Chief Risk Officer / Information Security Officer / Director of Internal Audit

Essential Job Functions

• Develops and leads effort to manage and monitor enterprise -wide risk exposure derived from all banking and financial services activities.
• Integrates risk management concepts into strategic planning, risk identification and mitigation activities.
• Ensures that the governance, risk, compliance, and control frameworks of the Bank are operating effectively and within agreed risk tolerance levels.
• Directs the development of risk management and loss prevention programs.
• Develops, implements and evaluates policies, processes and systems for monitoring and mitigate risk exposure derived from all banking and financial services activities.
• Fosters a positive culture of confident and informed risk-taking through training, communication and promotion of agreed risk frameworks.
• Ensures policies and procedures meet legal, regulatory or contractual requirements.
• Oversees and monitors the level of bank-wide IT risk to established acceptable levels.
• Reviews and tests policies and procedures in line with technology objectives and the Bank’s Information Security Program; reporting on the same.
• Oversees and directs bank-wide internal controls program and processes in accordance with regulatory requirements and best practices.
• Approves internal controls pertaining to all Divisions and functions of the Bank.
• Recommends and directs improvements as needed based on risk assessments and audit results.
• Directs and oversees the compliance function and the internal audit function.
• Oversees operational audits to ensure compliance with established policies and procedures, and for compliance with laws and regulations.
• Implements appropriate action.
• Recommends to Audit Committee the annual schedule of audit work to be performed, proposed scope, and results of audits.
• Coordinates all Audit Committee meetings and reports to appropriate corporate governing boards.
• Covers all external audits, reviews and regulatory examinations.
• Coordinates and oversees all external audits, reviews and regulatory examinations.
• Oversees the timely submission of information, reports, etc. concerning the risk performance of the Bank to its governing body.
• Makes presentations to Senior Management, Executive Committee, Audit Committee and Board of Trustees/Directors.
• Directs and oversees corrective actions as needed.
• Serves as a member of the Loan Committee by actively participating in the review and approval of extensions of credit in accordance with Bank Policy.
• Oversees and monitors bank-wide Vendor Management Programs.
• Confirms timely submissions of information, data, and reports ensuring compliance.
• Oversees activities of managers and staff.
• Conducts periodic performance reviews and provides guidance and training as needed.
• Maintains knowledge of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) regulatory requirements.
• Ensures that management and staff members complete BSA-related annual training in a timely manner and that all BSA procedures are followed when applicable.
• Identifies and reports compliance related issues and suspicious activity.
• Performs related managerial, administrative and special projects as required or assigned to ensure the ongoing effectiveness of the compliance function.
• Serves on various committees as required.
• Performs related managerial and administrative work as required.
• Participates in civic activities to promote growth and development in the community and a positive image for the Bank.

  Pay

  Salary Range: $230,000 - $283,000
  

  Actual compensation for this role is commensurate with experience, skill set, and other qualifications.