Manager of First Line Risk Deposits at Associated Bank — BranchFactor

BranchFactor Summary

The original posting with the fluff stripped out

Expected experience: 6+ yrs
Management level: Individual contributor
Employment: Hybrid
Contract: Full-time

Compensation

Base salary	US$98,500 – US$169,000 / yr

Role speciality

No unique specialisation

Original posting

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

The Manager of First Line Risk Deposits is responsible for executing risk and control routines specific to deposit products and services. This role supports the implementation and monitoring of the Risk and Control Self-Assessment (RCSA), issue and complaint management, and deposit-related risk reviews. The manager ensures alignment with regulatory expectations, operational procedures, and internal risk frameworks. This position works with Deposit Operations, Compliance, and Business Risk teams to ensure proper risk mitigation and control execution within the deposit business line.

What you'll do:

Coordinate and maintain the Risk and Control Self-Assessment (RCSA) program for deposit products, ensuring accurate documentation of risks and controls.
Support the review and resolution of deposit-related issues, customer complaints, and audit/exam findings to improve operational controls.
Collaborate with first line leaders and operational teams to execute controls and track control effectiveness within deposit processes.
Partner with Compliance and Operational Risk to assess regulatory changes and implement updates to deposit risk procedures as needed.
Assist with initiative risk assessments (e.g., product or process changes) to evaluate impact on deposit-related risks and controls.
Support risk reporting and documentation related to complaints, losses, KRIs, and control test results for deposit functions.
Engage with business line contacts to promote risk awareness and ensure alignment with enterprise risk frameworks.
Contribute to internal readiness for audits and regulatory reviews specific to deposit operations.

What you'll bring:

Education

Bachelor's Degree or equivalent combination of education and experience. Business, Finance, Risk Management or related field of study. Required

Experience

6+ years experience in commercial banking, risk/control functions, or deposit operations within a financial institution. Required

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

Retirement savings including both 401(k) and Pension plans.
Paid time off to volunteer in your community.
Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
Competitive salaries with professional development and advancement opportunities.
Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
Personal banking, loan, investment and insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X. 

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.

$98,560.00 - $168,960.00 per year