Sr Director, Risk Officer

Dayforce; Minneapolis (MN); On-site; USD 180,000 - 280,000; Full time

Job summary

DNTB is seeking a Senior Director, Risk Officer to lead the Enterprise Risk Management program and provide independent risk oversight for the Bank's strategy and regulatory expectations.

The role partners with executive management and the Audit & Risk Committee to translate risk priorities into scalable programs, reports, and actions across the organization, including one direct report and ongoing improvements to risk processes.

Qualifications

• Bachelor’s degree required.
• 10+ years of relevant experience in banking or risk management.
• Ability to translate risk requirements into practical programs and deliverables.
• Experience leading employees and communicating risk matters to senior management, Board committees, and/or regulators.

Responsibilities

• Lead the day-to-day operation and maturation of the ERM program, including risk identification, assessment, monitoring, issue management, escalation, and reporting.
• Maintain and evolve the Risk Appetite Statement, KRIs, thresholds, and escalation mechanisms; assess alignment with strategy and risk profile.
• Prepare and present concise risk reporting to the President, management committees, ARC, and Board, including material and emerging risks and remediation status.
• Provide independent risk monitoring and challenge while collaborating to develop practical mitigation strategies.
• Conduct or coordinate risk assessments for new products, services, partnerships, and major initiatives.
• Own ERM work products and initiatives, including policies, risk assessments, GRC capabilities, issue management, risk reporting, and related automation.
• Partner with Compliance, Credit, Finance/Treasury, Technology, Information Security, Operations, Legal, Internal Audit, and others to support ERM.
• Lead ERM engagement with OCC and other regulators, including examinations and remediation of observations.
• Lead and develop the ERM team, including one direct report, with clear priorities and accountability.

Skills

Risk management experience

Analytical skills

Communication skills

Cross-functional collaboration

Leadership

Education

Bachelor’s degree

Job description

About the opportunity

The Senior Director, Risk Officer is responsible for leading, executing, and continuously evolving DNTB’s Enterprise Risk Management (ERM) program. This role provides independent risk oversight and partners with the President, executive management, and the Audit & Risk Committee (ARC) to ensure DNTB maintains an effective risk management framework appropriate for the Bank’s strategy, size, complexity, and risk profile.

The Risk Officer reports administratively to the President and operates under the functional oversight of the Audit & Risk Committee. The Risk Officer has direct and unrestricted access to the ARC and ARC Chair, with the authority to independently elevate material risk matters when appropriate.

This is DNTB’s senior risk leadership role, responsible for connecting the Bank’s risk strategy, risk appetite, regulatory expectations, and business priorities to effective and sustainable risk management programs, processes, monitoring, and reporting. The role translates the approved risk strategy and appetite into scalable programs and provides recommendations on how DNTB’s risk framework should evolve in response to business strategy, growth, emerging risks, and regulatory expectations.

The successful candidate will be an execution-oriented risk leader who combines sound independent judgment with collaboration and practical problem-solving. Success will be measured by the effectiveness of DNTB’s ERM program, the timely identification and management of risk issues, the quality of management and ARC reporting, and the ability to translate risk priorities into sustainable execution.

What you’ll get to do

• Lead the day-to-day operation and continued maturation of DNTB’s ERM program, including risk identification, assessment, monitoring, issue management, escalation, and reporting.
• Maintain and evolve DNTB’s Risk Appetite Statement, key risk indicators (KRIs), thresholds, and escalation mechanisms, and assess alignment with the Bank’s strategy and risk profile.
• Prepare and present concise, actionable risk reporting to the President, management committees, ARC, and Board, including material and emerging risks and remediation status.
• Provide independent risk monitoring and constructive challenge while working collaboratively with DNTB leaders to develop practical mitigation strategies and resolve risk issues.
• Conduct or coordinate risk assessments for new products, services, partnerships, and significant business initiatives.
• Own key ERM work products and initiatives, including policies, risk assessments, GRC capabilities, issue management, risk reporting, and related automation and process improvements.
• Partner with Compliance, Credit, Finance/Treasury, Technology, Information Security, Operations, Legal, Internal Audit, and other functions to support effective enterprise risk management.
• Lead ERM engagement with the Office of the Comptroller of the Currency (OCC) and other regulators as necessary, including examinations, information requests, supervisory discussions, and remediation of ERM-related observations.
• Lead and develop the ERM team, including one direct report, with clear priorities and accountability for execution.

Skills and experience we value

• Bachelor’s degree required.
• Approximately 10+ years of relevant experience in banking, financial services, enterprise risk, operational risk, or a related risk management discipline.
• Demonstrated experience developing, implementing, operating, or improving risk management programs.
• Strong analytical, problem-solving, organizational, and communication skills, with the ability to translate risk requirements into practical programs and deliverables.
• Ability to provide independent challenge while collaborating effectively across functions and driving initiatives through completion.
• Experience leading employees and communicating risk matters to senior management, Board committees, and/or banking regulators.

What would make you stand out

• Experience within an OCC-regulated banking environment is preferred.
• Given this position’s role as an important conduit to the OCC, preference will be given to candidates located in the Twin Cities metropolitan area.