Business Risk & Controls Program Specialist I

As a first line of defense risk professional, this position is responsible for the support and execution of various risk programs and activities within a Business Unit (BU), adhering to the Bank's Risk Appetite and Corporate Strategy. Ensures the timely tracking and reporting of business risks and controls across all risk types. Supports the execution of risk policies, standards, procedures and/or program requirements. May assist in the communication between the business, the 2nd & 3rd line, and regulators.

Business Risk & Controls Knowledge and Expertise - Develops an understanding of the complexities inherent in the organization's business environment, including industry markets, products, services, client-base and competitive landscape. Aids cross-functional teams to assess the impact of external factors including regulatory changes, market disruptions or business operations and strategy.

• Risk Program Execution - Supports the implementation and maintenance of the BU's risk management framework. Aids in the regular maintenance of policies, standards and procedures that support risk program execution. Tracks in the resolution of issues across the organization, ensuring timely escalation and remediation. Produces regular metric-focused and thematic updates that detail the effectiveness of issue remediation efforts. Coordinates with other functions (i.e. Compliance, 2LOD) to ensure alignment with broader risk management and governance objectives.
• Regulatory Engagement - Supports regulatory inquires, examinations, and audits in collaboration with internal stakeholders. Coordinates regulatory submissions, response, and report requirements, ensuring accuracy, completeness, and timely submission.
• Risk Governance & Reporting - Maintains risk reporting frameworks, dashboards and metrics to provide senior management with timely and actionable insights into risk profile and risk management activities. Prepares regular risk reports and presentations summarizing key risk indicators, risk trends, emerging risks, and risk mitigation efforts for financial and non-financial risk stripes.

Bachelor's Degree and 0 years of experience in risk controls in a commercial bank OR High School Diploma or GED and 2 years of experience in risk controls in a commercial bank.

Preferred Area of Experience:

• Prior experience as a Business Risk & Controls intern at First Citizens Bank during summer 2025 in the Strategy group
• Financial Services
• First Line Risk Management
• Enterprise Risk
• Operational Risk
• Project Management and/or Internal/External Consulting
• License or Certification Type: CRCM, PMP, CERP, CAMS; ISACA CISA, ISACA CRISC

PreferredSkill(s):

• Knowledge of risk techniques, practices, and control frameworks, Knowledge of various banking and government regulatory requirements and processes
• Knowledge of regulatory guidance pertaining to enterprise risk and operational risk

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

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