We are seeking a highly experienced and motivated Business Risk and Control Officer (BRCO) – Business Unit Compliance Lead to join our Risk Management team. In this pivotal role, you will serve as a strategic compliance partner and subject matter expert for your assigned Line of Business (LOB), ensuring effective risk identification, mitigation, and compliance with applicable regulations. As a key member of the First Line of Defense (1LOD), you will translate complex regulatory requirements into practical controls and help build a culture of proactive risk management across the organization.
Key Responsibilities
1. Business Partnership (20%)
- Provide leadership and coaching to 1LOD to proactively identify and manage risks.
- Educate and enable the business to implement risk frameworks, policies, and taxonomies from the Second Line of Defense (2LOD).
- Foster cross-functional collaboration between 1LOD and 2LOD.
- Promote a strong enterprise risk culture emphasizing ethical conduct, transparency, and accountability.
2. Line of Business Compliance Support (40%)
- Act as the LOB expert on rules, regulations, and compliance requirements.
- Translate regulatory mandates into actionable business controls.
- Lead implementation of new or revised regulatory requirements and address compliance gaps.
- Provide recommendations during the execution phase and assist in gap analyses.
3. Risk Awareness & Advisory (15%)
- Detect and assess emerging risks impacting the business.
- Analyze and respond to operational risks tied to industry enforcement actions or settlements.
- Provide oversight and insights on regulatory trends and their business implications.
4. Compliance Operations Support (15%)
- Serve as the LOB point of contact for compliance exams, audits, and reviews.
- Prepare materials for senior risk committees and governance bodies.
- Participate as a subject matter expert in various risk and compliance assessments.
5. Other Duties (10%)
- Support additional compliance initiatives and risk mitigation strategies as needed.
Qualifications:
Education & Experience
- Bachelor’s degree required, or High School Diploma/GED with 10+ years of relevant Technology or Risk experience.
- Minimum of 6 years in financial services, regulatory compliance, or internal audit roles.
- At least 2 years of experience with public accounting (Big Four preferred).
- Experience implementing and testing internal controls, policies, and procedures.
Certifications
- Preferred: Certified Information Systems Auditor (CISA) or other applicable risk/compliance certifications (e.g., CRCM, CIA, CRISC).
Skills & Competencies
- Strong understanding of banking products, services, and workflows.
- Deep expertise in regulatory compliance, risk frameworks, and control design.
- Ability to lead without direct authority and influence senior stakeholders.
- Excellent communication skills – able to explain complex risk issues clearly and concisely.
- High attention to detail, analytical thinking, and comfort with data interpretation.
- Proven ability to manage multiple priorities in a fast-paced, dynamic environment.
- Self-starter with strong initiative and ability to work independently and collaboratively.
- Demonstrated experience with risk reporting, credible challenge, and escalation protocols.
Why work with us? We are a woman-owned company that values your ideas, encourages your growth, and always has your back. When you work with us, not only do you get health and dental benefits on the first day of employment, but you also have training opportunities, flexible/remote work options, growth opportunities, 401K and competitive pay. Apply today! We are an EOE, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. https://www.optechus.com/eeo_self_identification/