Job Description

The primary function of the VP Senior Risk Manager is to provide the primary support for the banks Operational Risk Management infrastructure with a focus on the Private Banking Division. This individual acts as an agent of change as the corporation transitions to an enterprise perspective of risk management. As the program progresses, they will interact with all levels staff / management.

The VP Senior Risk Manager - Private Banking collaborates with Lines of Business by acting as an advisor to identify and assess risks that influence their business and ability to meet strategic objectives established by senior and executive management. The VP Senior Risk Manager works closely with the Internal Audit Department, Information Security, and Compliance to ensure the reliability of management reporting is effective and consistent with the Banks Enterprise Risk Management framework. T

This individual will be expected to work under minimal supervision and will be accountable for making decisions appropriate for their position and level. The incumbent must continue professional development through internal and/or external resources and demonstrate the ability to effectively utilize technical and professional skills in daily activities responsible for Policy/Program content as it relates to the Banks Vendor Management and GLBA policy. It is also necessary to ensure policy standards and regulatory requirements are adhered to and make recommendations for policy updates based upon regulatory guidance and corporate standards.

Responsibilities include, but are not limited to the following:

• Responsible for Policy/Program content as it relates to the Banks Vendor Management and GLBA policy.
• Ensure policy standards and regulatory requirements are adhered to and make recommendations for policy updates based upon regulatory guidance and corporate standards Responsible for developing and maintaining the Operational Risk Management program, including but not limited to conducting detailed analysis and data mining to identify, measure, monitor , validate and enumerate existing and emerging risks, and assisting management in the early identification of risk trends.
• Responsible and accountable for a concentration in one of the following areas of execution: GLBA, Vendor Management, Operational and New Initiative Risk Management. Support Business Line Managers in the development, design and implementation of risk management practices, processes and control enhancements in areas identified for improvement by internal and external third parties
• Provide project management disciplines to managements corrective action plans and provide ongoing status reporting on the design, implementation and effectiveness of those plans to mitigate noted risk management, compliance or internal control issues.
• Facilitating the performance of Business Line risk assessments and Business line risk training Maintain and co-ordinate documentation supporting the banks Enterprise Risk Management Program
  
  

Qualifications:

• Bachelor's Degree or equivalent experience preferred
• One to three years Internal audit, bank operations, or other related internal control or financial analysis experience preferred
• Strong foundation of the banking industry
• Agreeable to obtaining a professional designation in the area of risk management or internal audit
• Ability to apply internal control and risk management concepts to a business setting is preferred Proficient Microsoft Office and database skills
• Effective written and oral communications Analytical skills Promote a high level of client support and professionalism
  
  

About Us

At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.

Eastern Bank is an Equal Opportunity Employer of women, people of color, LGBTQIA+, religion, national origin, citizenship, neurodivergence, age, Veterans, individuals with disabilities, or any other characteristic protected by law.

At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you’re excited about this role but your experience doesn’t fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU.