Director of Risk Governance

Risk United States Birmingham, Alabama Knoxville, Tennessee Nashville, Tennessee


Description

This position must be located in our business footprint, which includes the following states: TN, KY, GA, and AL. 

Summary:

The Director of Risk Governance manages the 2nd LOD functions which impact all risk categories of the Bank and Corporation within the Statement of Risk Appetite. This governance includes administration of the enterprise risk management program, model risk management program, new activities risk assessment program and enterprise-wide stress testing program. This role is responsible for assisting the CRO in creating and supporting a risk culture and leading the risk management function within the second line of defense.

Essential Duties and Responsibilities:

  • Manage the administration of enterprise-wide risk management program, model risk management program, new activities risk assessment program and stress testing risk management program.
  • Act as deputy chairperson of the Risk Management Committee assisting the CRO with setting the agenda for monthly meetings.
  • Aggregate enterprise risk management reporting including Statement of Risk Appetite and quarterly risk profile for executive management and the Board of Directors including applicable committees.
  • Monitor the risk in the bank through periodic reviews of emerging risks.
  • Exercise oversight and provide guidance over the ERM program for adequacy of business unit risk assessment processes and key risk indicator reporting and aggregation which is carried out by the Director of ERM Program.
  • Exercise oversight and provide guidance over the model risk management program which is carried out by the Director of Model Risk Management.
  • Exercise oversight and provide guidance to further develop and enhance implementation of the new activities risk assessment program.
  • Exercise oversight and provide guidance to develop and implement an enterprise wide stress testing program.
  • Assist the CRO in risk management presentations to executive management and the Board of Directors’ Risk Committee as needed.
  • Assemble information and reports pursuant to regulatory exams and outside
  • Provide leadership and management to associates to ensure satisfactory performance, adequate training, promotional and development
  • Provide adequate oversight to direct reports to assure that they perform their duties in accordance with Bank requirements and that they meet all audit, compliance, risk management and regulatory requirements, mandates and directives to operate in a safe and sound manner
  • Ensures that all work is in compliance with, and exhibits a thorough understanding of, applicable federal and state laws, regulations and guidelines
  • Cultivate an environment that supports diversity, teamwork, and performance.

 

Qualifications:

Education and/or Experience:

  • Bachelor’s Degree in Finance, Accounting or similar background
  • 10+ years of relevant risk management or internal audit experience required
  • 7+ years of management or leadership experience in managing a risk or audit function of a regional or large bank with oversight responsibilities for at least 2 or more disciplines
  • Strong knowledge of bank accounting, regulations, policies and procedures as it applies to the risk management function

Skills and Abilities:

  • Proven management and analytical skills
  • Strong results focused; set goals and determine best process to achieve results. This would include effectively managing multiple projects and meeting deadlines and deliverables and taking initiative to solve problems and improve efficiencies and processes within scope of authority
  • Ability to communicate to various levels of the organization up to executive management and Board members
  • Respectful demeanor toward other associates and managers that promotes a positive and professional work environment
  • Understand and comply with bank policy, laws, regulations as applicable to your job This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity

FirstBank does not accept unsolicited resumes from agencies and staffing firms. Recruitment agencies and consultants may not submit resumes directly to managers. FirstBank will not pay fees to any third-party agency or company that does not have a signed agreement as an approved vendor. FirstBank in an Equal Opportunity Employer, including disability.