Head of Enterprise Risk Management

About The Role

You will provide oversight of all aspects of an ERM program, including but not limited to, model risk management, third party risk management, operational risk management, operational resiliency, and physical security. This position ensures the identification, measurement, monitoring, reporting, and prioritization of risks faced by Rain.

Responsibilities

• Develop, implement, and refine ERM frameworks, policies, procedures, and governance structures aligned with regulatory guidelines.
• Oversee risk assessments and RCSAs ensuring that all relevant risks are identified and assessed, and that appropriate controls are in place to mitigate them.
• Provide oversight of ERM programs related to model risk, third party risk, operational risk, business continuity/disaster recovery, policy management, and physical security.
• Establish key risk indicators (KRIs), risk appetite statements, and enterprise risk registers to enhance risk transparency and accountability.
• Provide periodic updates to senior leadership and the board of directors on the Bank's risk profile across risk types, individually and in the aggregate, and on risk management activities.
• Provide insights and recommendations to senior leadership and the board of directors on risk-related matters, enabling informed decision-making and effective risk management strategies.
• Work with the Chief Risk Officer to set agendas for Enterprise Risk Management Committee meetings.
• Participate in governance committees and ensure responsiveness of ERMC packages to set agendas.
• Author and manage the Enterprise Risk Management Policy and Program, standards, and procedures.
• Foster a risk-aware culture by developing risk training programs, tools, and awareness initiatives across the organization as needed.
• Monitor emerging risks, regulatory changes, and industry trends to proactively adapt risk management strategies.
• Participate in, and prepare for, regulatory examinations and internal audits and assist in preparing responses to exams and audits.
• Provide support in other risk management programs and responsibilities, as needed, including other duties as assigned.

Requirements

• Bachelor’s Degree in Arts/Sciences (BA/BS) Accounting, business management, finance, or related field
• 12 years in Enterprise Risk Management within the Financial Services industry
• 5 years as the senior leader of ERM in a $5 billion+ asset size publicly traded financial institution.
• Relevant industry certifications (CPA, CIA etc.)
• Ability to understand and manage complex business projects concurrently with a wide range of stakeholders
• Strong executive presence and comfort presenting information to large groups across multiple levels
• Excellent writing skills, oral communication and interpersonal skills with ability to put technical terms into business communication for non-technical professionals or to present recommendations to senior management.

Qualifications

• Strong leadership skills including the ability to manage projects, build teams and lead change
• Ability to use MS Office tools for analysis and report writing
• Ability to utilize technology and systems to advance program initiatives

Skills

• Strong understanding of ERM principles and practices
• Experience in managing and mitigating operational, model, and third-party risks
• Knowledge of regulatory requirements and compliance
• Excellent analytical and problem-solving skills
• Effective communication and interpersonal skills

Benefits

• Unlimited time off
• Flexible working
• Easy to access benefits
• Rain Cards
• Health and Wellness
• Team summits

Pay

Compensation Range: $50K - $999K

Schedule

Not specified