Director, Enterprise Risk and Compliance

Company Overview

Credit First National Association is a private label credit card bank and the consumer credit division of Bridgestone Americas. The Bridgestone Americas family of enterprises, including CFNA, is comprised of more than 50 production facilities and 55K employees throughout the Americas. We provide the consumer credit solution for the Firestone Complete Auto Care, Tires Plus, and Wheel Works brands, in addition to customized retail credit services for more than 8,000 other tire and automotive retailers nationwide. At our office in Cleveland, OH, more than 300 professionals gather each day to run a successful private label credit card program. We invest in our community and strongly believe that meaningful commitment to a wide variety of philanthropic organizations builds a better world and a brand that makes us proud.

Legal, Compliance & Audit

We are seeking a Director, Enterprise Risk and Compliance like you to join our amazing CFNA team.
The Head of Risk, Compliance, and BSA will maintain CFNA’s Enterprise Risk Management, Consumer Compliance, BSA/AML/OFAC, and Third-Party Risk Management functions.
We offer a variety of experiences to help you build the career that matters to you.

In this role, your primary responsibilities will include:

Primary Responsibilities:

• Executes the Enterprise Risk Management Framework for the business.
• Leads the BSA/AML/OFAC Risk Management Function.
• Oversee the maintenance of the Compliance Risk Management Function.
• Oversee the maintenance of the Third-Party Risk Management Function.
• Directs the risk management activities in accordance with applicable laws, regulations, regulatory guidance, and policies approved by the Board of Directors.
• Monitors the organization’s risk management programs in a manner that fulfills the mission and strategic goals of the organization while complying with external and internal requirements.
• Perform second line of defense responsibilities, including assessing the aggregate risk being taken and reviewing and effectively challenging business and operational unit strategies, initiatives, risk assessments, and risk mitigation and control activities.
  • Build out the second line of defense and effectively manage, motivate, and develop a high-performing team of risk management professionals.
• Review business and operational unit information, reports, risk remediation plans, and risk acceptance requests.
• Serve as CFNA’s Bank Secrecy Act (BSA) Officer and Office of Foreign Asset Control (OFAC) Officer by coordinating and monitoring the day-to-day compliance activities related to AML and OFAC.
• Revise related policies and procedures as needed. Keep abreast of changes in related laws and regulations and communicate to applicable personnel. Develop and provide related training to appropriate personnel. Perform additional duties as specified in the Anti-Money Laundering Policy.

Additional Responsibilities

• Analyze root causes and trends that could lead to heightened risk and assist management in implementing corrective actions where appropriate.
• Review and makes recommendations to the Board of Directors regarding the enterprise risk management framework, risk appetite statement, risk limits, and the establishment or revision of risk management policies.
• Report the aggregate risk position periodically to the Board/Directors Risk Committee/Management Risk Committee.
• Liaise with internal and external risk management stakeholders as required to address issues including the risk programs’ structure, effectiveness, or key findings.
• Maintain a compliance environment that encourages all bank employees and contractors to report suspected fraud and other improprieties without fear of retaliation.

Bachelor’s degree ; 10+ years of relevant experience including 7+ years management or leadership experience. Or Master’s degree; 8+ years of relevant experience including 5-7 years management or leadership experience

We are building a team as diverse as the world we serve. We believe in championing all perspectives, individuals, and teams. If you find this opportunity compelling, we encourage to apply.

What we offer

At Bridgestone, what really matters is to foster co-creation opportunities and empowering you to be creative and curious to make mobility safer, more efficient, and more sustainable for future generations. Whatever role you fill, when you represent Bridgestone, you are a valued teammate, and part of our larger mission to “Serve Society with Superior Quality”, for that, we offer you more than just a competitive compensation; we will provide you:

• A supportive and engaging onboarding experience to ensure a smooth transition into our team.
• The opportunity to develop and grow, through training and regular mentorship.
• Corporate Social Responsibility activities.
• A truly global, dynamic and challenging work environment.
• Agility and work/life effectiveness and your long-term well-being.
• A diverse and inclusive team.

Bridgestone is proud to be an Equal Employment Opportunity employer. It is our policy to consider for employment all individuals regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, gender, sex, sexual orientation, gender identity and/or expression, genetic information, veteran status, or any other characteristic protected by federal, state or local law.

Employment Eligibility

If hired, a Form I-9 Employment Eligibility Verification must be completed at the start of employment. Temporary work authorization or the need for sponsorship may disqualify you from employment.