Chief Risk Officer, Financial Services – Banking, Los Angeles, California

L8

conselium executive searchLos Angeles, CAyesterday
Why Join Us: Position with opportunity to lead and improve Risk, Compliance, Information Security, BSA and CRA programs, leading an established team of experienced professionalsFinancially stable business with year-on-year growth for the previous eight yearsCulture built on valuing and empowerment and achieving goals through a superior customer experienceResponsibilities: Reporting to the Chief Executive Officer, the Chief Risk Officer is responsible for the efficient and effective governance of risks and is also responsible for the development and monitoring of the Enterprise Risk Management ProgramPartner with the business leadership team to identify and consider relevant risks in the development of the strategic vision and promote the balance of both the risk and rewards of the businessImplement appropriate/meaningful risk reporting to senior management and board of directors (entity level internal control risk assessment, quarterly risk assessment, key risk indicators, emerging risks, etc.)Develop and implement the bank’s enterprise-wide risk management framework, ensuring alignment with the bank’s business strategy, regulatory requirements, and risk appetiteProvide support and guidance regarding enterprise risk management strategy, initiative, training, risk management activities, policies, procedures, process, and reportingOversee compliance with consumer protection laws and regulations, including the Dodd-Frank Act and other relevant statutes, while ensuring adherence to the Bank Secrecy Act (BSA) requirements, including anti-money laundering (AML) measures, and monitoring compliance with the Community Reinvestment Act (CRA) Develop and maintain robust information security policies and procedures to protect customer data and prevent cyber threats, ensuring compliance with regulatory requirements related to information security and cybersecurityConduct regular risk assessments to identify potential risks to the bank’s operations, financial performance, and reputation, and develop and implement strategies to mitigate and manage identified risksCollaborate in the development of and communication of the use of appropriate risk management methodologies, tools and techniques (internal control documentation, risk policies and procedures, risk assessments, training, etc.) in collaboration with the CFOProvide regular reports on the bank’s risk profile and risk management practices to the CEO, Board of Directors, and regulators, serving as a liaison for the risk committee and other relevant committeesCoordinate with Chief Financial Officer in the continued compliance with FDICIAEnsure all areas of the bank receive sufficient education, training, testing and monitoring to ensure compliance with BSA and Consumer Compliance laws and regulationsOperational risk management, including fraud prevention, business continuity planning, and crisis managementOversees Information Security and Vendor Management through direct report: SVP, Information Security/Information Security OfficerCollaborates with CFO and interfaces with bank regulators as the Bank’s contact person for regulatory examinations; responsible for responding to and following up on any examination findings; reports to senior management and board of directors on progress of remediation activitiesContinuously monitors and improves risk management practices to align with best practices and emerging risksRequirements: Essential Education: Bachelor’s degreeYou must have significant banking risk and compliance experience, including leading teams and demonstrating strategic leadershipYour exposure must include consumer / community bankingApplication Process for Chief Risk Officer: Qualified professionals should submit their resume to Steve Harrison: steve@conselium.com
Apply now
Apply now

Level

DirectorL8

Location

Los Angeles, CA

Occupation

Financial Risk Specialists

Industry

Commercial Banking

Posted

yesterday

To get sharper similar jobs, create your profile using the link below.

Create profile