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BankUnited · 3 hours ago

Deposit Product Risk & Control Manager-Miami Lakes, FL( Hybrid)

Hialeah, FL

Full-time

Hybrid

Senior Level

5+ years exp

BankUnited is a financial institution seeking a Deposit Product Risk & Control Manager to oversee the risk and control environment for their deposit products. The role involves ensuring compliance with regulatory expectations and partnering with various teams to identify and mitigate risks across the deposit portfolio.

BankingFinanceFinancial Services

Diversity & Inclusion

Responsibilities

Identify and assess risks across deposit products, including operational, compliance, reputational, and strategic risks

Lead and document Risk Control Self-Assessments (RCSA) for deposit products

Maintain documentation of risk control processes, methodologies, and outcomes

Coordinate monthly operational risk reporting and analytics

Develop and maintain accurate, complete, and exception-based reports for effective monitoring of system activities and user access

Ensure timely detection and escalation of unauthorized or anomalous transactions

Partner with IT and business lines to continuously improve reporting capabilities

Act as the primary liaison with second and third lines of defense (ERM, Compliance, Internal Audit)

Support regulatory exams and internal audits by providing documentation and evidence

Incorporate feedback from oversight functions into control enhancements

Lead investigation and resolution of audit findings, including interest calculation discrepancies, access control weaknesses, and process gaps

Develop, implement, and monitor action plans to address audit recommendations, ensuring timely closure and sustainable controls

Prepare and maintain documentation of remediation activities and provide regular updates to management and auditors

Own and track audit findings through closure, ensuring sustainable remediation and ongoing compliance

Collaborate with product managers to ensure new deposit products meet risk and control standards

Participate in product development and change management initiatives

Influence roadmap decisions through risk-based insights and advisory input

Serve as the accountable system owner for deposit product subsystems (e.g., Signature Transaction and Time), ensuring centralized oversight, risk management, and documentation

Maintain comprehensive knowledge of system functionality, configurations, and downstream impacts

Act as primary liaison with IT, Operations, Compliance, Finance, and external vendors for issue resolution and system changes

Establish, document, and maintain written procedures for deposit product setup, change management, and approval workflows, ensuring compliance with audit recommendations

Create, update, and communicate policies and procedures related to deposit product risk and control, including roles, responsibilities, and approval requirements

Lead periodic reviews and training for relevant stakeholders on updated policies, procedures, and controls

Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.)

Adheres to Bank policies and procedures and completes required training

Identifies and reports suspicious activity

Qualification

Risk ManagementInternal ControlsRegulatory ComplianceAudit RemediationCore Banking SystemsProcess DocumentationBanking RegulationsGRC ToolsAnalytical SkillsMicrosoft ExcelMicrosoft PowerPointCommunication SkillsProject Management

Required

Bachelor's Degree in Finance, Business Administration, Risk Management, or related field

5+ years of experience in risk management, internal controls, or deposit operations in financial services in Finance, Business Administration, Risk Management, or related fields

Experience with core banking systems (eg, Fiserv Signature) and deposit product lifecycle management

Experience with access management, change management, and process documentation

Experience designing and implementing sustainable audit remediation plans

Strong understanding of internal controls, audit processes, and regulatory requirements for deposit products

Demonstrated ability to remediate audit findings and implement sustainable controls

Demonstrated ability to develop and maintain policies, procedures, and training materials for risk/control environments

Strong understanding of banking regulations (OCC, FDIC, FRB) and risk frameworks (NIST, COSO)

Proficiency in Microsoft Excel, PowerPoint, and GRC tools

Excellent analytical, communication, and project management skills