Risk Manager I

As a leading regional bank, SouthState has been providing financial solutions to individuals, families, and businesses in the Southeast for more than 100 years. SouthState team members strive to create remarkable experiences while building meaningful and lasting relationships. We are proud to be a reflection of the communities we serve, and our team members share core values that make SouthState a great place to bank, and a great place to work.

SUMMARY/OBJECTIVES

This position executes specific essential functions within the second line Risk Management Division to support SouthState's Enterprise Risk Management Framework which is designed to provide a consolidated view of risk in the organization and compliance with the company's Risk Appetite Statement.

ESSENTIAL FUNCTIONS

• Responsible for supporting ERM management in executing, maintaining, and enhancing the Company's Risk Management program.
  • Experience and demonstrated application of ERM Frameworks and related Programs (e.g., RCSA, Issue Management, Key Risk Indicators) preferred.
  • Experience and/or demonstrated working knowledge of front-line operations, risks and controls associated with Wealth, Correspondent Banking, or Payments preferred.
• May provide second line oversight for designated front line business areas.
• Assists other ERM Risk Managers or designated business lines in creating and maintaining the risk assessment process and program through Risk Registers/Risk and Control Self Assessments (RCSAs) and other risk assessments as needed:
  • Supports assigned business lines in understanding and identifying enterprise and business process risks.
  • Provides oversight and guidance to assigned business units to capture risks, controls, and issues in the company's GRC system of record and that they are addressed according to risk appetite. Consults with other risk management representatives, as necessary.
  • Supports Business Process Risk Assessments as assigned.
  • Participates and provides input on key business line initiatives such as new products and services, so that risk(s) can be appropriately identified and addressed.
• Maintains informal and formal communications channels with partners to gather risk data, obtain confirmation of effectiveness of controls, and share information to help promote a strong risk culture.
• Develops strong partnerships with assigned business units and stakeholders. Consults with other risk management representatives to provide sound risk advice.
• Collaborates with other Risk Management employees on continuous improvement of risk management activities and oversight in the company. Supports assigned operational functions of the Risk Management Division, which may include:
  • Execution of ERM Program Roadmap initiatives as assigned.
  • Assisting in the development and maintenance of departmental procedures and program-related reporting as assigned
  • Performing administration and project management duties as needed.
• May assist in the development, facilitation and/or otherwise support training for business lines on the ERM Framework, operational risk topics, current industry practices, and/or risk and control standards.
• Continuously updates knowledge and skills through professional training and/or cross-training offered by the Bank.

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

COMPETENCIES

• Financial acumen
• Industry/general banking and market knowledge
• Experience executing, perhaps leading, risk assessments (including RCSAs), and/or assessing the adequacy of policies, procedures, processes, and compliance and operational controls. May require some supervision to ensure alignment with organizational goals and standards.
• Clear understanding of risks and internal controls and the ability to evaluate and determine the adequacy and effectiveness of controls.
• Attention to accuracy and detail.
• Demonstrated critical thinking and problem-solving skills.
• Positive attitude with a self-starter mentality
• Effective written and verbal communication skills
• Effective relationship and partnership skills
• Well-organized, able to effectively multi-task

Qualifications, Education, and Certification Requirements

• Education: Bachelor of Arts or Science in Finance/Accounting, Business, or related field or equivalent work experience (risk management).
• Experience: 5+ years of experience with previous Risk Management and/or Internal Audit experience in banking preferred.
• Certifications/Specific Knowledge: Strong computer skills (Microsoft Word, Excel, and PowerPoint). Experience with Governance Risk and Control (GRC) applications preferred.

TRAINING REQUIREMENTS/CLASSES

Required annual compliance training, New Employee Orientation

PHYSICAL DEMANDS

Must be able to effectively access and interpret information on computer screens, documents, reports, and cash denominations, and identify customers. This position requires a large amount of time in front of a computer. This can be done sitting or standing with use of the right desk.

WORK ENVIRONMENT

For telecommuters or hybrid: Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered.

TRAVEL

Travel may be required to come to meetings as needed. This position requires travel (20%)

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