Chief Risk Officer (Bank / Financial Services only)

Chief Risk Officer (Bank / Financial Services only)

ESSENTIAL JOB FUNCTIONS

• Develops, implements, maintains, and administers the Bank's internal control framework in compliance with SOX and FDICIA; reviews internal controls, develops controls documentation, review, and testing requirements; works with executive management to develop and implement effective and efficient internal controls and risk mitigation; and provides reports to management and / or Board of Directors on status of SOX / FDICIA compliance.
• Manages and leads ateam of risk management professionals with responsibility for providing oversight and leadership in the changing regulatory environment and overseeing all bank compliance risk management activities in accordance with enterprise compliance standards.
• Shares knowledge of risk management frameworks, strategic objectives, processes, policy development, risk-based capital assessment, bank operations, reporting, products and services, and regulation to ensure effective risk management complying with applicable laws and regulations.
• Structures and implements risk management processes.
• Aligns Risk Management policies with internal and externalstakeholder requirements.
• Advises executive management with regard to risk management strategies across all risk types.
• Provides support and training to build awareness within the Bank, achieve growth targets and protect the Bank from future exposure.
• Supports the development of a holistic risk management framework by collaborating with other departments and lines of business to review and evaluate risks and controls.
• Coordinates with bank management to determine risk appetites and tolerance levels and communicates those to all lines of business.
• Serves as key liaison with Bank Audit Firms and State / Federal Regulatory Authorities, acting as ambassador promoting a positive image of the Bank in all matters regarding risk and control.
• Directs routine monitoring of regulatory requirements as well as periodic reviews and assessments of stateand federal regulatory compliance requirements to include analysis ofbusiness impact for enacted laws / regulations and recommended bank compliance actions to ensure regulatory compliance.
• Provides compliance and risk management subject matter expertise for project / process / product (including service and delivery channel) initiatives to ensure proactive identification of risks and the design of strategic and tactical regulatory solutions.
• Facilitates formal and informal risk management meetings to address risks and controldeficiencies identified through internal risk assessment and independent assessment, audit, and examinations; ensuring the Bank meets deadlines for resolving deficiencies.
• Serves as a member of and supports risk management roles, including operating risk framework and / or committees (e.g. BSA Committee, Audit Committee, Risk Management Committee, IT Steering Committee and Compliance Committee).
• Evaluates results of audits,examinations, investigations, prepares reports of findings, and suggests appropriate risk limitations to management. Keeps management apprised of the status of risk mitigation efforts regularly through reports to senior management, Board and / or Board committees as requested, and serves on the appropriate committees, as necessary.
• Participates in strategic planning and works with the Bank's Board Audit Committee and the Bank Senior Management Team to inform all necessary parties of risks faced by the Bank and formulates actions plans as needed.

BANKING,Finacial Management,Loan Documents,Loan Portfolio Analysis,Risk Modeling,Chief Credit Officer,Senior Credit Officer

Chief Risk Officer (Bank / Financial Services only)

MINIMUM QUALIFICATIONS

COMPETENCIES :