The Second Line of Defense Risk Validator will work within the Bank's Enterprise Risk Management
function and will be responsible for credible challenge and testing of the first line of defense's Risk and
Control Self-Assessments (RCSA), programs, and functions to ensure inherent risks are adequately
identified, the related control(s) are properly designed and mitigates the inherent risk, and such controls
have been implemented, tested, and memorized in policies, procedures, desktop procedures. The
Validator will be responsible for representing ERM in challenging and testing and working with first line of
defense risk managers, risk liaisons, or line management in providing training, communicate expectations,
and challenge the first line of defense control programs and RCSAs.
This role will require an individual with knowledge of RCSAs, Sarbanes Oxley (SOX), or other risk and
control governance frameworks to readily assess inherent risk, ascertain properly designed controls, and
conduct corroborative inquiry and detailed testing to ensure that the controls are effective.
This role will require working and communicating with individuals throughout the institution regarding risk
analysis, project management, collaborating with business units in developing risk management and
governance frameworks. This role will also regularly act as a consultative resource to the first and second
line of defense, assist in putting together risk presentations or informational reports for business unit
leaders, executive management and the Board of Directors, and interpret and contribute to entity-wide
policies related to risk management and risk governance.
As an East West Bank employee, you will be part of a stable but growing organization that provides career
path development opportunities within the department or across the Bank.
design and operating effectiveness of the first line's key controls and the appropriateness of the
risk rating of these key controls.Responsible for testing of RCSAs, control programs, and functions and to maintain clear
documentation of the scope, selection process, testing, and conclusions reached.Monitor remediation efforts until resolution.Support the quality assessments of RCSAs completed by first line managers and recommend
changes as appropriate.Help create and memorialize detailed control testing templates, workpapers, and review
commentaries.Help manage and coordinate all risk activities to ensure material/key risks are appropriately
identified, managed, escalated, tracked, and remediated timely.Help analyze, aggregate, and articulate the results/issues/recommendations related to control
testing activities.Assist with the validation and closure of control issues as identified through testing results.Help prepare ad-hoc risk management reports as assigned.Help in the performance of comprehensive and well-thought-out quantitative analyses and justifyERM's conclusion in a logical manner.Keep up to date with industry best practice and new regulations.Perform other duties and special projects as assigned. Qualifications More than 5 years of work experience in risk management, Sarbanes Oxley, Internal Audit orExternal Audit (focusing on risk management, compliance, regulations), risk management
consulting, or process improvement.Knowledge with risk and control identification, designing, planning, implementing, and testing.Experience in conducting testing or testing for quality assurance.Ability to project manage and hold self and responsible parties accountable to assigned deadlines.Ability to make sound risk/reward decisions and propose practical solutions.Ability to consciously balance data, logic and intuition in all activities.Have effective verbal, written, and presentation skills with ability to influence desired outcomes.Ability to work within a dynamic collaborative environment in building new programs.Proven proactive approach to problem solving and workflow analysis be able to identify and
implement process improvements.Collaborative team player with demonstrated ability to be flexible and entertain all possible
options.Strong organizational skills, with the ability to effectively manage multiple deliverables and shift
among various tasks and projects.Self-motivated and able to work effectively both independently and as a teamA strong working knowledge of MS Office Software Suite (Word, Excel, Access, PPT, Visio)Knowledge of banking operations, products, and services; experience with risks and
controls/control gap identification related to Loan Operations, Commercial Lending and Banking,Bank Support and Corporate functions (such as Marketing, HR, Accounting, FP&A etc.), AML/BSA,Payment Fraud Cross-border Banking, and Digital Banking is a big plus.Professional/Industry Accredited Risk Management certification (e.g., CIA, PRM, CRMP, etc.) is a
big plus. Compensation The base pay range for this position is USD $80,000.00/Yr. - USD $95,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. Options Apply for this job onlineApplyShareEmail this job to a friendRefer <p style="margin: 0px;"><span style="color: #54585a;">Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.</span></p> Share on your newsfeed
East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law. Application FAQs
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