In accordance with applicable regulatory and industry guidelines, the CRO will design, develop, and implement appropriate processes and systems to identify, measure, monitor and control risks enterprise wide. Responsibilities include implementing the risk management strategy, while overseeing Compliance, BSA, Information Security, Credit Risk and Loss Prevention functions.  The CRO reports to the Chief Executive Officer for administrative purposes with additional reporting to the Board Risk Committee.

The Chief Risk Officer:

• Oversees the development and implementation of comprehensive risk management policies, standards, and frameworks, for all areas of risk in alignment with the Bank’s Strategic Plan.
• Works with Executive Management to control, mitigate, or transfer relevant risks and periodically presents reports on the Bank’s risk exposure and the status of the Enterprise Risk Management framework to the Board Audit and Risk Committees.
• Utilizes outside counsel appropriately to interpret regulatory and legal requirements applicable to the Banks’s operations and incorporate those requirements into the Enterprise Risk Management framework.
• Utilizes consultants or third parties appropriately to assist in validating, enhancing, remediating, or outsourcing components of the Enterprise Risk Management framework. 
• Contributes risk management perspectives to the evaluation of new products and services or significant changes in existing products and services and advises management on appropriate controls.  
• Chairs Enterprise Risk Management Committee meetings.
• Directs programs to monitor risk exposure.
• Assesses potential exposure due to residual and accepted risk and reviews the placement of appropriate insurance coverage (presented annually to the board and Risk Committees.
• Utilizes appropriate resources to monitor macro and micro economic factors that can impact risk assessments.
• Coordinates with internal and external auditors to align audit scope and coverage with Enterprise Risk Management risk assessments.
• Advises senior management and the Board on risk-related issues and potential impacts to strategic decisions.
• Promotes and supports the Bank’s culture.

Requirements include:

• Bachelor's degree in finance, business administration, or related discipline.
• Minimum of 10 years of experience in applied risk management within the banking industry, with at least 5 years in a management role.
• Broad understanding of all areas of risk, which include but are not limited to operational, credit, interest rate, liquidity, price, foreign exchange, transaction, compliance, legal, strategic, and reputation.
• Broad knowledge of regulations, including but not limited to those applicable to compliance, legal, operations, information security, credit, liquidity, and capital.
• In-depth understanding of bank operations and controls, including manual or systemic and preventive or detective controls and their appropriate use in the Enterprise Risk Management framework. 
• Experience with custom or off-the-shelf modeling, testing, and monitoring programs dealing with capital, stress testing, asset/liability systems, and other data-focused risk management and risk assessment.
• Excellent analytical, problem-solving, and decision-making skills.
• Effective communication and interpersonal skills, with the ability to interact confidently with stakeholders at all levels using strong written and verbal communication skills.
• Demonstrated leadership ability with a track record of building and leading high-performing teams.
• Professional certification preferred, such as Certified Enterprise Risk Professional (CERP), or Certified Risk Manager (CRM) or equivalent.  Certified Regulatory Compliance Manager (CRCM); Certified Information Security Manager (CISM or equivalent considered.
• Proven ability to work collaboratively in a dynamic and fast-paced environment.
• Working knowledge of state and federal regulations including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending along with industry best practices that pertain to this position.

Please send resumes to [email protected]