If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
Position Summary
Responsible for ongoing execution of Enterprise Risk Management programs, including Concentration Risk Management, Emerging Risk Management, Enterprise Risk Assessment, and Strategic Plan Risk Assessment, as well as supporting the implementation and maturity of Strategic and Reputational Risk Programs in 2nd Line.
Key Responsibilities
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Lead execution of the annual Enterprise Risk Assessment; work with key stakeholders to prepare materials, support users, manage meetings, and prepare report for committees
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Lead execution of the annual Strategic Plan Assessment; working with key stakeholders to prepare assessment materials, manage meetings and document results
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Contribute to the design and maturity of the emerging risk and concentration risk management programs
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Monitor emerging risks, reviews key performance indicators/metrics, and industry trends to proactively identify and report on potential threats to the organization
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Develop ongoing training for first and second line stakeholders on relevant programs.
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Support implementation of Strategic and Reputational Risk Management Frameworks by working with Business partners to develop and enhance risk programs across the organization
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Develop and maintain policy and documentation for ERM programs and relevant policies, procedures, and job aides.
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Prepare reports to senior management and executive committees on risk programs results, unmitigated risks with strategies and efforts to address, and assists with regulatory examination preparation
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Remain knowledgeable about the enterprise risks areas across the bank, including areas of cross organizational risk and concentration risk.
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Provides support for special projects and initiatives as appropriate.
Education, Experience and Skill Requirements
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BS in Economics, Finance, Accounting, Business Administration, or related field required; advanced degree preferred.
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Four to seven years' experience in Operational risk management, enterprise risk management, audit experience required, project management and banking experience preferred
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Able to manage and execute multiple complex projects within required timelines and expectations required.
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Knowledge of banking operational processes and/or experience preferred.
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Excellent communication and presentation skills are required.
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Ability to partner effectively across the organization and develop positive working relationships.
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Demonstrated conceptual thinking and analytical skills.
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Inquisitive nature, resourcefulness, and ability to seek out information.
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Ability to work independently in a continuously changing environment.
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Energetic and positive outlook.
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Familiar with using GRC Platforms
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Advanced PC/system skills including proficiency with Microsoft Word, Excel (V Lookup and Pivot Tables), PowerPoint.
This is role has a hybrid work schedule and can be based in our Southington, CT, Stamford, CT or White Plains, NY office.
The estimated base salary range for this position is $110,000 USD to $135,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
What We Do
Webster is a leading commercial bank that delivers financial solutions to business, individuals, families and partners. With more than $60 billion in assets, we offer digital and traditional service delivery through our differentiated lines of business: Commercial Banking, Consumer Banking and HSA Bank, one of the country’s largest providers of employee benefits solutions.
Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity and affirmative action employers M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.
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Webster Bank, the Webster Bank logo and the W symbol are trademarks of Webster Financial Corporation and Registered in the U.S. Patent and Trademark Office.
