Job Abstract

Position Title: Chief Operational Risk Officer

Business Unit: Risk Management

Reports to: Chief Risk Officer

Position Overview:

This position is a key leadership role within the second line of defense, providing oversight of frontline risk-taking activities. The role includes overseeing the Operations groups that support Wholesale and Retail banking, Wealth Management, and other independent operating subsidiaries of the company. Responsibilities encompass designing and driving the implementation of Three Lines of Defense programs in alignment with regulatory expectations for heightened standards. The Chief / Lead Operational Risk Officer will ensure effective risk management and compliance across the organization, enhancing the overall risk framework and promoting a culture of risk awareness and accountability.

Primary Responsibilities:

Designs and leads implementation of risk management practices for Heightened Standards across the three lines of defense.

Leads and oversees the operational risk management framework and ensures the framework is sustainable and embedded across the first and second lines of defense.

Develops in depth understanding of processes, identifies risk, evaluates design and effectiveness of risk controls, challenges and escalates concerns regarding risk controls as appropriate.

Reviews and challenges frontline change initiatives, issues, corrective actions, operational risk events (losses and near misses), risk policies and risk procedures, risk metrics and leads the risk and control self-assessment (RCSA) program.

Serves as point of contact for frontline business and control managers across the operations functions of the organization for circumstances that require engagement of second line operational risk expertise and escalation.

Conducts targeted risk reviews of emerging risks or areas of concern, including oversight of issues management program.

Leverages second line of defense subject matter experts to challenge and advise the frontline regarding a variety of operational risk types, including: project and business change initiatives, business continuity, payments, external fraud, information risk management, safety and physical security, transaction processing and execution, and third-party risk management.

Supports the Board and Management Committee reporting needs and provides regular updates on operational risk profile, key operational risks, issues and initiatives.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines.  Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

10

Skills Required to Perform the Primary Responsibilities of this Position:

Excellent communication skills, both written and verbal

Excellent organizational, analytical and interpersonal skills

Ability to work and multi-task in a fast paced environment

Knowledge of risk management frameworks, risk identification and measurement, RCSA, KRIs, issues management, risk analytics and governance

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A