Senior Associate – Commercial Banking, Lending Risk and Controls

Flagstar Bank

Senior Associate in Commercial Banking & Lending Risk and Controls building risk management frameworks. Advising business lines on risk identification and compliance measures.

Posted 7/9/2026full-timeRemote • Missouri • 🇺🇸 United StatesSenior💰 $95,142 - $167,711 per yearWebsite

About the role

Key responsibilities & impact

Supports the Commercial Banking & Lending Business Risk & Controls Officer in the buildout, implementation, and consistent execution of a Risk Management framework within the 1st LOD.
Provides guidance in risk framework responsibilities with Business Process Owners (BPOs) in support of enterprise risk assessments, change management initiatives, customer complaint management, compliance testing, issue management, operational risk events, key risk indicators, control Identification and design, process taxonomy documentation, and quality assurance programs.
Leads risk management assessment of new products and services, including enterprise change management programs.
Provides risk advisory and guidance to the BPOs including process and control design, early risk identification, control environment operating effectiveness, and policies and procedures.
Provides guidance on assurance activities to help ensure that risk management frameworks and controls are effective to manage risks associated with the strategic plan of Commercial & Private Bank.
Directly engages with BPOs on identified operations risk incidents and issues in root-cause analysis, action plans, supporting documentation and testing of implemented controls to effectively remediate findings or issues.
Provides BPOs with risk advisory and guidance on project initiatives, risk assessments, and risk remediation efforts impacting the Business Units.
Supports activities to help ensure compliance with all enterprise compliance policies and standards, and management of compliance risks within the Bank’s risk appetite.

Requirements

What you’ll need

Undergraduate Degree (4 years or equivalent) in Finance, Economics, Business, Data & Analytics or similar.
8+ Years of risk and compliance experience.
Experience in Commercial Banking, associated Lending and Deposit products, or Compliance programs.
Experience in Treasury Management, Capital Markets, and Derivatives is a plus.
Large Bank experience
Ability to execute in change management environments, and has experience building programs / frameworks from the ground up

Benefits

Comp & perks

medical
dental
vision
life
disability insurance
comprehensive leave program

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Risk AssessmentControl DesignCompliance TestingOperational Risk ManagementProcess Taxonomy DocumentationQuality Assurance ProgramsEnterprise Risk AssessmentsChange ManagementRoot-Cause AnalysisRisk Remediation

Soft Skills

Guidance and AdvisoryInterpersonal CommunicationProblem-Solving