Job: Chief Risk Officer

 JOB SUMMARY

 Among other duties, the Chief Risk Officer develops and implements an enterprise-wide risk management program, encompassing Loan Review, Internal Audit, Loss Prevention, Fraud, Operational Risk, Regulatory Compliance, Information Security, Business Continuity, Disaster Recovery, CRA, SOX and BSA/AML/OFAC.

ESSENTIAL DUTIES

 The duties listed below may not include all responsibilities that the person in this role may be asked to perform. Incumbent may be required to perform other related duties, as assigned, including cross training across other departments, as necessary.

.Develops and implements an enterprise-wide risk management program, encompassing Loan Review, Internal Audit, Loss Prevention, Fraud, Operational Risk, Regulatory Compliance, Information Security, Business Continuity, Disaster Recovery, CRA, SOX and BSA/AML/OFAC

• Consults with the Board of Directors and Executive Management in establishing a COSO-based risk management program consisting of effective controls, risk mitigation, compliance policies, processes and methods necessary to assess business unit risk profiles and the Bank’s overall risk profile
• Measures and monitors risk through development and implementation of specific in-house risk adjusted performance measurement systems such as Probabilities of Default, Loss Given Default, Exposure at Default and other Basel guidance, as required
• Provides independent and objective risk assessment reports and recommendations to the Board of Directors and Executive Management regarding operating and financial performance
• Manages the hiring, daily activities, coaching, evaluating and counseling of reporting staff
• Participates in job specific training and other various Bank training programs, as necessary
• Maintains current knowledge of internal risk controls and loss prevention, including reporting of suspicious or unusual customer activity per Bank policy, and ensures adherence by the respective department personnel
• Maintains current knowledge and complies with all federal and state laws and regulations and all established Bank policies and procedures, including internal audit controls related to department operations, and ensures adherence by the respective department personnel
• Maintains current knowledge of all rules, regulations, and laws as they apply to BSA/OFAC/USA Patriot Act/CIP/AML, and ensures adherence by the respective department personnel
• QUALIFICATIONS

 These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

 A self-starting team player with a Bachelor’s degree from an accredited college or university in business, finance or economics and ten years of relevant risk management experience in the banking and finance sectors, including working experience in lending, managing interest rate risk, liquidity, credit, regulatory and operational risk and general financial management

• PC literacy and knowledge of spreadsheet and word processing software
• Flexibility, professionalism and ability to work in a highly stressful environment to perform a variety of tasks with numerous interruptions
• Attention to detail and a high degree of mental concentration, as well as the ability to multitask
• Good organizational, interpersonal and communications skills
• Bilingual in English and Spanish is desired
• ORGANIZATION

 This position reports to the Chief Executive Officer

• This position oversees the Bank’s Risk Management division
• TRAINING REQUIREMENTS

All employees are required to attend scheduled mandatory trainings and complete online regulatory compliance training courses applicable to their specific job function. In all situations, employees must ensure that their actions fully comply with all federal banking laws and regulations, including internal bank policies and procedures.

COMMUNITY INVOLVEMENT

 The Bank’s Mission Statement includes a commitment to helping our communities grow by serving them with pride and integrity. All employees are encouraged to volunteer for bank sponsored activities, civic, charitable and community events and to be active in the communities we serve.