Senior Risk Manager

Job description

Our goal is to hire and retain talented people with engaging personalities and exceptional work ethics. We believe in recognizing and rewarding employees who consistently perform at a high level.

We offer competitive salaries based upon experience and a comprehensive benefits package upon satisfying eligibility conditions, including health and dental insurance, life insurance, short term and long term disability, and the Bank's 401k Plan.

Position Summary:


The Senior Risk Manager participates in identifying, mitigating, monitoring and reporting on risks across the Bank. This Senior level role reports directly to the Audit Committee, providing independence necessary to provide direct unencumbered evaluations. This role operates in a consultative manner and is responsible for ensuring that business unites and managerial departments effectively monitor and manage risk in a way that is consistent with Board-approved risk limits, risk tolerance levels, and risk appetite.

Also responsible for managing the ERM program to help bank management identify key risks, the interdependency of risk, and help keep senior management focused on effective risk management.

Duties & Responsibilities:

• Oversee all enterprise risk management which incorporates programs for credit, market, compliance, and operational risk management.

• Monitor the organization's risk management program in a manner that fulfills the mission and strategic goals of the organization while complying with external and internal requirements.

• Enhance the ERM program and software to streamline the risk assessments of each area.

• Manage and maintain the Enterprise Risk Management Committee structure and actively lead the discussion in resolving risk related issues.

• Identify the risk areas of the bank and verify that risk assessments have been created.

• Determine that risk assessments are created for new products; and/or significant change in products.

• Act as the subject matter expert to advise departmental management in implementing governance and risk management programs within their own functions.

• Identify the pertinent FDIC risks as they apply to the bank.

• Maintain an annual ERM strategic plan that encompasses areas of oversight.

• Attend Board meetings; audit committee; Compliance committee; loan committee; and provide appropriate reports.

• Identify risks involved in any M&A activity.

• Perform other duties and responsibilities as needed or as designated by the Board.

Qualifications

• Bachelor's degree in accounting, Finance, Business, Management or related degree

• Preferred Certified Enterprise Risk Professional designation

• 4-7 years risk/audit experience with proven ability to proactively collaborate with colleagues and management

• Experience working in or with a Community Bank and with regulatory agencies, including FDIC and State regulators

• Strong communication, collaboration, and technical skills. Should be able to work effectively with others at all levels across the organization and provide authoritative guidance to management and staff within the organization

• Strong working knowledge of the risks associated with a banking institution as well as experience building effective internal control programs

• Experience reading and interpreting regulations, laws, and statutes. Strong research skills required

First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ+ can apply to our company for employment opportunities.