Business Risk Manager Jobs in California (NOW HIRING)

GENERAL SUMMARY

A centralized first line of defense Business Risk Analyst supports Business Risk Control Officers (BRCOs) across assigned units. The centralized team drives consistency and standardization in risk management activities, enabling a cohesive, efficient, and transparent risk program. This role provides analytical capabilities, risk data coordination, and operational support to identify, assess, monitor, and report risks in a consistent 1LOD approach.

ESSENTIAL FUNCTIONS

• Implement and promote common templates, definitions, and governance approaches for risk management.
• Design, implement and monitor risk metrics supporting assigned unit activities. Identify leading indicators and early warning signals across assigned units. 
• Manage the reporting of Key Risk Indicators (KRIs) and performance-linked metrics aligned to business processes.
• Build statistical and trend-based analysis models to monitor risk concentrations and operational anomalies.
• Support rollout and adherence to risk policies, standards, and escalation procedures across all units.
• Produce regular risk reporting presentations for risk governance forums and senior management.
• Flag red/yellow risk trends and assist in root-cause analysis, ensuring consistency in interpretation across units.
• Track remediation actions, milestones, and deadlines; assist in status reporting with standardized formats.
• Analyze risk data to identify patterns, gaps, and opportunities for control improvement using uniform methodologies.
• Assist in risk events capture, investigation support, and post-event reviews using common procedures.
• Contribute to risk monitoring programs, incident reporting, and escalation workflows in a standardized way
• Support training and awareness activities for frontline teams on risk management practices.
• Develop risk reporting visualizations across key business functions using tools such as:
  
  • Excel
  • Power BI/Tableau
  • PowerPoint
  • Visio
• Define threshold structures (Green / Amber / Red) based on risk appetite for escalation.
• Monitor daily, weekly, and monthly risk metric performance and produce risk intelligence reports for management and division heads.
• Support Issue Management for assigned Business units.
• Conduct process-level risk identification for assigned Business units.
• Map operational workflows to risk events and control points.
• Identify control gaps and emerging operational risks based on metric behavior.
• Provide analytical insights to strengthen internal controls and reduce loss events.
• Monitor risk tolerance breaches and escalate according to governance protocols.
• Partner with Business Risk and Control Officers to:
  
  • Interpret risk metrics
  • Identify operational vulnerabilities
  • Improve process resilience
• Support third party onboarding and ongoing monitoring activities by supporting respective BRCOs and business units. 
• Support Risk and Control Self-Assessment (RCSA) processes with quantitative evidence.

QUALIFICATIONS

Education:    

• Master’s degree preferred (MBA, Finance, Analytics).
• Bachelor’s degree in Finance, Risk Management, Economics, Data Analytics, Statistics, Mathematics, or other major within quantitative disciplines is required.

Experience:  

• Must have a minimum of 3-5 years of leadership experience in a banking environment or within the financial services industry serving in risk-related roles, preferably in a first line or a second line risk management role (operational risk management is preferred).
• Experience with risk systems or governance, risk, and compliance (GRC) platforms.
• Understanding of specific regulatory environments relevant to the organization.

Skills/Ability: 

• Strong knowledge of banking operations, products, and services and their related first line internal operating processes.
• Knowledge of incident management, KRIs, RCSAs, and risk remediation tracking.
• Advanced level experience working in Microsoft Office applications, including Word, Excel, PowerPoint, and Visio.
• Highly analytical, detailed oriented, self-starter, and strong execution competencies.

OTHER DETAILS

$93,000 – $114,200 / year 
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.