Top Risk Management Executive oversees all aspects of an organization's risk management function. Responsible for planning and developing business analysis, risk modeling, and loss prevention programs. Being a Top Risk Management Executive designs strategic initiatives to protect assets from economic, market, and regulatory risks that the organization is exposed to. Requires a bachelor's degree. Additionally, Top Risk Management Executive typically reports to Chief Executive Officer (CEO). Responsible for the development of functional or business unit strategy for the entire organization. Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. (Copyright 2024 Salary.com)
This position works closely with first line business units, second line Enterprise Risk Management colleagues and external contacts (e.g., third parties) as a thought leader in the maturation of Rockland Trust’s second line of defense Fraud Risk Management and Identity Theft Red Flag Programs. The Fraud Risk Management Officer works with all levels of the organization and assists the Director of Operational Risk and the first line of defense in the identification, assessment and mitigation of fraud and identity theft red flag risks, including the evaluation of associated controls and metrics, in order to assess the Bank’s ability to manage fraud and identity theft risk to within risk appetite. Results will be documented in the Archer Governance, Risk and Compliance (GRC) system.
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