Senior Risk Management Officer

Institution: Bank ($12BN+ AUM)Role: Senior Risk Manager Reporting to: Chief Risk OfficerLocation: Los Angeles, CA (on-site 3 days per week)Salary: $160,000 - $190,000 (+ bonus)

Role: The Senior Risk Officer participates in identifying, measuring, mitigating, monitoring and reporting on risks across the Bank. The Senior Risk Officer works with the Manager of Risk Governance, Strategy and Operations to build a culture of risk management in the organization, develops risk mitigation strategies by entity, process and/or project and accumulate, synthesize and report on risks to executive management and the Board of Directors. The role includes responsibility for establishing risk procedures and routines to support the Bank’s risk methodology and staff supervision, as required.

What is required: Someone to own and handle policy & frameworks across the ERM program, including issues & change management. This person will develop ERM frameworks, implement processes across the business and run risk assessments for 7 of the key risk domains (there are 11 business wide), these will be carried out quarterly. Additional experience with Capital Stress Testing too, so expertise with DFAST / CCAR would be very applicable.

Responsibilities: Support the Chief Risk Officer in the evolution and management of the Bank’s Enterprise Risk Management ProgramAssist in the enterprise risk management strategy that safeguards the Bank, customers, investors and reputation.Proactively manages and advises the Bank on potential risks to assure objectives are achieved and disciplines are implemented to drive continuous improvement.Develop reporting to executive management and the Board Risk & Compliance committee regarding Enterprise risk management policies, processes and execution.Assist with the development and implementation of Enterprise risk aggregation strategies and the Enterprise Risk AssessmentAssist with the development and implementation of the Enterprise Breach Management and Non-IT Change Management ProgramsDevelop and implement changes as needed to minimize risks as well as improve internal and external risk characteristics across all business lines.Provide support and training to build awareness within the Bank to achieve growth targets and to protect the Bank from future exposure.Elevates risk events and/or propose mitigation plans to more senior levels, when appropriateComplete quarterly Capital Stress TestingSupport the development and risk monitoring within the BSA Department and Vendor Management areas.Analyze qualitative and quantitative data to develop process efficiencies and/or metrics for key risk indicatorsCollaborate with risk domain owners in the development and monitoring of risk controls/reports to limit the Bank’s risk exposureActively participates in Bank initiatives and projects, as needed, providing risk management, data analysis and bank processing knowledge and skills.Manage risk management analysts, as assigned, to achieve the assignments and objectives of the department, grow and develop their skills sets, and provide guidance and direction on completing deliverables.

Requirements: Bachelors Degree, in Accounting, Business Administration, Finance, or Economics.7+ years’ worth of experience supporting a Risk program at a banking institution (or with an Advisory / Consultancy), with direct experiences across ACH, wires, RDC, on-line banking including: loans/creditAbility to work onsite 3 days per week. Knowledge of risk management principles and practices. Familiarity with FRB and FFIEC guidelines.Knowledge of Financial Statement Ratios and Calculations. If you are interested in this opportunity, please send an updated resume to matt@wayoh.co