Apply Now >>    
Posting Date :
1-9-2018
Primary Location :
Atlanta Area, GA US
Work Address :
303 Peachtree Street
Job ID :
W447563
Schedule :
Full-time
:
LOD1-Operational-Risk-and-Control-Consultant
Job Description :
Job Description

Part of the First Line of Defense (LOD1) Operational Risk & Control function as defined in the STI Enterprise Risk Policy. 

LOD1 Operational Risk and Control Consultant:  Develops, analyzes, coordinates and implements the LOB Risk Management programs and framework.  Serves as the risk management expert providing leadership and meaningful input to ensure risk data is captured, risk mitigation strategies and controls are developed, and appropriate reporting mechanisms are in place. Assures the LOB has adequate processes and procedures in place to effectively monitor and manage risk.

Monitors LOD1 activities related to BSA AML compliance with operational risk guidelines.  Completes Domestic Correspondent Banking Reviews as well as AML Risk Assessment (RAF) Risk Concurrence Targeted Reviews of complex units and LOB’s.  Provides thought leadership and expertise in risk management practices and subject matter knowledge. Assesses levels of adherence/execution and identifies risk/control improvements in areas with high complexity.  Develops practical solutions to implement operational controls and risk management activities.  Identifies cross-segment solutions and collaborates across multiple areas to identify effective and practical controls and risk management techniques.   Conducts risk and control assessments on a regular basis to ensure function/LOB meets corporate standards that specifically relate to internal operating controls.  Makes recommendations for the update of function/LOB control, policy, procedures, and risk/control documentation. Develops project plans, determine scope, lead projects, and verify deliverables with stakeholders. Interpret results and present findings and recommendations.  Assists with knowledge transfer of resources and processes to other Risk teams.  Assist with projects and assignments to assure full compliance with provisions of Bank Secrecy Act law.  May serve as mentor to other Risk & Control Consultants, as well as lead other teammates in project execution.  


Qualifications

Basic Qualifications: 

  • Bachelor’s degree in Business, Economics, Finance, or Accounting, or an equivalent combination of education and work experience. 
  • 10 years of work experience including audit, operations, process engineering or risk management
  • Strong knowledge of SOX and other industry-related regulatory requirements, and operational risk concepts. 
  • Professional communication both written and verbal, presentation skills and relationship management skills. 
  • Demonstrated leadership skills. 
  • Solid knowledge of risk management principles and controls, broad-based business practices, and deep understanding of segment/function business processes, with the ability to assess levels of adherence/execution and identify risk/control improvement opportunities.
  • Banking, research or investigative experience helpful
  • Prior BSA/AML experience

Preferred Qualifications:

  • MBA or advance degree. 
  • Consulting experience at a corporate level. 
  • Experience in the financial services industry
  • Project management skills.  
  • Ability to work within a matrix organization. 
  • Professional certification or license


Equal Opportunity Employer: SunTrust supports a diverse workforce and is a Drug Testing and Equal Opportunity Employer. SunTrust does not discriminate against individuals on the basis of race, creed, color, gender, religion, national originTo review the EEO Poster, copy and paste the following link into your browser: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf http://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf
Apply Now >>    
Link for schema