Job Information
BANTERRA CORP Enterprise Risk Manager in St. Louis, Missouri
SUMMARY
The Enterprise Risk Manager plays a critical role in the organization, tasked with supporting the development of a robust risk management framework and overseeing the banks Enterprise Risk Management (ERM) program. This includes risk appetite and tolerance, coordinating risk assessments, identifying and prioritizing risks, and assigning risk owners. The Manager also compiles detailed risk reports for management to ensure informed, responsible decision-making.
The ideal candidate for this role should have a strong background in various aspects of banking. In addition to strong communication and leadership abilities, this Manager should exhibit strong analytical skills, attention to detail, and the ability to think strategically. Knowledge of regulatory requirements and industry best practices is beneficial for success.
Overall, the Enterprise Risk Manager impacts the company by safeguarding its assets and reputation. Effective risk management ensures the Bank operates within its risk appetite, fostering a culture of risk awareness, contributing to the stability and resilience of the organization, and supporting long-term growth and success.
All employees are expected to protect the information and assets of the organization through heightened awareness of information security, cybersecurity, and risk management best practices, as well as complying with all applicable laws, regulations, and organizational policies.
ESSENTIAL DUTIES
Work closely with the Senior Risk Officer (SRO) and partner with key department leaders to ensure that risks are identified and proactively managed to balance both risk and rewards of business lines.
Contribute to and the design, development and implementation of the ERM program, including risk management policies, procedures and standards, risk responses, and metrics, in line with the organizational strategic plan.
Participate in the approach and execution of risk assessments and mitigation planning.
Participate in new activities with appropriate business and technology groups, making recommendations to enable timely, effective decisions regarding risks.
Contribute to the implementation of risk assessment methodologies, models and systems founded on best practice principles.
Provide support and training for risk management teams to perform risk assessments and develop risk response plans.
Facilitate the identification of risks utilizing appropriate tools and techniques. Identify relevant risks at the strategic and operational levels, utilize appropriate tools and techniques, and stay informed of changes in the risk environment.
Facilitate the assessment of identified risks, ensuring appropriate assessments in relation to severity ratings.
Analyze reports and recommend appropriate follow-up actions.
Participate in the development and facilitation of associate risk management awareness programs, risk response mitigation, and action plans.
Periodically perform quality reviews to identify changes required to enhance the program effectiveness, expand capabilities and ensures risks are appropriately assessed, managed and escalated into the larger enterprise program.
Contribute to senior management reports on risk management activities. Report all relevant ERM matters including findings, risk positions and recommendations to ERM Committee.
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