SUMMARY/OBJECTIVES

Position is primarily responsible for the support and execution of risk management activities within the Risk Management Division as the second line of defense under South State’s Enterprise Risk Management Framework.

ESSENTIAL FUNCTIONS

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Develop and maintain the ERM Program Manual.

• Providing leadership and challenge in determining the appropriate Enterprise KRIs, thresholds, triggers and escalations for monitoring and tracking at various levels (Board of Directors, GECC Committees, and Business Unit (BU) Committees)

• Coordinate the key risk indicator (KRI) process. Ensuring the identification and collecting of data is accurately and timely documented and reported.

• Develop and maintain Archer enhancements supporting the KRI process.

• Support execution of Risk & Control Self Assessments (RCSA) Program.

• Continue to develop, mature, maintain and manage the KRI Central Library.

• Assists the Director of ERM to update and maintain risk appetite, risk policies and risk dashboards.

• Assist Director of ERM develop good communication channels to ensure risks are proactively identified and addressed.

• Under the direction of the Director of ERM, supports SouthState’s ERM Framework to provide a consolidated view of risk in the organization and compliance with the company’s Risk Appetite Statement.

• Understands the top and emerging risks facing the enterprise and incorporates these risks into the overall program on an ongoing basis.
• Collaborates with the Director of ERM and other risk management employees to continuously improve risk management activities and oversight in the company.
• Develop strong partnerships with business units and stakeholders. Monitor compliance with the company’s risk appetite, anticipate trends and alert management of emerging risks and ensure effective challenge to promote a strong risk culture throughout the organization.
• Partners with management of assigned business units to develop risk mitigation strategies and provide effective challenge for risks outside established appetite and tolerance.
• Maintains informal and formal communications channels with all levels in the organization to gather risk data, obtain confirmation of effectiveness of controls, and help disseminate a risk culture throughout the organization.
• Supports assigned business lines in understanding and identifying enterprise and business process risks and designing and implementing programs to address and mitigate those risks.
• Supports the Enterprise Risk Manager, Director of Operational Risk and the Chief Risk Officer in their risk oversight responsibilities to ensure program meets regulatory requirements.

• Assist in creating and maintaining the risk assessment process, developing and maintaining ERM Risk Registers and Bank Risk Assessments and implementing strategies to mitigate operational or emerging operational risk.

• Supports assigned operational functions of the Risk Management Division, to include:
• Coordinating with Internal Audit the assessment and monitoring of controls that help mitigate significant risks
• Participating in and supporting key initiatives such as new product and service development, infrastructure changes, conversions, etc. to ensure that risk(s) are appropriately addressed.

• Continuously update skills by participating in professional training

• Seek opportunities to improve skills through cross-training offered by the Bank

• All other tasks, responsibilities or duties, as directed by management

OTHER DUTIES

• Accepts other duties as assigned.

COMPETENCIES

• General banking knowledge

• Risk Management and/or Internal Audit experience.

Qualifications and Education Requirements

• Education: Bachelor of Arts or Science in Finance/Accounting, Business, or related field.

• Experience: 10+ years of experience with previous Risk Management and/or Internal Audit experience in banking preferred. Prior management and/or supervisory experience.

• Knowledge: Good interpersonal skills, good computer skills, ability to read, write, speak and understand English

TRAINING REQUIREMENTS/CLASSES

Required annual compliance training.

40 hours of risk based annual training

RECOMMENDED ADDITIONAL TRAINING

New Employee Orientation

Supervisory Responsibility

This position has supervisory responsibilities.

PHYSICAL DEMANDS/WORK ENVIRONMENT

Must be able to stand and/or sit for long periods of time. Must be able to effectively access and interpret information on computer screens, documents, reports, and cash denominations, and identify customers.

TRAVEL

This position requires travel.