Job Summary
Manages the Financial Risk Projects as part of the LFI Program for the Risk Division. Responsible and accountable for the delivery, coordination, status reporting, and management of mission critical LFI program level initiatives. Ensures the bank is compliant with the heightened standards of an LFI Program, by driving the planning, execution, problem solving, and coordination of highly complex technology and business programs; ensures goals and objectives of programs are documented and accomplished within prescribed time frames and funding parameters. The position requires extensive banking and compliance knowledge in working with LFI related issues, the ability to exercise sound judgment and ensure the program aligns with the regulatory expectations of an LFI Bank. Executes on plans and activities pertaining to program delivery for multiple business organizations to achieve the business strategy.
Job Duties and Responsibilities
- Leverages their expertise of Financial Risk and the regulatory environment to ensure that Synovus meets the regulatory expectations for a LFI Bank.
- Works with Workstream leads to execute and problem solve on the various financial risk work streams needed complete LFI readiness.
- Drives the review of program proposals and plans; determines time frame and procedures for completing programs. Understands both the technical and operational scope/objectives of the program while ensuring the program teams' commitment to the delivery plan. Executes on the established work plan for each project under the program roadmap in accordance with Synovus' Project Governance Framework.
- Drives the execution of project plans and teamwork assignments. Directs and monitors work efforts on a daily basis, identifying resource needs while monitoring/reporting demand and capacity constraints. Performs routine quality reviews and escalates functional, quality, timeline issues appropriately and follows through to issue resolution.
- Leverage their knowledge of credit risk to elevate our credit processes and Policies to align with LFI requirements
- Works well with other peers in a collaborative environment, with a willingness to shift priorities and resources on risk-based needs. Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations, risk, and metrics specific to their role. Additionally, raises and reports known or suspected violations to the appropriate Company authority in a timely fashion. Performs other related duties as required.
- Drives communication with all areas of the enterprise that impact scope, budget, risk, and resources of the various projects under each program. Drives business process change activities to ensure successful project and program implementation while ensuring Synovus executives are aware of progress as needed. Coordinates request for changes from original specifications and ensures proper change communication and impact analysis are assessed and in support of the program's overall goals.
- Understands the Capital Planning process and how to elevate the Financial Risk Processes to the requirements of an LFI Bank.
- Performs other related duties as required.
The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment.
QualificationsMinimum Education:
- Bachelor's degree or related discipline or an equivalent combination of education and experience. Business Administration or related field
Minimum Experience:
- Seven years 7 years of experience in large financial institutions or consulting firm and 5 years of experience in Financial risk management roles. Demonstrated experience with regulatory requirements, compliance framework programs, practices, and governance. Strong communication, presentation, and project management. Experience managing or providing direction to a team.
Required Knowledge, Skills, & Abilities:
- Prior management of large projects
- Proven knowledge of financial risk and the regulatory environment
- Ability to manage and work tactically to drive multiple, complex programs at once while providing actionable solutions.
- Ability to communicate and interact with all levels of management.
- Proficient knowledge of consumer compliance laws and regulations to include lending, deposit, credit cards, third party lending and issuing, and fair lending.
- Strong analytical and problem solving.
- Strong interpersonal, written, and oral communication skills.
- Proficiency with Excel, Word, PowerPoint, SharePoint, etc.