Senior Risk Officer Enterprise Risk Management & Governance

Madison-Davis; New York (NY); On-site; USD 170,000 - 190,000; Full time

Job summary

Madison-Davis, LLC seeks a Senior Risk Officer to own the enterprise-wide ERM program with governance oversight of Internal Audit, Compliance, and BSA. The role reports to the President & CEO and the Board, commanding governance authority across risk management and regulatory liaison.

The ideal candidate has 15+ years in banking, including 10+ years in risk/compliance/audit, and demonstrates leadership with C-suite and regulators. Onsite role with strategic impact across the organization.

Qualifications

• 15+ years of banking experience with 10+ years in risk, compliance, or internal audit.
• Strong ERM and governance expertise with the ability to engage with C-suite, Board, and regulators.

Responsibilities

• Lead the development and implementation of an enterprise-wide ERM governance framework.
• Provide administrative oversight of Internal Audit, Compliance, and BSA functions.
• Ensure the Bank complies with applicable laws, regulations, policies, and procedures.
• Present periodic risk reporting to senior management and the Board, including dashboards and narratives.
• Collaborate with policy admins and counsel to maintain regulatory-compliant policies.
• Attend Board meetings and interact with senior management on risk matters.
• Foster integration of risk management practices across the organization.

Skills

ERM governance

Executive leadership

Regulatory liaison

Stakeholder comms

Risk management

Job description

Title: Senior Risk Officer Enterprise Risk Management & Governance Office Status: Onsite Long Island City, NY Base Salary: $170k $190k + Bonus

ABOUT THE ROLE

This Senior Risk Officer opportunity sits at the executive level of a well-established community bank, offering enterprise-wide ownership of the Bank s integrated Enterprise Risk Management program with administrative oversight of Internal Audit, Compliance, and BSA functions. The role reports directly to the President & CEO and Board of Directors and carries genuine governance authority developing and implementing the ERM framework, setting risk appetite, overseeing Information Security and vendor management, and serving as the primary risk liaison to regulators, Board committees, and senior management. It s the right seat for a seasoned banking risk executive with 15+ years of banking experience including 10+ years in risk, compliance, or internal audit who combines strong ERM and governance expertise with the leadership presence to engage credibly with C-suite executives, the Board of Directors, and regulatory authorities.

RESPONSIBILITIES

• Lead the development and implementation of a comprehensive, bank-wide integrated Enterprise Risk Management governance framework
• create and maintain processes for assessing, identifying, monitoring, and mitigating business risk across all functions
• Provide administrative oversight of Internal Audit, Compliance, and BSA functions
• ensure the Bank is in full compliance with applicable laws, regulations, operating policies, and procedures
• Follow direction set by the President & CEO, Board of Directors, and Risk & Compliance and Audit Committees of the Board
• review programs to ensure attainment of business plan objectives for growth and profitability consistent with Board-recognized risk appetite
• Conduct regular meetings with C-level executives and senior management with assigned risk management responsibilities
• discuss emerging issues, procedural changes, and risk mitigation practices
• Develop and revise risk management policies
• ensure quantification of management s risk appetite including policy limits and triggers
• ensure new policies and policy changes are effected timely in response to new products, revised workflows, and changes to applicable laws, rules, and regulations
• Prepare periodic reporting to senior management and the Board of Directors including the Risk Dashboard, Executive Scorecard, Risk Profile, and Narrative Summary
• Oversee the Information Security team and the Bank s vendor management process
• ensure appropriate controls and oversight are in place across third-party relationships
• Develop and maintain strong relationships with regulators
• provide quarterly updates as required and serve as the Bank s primary regulatory interface on risk matters
• Collaborate with policy administrators and counsel to ensure policies remain in compliance with banking laws, regulations, and internal standards
• Attend Board meetings and serve on management committees as required
• provide leadership and direction across risk goals and objectives and foster the integration of risk management practices throughout the organization