) play a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. BRCOs are critical to the success of the Risk Management Lifecyle and play a role in Planning, Identifying, Assessing, Mitigating, Monitoring, and Reporting. BRCOs are members of the First Line of Defense (1LOD) who :

• Provide leadership and coaching to the 1LOD to proactively identify and effectively manage risks.
• Translate and educate 1LOD to enable and drive business relevant implementation of Second Line of Defense (2LOD) risk management frameworks, policies, taxonomies, and inventories.
• Review, validate, and test 1LOD activities to ensure adequate control design and effective control operation.
• Provide credible challenge to 1LOD colleagues, ensuring safeguard and risk mitigation measures are upheld in decision making and adherence to 2LOD frameworks and policies prior to 2LOD review.
• Drive two-way collaboration across 1LOD and 2LOD; liaise between 1LOD and 2LOD to drive engagement throughout the risk management lifecycle.
• Collaborate and coordinate across the organization to help navigate and mitigate horizontal risk promoting resilience and ensuring safety and soundness.
• Document, aggregate and report risk in accordance with the risk management lifecycle.

The Manager, Business Risk and Control Office (BRCO) Governance will be responsible for leading a team to collaborate with First Line of Defense (1LOD) on risk management frameworks, tools, regulatory requirements and how to build and maintain internal controls. They will also be responsible for governing and managing the Line of Business framework and programs as well as managing various risk committees. The Manager, BRCO Governance role will also be responsible for helping advise, guide, support and / or own 1LOD additional risk activities, while ensuring alignment to Second Line of Defense (2LOD) frameworks and policies, in topics such as Exams, Compliance, Third-Party Risk, Model Risk, Complaints, Human Capital, and Business Continuity. Position Responsibilities :

Collaborates with 1LOD on risk management frameworks, tools, regulatory requirements and how to build and maintain internal controls

Line of Business Governance and Risk Committees

Provides credible challenge to 1LOD colleagues, ensuring safeguard and risk mitigation measures are upheld in decision making and adherence to 2LOD frameworks and policies prior to 2LOD review. Advises, guides supports and / or owns additional risk activities required for a well-functioning organization, such as :

A successful candidate will have the following knowledge and / or skills :