Senior Risk Manager

Emigrant Bank; Miami (FL); On-site; USD 100,000 - 130,000; Full time

Job summary

Emigrant Bank in Miami is seeking a Senior Manager for the Enterprise Risk Management (ERM) function. The role involves developing policies and overseeing risk management programs related to third party relationships. The ideal candidate should have 8-10+ years of experience in financial institutions, a bachelor's degree in a relevant discipline, and strong skills in communication and project management. The Senior Manager will play a key role in risk appetite statements and compliance monitoring, ensuring an independent analysis of business risks.

Qualifications

• 8-10+ years of relevant experience in banks or financial institutions.
• Thorough knowledge of laws and regulations from regulatory agencies.
• Strong organizational and project management skills.

Responsibilities

• Assist in developing policies and programs.
• Participate in oversight of model governance.
• Identify and analyze industry and regulatory developments.

Skills

Communication Skills

Analytical Skills

Project Management

Microsoft Office

Education

Bachelor’s Degree in a relevant discipline

Advanced degree preferred

Professional certifications in Risk Management, Audit, Project Management or Investment Management

Job description

Reporting to the Chief Risk Officer (CRO), the Senior Manager plays a pivotal role in the advancement and maturation of the Enterprise Risk Management (ERM) function at Emigrant. The Senior Manager will assist the CRO in establishing various programs in support of an expanded risk management function. Initially, the individual will be heavily involved in risk management programs designed to identify and report risks associated with third party relationships. Over time, the role is expected to expand to all or most areas of the ERM program.

Essential Responsibilities and Duties

• Assist in developing policies and programs
• Assist in designing key risk indicator (KRI) framework along with the calibration of thresholds across all risk dimensions
• Perform fundamental/basic project management tasks in support of complex, multidisciplinary projects
• Participate in the oversight of model governance including the validation of model assumptions and results
• Assist in formation of risk appetite statements and monitoring of compliance
• Identify and analyze industry and regulatory developments, threats, changes in technology and market risk issue
• Provide an objective analysis to ensure business risks are properly considered, including macro corporate strategy and the risk-based evaluation of business lines, products and processes
• Maintain excellent relationships with Business Heads to understand risks pertinent to the unit and its control environment

General Responsibilities

• Comply with all safety policies, practices and procedures. Report all unsafe activities to supervisor and/or Human Resources
• Participate in proactive team efforts to achieve departmental and company goals
• Perform other duties as assigned
• Provide leadership to others through example and sharing of knowledge/skill
• Receive very general guidance with respect to overall objectives; work is usually quite independent of others; operate within specific policy guidelines
• Prioritize, and organize assignments

Qualifications

• 8-10+ years relevant experience with banks or other financial institutions, with particular preference for experience with third party relationship programs and associated regulatory guidance
• Thorough knowledge of the laws and regulations from regulatory agencies, and solid understanding of internal controls
• Bachelor’s Degree in a relevant discipline required. Advanced degree preferred. Professional certifications in Risk Management, Audit, Project Management or Investment Management highly appreciated

Additional Requirements

• Superior verbal and written communication skills
• Entrepreneurial spirit and attitude necessary to establish and maintain positive working relationships with all management and personnel
• Ability to communicate complex concepts with a diverse audience
• Superior Microsoft Office skills required, with particular emphasis on outstanding Powerpoint presentation and Excel skills
• Strong organizational and project management skills needed to handle the coordination of multiple priorities
• Independent judgment with strong analytical and risk assessment skills
• A wide degree of creativity and latitude

The job description outlined above is considered a core list of job duties/requirements. This document should not be considered a complete or comprehensive list. The incumbent assigned to this position is required to perform the duties listed above. The incumbent is also expected to adapt to changes and/or additions as needed. Nothing contained within this document is intended or shall be construed to create or constitute a contract of employment between any employee or group of employees and Emigrant Bank and its Subsidiaries. Emigrant Savings Bank and its Subsidiaries retain and reserve any and all rights to change, modify, amend, add to or delete from any section of this document as it deems, in its judgment, to be proper. Emigrant Savings Bank and its subsidiaries and affiliates are Equal Opportunity and Aff…