Responsibilities
- Directing, administering, and overseeing risk management activities in accordance with the goals and objectives established by the CEO and the Board of Directors.
- Serving as the primary liaison between bank management and the Board of Directors’ Committee.
- Assuring that the bank and its business units adequately identify, measure, monitor, and control the bank’s credit, interest rate, liquidity, price, operational, compliance, strategic, and reputation risks relative to the products, services, and activities for which they are responsible.
- Integrating risk management with strategic goal setting and business planning.
- Reviewing third-party independent reviews of risk, including but not limited to external loan review reports, compliance reports, regulatory examination reports, stress test results, and any other reports or information that identify, measure, or assess risk.
- Establishing and maintaining a compliant enterprise-wide Risk Appetite Framework, Risk Assessment System and risk management methodologies, tools and techniques.
- Establishing an early warning or trigger system for breaches of the bank’s risk appetite or limits.
- Ensuring policies and procedures meet legal, regulatory or contractual requirements.
- Providing clear directions and oversight on strategic goals and their accomplishments, translating and prioritizing them into business and performance measures for responsible business units.
- Contributing to the development of business unit strategy by providing a view on potential improvement for risk management policies and procedures, including an assessment of the existing situation and anticipated changes in the external environment.
- Managing and developing comprehensive processes for assessing, identifying, monitoring and reducing business risks that could impede the Bank’s objectives and goals, while minimizing duplication and maximizing efficiency.
- Developing and implementing plans for the infrastructure of risk management systems, processes, and personnel designed to accommodate the growth objectives of the Bank and associated regulatory compliance responsibilities.
- Directing the assigned staff in executing the risk-based plan for all internal reviews, compliance reviews, loan reviews, internal audits, and fraud investigations.
- Participating and consulting with management on emerging issues through effective, timely, and relevant communications.
- Attending Board of Directors meetings, Audit Committee meetings, Regulatory meetings, management meetings, and other meetings as required.
Requirements
- Bachelor’s degree in Business, Accounting or Finance or related experience.
- Ten or more years of experience in the risk management and/or compliance function in the financial industry, with extensive knowledge of laws and regulations from the regulatory agencies.
- Working knowledge of information security and cybersecurity practices and methodologies and understanding of technology.
- Detailed and extensive knowledge and comprehension of Banking policies and procedures.
- Proven leadership ability with excellent interpersonal communication skills necessary to maintain positive working relationships with all management and personnel at all levels.
- Ability to effectively communicate through written presentations and individual discussions with all levels in/out of the Bank.
- Strong organizational skills needed to coordinate multiple Bank priorities.
- Excellent judgment, decision-making, problem-solving and organizational skills with the ability to multi-task in a fast-paced environment, including the ability to negotiate, compromise and demonstrate diplomacy in sensitive situations and to interact effectively with senior management.
- Ability to work under pressure and adhere to strict deadlines.
- Ability to manage numerous simultaneous priorities in a dynamic and fast-paced environment.
- Ability to manage and develop personnel resources.
- Ability to disseminate information and guidelines clearly to employees and check for understanding.
- Ability to work independently and collaborate effectively as a team member.
- Exhibit a high degree of professionalism and confidentiality in handling and having access to sensitive information.
- Professional in appearance, and in verbal and written communication
- Proficient with MS Word, Excel, Outlook, Internet.
Nice to Have
- Master’s Degree
Benefits
- full benefits package
Work Arrangement
On-site
Additional Information
- This is not a remote position
